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Erik Faust

Shareholder at JMG Financial Group in Downers Grove, IL

Investment adviser registrationUpdated

Erik Faust is Shareholder of JMG Financial Group LTD, an investment adviser managing $7.5B, and works from its Downers Grove, IL office. Erik Faust has been registered as an investment adviser representative through JMG Financial Group since 31 October 2017 and has 8 years in the industry across 1 firm.

8
Years in industry
8
Years at firm
1
Adviser firms
2
States registered

From the IAPD record, checked 21 October 2026SEC record

Career

Erik Faust has been Shareholder of JMG Financial Group since January 2022, is not listed as a control person, but directly owns under 5% of the firm. Erik Faust holds a Bachelor of Business Administration in finance from Saint Xavier University.

JMG Financial Group LTD is a Downers Grove, IL firm with $7.5B under management, 1,789 clients and 66 advisers across 4 offices, as of its March 2026 filing.

Erik Faust is Principal of JMG Financial Group. He joined JMG in 2011. He guides clients through thorny issues and works to ease their concerns.

  1. – present · 8 years
    Downers Grove, IL · Adviser representative · Firm CRD 110302

Credentials and registrations

Professional designations

Listed by JMG Financial Group

  • CFP®

Investment adviser representative registrations

Erik Faust is registered as an investment adviser representative in 2 states. The first approvals date from October 2017; the most recent is Texas, in November 2018.

  • IllinoisSince 31 October 2017
  • TexasSince 2 November 2018

Examinations

No examinations are on Erik Faust’s record.

Key facts

Full name
Erik Jonathan Faust
CRD
6875206
Firm
JMG Financial Group · CRD 110302
Role
Shareholder
Office
2001 BUTTERFIELD ROAD, SUITE 1400, Downers Grove, IL 60515
Registration
Investment adviser registration
In the industry since
October 2017
Disciplinary history
Not yet shown here · SEC record

Common questions

Where does Erik Faust work?

Erik Faust has been Shareholder of JMG Financial Group LTD since January 2022.

Source: Form ADV, Schedule A, filed 23 March 2026

Is Erik Faust a financial advisor?

Yes. Erik Faust has a current investment-adviser registration in Illinois and Texas, through JMG Financial Group since October 2017.

Source: IAPD individual record, checked 21 October 2026

How many years of experience does Erik Faust have?

Erik Faust has 8 years in the financial industry, since October 2017, across 1 adviser firm.

Source: IAPD individual record, checked 21 October 2026

Where is Erik Faust based?

Erik Faust’s registered office is in Downers Grove, IL.

Source: IAPD individual record, checked 21 October 2026

Is Erik Faust registered with FINRA?

No. Erik Faust has no current broker registration.

Source: IAPD individual record, checked 21 October 2026

Is Erik Faust a CFP?

JMG Financial Group lists Erik Faust with the CFP credential (“CFP®”) on its website. CFP Board confirms certification status.

Source: Erik Faust biography, jmgfinancial.com

How can I verify Erik Faust’s record?

Search CRD 6875206 on the SEC’s adviser search (adviserinfo.sec.gov), which publishes Erik Faust’s full registration record.

Source: IAPD individual record, checked 21 October 2026

Leadership at JMG Financial Group

Sources

  1. IAPD individual record, CRD 6875206, checked 21 October 2026. Registration status, employment history and examinations.
  2. Form ADV Part 1A, Schedules A and B of JMG Financial Group LTD, filed 23 March 2026. Title, control and ownership bands.
  3. JMG Financial Group team page. Biography, education, credentials, awards.