Latko Wealth Management provides financial planning and portfolio management for individuals and small businesses.
Latko Wealth Management reports 499 clients. They include 356 individual clients and 143 high-net-worth individuals. Of its assets, 100.0% ($327M across 1,134 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $301M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 71% | 28% |
| High-net-worth individuals | 29% | 72% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 356 | $91.2M | 27.9% | $256K |
| High-net-worth individuals | 143 | $236M | 72.1% | $1.65M |
| Total | 499 | $327M | 100% | $656K |
- Clients
- 356
- Regulatory AUM
- $91.2M
- AUM share
- 27.9%
- Avg. per client
- $256K
- Clients
- 143
- Regulatory AUM
- $236M
- AUM share
- 72.1%
- Avg. per client
- $1.65M
Total
- Clients
- 499
- Regulatory AUM
- $327M
- AUM share
- 100%
- Avg. per client
- $656K
- 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
Latko Wealth Management charges 0.50%–2.00% a year for its Asset Management. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Financial planning is billed as a fixed fee from $200 to $5,000 or hourly at $200 to $400 an hour, negotiated per client.
- Hourly Consulting
- Consulting is billed hourly, generally $200 to $400 per hour, negotiated per client.
David Latko owns 50% to 75% of Latko Wealth Management. The leadership team of Latko Wealth Management includes President David Latko and Chief Compliance Officer David Latko. It has 7 employees, 3 of them in advisory roles.
Leadership
- David LatkoPresident
- David LatkoChief Compliance Officer
- Janice LatkoOwner
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- David Warren Latko
- David Warren Latko JR
Staff
- 7 employees
- 3 in advisory functions
- 2 state-registered reps
- 2 broker-dealer reps
- 2 insurance agents
- Owns 50% to 75% of Latko Wealth Management, LTD.
David Latko
Control person · since January 2016
- Owns 25% to 50% of Latko Wealth Management, LTD.
Janice Latko
Control person · since February 2016
Latko Wealth Management’s regulatory assets grew 2.0× from $160M (January 2021) to $327M (September 2026); clients fell from 672 to 499 and employees rose from 6 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $327M | 499 | 7 | 2 |
| February 2025 | $283M | 470 | 7 | 2 |
| January 2024 | $231M | 455 | 6 | 2 |
| January 2023 | $188M | 434 | 6 | 2 |
| June 2022 | $207M | 719 | 6 | 2 |
| January 2021 | $160M | 672 | 6 | 2 |
Besides its headquarters, Latko Wealth Management has 1 office, with 2 listed addresses in Illinois.
Illinois · 2 listed addresses
- 45 East Colorado Avenue, FrankfortHQ
- 45 East Colorado, Frankfort
Contact and registration details
- Legal name
- Latko Wealth Management, LTD.
- Headquarters
- 45 East Colorado Avenue, Frankfort, IL 60423
- Website
- latkowealth.com
- Phone
- 815-469-8887
- SEC file
- 801-113279
- Structure
- Illinois corporation
- Fiscal year end
- December
Latko Wealth Management uses LPL Financial ($327M) as custodian for its separately managed accounts. Latko Wealth Management has custody of client assets.
- LPL FinancialLPL Financial LLC · Fort Mill, SC · $327M100%
At year end, Latko Wealth Management’s separately managed accounts were mostly in stocks (58%) and funds (37%). Its reported 13F holdings for the quarter ended 30 June 2026 total $236M across 37 positions; the largest are iShares TR (21.5%), Invesco Exch Traded FD TR II (13.2%) and Schwab Strategic TR (8.7%).
What the accounts hold
- Stocks58%
- Funds37%
- Bonds1%
- Cash3%
- Other1%
- Variable annuities1%
Reported 13F holdings
- $236M
- Reported 13F value
- 37
- Positions
- 75.1%
- In the 10 largest
- +14.9%
- Value vs. prior quarter
- iShares TR · Core S&P500 ETF21.5%
- Invesco Exch Traded FD TR II · Nasdaq 100 ETF13.2%
- Schwab Strategic TR · Fundamental Intl8.7%
- State Str SPDR Dow Jones Ind · UT Ser 17.6%
- Schwab Strategic TR · US Dividend EQ5.1%
- State Str SPDR S&P 500 ETF T · TR Unit4.0%
- Invesco Qqq TR · Unit Ser 14.0%
- iShares TR · Core S&P Scp ETF3.9%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt3.7%
- Wisdomtree TR · US Qtly Div Grt3.4%
Together, the ten largest are 75.1% of reported value.
How many clients does Latko Wealth Management have?
Latko Wealth Management has 499 clients and manages $327 million for them, as of September 2026. They include 356 individual clients and 143 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 September 2026
What services does Latko Wealth Management offer?
Latko Wealth Management 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 Latko Wealth Management charge?
Latko Wealth Management charges 0.50%–2.00% a year for its Asset Management. The fee is billed in advance and is negotiable.
Which custodians does Latko Wealth Management use?
Latko Wealth Management’s separately managed account assets are held at LPL Financial LLC (Fort Mill, SC), with $327M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 September 2026
How many financial advisors does Latko Wealth Management have?
Latko Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 7 employees, and 3 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 2 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 Latko Wealth Management invest in?
At the end of its last fiscal year, Latko Wealth Management’s separately managed accounts held 58% exchange-traded equities, 37% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents, 1% U.S. government and agency bonds and 1% other. The 1% other category is described as: Variable Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Latko Wealth Management?
Latko Wealth Management’s direct owners are David Latko (50% to 75%) and Janice Latko (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 29 September 2026
How does Latko Wealth Management get paid?
Latko 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
Is Latko Wealth Management registered with the SEC?
Yes, Latko Wealth Management has been registered with the SEC as an investment adviser since 16 May 2018. Its CRD number is 282423 and its SEC file number is 801-113279.
Source: Form ADV Part 1A, Item 1, filed 29 September 2026; IAPD firm record
How do I contact Latko Wealth Management?
Latko Wealth Management’s main office is at 45 East Colorado Avenue, Frankfort, IL 60423. Its phone number is 815-469-8887. Its website is latkowealth.com.