Major cities such as Chicago offer a high density of financial advisor options. Here are 6 independent firms that are among the best catering to clients in the Windy City.
For full disclosure, I did not put our firm CrossPoint Wealth on this list because we have higher minimums than these firms and are not based in Chicago, but in the western suburbs. Also, we only provide retirement planning for individuals who are over 50 with a of philosophy of smarter investing, reducing taxes, and enhancing income.
Now here’s the list.
Basil Financial Group
Basil Financial Group is a fee-only financial advisory firm: It sells no products and does not receive any commissions. Rather, it charges its clients an annual fee, which covers any meetings and also grants clients full access to advice on financial planning, investing and taxes. Lois Basil, the company’s principal, is a Registered Investment Advisorwho ran her Chicago-based accounting firm for more than 13 years before starting Basil Financial Group.(1)
Blueprint Wealth Advisors, LLC
Blueprint Wealth Advisors is an advisory firm that aggregates independent wealth advisors. This means that while each professional works under the Blueprint Wealth Advisors banner, clients have their advisors. The company relies on over 50 years of combined experience to help its clients in a variety of wealth managementareas, from estate planning to retirement planning.(2)The company uses the Commonwealth Financial Network for research and as its broker/dealer;(3)Commonwealth has received the J.D. Power and Associates “Highest in Independent Advisor Satisfaction Among Financial Investment Firms” award several times, most recently in 2019.(4)
Crescendo Financial Planners
Crescendo Financial Planners is a fee-only financial planning and advisory firm and, therefore, does not receive fees or commissions from third parties. Similar to Basil Financial Group, Crescendo Financial Planners charges an annual retainer for the full use of its services. Taking a holistic approach, the firm seeks to integrate all areas of a person’s financial life, understanding that an individual’s unique beliefs and attitudes impact specific financial decisions. The company considers improving its clients’ financial literacy a key part of its services.(5)
DeRose Financial Planning Group
Named for its founder, Karen DeRose, DeRose Financial Planning Group delivers holistic and practical financial advice, having provided experienced investment management for more than 20 years and two generations (Karen’s two sons work with her).(6)The company tackles such areas as education funding, succession planning, benefits packages and tax shelters for clients ranging from families to firms.(7)
Its E-Worth Manager system provides clients with their own websites, so they can track their investment portfolios, bank accounts, and credit cards all in one place.(8)
Fisher Investments
Even though they don’t have actual location in Chicago we put Fisher Investments on the list. For over 40 years, Fisher Investments has worked in our clients’ best interests by thinking and acting independently rather than following outdated industry practices. Our personalized approach, our total commitment to serving our clients and our investing experience make us unique in our industry. That’s why Fisher Investments currently manages $169 billion for investors worldwide and helps over 85,000 clients meet their financial goals. If you’d like to learn more about their services call them at 1-888-823-9566.
RCM Wealth Advisors
RCM Wealth Advisors is an independent, employee-owned boutique firm that offers a wide array of financial services. Their expert staff comes from a variety of backgrounds, with experience at large financial organizations across the globe, yet they all have one thing in common: The belief that the financial services industry should be founded on trust and accountability. Guided by that belief, they provide their clients with the tools, insight, and elite personal service needed to succeed in today’s ever-changing fiscal landscape.
RCM Wealth Advisors provides a transparent and personalized approach to build and maintain a foundation of wealth for families, institutions, and businesses.
If you’re interested in learning more about RCM Wealth Advisors, they can be reached at 866-903-1822.
We hope this information can help you along your financial journey.
Until Next Time…
P.S. At CrossPoint Wealth, we help individuals over 50 and families assess their unique, personal situations, plan for the long term and invest to meet their goals. If you are interested in speaking with our firm CrossPoint Wealth in more detail or would like a portfolio review please email us at info@crosspointwealth.com
