Find the right advisors to meet your financial planning needs in Illinois

Financial advisors also known as financial planners are professionals who advise their clients on matters such as personal finance, wealth management, retirement, estate planning, tax planning and much more. They hold expertise in various fields and can assist you whether you’re looking to set up an investment account, a college plan, retirement savings plan or simply have a query about life insurance.

A financial planner can help you navigate your finances to secure your financial future. With his help, you can clear all your doubts, take a call on your present investments that you may have, and design future financial strategies keeping in mind your risk appetite.

To make your job easier, we have compiled a list of top vetted financial planners in Illinois that can fulfill your requirements.

List of Qualified
Financial Planners in Illinois

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Chad Coe

Coe Financial Group

1121 Lake Cook Road Suite P

Deerfield, IL 60015

847-282-3170

Connect with Chad
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Daniel Fisher

Fisher Financial Group LLC

707 Skokie Blvd., Suite 600

Northbrook, IL 60062

847-205-9300

Connect with Daniel
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Michael Stewart

Crystal Lake Tax & Financial Inc

451 Coventry Lane
Suite 102

Crystal Lake, IL 60014

815-526-3092

Connect with Michael
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Michael Walschot

American Capital Management, Inc.

608 S Washington St
Suite 304

Naperville, IL 60540

630-778-6169

Connect with Michael
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Timothy Creath

Creath Financial Services

903 Sienna Drive

Schaumburg, IL 60193

224-353-3328

Connect with Timothy
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Todd Hasty

Nash - Hasty Investment Services, Inc.

1605 W Candletree Dr
Ste 108

Peoria, IL 61614

309-589-0180

Connect with Todd
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Mark S. La Spisa

Vermillion Financial Advisors

16 Executive Court,Suite 3

Barrington, IL 60010

847-382-9999

Connect with Mark
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Kyle Nolan

Edelman Financial Engines, LLC

1515 W. 22nd Street Suite 850W

Oak Brook, IL 60523

630-756-5260

Connect with Kyle
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Paul Raab

Edelman Financial Engines, LLC

3100 Sanders Road
Suite 125

Northbrook, IL 60062

224-521-5230

Connect with Paul
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Personal Capital

Personal Capital Advisors Corporation

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Chicago, IL 60601

650-556-1310

Connect with Personal
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Jim Hagedorn

Chicago Partners

1 N. Wacker Dr.

Chicago, IL 60606

312-375-3282

Connect with Jim

Frequently Asked Questions

Why do I need a Financial Planner?

A financial planner helps match your current financial needs with your long-term financial goals. This involves evaluating your financial situation, understanding what you want to do with your money and creating a plan to get you there. Financial planners can help lower your spending, pay off debt, save for retirement and invest for the future.

How to choose a good Financial Planner?

While interviewing potential financial planners, look for someone with expertise in tax planning, social security, insurance, retirement, estate planning, education planning, and investment strategies. They need to be able to formulate a strategy for you that enables you to take money out in a tax-efficient manner. Plus, they also need to advise you on setting up investment accounts and invest funds for you to grow your finances in a secure manner.

What does a Financial Planner do?

A financial planner helps come up with a financial plan keeping in mind your short-term and long-term financial goals and advises you on investments, retirement planning, estate planning, tax liability, and your kids’ college education. Some financial advisors also assist you in buying insurance products and invest in financial products such as mutual funds.

How much does a Financial Planner cost?

Different financial planners charge differently. Some charge on an hourly basis, a quarterly or annual retainer fee, a percentage of assets that they manage for you, in the form of Commissions, or have a fixed fee for certain services. Do ask your prospective financial planner how they wish to be compensated.

What questions to ask a Financial Planner?

When you are looking to hire a financial planner, make sure you’re prepared and have done your homework. Some questions that you can ask are as follows:

- Do you have experience working with clients like me? Clients may include retirees, widows, divorcees, same-sex couples, and so on

- How much do you charge? Do you charge a fee or a commission based on assets handled?

- What services do you offer? Are they limited to financial planning or do you offer other services such as tax advisory, education planning, portfolio management as well? - How often would we meet to discuss my financial concerns?

- How often will you contact me and are there any limitations on the frequency of contact? What method will you use to contact me?