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Top Financial Advisors in Deerfield, IL

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Finding a Top Financial Advisor Firms in Deerfield, Illinois

When you are searching for a financial advisor, it can be difficult to know which firms are the best fit for your needs. We've streamlined this process by compiling the top eight advisory firms in Deerfield, looking at company records and SEC filings to learn more about these firms. If you’re still unsure of who to work with, our financial advisor matching tool can pair you with up to three options in your area.

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Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 Strategic Wealth Partners Strategic Wealth Partners logo Find an Advisor

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$2,530,688,026 $1,000,000
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
  • Educational seminars/workshops
  • Credit and cash management solutions

Minimum Assets

$1,000,000

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
  • Educational seminars/workshops
  • Credit and cash management solutions
2 Alera Investment Advisors, LLC Alera Investment Advisors, LLC logo Find an Advisor

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$974,815,441 No set account minimum
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
3 Nadler Financial Group, Inc. Nadler Financial Group, Inc. logo Find an Advisor

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$1,157,530,427 Varies based on account type
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Retirement plan consulting

Minimum Assets

Varies based on account type

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Retirement plan consulting
4 Roberts, Glore & Co. Roberts, Glore & Co. logo Find an Advisor

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$747,727,376 $500,000
  • Financial planning
  • Portfolio managment

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio managment
5 Personal Financial Planning, Inc. Find an Advisor

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$896,985,000 No set account minimum
  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)
6 Capital Management Consultants, Inc. Capital Management Consultants, Inc. logo Find an Advisor

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$102,883,059 $100,000
  • Financial planning
  • Portfolio management
  • Selection of other advisors

Minimum Assets

$100,000

Financial Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors
7 E.A. Horwitz LLC E.A. Horwitz LLC logo Find an Advisor

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$168,371,015 No set account minimum
  • Financial planning
  • Portfolio management

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
8 Hochman Cole Investment Advisors, Inc. Hochman Cole Investment Advisors, Inc. logo Find an Advisor

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$442,539,346 $500,000
  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)
  • Consulting

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)
  • Consulting

What We Use in Our Methodology

To find the top financial advisors in Deerfield, we first identified all firms registered with the SEC in the city. Next, we filtered out firms that don't offer financial planning services, those that don't serve primarily individual clients and those that have disclosures on their record. The qualifying firms were then ranked according to the following criteria:

  • AUM
    Firms with more total assets under management are ranked higher.
  • Individual Client Count
    Firms who serve more individual clients (as opposed to institutional clients) are ranked higher.
  • Clients Per Advisor
    Firms with a lower ratio of clients per financial advisor are ranked higher.
  • Age of Firm
    Firms that have been in business longer are ranked higher.
  • Fee Structure
    Firms with a fee-only (as opposed to fee-based) compensation structure are ranked higher.

All information is accurate as of the writing of this article. This list may include firms that have a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. Such relationships have no impact on our rankings, and firms are included and ranked based strictly on the above criteria.

Strategic Wealth Partners

Strategic Wealth Partners (SWP), a fee-only firm, is No. 1 on our list of the top financial advisory practices in Deerfield. SWP also has branch offices in downtown Chicago and Milwaukee, Wisconsin.

The firm, which generally imposes a minimum account size of $1 million, works with a mix of clients, including individuals without high net worths, high-net-worth individuals, pension and profit-sharing plans, charities and corporations. 

The team at SWP includes 11 certified financial planners (CFPs), three chartered financial advisors (CFAs) and four certified public accountants (CPAs). SWP advisors do not recommend or sell third-party products. 

With more than $2 billion in assets under management, SWP manages more money than any other firm on this list. 

Strategic Wealth Partners Background

Strategic Wealth Partners was founded in 2008 by principals David J. Copeland and Neal H. Price. It is wholly owned by Focus Operating, LLC, which itself is a wholly owned subsidiary of Focus Financial Partners, LLC, a financial services holding company.

The firm provides financial planning and consulting services, along with investment management. From time to time, the firm may recommend external managers to supervise portions of its clients’ portfolios.

Strategic Wealth Partners Investment Strategy

Strategic Wealth Partners starts each client’s investment planning process by sitting down with them and establishing key information like their current asset level, investing objectives, tax situation and risk tolerance. From there, the firm will determine what combination of asset classes would be most appropriate to meet their ultimate goals.

The firm typically constructs client portfolios using investments like mutual funds, exchange-traded funds (ETFs), structured notes, external investment managers and other securities. The percentages that each of these investment types will occupy within your portfolio varies from client to client. The firm may recommend clients who meet certain requirements invest in private placement securities, including hedge funds

Alera Investment Advisors, LLC

Alera Investment Advisors is a large firm that primarily works with individuals, but also has high-net-worth individuals, retirement plans and corporations as clients. The firm doesn’t impose a minimum investable asset requirement, but it does tailor some of its services to high-net-worth clients.

Fees for investment advisory services here are calculated as a percentage of your assets under management (AUM). However, some advisors earn commissions, leading to a potential conflict of interest. Then again, Alera is a fiduciary and its advisors must always act in the best interests of their clients.

Alera Investment Advisors Background

Alera was first established in 2017, making it one of the youngest firms on this list. It’s a wholly owned subsidiary of The Alera Group, Inc., a larger company that works with clients across the country. The Alera Group deals in various areas of finance like employee benefits, property and casualty insurance, risk management and wealth management.

Alera provides fee-based investment management, financial planning and consulting services to its clients. Investment management services are provided internally, through the use of independent sub-advisors or through an automated management platform that the firm may recommend.

Alera Investment Advisors Investment Strategy

Alera primarily uses fundamental analysis when formulating its investment recommendations. Fundamental analysis involves attempting to ascertain the intrinsic value of a company or security through economic and financial research.

The firm typically invests with a long-term perspective, so it generally sticks to long-term purchase strategies. This means it often buys securities with the intent of holding on to them for at least a year. There are exceptions to this practice, however, like if the firm is rebalancing a portfolio to return to the original asset allocation or if a client has specific income needs.

Nadler Financial Group, Inc.

With the second-most assets under management, Nadler Financial Group is next on our list. Its clients are mostly individuals and high-net-worth individuals, but the firm also works with retirement plans, corporations and charitable organizations.

The firm offers fee-based investment management services through a few different programs, along with limited financial planning services and consulting for retirement plans. To receive discretionary investment management services, the firm generally requires at least $750,000 in investable assets, although the minimum asset requirement varies depending on the services a client seeks.

The team of advisors at Nadler Financial includes seven certified financial planners (CFPs), four certified public accountants (CPAs), a chartered financial analyst (CFA), one chartered retirement plans specialist (CRPS) and two chartered retirement planning counselors (CRPCs). Some advisors are also independently registered as insurance agents and/or representatives of a broker/dealer, and can earn commissions for recommending certain products or services. While this creates a conflict of interest, the firm has a fiduciary duty to act in its clients' best interests. 

Nadler Financial Group Background

Nadler Financial Group first opened its doors in 1997 under the name VRN Financial Services. It changed to its current name in 2004. The firm’s principal owner is Michael A. Nadler.

The firm typically doesn’t provide stand-alone financial planning. Instead, it focuses primarily on investment management, but will provide advice on matters not related to investments, like estate planning tax planning, insurance and other topics. 

Nadler Financial Group Investment Strategy

When analyzing securities, the firm relies on a blend of fundamental, technical and cyclical analysis. Fundamental analysis looks to gauge a company or fund’s value by examining overall financial and economic factors alongside its basic information. Technical analysis looks at historical price and volume data as a way to forecast future prices. Cyclical analysis involves looking at the relationship between market cycles and prices to forecast future price movement.

The firm engages in both long- and short-term purchase strategies when giving investment advice or constructing client portfolios. If a long-term purchase is made, this means the firm will look to hold on to the security for longer than a year. On the other hand, a short-term security will likely only stay in the client's portfolio for less than a year.

Roberts, Glore & Co.

Roberts, Glore & Co. is a fee-based firm with a client base made up of individuals, high-net-worth individuals, pension and profit-sharing plans, charitable organizations, other investment advisors and corporations.

The firm generally imposes an account minimum of $500,000. Roberts, Glore & Co. collects advisory fees that are based on a percentage of a client's account size. The firm may also earn fixed fees, as well. One representative of the firm is also licensed insurance agent and can independently earn commissions for recommending certain products to advisory clients. As a result, Roberts, Glore & Co. is a fee-based firm but abides by a fiduciary duty to always act in clients' best interests.  

The advisor team includes one certified financial planner (CFP), two chartered financial analysts (CFAs), one chartered retirement planning counselor (CRPC) and a chartered investment counselor (CIC).

Roberts, Glore & Co. Background

Roberts, Glore & Co. was founded in 1984 by William J. O. Roberts and James D. MacDonald. Shortly after the turn of the century, the two founders transferred ownership of the firm to current principal owners CEO Clemens P. Ciupke and President Jim L. Calaway.

The firm’s primary focus is investment advice and investment management services, but it also provides financial planning. The latter can touch on tax concerns, estate planning, retirement planning, wealth transfer, insurance, educational funding and comprehensive financial goal-setting.

Roberts, Glore & Co. Investment Strategy

Roberts, Glore & Co. is focused on helping clients achieve long-term investing success. Consequently, the firm doesn’t usually engage in trading strategies that involve high turnover of securities or frequent trading.

The firm seeks to invest in securities that are reasonably valued and have the potential for future growth. It primarily uses fundamental analysis to determine if a security fits this criteria. Its advisors tend to examine information like a company’s balance sheet and cash flow statements, as well as the overall financial and economic environment.

Personal Financial Planning, Inc.

Personal Financial Planning (PFP) is a fee-only firm that primarily caters to high-net-worth individuals. But with no required account minimum, PFP also serves some individuals without high net worths and offers services to persion and profit-sharing plans, trusts, estates, charitable organizations and corporations.

Unlike most financial advisory firms, PFP is a retainer-only business that charges clients a fixed fee based on their entire financial situation, which includes their net worth. 

Personal Financial Planning Background

PFP was established by Marc A. Steinman in 1999. Steinman remains the firm’s only owner and advisor. The firm does not have a website, but you can get in touch with it online via email.

The firm provides clients with fee-only investment advice, asset management and consulting services. It also offers financial planning services, like retirement planning, income tax planning, estate planning, college fund planning, cash flow management and more.

Personal Financial Planning Investment Strategy

PFP primarily relies on fundamental analysis to evaluate potential securities for a portfolio. This method examines a company or fund’s basic information and the overall economy to determine a security’s intrinsic value.

The firm typically uses passively managed index funds and exchange-traded funds (ETFs) as core investments for client portfolios. Actively managed mutual funds may also prove to be valuable additions depending on the specifics of the portfolio and client.

Capital Management Consultants, Inc.

Capital Management Consultants is a fee-only firm that opened for business in 1988. It currently works with individuals, high-net-worth individuals and retirement plan, but also offers services to trusts, estates and corporations.

The firm generally requires a minimum initial investment of $100,000. The firm typically calculates investment management fees as a percentage of your AUM.

Capital Management Consultants Background

Capital Management Consultants was founded in 1988. It currently has two principal owners: Marc Davis, president, and Robert Stumpf, treasurer.

The firm offers discretionary investment management and financial planning services. On occasion, the firm may also recommend that you invest a portion of your assets with an independent money manager, either directly or through a wrap-fee program.

Capital Management Consultants Investment Strategy

Capital Management Consultants uses fundamental analysis and technical analysis to analyze securities. It typically invests in mutual funds, stocks, bonds and alternative investments.

The firm recognizes that a buy-and-hold approach is a good path toward long-term success, but it also believes that’s only one piece of the puzzle. The firm prioritizes the appropriate asset allocation for each client’s risk tolerance, investing goals and timeline to retirement. Advisors rely on the active investment strategies of tactical asset allocation and dynamic allocation, as well as strategic asset allocation, which is more passive in nature.

E.A. Horwitz, LLC

E.A. Horwitz is the next firm on our list of the top-rated practices in Deerfield. Its client base is mostly made up of non-high-net-worth individuals, although the firm also works with some high-net-worth clients, pension and profit-sharing plans and charities. 

E.A. Horwitz is a fee-based firm, so some members of its staff can earn commissions for the sale of securities. However, the firm and its advisors are required to abide by their fiduciary duty despite the conflict of interest that commission-based compensation creates.

Fees for asset management services are based on a percentage of your total assets at the firm. These fees will also cover financial planning services.

There is one certified public accountant (CPA) on staff, as well as one advisor with the retirement income certified professional (RICP) and certification for long-term care (CLTC) designations. 

E.A. Horwitz Background

The forerunner of E.A. Horwitz was founded in 1970 by Gerald A. Horwitz. In 2012, ownership transferred to Edward A. Horwitz, and he continues to act as the firm’s manager.

The firm provides comprehensive financial planning for its clients, along with investment advice and portfolio management services. The firm follows a six-step financial planning process that goes as follows:

  • Identifying and prioritizing objectives
  • Gathering information
  • Analyzing information
  • Developing a plan/proposing recommendations
  • Implementing the plan
  • Tracking plan progress

E.A. Horwitz Investment Strategy

E.A. Horwitz may use charting, as well as fundamental and cyclical forms of analysis to evaluate and pick securities. The firm generally approaches its portfolios with a long-term perspective in mind. In the end, though, your personal investment goals, timeline and risk tolerance will dictate how your portfolio is built. The firm typically invests client assets in cash money market funds, equity and bonds. 

Hochman Cole Investment Advisors, Inc.

Hochman Cole Investment Advisors is a fee-based firm and the final practice on our list of top Deerfield advisory firms. Hochman Cole primarily works with high-net-worth individuals and non-high-net-worth clients. It also currently advises one charitable organization.

The firm typically requires $500,000 in investable assets for wealth management services.

As a fee-based firm, some advisors at Hochman Cole are registered representatives of a broker-dealer, meaning they may receive commissions for certain securities transactions. That said, the firm is bound by its fiduciary duty to act in its clients’ best interests at all times. The team includes three certified financial planners (CFPs) and one chartered financial analyst (CFA).

Hochman Cole Investment Advisors Background

Hochman Cole Investment Advisors was established in Deerfield in 2006. Its principal shareholders are president Joel L. Hochman and vice president Philip J. Cole.

Hochman Cole offers services like investment management, financial planning, automated investing and retirement plan consulting. The firm will often combine the first two into what it terms “comprehensive wealth management engagement,” according to its Form ADV. If you’d prefer to attain these services on a stand-alone basis, that can be done as well.

Hochman Cole Investment Advisors Investment Strategy

Hochman Cole typically invests in a diversified mix of stocks, bonds, exchange-traded funds (ETFs), mutual funds, private muoney managers and options when constructing client portfolios. To determine which securities to invest in, the firm applies fundamental analysis, technical analysis and cyclical analysis.

The firm realizes that everyone has a distinct set of needs, so it tailors its investment strategies to each client’s risk tolerance, liquidity needs and time horizon. The firm takes these factors into account and uses them to create a portfolio composition that’s best equipped to produce success over the long term.

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research