Find a Financial Planner in Northbrook, IL

 

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We Only Work With The Best Northbrook 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 Northbrook, IL


  • Financial Advisor Close to Northbrook, 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 Northbrook Help You?

Wealth management is a type of financial planning that incorporates many other financial services. Catering to high-net-worth individuals in the Northbrook area, wealth managers seek to build comprehensive wealth for their clients through a variety of vehicles, including investments, retirement planning, estate planning, asset management, tax planning, and more.
Personal financial planning is a financial advisory service focused on helping individuals navigate the correct path to achieve their financial goals. Personal financial planning can look different from client to client, but in Northbrook, it typically provides counsel on investing, retirement savings, taxes, estate planning, and risk management.
31.0% of Northbrook'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 Northbrook area, this strategy might include income and expense planning, savings strategies, investing advice, and asset and risk management.
The purpose of estate planning is to establish a clear line of inheritance for your assets upon your death. A will is the most ubiquitous element of an estate plan, and is essential for designating your beneficiaries. In the Northbrook area, there are a number of additional components of an estate plan, including complying with estate tax laws.
Business financial planning is the task of mapping out a path to achieving a business's financial goals. These goals are often expanded and reevaluated as the company grows, making financial planning for businesses in the Northbrook area an ongoing effort.
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 Northbrook 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 involves working with an attorney or financial advisor to create a financial planning strategy to protect your assets and heirs in the event of death or divorce. In the Northbrook area, it typically 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 Northbrook area when dealing with high-interest credit card debt and private student loans.

 

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

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

  • Population: 33,343
  • % of Population 62 Years and Over: 31%
  • Average Home Value: $578,400
  • Average Monthly Housing Cost: $2,029
  • Average Household Income: $174,808
  • 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 Northbrook, IL


MAIN STREET INVESTMENT ADVISORS, LLC

Website

(847) 480-7055

707 Skokie Blvd
Suite 600
Northbrook, IL 60062

SEC#: 801-113819
Years in Business: 2 years

SBB RESEARCH GROUP LLC

Website

(847) 656-1111

450 Skokie Blvd.
Building 600
Northbrook, IL 60062

SEC#: 801-79560
Years in Business: 7 years

ARTHUR M. COHEN & ASSOCIATES LLC

Website

(847) 480-2990

1033 Skokie Boulevard
Ste 200
Northbrook, IL 60062

SEC#: 801-35752
Years in Business: 31 years

ASSET MANAGEMENT GROUP LTD

Website

(847) 291-7909

3400 Dundee Rd
Suite 145
Northbrook, IL 60062

SEC#: 801-57283
Years in Business: 21 years

MIRAMAR CAPITAL

Website

(847) 291-7300

666 Dundee Road
Suite 502
Northbrook, IL 60062

SEC#: 801-112078
Years in Business: 3 years

SHERIDAN ROAD

Website

(847) 205-9073

707 Skokie Blvd
Suite 400
Northbrook, IL 60062

SEC#: 801-113426
Years in Business: 2 years

MENDEL MONEY MANAGEMENT INC

Website

(847) 564-0970

1200 Shermer rd Ste 312

Northbrook, IL 60062

SEC#: 801-34323
Years in Business: 32 years

ESTATE & TRUST ADVISORS

Website

(847) 441-4600

707 Skokie Blvd
Suite 300
Northbrook, IL 60062

SEC#: 801-67028
Years in Business: 14 years

OAK WEALTH ADVISORS LLC

Website

(847) 945-8888

836 Skokie Blvd.

Northbrook, IL 60062

SEC#: 801-110588
Years in Business: 4 years

RELATIVE VALUE PARTNERS, LLC

Website

(847) 513-6300

1033 Skokie Boulevard
Suite 470
Northbrook, IL 60062

SEC#: 801-106503
Years in Business: 5 years