FSR Wealth Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, estate planning, insurance, retirement plan services, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
FSR Wealth Management reports 405 clients. They include 329 individual clients and 76 high-net-worth individuals. Of its assets, 100.0% ($313M across 1,266 accounts) are managed with discretion. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 81% | 44% |
| High-net-worth individuals | 19% | 56% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 329 | $136M | 43.6% | $414K |
| High-net-worth individuals | 76 | $176M | 56.4% | $2.32M |
| Total | 405 | $313M | 100% | $772K |
- Clients
- 329
- Regulatory AUM
- $136M
- AUM share
- 43.6%
- Avg. per client
- $414K
- Clients
- 76
- Regulatory AUM
- $176M
- AUM share
- 56.4%
- Avg. per client
- $2.32M
Total
- Clients
- 405
- Regulatory AUM
- $313M
- AUM share
- 100%
- Avg. per client
- $772K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
FSR Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- On-going financial planning
- Negotiable flat monthly fee of $300 to $1,500, billed in arrears under a minimum twelve-month engagement.
- One-time financial planning
- Stand-alone fixed fee, negotiable; the minimum is generally $1,000 and the maximum no more than $24,000, depending on the services requested.
- Retirement plan services
- Negotiated with the plan sponsor; currently between 0.30% and 1.0% of plan assets.
Joshua Bretl owns 75% or more of FSR Wealth Management. The leadership team of FSR Wealth Management includes President Joshua Bretl and Chief Compliance Officer Brian Szymczak. It has 21 employees, 11 of them in advisory roles.
Leadership
- Joshua BretlPresident
- Brian SzymczakChief Compliance Officer
Investment adviser representatives
11 representatives listed in the SEC register as of 9 October 2026.
- Joshua Edward Bretl
- Robert Charles Bretl
- Scott Edward Bretl
- Charles M Carey
- Erin Fogarty
- Stephen George Francis
- Mark Phillip Komorowski
- Michael Todd Leigh
- Sean Thomas Papreck
- Bryan Tyrell Stiger
- Brian J Szymczak
Staff
- 21 employees
- 11 in advisory functions
- 11 state-registered reps
- 8 insurance agents
- Owns 75% or more of FSR Wealth Management, LTD.
Joshua Bretl
Control person · since January 2013
FSR Wealth Management’s regulatory assets grew 2.3× from $133M (March 2022) to $313M (May 2026); clients rose from 283 to 405 and employees from 14 to 21.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $313M | 405 | 21 | 4 |
| May 2025 | $237M | 388 | 16 | 2 |
| February 2024 | $154M | 330 | 14 | 2 |
| July 2023 | $125M | 311 | 13 | 2 |
| March 2022 | $133M | 283 | 14 | 2 |
Besides its headquarters, FSR Wealth Management has 3 offices (1 private residence, listed without an address), with 3 listed addresses in Illinois.
Illinois · 3 listed addresses
- 444 N. York Street, ElmhurstHQ
- 448 N. York Street, Elmhurst
- 10760 W 143rd, Orland Park
Contact and registration details
- Legal name
- FSR Wealth Management, LTD.
- Headquarters
- 444 N. York Street, Elmhurst, IL 60126
- Website
- wellment.com
- Phone
- 630-993-8200
- @wellment-financial
- SEC file
- 801-122241
- Founded
- 2013
- Structure
- Illinois corporation
- Fiscal year end
- December
FSR Wealth Management uses Fidelity ($313M) as custodian for its separately managed accounts. FSR Wealth Management has custody of $6.45M in client assets for 26 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $313M100%
At year end, FSR Wealth Management’s separately managed accounts were mostly in funds (51%) and stocks (45%). Its reported 13F holdings for the quarter ended 30 June 2026 total $87.8M across 37 positions; the largest are Elevation Series Trust (10.5%), Aim ETF Products Trust (10.4%) and Aim ETF Products Trust (8.2%).
What the accounts hold
- Stocks45%
- Funds51%
- Cash4%
Reported 13F holdings
- $87.8M
- Reported 13F value
- 37
- Positions
- 71.2%
- In the 10 largest
- +8.6%
- Value vs. prior quarter
- Elevation Series Trust · True SE Buff ETF10.5%
- Aim ETF Products Trust · Allia US May ETF10.4%
- Aim ETF Products Trust · Allianzim US EQT8.2%
- Aim ETF Products Trust · Allia US Jun ETF6.9%
- Aim ETF Products Trust · Allia US Jan ETF6.7%
- Pimco ETF TR · Ultr SH GO AC FD5.9%
- First TR Exchng Traded FD VI · FT Vest U.s EQT5.8%
- Aim ETF Products Trust · Allia US Feb ETF5.8%
- Aim ETF Products Trust · Allianzim US EQT5.7%
- Aim ETF Products Trust · Allianzim US EQT5.3%
Together, the ten largest are 71.2% of reported value.
How many clients does FSR Wealth Management have?
FSR Wealth Management has 405 clients and manages $313 million for them, as of May 2026. They include 329 individual clients and 76 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 May 2026
What services does FSR Wealth Management offer?
FSR Wealth Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, estate planning, insurance, retirement plan services, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does FSR Wealth Management use?
FSR Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $313M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 May 2026
How many financial advisors does FSR Wealth Management have?
FSR Wealth Management has 11 investment adviser representatives registered with state securities authorities, out of 21 employees, and 11 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 8 employees are 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 FSR Wealth Management invest in?
At the end of its last fiscal year, FSR Wealth Management’s separately managed accounts held 51% registered funds (mutual funds, ETFs, BDCs), 45% exchange-traded equities and 4% 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 FSR Wealth Management?
FSR Wealth Management’s direct owner is Joshua Bretl (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 16 May 2026
How does FSR Wealth Management get paid?
FSR Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. 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 FSR Wealth Management?
FSR Wealth Management’s main office is at 444 N. York Street, Elmhurst, IL 60126. Its phone number is 630-993-8200. Its website is wellment.com.