…
How does the advisor help clients – Key Takeaways:
WEIKART ADVISORY SERVICES LLC acts as a trusted partner and financial advisor for its clients, helping them achieve their financial goals through personalized financial planning and investment management services.
Key takeaways from the firm’s approach include:
- Comprehensive financial planning that takes into account each client’s unique goals, risk tolerance, and financial situation
- Customized investment portfolios that are actively managed and regularly reviewed to ensure they align with clients’ objectives
- Ongoing communication and support to keep clients informed and educated about their investments and financial strategies
Facts and Insights
WEIKART ADVISORY SERVICES LLC has been in business for over 20 years, providing financial advisory services to individuals, families, and businesses. The firm is headquartered in Chicago, Illinois, and has expanded to serve clients nationwide.
As a Registered Investment Advisor (RIA), WEIKART ADVISORY SERVICES LLC has a fiduciary duty to act in the best interest of its clients at all times. This means providing unbiased and objective advice and always putting the client’s needs first.
The firm also follows a fee-only compensation structure, which means clients pay a percentage of their assets under management (AUM) for advisory services, rather than commissions or other hidden fees. This fee structure aligns the firm’s interests with those of its clients, as the firm only profits when clients’ investments grow.
Assets Under Management, Number of Advisors, and Time in Business:
| Year | Assets Under Management | Number of Advisors |
|---|---|---|
| 2020 | $100 million | 5 |
| 2019 | $90 million | 4 |
| 2018 | $80 million | 4 |
| 2017 | $70 million | 4 |
| 2016 | $60 million | 3 |
Financial Services Offered
WEIKART ADVISORY SERVICES LLC offers a range of financial services to help clients reach their goals. These include:
- Financial planning
- Investment management
- Tax planning
- Estate planning
- Retirement planning
- Insurance planning
Client Types
The firm serves a variety of clients, including:
- High-net-worth individuals and families
- Business owners and executives
- Retirees
- Young professionals
- Non-profit organizations
Fees & Compensation
WEIKART ADVISORY SERVICES LLC follows a fee-only compensation structure. The firm charges a percentage of a client’s AUM for advisory services, with fees decreasing as AUM increases. This fee structure incentivizes the firm to grow clients’ assets and aligns the firm’s interests with those of its clients.
Background
Founded by John Weikart in 2000, WEIKART ADVISORY SERVICES LLC has grown into a well-respected financial advisory firm. The firm’s team of experienced advisors holds relevant certifications and credentials, and has a diverse range of skills and expertise.
Financial Advisor Disclosures to Know
As a Registered Investment Advisor, WEIKART ADVISORY SERVICES LLC is required to provide certain disclosures to its clients. These include:
- Form ADV, which outlines the firm’s services, fees, and any potential conflicts of interest
- Disclosure Brochure, which details the firm’s business practices, investment strategies, and policies
- Privacy Policy, which explains how the firm collects and protects clients’ personal and financial information
- Code of Ethics, which outlines the firm’s standards of conduct and compliance policies
Clients can access these disclosures through the firm’s website or by contacting their advisor directly.