Find a financial advisor in Joliet, IL

Find financial advisors in Joliet, IL

Find financial advisors in Joliet, IL

Share a few details and we'll show you the best financial advisors in your area.
Zip code

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Find financial advisors in Joliet, IL

Share a few details and we'll show you the best financial advisors in your area.
Zip code

Service type

Top 10 financial advisors in Joliet, IL

Clients agree: these Joliet financial advisors are highly rated for knowledge, experience, communication, and more.
Kruse Asset Management

Kruse Asset Management

New on Thervo
Offers online services
16+ years in business
Serves Joliet, IL
Kruse Asset Management uses math and data to make investment decisions to slant the odds in our clients' favor for outperforming the markets, reduce risk and improve your future.
Blue Haven Capital LLC

Blue Haven Capital LLC

5.0Exceptional(7)
Offers online services
5 hires on Thervo
17+ years in business
Serves Joliet, IL
Jennifer M. says, "Excellent meeting! Wonderful advice and education I needed! " Read more
JRB Team

JRB Team

5.0(3)
Offers online services
2 hires on Thervo
10+ years in business
Serves Joliet, IL
Albert M. says, "Very professional. They are trying to understand my vision and goals, make helpful suggestions, giving me quality time and so on." Read more
R Hill Enterprises, Inc.

R Hill Enterprises, Inc.

5.0(2)
21+ years in business
Serves Joliet, IL
Jill M. says, "Robb was keynote speaker at our conference and was excellent. Extremely knowledgeable, personable, and the participants loved him! " Read more
Superior Financial Alternatives

Superior Financial Alternatives

New on Thervo
Offers online services
28+ years in business
Serves Joliet, IL
Edw started as a Paralegal in 1982, then as a Certified Tax Preparer and Electronic Filer in 1992, with clients in 42 states after that he has accomplished and continues to accomplish the following services and certificates.. Has 20 years as a multi-state Insurance Broker, 22 years as a Loan Officer (7 yrs owning a Mortgage Company), Has been a multi-state Real Estate Broker since 1995, and Managing Broker since 1999… Series 6, 63 & 26 Investment Rep Founder and Compliance Officer of a multi-state Investment Broker-Dealer for 16 years. Edw has also served on the Board of Directors of more than four non-profits, including the follow
Torgerson Financial Group

Torgerson Financial Group

New on Thervo
2 hires on Thervo
32+ years in business
Serves Joliet, IL
We do tax consultations and tax preparations for both individuals and corporations. We also are licensed for investment and insurance products. The insurance products include self managed retirement plans for owners of small corporations that can defer the earnings of the corporation in which the total amount of the deferred comp plan is 100% deductible. I am an Enrolled Agent and also a Certified Estate Planner, with the designation of a Fraternal Insurance Cordinator....

Your Personal Financial Planning questions, answered

Answers to commonly asked questions from the experts on Thervo.

How much do financial planners charge?

Financial planners charge a flat fee or an hourly rate for their services. A fee-only financial planner charges a flat fee for services ranging from $1,000 to $10,000 to develop a comprehensive financial plan.

A financial planner's hourly rates range from $200 to $400 per hour, depending on the advisor's experience. The larger and more complex your portfolio, the more time the financial planner will spend helping you develop a financial plan.

In contrast, financial advisors commonly charge a percentage of the assets under management (AUM). The standard fee for financial advisors is .0.25% to 1% of AUM, so for investors with $100,000 in assets, the annual fees would be $1,000. Some financial advisors serve only wealthy clients and set a minimum size for investment accounts. However, the more money the advisors manage, the lower the percentage fee they will charge.

What is a financial planner?

A financial planner helps to create a long-term financial plan for your wealth. Financial planners may sell commission-based products like life insurance, but their primary focus is helping you manage your finances including creating a budget, saving for emergencies, building college funds for your children, retirement planning, and estate planning.

A financial advisor is different from a financial planner in that their main purpose is to offer guidance and advice on financial matters like investments. They help you make informed decisions to build wealth and achieve your financial goals.

Are financial planners worth the cost?

A financial planner is worth the cost, especially if you have debt to consolidate or need help reaching your financial goals. Working with a financial planner can help you grow your wealth, manage your assets, and plan for retirement. They provide the expertise to make sound financial decisions while saving you time on researching financial investments and savings accounts. Employing a financial planner gives you peace of mind that you are making responsible financial decisions and have a plan for the future.

If you are considering working with a financial planner, be sure to:

  • Ask about all of the fees associated with the services you are interested in.
  • Make sure the financial planner you choose is a fiduciary. These financial planners have a fiduciary duty or legal obligation to act in your best interest, rather than looking for investments that pay the highest commissions.
  • Only agree to financial investments or products when you understand the risk and potential benefits.

How much money should I have before hiring a financial planner?

There is no minimum amount of money you should have before hiring a financial planner. Some financial planners have minimum account balance requirements, which can range from $50,000 to $1 million or more. If you have less than the minimum account balance, you may still be able to find a financial planner willing to work with you if you pay a higher fee.

Online financial planners are often more affordable than traditional financial planners and may not have minimum account balance requirements. Online planners can be accessed from anywhere with an internet connection, giving you the flexibility to work with an advisor on your schedule. These companies also have access to a wider range of expertise, employing a network of advisors with different specialties able to create a personalized financial plan tailored to your specific needs and goals.

How do I choose a financial planner?

Choosing a financial planner is a major life decision that can help you achieve your financial and retirement goals. Do not settle for a planner based on their price or location. Instead, do your research and find a planner that specializes in the services you need. If debt consolidation is an issue, find a planner that can help you reduce your debt while still building your savings. If you want to retire early, find a planner that can help you invest in products to help you reach your goals sooner.

Here are some tips to help you find the best financial planner for you:

  • Do your research by reading reviews, comparing fees, and learning about the different planning services available.
  • Interview several advisors in person to be sure you are comfortable with their personality and philosophy.
  • Make sure the planner is a fiduciary that will act in your best interests.
  • Ask about their fee structure and make sure the "all-in" costs fit your budget.
  • Get everything in writing including the services they provide, how they will be compensated, and any extra fees you should expect.
  • Be prepared to ask questions about their approach to financial planning and how they will handle your specific situation.

What questions should I ask a financial planner?

Before committing to a financial planner, make sure you are hiring the best person for you and your financial situation. Schedule interviews with several potential advisors and ask these important questions:

  • Are you a fiduciary?
  • What is your fee structure?
  • What additional fees should I expect?
  • What are your qualifications?
  • How often will we meet?
  • Will you be available for phone calls or emails outside of scheduled appointments?
  • What is your investment philosophy?
  • Will you help me invest in ethically responsible companies?

Reviews for Joliet financial advisors

Recent success stories from people in the Joliet area.
Mark R.
Don is a genuine person who does truly care about each and every client. He takes the time to listen to what your goals are and creates a strategy that’s consistent with that. Everyone is different so the cookie cutter approach does not apply with him. I have used his services and recommended them to friends and family. There are a lot of financial planners out there, but this one one has an energy and passion that is hard to find.
Blue Haven Capital LLC
Jeanna Z.
It was a pleasure working with The JRB Team on a business development project. JRB was professional and experienced. I would highly recommend their services to other businesses looking to outsource their sales work. I look forward to working with them again in the future.
JRB Team
Daina O.
Robb is extremely funny! He connected so well with the attendees that they wouldn't let him leave the conference. I will definitely use him again. Thanks Robb!
R Hill Enterprises, Inc.
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