La Grange, IL Financial Advisors and Resources



Financial Advisor Firms in La Grange, IL


HORIZON WEALTH MANAGEMENT

Website

(708) 352-4300

22 Calendar Court
2nd Floor
La Grange, IL 60525

SEC#: 801-79492
Years in Business: 7 years

LAKEWOOD ASSET MANAGEMENT, LLC

Website

(708) 579-1585

72 S. La Grange Rd. Suite 7

La Grange, IL 60525

SEC#: 801-113632
Years in Business: 3 years


How Retirement-Friendly is La Grange, IL?

  • Population: 15,545
  • % of Population 62 Years and Over: 19.7%
  • Average Home Value: $568,900
  • Average Monthly Housing Cost: $1,970
  • Average Household Income: $167,550
  • 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.)


La Grange, IL Financial Advisor FAQs

An advisor will be able to provide you with insight and guidance regarding your specific investments and financial planning needs. Moreover, an advisor has a duty under federal law (and fiduciary duty) to only recommend investments that meet these requirements.
The first thing to do is figure out your current situation. There are two basic types of advisors: fee-only and commission-based. Fee-only advisors charge the client an hourly or project price for their time working with the client. Commission-based advisors, on the other hand, will be paid through a percentage of a sale or a percentage of assets under management.
Financial advisors are usually paid by an annual fee, with some commissions on the sale of certain investments.
Some things that a financial advisor does might include putting together an annual financial plan based on your income and spending habits, giving you personalized recommendations for which type of investments best suit your needs, and adjusting these choices as needed over time.