Find a Financial Planner in Lake Forest, IL

 

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We Only Work With The Best Lake Forest Financial Advisors


We Exclusively Work With Select Partner Firms Who Meet The Highest Standard of Excellence and Trust.

3rd Party Rankings

Our partners have been recognized by some of the best media publication sources like Financial Times, Investor.com, Forbes, and Barron’s

Conflict Free

Our partners will also never sell proprietary investment products

Experience

All leads will be connected with a firm who has been in business for 20+ years

Education & Designations

All leads will be given to a certified CFP with designation from FINRA

Trustworthiness

All of our partners are credible — No conflicts of interest and no disciplinary history

 

Our Process for Choosing
An Independent Financial Advisor in Lake Forest, IL


  • Financial Advisor Close to Lake Forest, IL

  • All Advisors Must Meet Fiduciary Standard

  • “Fee-Only” Compensation To Ensure Conflict-Free Advice

  • Exemplary Disciplinary History

  • Required Education and Designations

  • Expertise with Client’s Specific Needs

 

How Can a CFP® in Lake Forest Help You?

Wealth management is a type of financial planning that focuses on asset protection and risk management for high-net-worth individuals and organizations. It provides those in the Lake Forest area with advisory and management services on the full spectrum of a client’s finances, including financial and investment advice, legal and estate planning, accounting, tax services, business financial planning, debt management, and retirement planning.
Personal financial planners in Lake Forest offer services that focuses primarily on helping clients establish, organize, and maintain their personal finances. This can take the form of managing their retirement accounts, investments, taxes, and other financial assets.
27.4% of Lake Forest's population is of retirement age (62 years and older). For those individuals, the goal of retirement planning is to create a source of income for one’s retirement years. It starts with determining an individual’s retirement goals and then lays out a financial strategy to accomplish them. In the Lake Forest area, this strategy might include income and expense planning, savings strategies, investing advice, and asset and risk management.
Estate planning is defined as the establishment of a legally compliant and comprehensive plan of action for the distribution of your asset base upon your death. In the Lake Forest area, estate planning may also consist of legal documentation regarding who is allowed to make medical decisions on your behalf, should you become incapacitated, as well as funeral arrangements.
Business financial planning sets out the financial path a company takes to achieve its goals over a stated timeline. Business financial planning can be very granular, addressing specific projections for business expansion, equipment needs, staffing, resources, cash flow, and financing options in the Lake Forest area.
The goal of tax planning is to minimize an individual’s or organization’s tax liabilities, while maximizing their overall long-term financial situation. In the Lake Forest area, tax planning is often included with other services like asset management, estate planning, and retirement planning. Tax planning strategies will differ depending on depending on where you live. Illinois has unique laws defining which actions trigger a taxable event and has the 9th highest total tax burden in the U.S., including income, property, and sales tax.
Transition planning for divorce or loss of a spouse is a service offered by many financial advisors, planners, and other professionals in the Lake Forest area. Typically, it includes updating wills and trusts, evaluating life insurances, long-term care arrangements, and creating inventories of bills, financial accounts, and other interests.
Debt consolidation and management typically involves rolling several loans into a single loan with better financing terms, such as a lower monthly payment or interest rate. Debt consolidation is a popular strategy for advisors in the Lake Forest area when dealing with high-interest credit card debt and private student loans.

 

The Value of Working With the Best Financial Planners in Lake Forest, IL


A good financial planner can increase your returns by as much as 3% annually.

Vanguard

$2,010,221.91
Without Advisor

$4,643,687.46
With Advisor

Assuming $350k initial investment at 6% annual growth vs 9% annual growth for 30 years.

Find a Fee-Only Financial Planner Near Lake Forest, IL

We evaluated over 13,000 RIA firms to bring you the best of the best Lake Forest financial advisors.
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How Retirement-Friendly is Lake Forest, IL?

  • Population: 19,173
  • % of Population 62 Years and Over: 27.4%
  • Average Home Value: $886,500
  • Average Monthly Housing Cost: $2,937
  • Average Household Income: $269,555
  • 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.)


The Top Financial Advisor Firms in Lake Forest, IL


ALLEY COMPANY, LLC

Website

(847) 482-0938

585 Bank Lane
Suite 2400
Lake Forest, IL 60045

SEC#: 801-60264
Years in Business: 20 years

NORTH SHORE PRIVATE ASSET MANAGEMENT, LLC

Website

(888) 375-4918

222 E. Wisconsin Ave
Suite 102
Lake Forest, IL 60045

SEC#: 801-92175
Years in Business: 6 years

RANGER INTERNATIONAL MANAGEMENT, L.P.

Website

(214) 871-5200

263 Market Square
Suite B
Lake Forest, IL 60045

SEC#: 801-71679
Years in Business: 10 years

GEM FINANCIAL ADVISORS, INC.

Website

(847) 680-3082

810 S. Waukegan Road
Suite 200
Lake Forest, IL 60045

SEC#: 801-70834
Years in Business: 11 years

CRESCENT GROVE ADVISORS

Website

(847) 752-0292

100 North Field Drive
Suite 215
Lake Forest, IL 60045

SEC#: 801-79577
Years in Business: 7 years

ROUNDTABLE HEALTHCARE MANAGEMENT, INC

Website

(847) 739-3200

272 East Deerpath Road, Suite 350

Lake Forest, IL 60045

SEC#: 801-73397
Years in Business: 9 years

TSFG, LLC

Website

(847) 735-7100

1052 N Western Avenue

Lake Forest, IL 60045

SEC#: 801-99339
Years in Business: 5 years

QUANTUM PRIVATE WEALTH, LLC

Website

(847) 474-1400

249 Market Square Ct

Lake Forest, IL 60045

SEC#: 801-118195
Years in Business: 1 years

PARALLEL49 EQUITY

Website

(847) 295-4410

225 East Deerpath Road, Suite 200

Lake Forest, IL 60045

SEC#: 801-74029
Years in Business: 9 years

Z CAPITAL GROUP, L.L.C.

Website

(847) 235-8100

Two Conway Park
150 Field Dr. Suite 300
Lake Forest, IL 60045

SEC#: 801-73820
Years in Business: 9 years