Buffalo Grove, IL Financial Advisors and Resources

Financial Advisor Firms in Buffalo Grove, IL



(847) 520-5545

1110 W.Lake Cook Rd
Suite #265
Buffalo Grove, IL 60089

SEC#: 801-63806
Years in Business: 16 years



(847) 229-9191

1110 W. Lake Cook Road
Suite 265
Buffalo Grove, IL 60089

SEC#: 801-79263
Years in Business: 7 years



(888) 245-2388

1130 W Lake Cook Road
Suite 150
Buffalo Grove, IL 60089

SEC#: 801-96223
Years in Business: 6 years

How Retirement-Friendly is Buffalo Grove, IL?

  • Population: 41,062
  • % of Population 62 Years and Over: 18.8%
  • Average Home Value: $346,600
  • Average Monthly Housing Cost: $1,810
  • Average Household Income: $140,449
  • Illinois Total Tax Burden: 9.52% (9th Highest in U.S.)
  • Illinois Property Tax: 4.00% (8th Highest in U.S.)
  • Illinois Individual Income Tax: 2.11% (19th Lowest in U.S.)
  • Illinois Sales and Excise Tax: 3.41% (24th Highest in U.S.)

Buffalo Grove, IL Financial Advisor FAQs

Financial advisors are typically paid through commissions of product sales, fees for ongoing advisory services, or a combination of the two. Understandably, some financial advisors charge more than others do for consultative or ongoing advisory services. Some financial advisors charge hourly rates to provide ongoing advice and guidance. Others use annual retainers instead of charging per hour, which can be particularly helpful for people on fixed incomes who don't require regular consultation with their advisor.
Any business who sells financial product, such as a mutual fund or insurance, has to have a registered representative on staff. In this case they can refer you to one of their advisers and then you can get in touch with that person directly.
Any financial advisor should always be working in your best interests, should not market themselves as conservative but rather someone looking to mitigate risks, should disclose any potential conflicts of interest, should put you on a sustainable path for retirement income (factoring in inflation), and lastly demonstrate appropriate investments.
It depends on the type of planning you would like to do and how much money you have.