Blue Sky Investment Partners provides financial planning and portfolio management for individuals and small businesses.
Blue Sky Investment Partners reports 62 clients. They include 35 high-net-worth individuals, 26 individual clients and 1 pension or profit-sharing plan. Of its assets, 100.0% ($118M across 62 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 42% | 11% |
| High-net-worth individuals | 56% | 89% |
| Pension and profit-sharing plans | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 26 | $13.1M | 11.1% | $504K |
| High-net-worth individuals | 35 | $105M | 88.8% | $2.99M |
| Pension and profit-sharing plans | Fewer than 5 | $123K | 0.1% | $123K |
| Total | 62 | $118M | 100% | — |
- Clients
- 26
- Regulatory AUM
- $13.1M
- AUM share
- 11.1%
- Avg. per client
- $504K
- Clients
- 35
- Regulatory AUM
- $105M
- AUM share
- 88.8%
- Avg. per client
- $2.99M
- Clients
- Fewer than 5
- Regulatory AUM
- $123K
- AUM share
- 0.1%
- Avg. per client
- $123K
Total
- Clients
- 62
- Regulatory AUM
- $118M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Blue Sky Investment Partners charges 0.70%–1.00% a year for its Wealth management service. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Project-quoted fees with a $5,000 minimum, half billed in advance; Portfolio Management Plus adds a one-time fee of $1,500 to $2,500.
Michael Willman owns 75% or more of Blue Sky Investment Partners. The leadership team of Blue Sky Investment Partners includes President Michael Willman. It has 1 employee.
Leadership
Michael WillmanPresident & Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- Owns 75% or more of Blue Sky Investment Partners, Inc.
Michael Willman
Control person · since September 2007
Besides its headquarters, Blue Sky Investment Partners has 0 offices, with 1 listed address in Illinois.
Illinois · 1 listed address
- 1609 Sherman Ave., #204, EvanstonHQ
Contact and registration details
- Legal name
- Blue Sky Investment Partners, Inc.
- Headquarters
- 1609 Sherman Ave., #204, Evanston, IL 60201
- Website
- blueskyinvestments.net
- Phone
- 847-864-5070
- SEC file
- 801-136202
- Structure
- Illinois corporation
- Fiscal year end
- December
Blue Sky Investment Partners uses Charles Schwab ($118M) as custodian for its separately managed accounts. Blue Sky Investment Partners does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $118M100%
At year end, Blue Sky Investment Partners’ separately managed accounts were mostly in funds (59%) and stocks (40%).
What the accounts hold
- Stocks40%
- Funds59%
- Cash1%
How many clients does Blue Sky Investment Partners have?
Blue Sky Investment Partners has 62 clients and manages $118 million for them, as of September 2026. They include 35 high-net-worth individuals, 26 individual clients and 1 pension or profit-sharing plan.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 September 2026
What services does Blue Sky Investment Partners offer?
Blue Sky Investment Partners provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Blue Sky Investment Partners charge?
Blue Sky Investment Partners charges 0.70%–1.00% a year for its Wealth management service. The fee is billed in advance and is negotiable.
Source: BLUE SKY INVESTMENT PARTNERS, INC., filed 13 August 2026
Which custodians does Blue Sky Investment Partners use?
Blue Sky Investment Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $118M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 September 2026
How many financial advisors does Blue Sky Investment Partners have?
Blue Sky Investment Partners has 0 investment adviser representatives registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Blue Sky Investment Partners invest in?
At the end of its last fiscal year, Blue Sky Investment Partners’ separately managed accounts held 59% pooled vehicles (private funds and similar), 40% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Blue Sky Investment Partners?
Blue Sky Investment Partners’ direct owner is Michael Willman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 9 September 2026
How does Blue Sky Investment Partners get paid?
Blue Sky Investment Partners is paid through a percentage of assets under management and hourly charges. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Blue Sky Investment Partners?
Blue Sky Investment Partners’ main office is at 1609 Sherman Ave., #204, Evanston, IL 60201. Its phone number is 847-864-5070. Its website is blueskyinvestments.net.