{
  "crd_number": 318657,
  "slug": "vestgen-advisors-llc-chicago-il-318657",
  "primary_business_name": "VESTGEN ADVISORS, LLC",
  "legal_name": "VESTGEN ADVISORS, LLC",
  "dbas": [
    "VESTGEN",
    "VESTGEN ADVISORS",
    "VESTGEN CHICAGO",
    "VESTGEN DOWNERS GROVE",
    "VESTGEN EGG HARBOR",
    "VESTGEN GLEN ELLYN",
    "VESTGEN INVERNESS & DOWNERS GROVE",
    "VESTGEN KANSAS CITY",
    "VESTGEN KEY WEST",
    "VESTGEN KIRKWOOD",
    "VESTGEN NAPERVILLE",
    "VESTGEN OAK BROOK",
    "VESTGEN RETIREMENT SERVICES",
    "VESTGEN SCHAUMBURG",
    "VESTGEN SOUTH BARRINGTON",
    "VESTGEN ST. CHARLES",
    "VESTGEN WEALTH PARTNERS"
  ],
  "city": "Chicago",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-03-04",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-09-11",
  "carried_forward": false,
  "raum_total": 6665601942.0,
  "raum_discretionary": 5665761650.0,
  "raum_non_discretionary": 999840292.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 165,
  "advisory_employees": 58,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": null,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 3237791789.0,
      "count": 21477
    },
    "banking_thrift": {
      "raum": null,
      "count": null,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": null,
      "count": null,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": null,
      "count": null,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": null,
      "count": null,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": null,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 3427810153.0,
      "count": 1313
    },
    "corporations_other_businesses": {
      "raum": null,
      "count": null,
      "fewer_than_5": true
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "IL",
    "IN",
    "KS",
    "KY",
    "MA",
    "ME",
    "MI",
    "MN",
    "MO",
    "MT",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA",
    "VT",
    "WA",
    "WI"
  ],
  "websites": [
    "https://facebook.com/Investwithwmg",
    "https://facebook.com/people/VestGen-Wealth-Partners/61565207325276",
    "https://getretiredstayretired.com",
    "https://instagram.com/vestgen",
    "https://linkedin.com/company/vestgen-wealth-partners/mycompany",
    "https://linkedin.com/company/wealthmanagementgroup",
    "https://optimuminvestment.com",
    "https://twitter.com/investwithwmg",
    "https://vestgen.com",
    "https://youtube.com/channel/UCbAxr_G2jodWZ4WXX9ghruw"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/318657",
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/vestgen-advisors-llc-chicago-il-318657",
  "display_name": "Vestgen Advisors, LLC",
  "summary": "Vestgen Advisors, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2022, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 11, 2026.",
  "citation": "AdvisorCensus. Vestgen Advisors, LLC (CRD 318657): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Vestgen Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Vestgen Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Vestgen Advisors, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: up to 2.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Vestgen Advisors, LLC located?",
      "a": "Vestgen Advisors, LLC's principal office is in Chicago, IL, according to its Form ADV; the October 2026 filing also lists 12 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Vestgen Advisors, LLC registered with the SEC or a state?",
      "a": "Vestgen Advisors, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 318657."
    },
    {
      "q": "How much does Vestgen Advisors, LLC manage?",
      "a": "Vestgen Advisors, LLC reports $6,665,601,942 in regulatory assets under management in its Form ADV filing dated September 11, 2026 (85% discretionary)."
    },
    {
      "q": "How have Vestgen Advisors, LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Vestgen Advisors, LLC: Regulatory assets under management: $302,971,023 in the October 2022 data and $6,665,601,942 in the October 2026 data, up 2100%. Total employees: 6 in October 2022 and 165 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Vestgen Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (21,477); high net worth individuals (1,313)."
    },
    {
      "q": "Which custodians does Vestgen Advisors, LLC use?",
      "a": "Vestgen Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC and Pershing Advisors Solutions LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Vestgen Advisors, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/318657"
    },
    {
      "q": "What changed in Vestgen Advisors, LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Registered or notice-filed in ME, NE, VT."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 302971023.0,
      "total_employees": 6,
      "filing_date": "2022-07-06"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 528149659.0,
      "total_employees": 7,
      "filing_date": "2023-09-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 660292121.0,
      "total_employees": 7,
      "filing_date": "2024-09-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 3470310102.0,
      "total_employees": 115,
      "filing_date": "2025-07-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 6665601942.0,
      "total_employees": 165,
      "filing_date": "2026-09-11"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Registered or notice-filed in ME, NE, VT."
      ]
    },
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Registered or notice-filed in HI."
      ]
    },
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in MT.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Optimum Investment Advisors.",
        "No longer lists the business name Vestgen Naples.",
        "Added the business name Vestgen Retirement Services.",
        "Added the business name Vestgen South Barrington.",
        "Employees performing advisory functions went from 30 to 58.",
        "Regulatory assets under management went from $3,470,310,102 to $6,665,601,942 (+92%).",
        "Added an office in Chicago, IL.",
        "Added an office in Oak Brook, IL."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Added the business name Vestgen Key West.",
        "Added the business name Vestgen Kirkwood.",
        "Added the business name Vestgen Schaumburg.",
        "Added the business name Vestgen ST. Charles.",
        "Added an office in Kansas City, MO.",
        "Added an office in Kirkwood, MO.",
        "Added an office in Schaumburg, IL.",
        "Added an office in St. Charles, IL.",
        "Registered or notice-filed in AL, CT, DC, DE, KY, MA, NM, NV, OK, OR, VA, WA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "2.5% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 2.5% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "The annual investment advisory fee charged ranges up to a maximum of 2.5% of the assets held in the account."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 2.5,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The annual investment advisory fee charged ranges up to a maximum of 2.5% of the assets held in the account."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "Pershing Advisors Solutions LLC",
      "name_as_filed": "PERSHING ADVISORS SOLUTIONS LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/vestgen-advisors-llc-chicago-il-318657.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 21477,
      "fewer_than_5": false,
      "raum": 3237791789.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1313,
      "fewer_than_5": false,
      "raum": 3427810153.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": null
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/318657",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}