Finding a Top Financial Advisor Firm in Naperville, Illinois
Choosing a financial advisor isn't always easy, especially if there are a lot of advisor firms in your area. We’ve streamlined the process by narrowing down the top options in Naperville and reviewing company records and SEC filings to learn more about each firm. Want a recommendation that's tailored to your specific needs? SmartAsset’s financial advisor matching tool can pair you with local financial advisors based on your answers to a short questionnaire.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Calamos Wealth Management Find an Advisor||$1,478,660,371||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|2||Lantz Financial, LLC Find an Advisor||$431,989,600||None|| || |
|3||DHJJ Financial Advisors, Inc. Find an Advisor||$281,897,738||None|| || |
|4||Rezny Wealth Management, LLC Find an Advisor||$158,615,724||$500,000|| || |
|5||Sebold Capital Management Find an Advisor||$147,445,445||None|| || |
|6||Left Brain Wealth Management, Inc. Find an Advisor||$121,159,076||None|| || |
|7||South Georgia Capital, LLC Find an Advisor||$119,996,115||None|| || |
|8||Core Capital Solutions Find an Advisor||$115,106,474||None|| || |
|9||Fiduciary Financial Partners, Inc. Find an Advisor||$97,417,124||None|| || |
How We Found the Top Financial Advisor Firms in Naperville, Illinois
We narrowed the pool of potential financial advisors by eliminating any firm that isn’t registered with the SEC in Naperville. This is because SEC-registered companies have a fiduciary duty to act in their clients’ best interests. To further condense our list, we only considered firms free of disclosures; we also made sure that firms both manage individual accounts and offer financial planning services. The final list is ordered by assets under management (AUM), which indicates the amount of money the firm is managing for clients.
Calamos Wealth Management, LLC
Calamos Wealth Management, LLC is a wealth advisory firm established in 2007. Over the years, its client base has grown to more than 1,900 clients with almost $1.5 billion in assets under management (AUM). The overwhelming majority of this fee-based firm’s clients are high-net-worth individuals, but it also works with non-high-net-worth individuals, pension plans, charitable organizations and businesses. The firm is headquartered in Naperville, but you can find secondary offices in New York City and Coral Gables, Florida.
The firm provides investment management services through two separate programs: the Wealth Advisory Program and the Calamos Managed Mutual Fund Program. The former is a standard investment management service and has a $1 million account minimum. On the other hand, the latter involves investing your assets in a mix of Calamos open-end mutual funds. The firm also provides limited financial planning and consulting services. From time to time, the firm may assign external managers to supervise portions of clients’ portfolios.
Calamos Wealth Management Background
Calamos Wealth Management was established in 2007 by John Calamos, Sr. It is wholly owned by Calamos Investments, LLC, which itself is owned by Calamos Asset Management, Inc., Calamos Partners, LLC and John Calamos, Sr.
The firm has 22 total advisors, with eight of them working out of its Naperville office. Among these eight are three certified financial planners (CFPs), two certified investment management analysts (CIMAs) and one chartered financial analyst (CFA).
For investment management services, the firm will typically charge between 0.75% and 1.25% of your managed assets. If you’re participating in the managed mutual fund program, the percentage will vary between 0.20% and 0.50%. Where the exact percentage falls within that range will depend on the market value of your assets. The firm generally doesn’t charge extra fees for financial planning services.
Calamos Wealth Management Investment Philosophy
Calamos Wealth Management starts each investment process by sitting down with the client and establishing some key information like current assets, investing goals, tax situation and risk tolerance, among other things. From there, the firm will determine what combination of asset classes would be most appropriate.
The firm constructs client portfolios using investments like individual equities, individual fixed-income securities, Calamos mutual funds, non-Calamos mutual funds, exchange-traded funds (ETFs), limited partnerships, external investment managers and other securities it believes are appropriate.
Lantz Financial, LLC
Lantz Financial is a three-advisor firm that has been doing business since 2018, making it one of the youngest firms on this list. The firm currently has just under $432 million in assets under management (AUM) from its roughly 425 clients. Its client base is a mix of individuals and high-net-worth individuals. The firm doesn’t have an account minimum.
This fee-based firm offers portfolio management, along with limited financial planning and consulting for retirement plans. The financial planning services can cover, among other topics, education funding, retirement planning, estate planning, risk management, employee benefits planning and tax planning.
Lantz Financial Background
Lantz Financial first opened its doors in 2018. The firm’s principal owner is its founder and chief compliance officer (CCO), Michael J. Lantz. The firm has three advisors: Lantz, Daniel B. Rohlfing and Derek Raridon. Of these three, Lantz and Rohlfing are both certified financial planners (CFPs).
For investment management services, Lantz charges a negotiable percentage of your assets under management (AUM) that won’t exceed 1.25%. Financial planning fees will be charged either as a fixed fee or as an hourly rate. This will also be negotiable and can vary based on the nature and complexity of your financial situation.
Lantz Financial Investment Philosophy
When analyzing securities, the firm relies on a blend of fundamental and cyclical analysis. Fundamental analysis is the practice of examining overall financial and economic factors alongside a company or fund’s basic information in order to gauge its value. Cyclical analysis involves analyzing the relationship between market cycles and prices to forecast future price movement. The firm subscribes to modern portfolio theory, which seeks to maximize return for a given amount of risk.
The firm engages in long- and short-term purchase strategies when giving investment advice or building portfolios. This means the firm will vary how long it intends to hold onto specific securities within your portfolio.
DHJJ Financial Advisors, Inc.
DHJJ Financial Advisors, Inc. is a five-advisor, fee-based firm that serves 330 clients and manages roughly $282 million in assets. Founded in 1988, the firm works with individuals, high-net-worth individuals, pension plans and corporations.
The firm provides clients with investment advice, asset management services, financial planning and consulting services. The firm does not act as a custodian of any client assets, and the client will make any final investment decisions after the firm gives recommendations. The firm may be authorized to make trades for clients under a limited power of attorney.
DHJJ Financial Advisors Background
DHJJ Financial Advisors was established in 1988. The firm has no principal shareholders, meaning no one person owns more than 25% of the firm. DHJJ has five advisors on its staff. All five are certified public accountants (CPAs), while four are certified financial planners (CFPs).
For portfolio management services, the firm charges a percentage of your assets that can range from 0.50% to 1.75%. Financial planning fees are typically charged as an hourly fee between $160 and $375.
DHJJ Financial Advisors Investment Philosophy
DHJJ Financial Advisors uses fundamental analysis and cyclical analysis in order to analyze potential securities. Fundamental analysis involves examining a company or fund’s basic information as well as the overall economy to determine a security’s intrinsic value. Cyclical analysis is the studying of securities within the context of market and business cycles.
The firm also prioritizes asset allocation over individual security selection during portfolio construction. To determine the proper asset allocation, advisors will consider the client’s risk tolerance, investment goals, cash flow needs, time horizon and other unique factors.
Rezny Wealth Management, LLC
Rezny Wealth Management, LLC has grown to manage roughly $158 million in assets over more than 25 years in business. The firm’s client base is made up of mostly individuals below the high-net-worth threshold, but it works with some high-net-worth individuals as well. The firm imposes a minimum account size of $500,000 for investment advisory services.
The firm provides fee-only investment management services, financial planning services and consulting services to its clients. For investment management, the firm will put together your portfolio with a combination of mutual funds and exchange-traded funds (ETFs).
Rezny Wealth Management Background
Rezny Wealth Management was first established in 1992 by Brian Charles Rezny. Rezny is also the firm’s sole owner and serves as the president and chief compliance officer (CCO). Rezny is one of the firm’s two advisors, and he is a certified financial planner (CFP).
Fees for investment advisory services are typically 1.50% of your assets under management (AUM), although the firm may negotiate a different fee. Fees will be paid in advance every quarter and are based on the market value of your assets at the end of the previous quarter.
Rezny Wealth Management Investment Philosophy
Rezny Wealth Management typically invests in a diversified mix of ETFs, mutual funds, stocks, bonds, real estate, commodities and alternative investments when constructing client portfolios. To determine which securities to invest in, the firm looks to fundamental analysis, technical analysis and cyclical analysis, which are various ways that an advisor can gauge the true value of a security in the context of a market.
The firm realizes that no two clients will have the same financial situation, so it tailors its investment strategy to each client’s risk tolerance, liquidity needs and time horizon. The firm takes these factors into account and uses them to create an asset allocation and investment strategy that’s best equipped to produce success over the long term.
Sebold Capital Management
Sebold Capital Management is a one-person firm that’s been doing business since 1998. It is a fee-only firm that offers advisory services to roughly 125 clients. These clients include individuals, high-net-worth individuals, pension plans and charitable organizations.
The firm provides a range of services including investment advisory, financial planning, consulting for retirement plans and business succession planning.
Sebold Capital Management Background
Sebold Capital Management was founded in 1998 by Sean Sebold. Sebold is the firm’s sole owner, and he also serves as the president and only advisor. He is a certified financial planner (CFP), a chartered financial analyst (CFA) and former president of the Financial Planning Association of Illinois.
Fees for investment management services tend to fall between 0.40% and 1.00% of your assets under management (AUM). For financial planning services, the firm charges an initial $2,000 fee, then an annual fee of between 0.55% and 1.25% of your AUM. The firm doesn’t specify an account minimum, but it does impose a minimum annual fee of $3,125, which could be cost-prohibitive for clients with a lower net worth.
Sebold Capital Management Investment Philosophy
Sebold Capital Management is focused on achieving long-term investing success for its clients. The firm uses strategic asset allocations to optimize the chances for this success, providing each client with a globally diversified portfolio that’s tailored to their risk tolerance, cash flow needs and timeline until retirement.
The firm’s aim is to invest in securities that are reasonably valued and have the potential for future growth. The firm primarily uses fundamental analysis to determine if a security fits this description. It will examine things like a company’s balance sheet, return on equity and historical financial performance, as well as the overall financial and economic environment.
Left Brain Wealth Management, Inc.
Left Brain Wealth Management employs five financial advisors and has been in business since 2014. It has just over $121 million in assets under management (AUM) and serves almost 200 clients. The majority of the firm’s clients are individuals, but it also works with some high-net-worth individuals as well.
Left Brain is a fee-based firm. Some of its advisors are representatives of a broker-dealer, and some are licensed to sell insurance products such as life insurance or annuities. This means these advisors could potentially earn commissions on top of the advisory fees your pay. Despite this potential conflict of interest, the firm is bound by fiduciary duty to always act in the best interest of its clients.
Left Brain provides discretionary asset management services, financial planning services, consulting services for 401(k) plans and fund portfolio management. The firm doesn’t have a minimum account size.
Left Brain Wealth Management Background
Left Brain Wealth Management formed in Naperville in 2014, and its principal owner is Noland Langford, who also serves as the firm’s president and CEO. Of the firm’s five advisors, two are certified financial planners (CFPs).
Financial planning fees at the firm can come in the form of a $300 hourly fee or a fixed, negotiable fee for more complex services. For investment management services, the firm usually charges a percentage of your assets between 1.00% and 2.00%.
Left Brain Wealth Management Investment Philosophy
Left Brain typically invests in a diversified mix of stocks, bonds, exchange traded funds (ETFs), mutual funds and options. To determine which securities to invest in, the firm looks to quantitative methods for optimizing client portfolios, computer-based risk/return analysis and technical analysis, among other methods.
Because every client has their own distinct set of needs and goals, the firm will create a separate investment strategy based on each client’s risk tolerance, liquidity requirements and overall time horizon. The firm takes these factors into account and uses them to create an asset allocation and investment strategy that’s best equipped to produce success over the long term.
South Georgia Capital, LLC
South Georgia Capital, LLC has been an investment advisor in Illinois since 2008. Its roughly 180 clients include individuals, high-net-worth individuals, pooled investment vehicles, pension plans and charitable organizations. The fee-based firm has just shy of $120 million in assets under management (AUM).
South Georgia provides investment management and financial planning services to its clients. Its investment management services are often discretionary, and financial planning services are designed to produce an estimated future view of wealth accumulation. The firm doesn’t have an account minimum for individual clients.
South Georgia Capital Background
South Georgia Capital was formed in 2008, and it’s owned and controlled by Michael McAlister. Bruce Arthur and Peter Klisiewicz also serve as managing partners. In addition to its Naperville branch, the firm has another office in Scottsdale, Arizona.
South Georgia charges its individual clients advisory fees either as a fixed, negotiable fee or as a negotiable percentage of their AUM. Fixed fees will be between $1,500 and $20,000 per year.
South Georgia Capital Investment Philosophy
South Georgia primarily employs fundamental analysis when it comes to evaluating securities, although it may use charting, technical and cyclical analysis when it deems such methods appropriate. Fundamental analysis is the attempt to discern a company’s intrinsic economic value rather than focusing only on the movement of its stock price.
The firm recognizes that success over the long term is what really matters, and it approaches each portfolio with that perspective. In the end, though, each client’s personal goals, timeline and risk tolerance will take precedence.
Core Capital Solutions
Core Capital Solutions has been providing investment advice to clients in the Naperville area since 2005. Its client base is relatively small compared to many of the other firms on this list, at just 55 clients - all of them either individuals, high-net-worth individuals or pension plans. Core Capital Solutions is a fee-only firm, which means there are no potential conflicts of interest stemming from commission-based transactions.
The firm provides limited financial planning services to its clients, along with discretionary investment advice and investment management services. The firm also provides consulting services to qualified retirement plans. The firm doesn’t have a minimum account size, but it does impose a minimum annual fee of $4,000.
Core Capital Solutions Background
Core Capital Solutions was founded in 2005 by David M. Fluett. Fluett is the sole owner of the firm and one of two advisors. Both Fluett and financial advisor James Sullivan are certified public accountants (CPAs), and Fluett is also an accredited investment fiduciary (AIF).
Fees for asset management services will be based on a percentage of your assets under management (AUM) that can vary from 0.25% to 1.00% depending on the market value of your money. These fees will also cover financial planning services. While the firm doesn’t impose a minimum account size, it does impose a minimum annual fee of $4,000.
Core Capital Solutions Investment Philosophy
Core Capital Solutions prioritizes a strategic asset allocation for each client, making sure that each portfolio contains a diverse array of asset classes and a wide range of securities within each asset class.
The firm creates and maintains several model portfolios with varying levels of risk. Depending on a client’s tolerance for risk, time until retirement, cash flow needs and other factors, the firm will create a personalized asset allocation that makes the most sense.
Fiduciary Financial Partners, Inc.
Fiduciary Financial Partners, Inc. is a fee-based firm that opened for business back in 2011. It currently works with individuals, high-net-worth individuals and pension plans. The firm has roughly $97 million in assets under management (AUM).
Some of the advisors at Fiduciary Financial Partners are registered representatives of a broker-dealer, and some are licensed to sell insurance products such as life insurance or annuities. This means these advisors could potentially earn commissions on top of the advisory fees your pay. Despite this potential conflict of interest, the firm is bound by fiduciary duty to always act in the best interest of its clients.
The firm offers portfolio management services, as well as financial planning and consulting services to its individual clients. Additionally, consulting services are available for qualified retirement plans. The firm doesn’t have a minimum account size, but it does charge a minimum annual fee of $7,500. Note that this stipulation could make the firm’s services cost prohibitive for some clients.
Fiduciary Financial Partners Background
Fiduciary Financial Partners was founded in 2011 by Nicholas Economos and John Hillman. It is wholly owned by NE Financial Services, Inc., a holding company. The firm has four advisors on its team, and among them are two certified financial planners (CFPs), one chartered financial consultant (ChFC) and one chartered retirement plan specialist (CRPS).
The firm typically calculates portfolio management fees as a percentage of AUM, with the rate ranging from 0.25% to 1.00% depending on the value of your assets. Financial planning fees are charged as a negotiable flat fee, and they won’t exceed $1,200 if services can be fully rendered within six months.
Fiduciary Financial Partners Investment Philosophy
Fiduciary Financial Partners uses fundamental analysis and cyclical analysis to analyze potential securities. It typically invests in exchange traded funds (ETFs), mutual funds and individual stocks and bonds.
The firm tailors its investment strategy to each client, keeping in mind that investing goals and risk tolerance can vary significantly from client to client. The firm will sit down with each client, many times more than once, to establish goals and any other key factors. From there, it will formulate an investment strategy and asset allocation most appropriate for that client.