Top Financial Advisors in Barrington, IL

Find an Advisor

Sequoia Wealth Management (SWM) is a fee-based firm whose minimum account size varies based on the service that's provided. Most of the firm's clients do not have a high net worth, although some do. Account minimums generally range from $15,000 to $250,000, depending on what services are provided.

The firm charges its clients asset management fees that are based on how much money they have under the firm's management. SWM also charges an hourly or flat fee for financial planning and consulting services. These fees can reach $500 an hour or up to $25,000 on a fixed basis. 

The firm offers asset management, which may include the advisory services of a third-party money manager. Asset management may also be part of advisory programs sponsored by LPL Financial that may be on wrap fee basis. Additionally, Sequoia Wealth provides financial planning and consulting, including retirement plan consulting. 

Through LPL Financial, clients have access to several different investment solutions, including model portfolios, customized portfolios and robo-advisors. Advisors will help clients choose the appropriate investment solution based on their goals, risk tolerance and financial situation. Generally speaking, the practice applies charting, fundamental analysis, technical analysis and cyclical analysis when evaluating securities. It may engage in long-term purchases, short-term purchases, trading, short sales, margin transactions and option writing.

Find an Advisor

Carter Financial Group works almost exclusively with individual clients. Of these individuals, the majority do not have a high net worth. However, it still works with a solid handful of high-net-worth individuals. Institutional clients at the firm include a small number of charitable organizations. Carter provides its clients with both investment management services and financial planning services. Most of the firm's assets are managed on a discretionary basis.

Carter Financial Group works like many other investment management and financial advisory firms out there in that it looks to tailor its advisory services and investment strategies to the individual needs of clients. It does so by meeting with clients to learn their tolerance for risk, overall financial situation, liquidity needs and other important factors.

Advisors may invest client assets in a variety of ways. They may use model portfolios or a variety of different investment securities. It may also use a variety of different methods of analysis, depending on what is appropriate for the client's account.

Find an Advisor

Virtue Asset Management, a fee-only practice, requires a minimum account size of $1 million. As a result, most of its clients are high-net-worth individuals. However, the firm does work with individuals without a high net work, as well as retirement plans, corporations and businesses. 

Virtue can provide clients with discretionary asset management and financial planning services. The latter offering may include retirement planning, philathropic giving, estate planning, wealth transition, business succession planning and the recommendation of third-party managers. 

Before building a client's portfolio and investing their money, Virtue Asset Management examines each client's current investments, identifies their investment objectives, goals, age, time horizon, financial circumstances, investment experience and other relevant factors. From there, the firm selects mutual funds, exchange-traded funds and individual securities, including fixed income securities. When analyzing investments, the firm relies on quantitative methods, computer-based risk/return analysis, technical analysis and computer models that utilize long-term economic criteria.