Wealth Management Group

Wealth Management Firm in Peoria, IL

Firm Info
Address: 4530 N University St, Peoria, IL 61614, USA
Phone: (309) 687-6015

Firm Size
Assets Under Management: $122.3 million
# of Advisors: 2
# of Clients: 578
Client to Advisor Ratio: 289:1
Average Account Size: $211,628
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Pension Consulting Services
  • Selection of Others Advisors
  • Educational Seminars & Workshops

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans
  • Charitable Organizations
  • State & Municipal Govt Entities
  • Insurance Companies
  • Corporations or Other Businesses Not Listed Above

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)

Get Connected with a Financial Advisor

* required fields

Wealth Management Group Overview

WEALTH MANAGEMENT GROUP is a reputable investment advisory firm that primarily provides investment advice to its clients. The firm operates on a fee-only basis, which means that clients only pay a fee for advisory services. This arrangement ensures that the firm is unbiased and provides objective recommendations that are in the clients' best interest. The headquarters of the firm is based in Rochester, NY, and since its inception in 2019, the firm has gained considerable expertise in investment advisory services. One of the core services offered by WEALTH MANAGEMENT GROUP is financial planning. This service helps individuals and small businesses to develop a robust financial plan that aligns with their short-term and long-term goals. The firm's financial advisors work closely with clients to assess their financial situation, identify financial gaps, and create a plan that is tailored to meet their unique needs. Portfolio management is another service offered by WEALTH MANAGEMENT GROUP. This service is designed to help clients build strong investment portfolios by providing customized investment strategies that align with clients' tolerance for risk and return objectives. The firm has a team of experienced portfolio managers who can manage clients' investment portfolios effectively. The firm offers pension consulting services to clients who require advice on their pension plans. WEALTH MANAGEMENT GROUP can help clients to assess their pension plans, identify areas for improvement, and create customized solutions that align with clients' unique needs and objectives. WEALTH MANAGEMENT GROUP offers educational seminars and workshops on a wide range of financial topics. These seminars and workshops are designed to help clients increase their financial literacy, gain a better understanding of their financial situation, and make informed investment decisions. The firm's team of financial advisors can also provide one-on-one consultations to clients who require personalized financial advice.

WEALTH MANAGEMENT GROUP is a wealth management firm that caters to a diverse range of clients across various sectors. The firm’s client base includes individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, state or municipal government entities, insurance companies, and other corporation types not listed. Each client is provided with personalized services that cater to their specific financial goals and needs. WEALTH MANAGEMENT GROUP offers a range of fee structures depending on the services provided. These fee structures include percentage of assets under management (AUM), hourly fees, and fixed fees. The percentage of AUM fee structure is based on a percentage of the total value of the assets being managed on behalf of the client. Hourly fees are charged for services that require a set number of hours, such as financial planning or investment research. Fixed fees are a set amount charged for a specific service, such as estate planning or tax preparation. WEALTH MANAGEMENT GROUP ensures transparent communication with clients about all fees and charges associated with their services.

Typical Clients, Fee Structures & Investment Minimum

The investment minimum for Wealth Management Group (WMG) is generally $250,000. This is noted in their Part 2 Brochure, which states that this minimum is necessary to effectively implement their investment process. However, the note also mentions that this minimum may be reduced at the sole discretion of the Advisor.

How This Office Can Help Peoria, IL Residents

At Wealth Management Group in Peoria, IL, we provide a variety of services to assist clients in managing their finances. Many of our clients face unique financial situations, such as planning for retirement, managing inheritance, or navigating a complex tax system. Our team of experts is well-equipped to handle these unique challenges and provide personalized solutions to meet each client's specific needs. One of the primary services we offer is financial planning. This process involves analyzing a client's financial situation, including income, expenses, and assets, and creating a comprehensive plan to achieve their specific financial goals. We also provide investment management services, helping clients make informed decisions about their portfolio and minimizing risk. Additionally, our team offers tax planning and preparation, estate planning, and insurance planning to ensure our clients are fully protected in any circumstance. With our expertise, clients can trust that their financial situation is in good hands.

To view the Minimum Investment and Fee Schedule for Wealth Management Group, visit their Part 2 Brochure.

Services Offered by Wealth Management Group

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Wealth Management Group most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Hourly
Fixed Fees (Other than subscription)
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 4530 N University St, Peoria, IL 61614, USA
Phone (309) 687-6015
Directions
Google My Business Reviews:
4 Stars  |  1 Reviews

Other Office Locations

Firm Headquarters
Firm headquarters location 2000 WINTON RD. SO., BUILDING 4A SUITE 206, ROCHESTER, NY 14618-3970, United States

This firm has no other locations.

State Registrations

Wealth Management Group is registered to service clients in the following states:

  • Florida
  • New York
  • Texas

Disciplinary History

Wealth Management Group does not have any disclosures. Please visit it's Form ADV for more details.