Mowery & Schoenfeld Wealth Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, insurance, and retirement plan services. Financial planning was provided to 101–250 clients last fiscal year.
Mowery & Schoenfeld Wealth Management reports 180 clients. They include 138 high-net-worth individuals and 42 individual clients. Nearly all assets ($524M across 798 accounts) are managed with discretion; $202K across 1 account is not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 23% | 2% |
| High-net-worth individuals | 77% | 98% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 42 | $9.83M | 1.9% | $234K |
| High-net-worth individuals | 138 | $513M | 97.9% | $3.72M |
| Charitable organizations | Fewer than 5 | $802K | 0.2% | — |
| Corporations and other businesses | Fewer than 5 | $577K | 0.1% | — |
| Total | 180 | $524M | 100% | — |
- Clients
- 42
- Regulatory AUM
- $9.83M
- AUM share
- 1.9%
- Avg. per client
- $234K
- Clients
- 138
- Regulatory AUM
- $513M
- AUM share
- 97.9%
- Avg. per client
- $3.72M
- Clients
- Fewer than 5
- Regulatory AUM
- $802K
- AUM share
- 0.2%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $577K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 180
- Regulatory AUM
- $524M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Mowery & Schoenfeld Wealth Management charges 0.30%–1.25% a year for its Portfolio Management Services. The fee is billed in advance and is negotiable.
Fee details and sources
Jeffery Mowery owns 25% to 50% of Mowery & Schoenfeld Wealth Management. It has 10 employees, 6 of them in advisory roles.
Leadership
Kristen McCulloughManaging Director of Wealth Management- Jeffery MoweryManaging Member
- Keith SchoenfeldManager, CCO
- Michael DeeringManager, Iar
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
Staff
- 10 employees
- 6 in advisory functions
- 6 state-registered reps
- 2 insurance agents
- 1 soliciting firm
- Owns 25% to 50% of Mowery & Schoenfeld Wealth Management, LLC
Jeffery Mowery
Control person · since July 1998
- Owns 25% to 50% of Mowery & Schoenfeld Wealth Management, LLC
Keith Schoenfeld
Control person · since July 1998
- Owns 10% to 25% of Mowery & Schoenfeld Wealth Management, LLC
Michael Deering
Control person · since January 2022
- Owns 5% to 10% of Mowery & Schoenfeld Wealth Management, LLC
Kristen McCullough
since April 2022
Mowery & Schoenfeld Wealth Management’s regulatory assets grew 2.9× from $182M (March 2023) to $524M (January 2026); clients rose from 99 to 180 and employees from 7 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| January 2026 | $524M | 180 | 10 | 3 |
| February 2025 | $389M | 161 | 8 | 3 |
| July 2024 | $287M | 137 | 7 | 3 |
| March 2023 | $182M | 99 | 7 | 1 |
Besides its headquarters, Mowery & Schoenfeld Wealth Management has 2 offices, with 3 listed addresses in Illinois.
Illinois · 3 listed addresses
- 475 Half Day Road, Suite 500, LincolnshireHQ
- 300 S. Wacker Drive, Chicago
- 550 Oakwood Avenue, Lake Forest
Contact and registration details
- Legal name
- Mowery & Schoenfeld Wealth Management, LLC
- Headquarters
- 475 Half Day Road, Suite 500, Lincolnshire, IL 60069
- Website
- msllcwealth.com
- Phone
- 847-247-8959
- SEC file
- 801-126430
- Founded
- 1999
- Structure
- Illinois LLC
- Fiscal year end
- December
Mowery & Schoenfeld Wealth Management uses Fidelity ($444M) as custodian for its separately managed accounts. Mowery & Schoenfeld Wealth Management has custody of $459M in client assets for 110 clients.
- FidelityFidelity Distributors Company LLC · Smithfield, RI · $444M100%
At year end, Mowery & Schoenfeld Wealth Management’s separately managed accounts were mostly in funds (55%) and stocks (23%). Its reported 13F holdings for the quarter ended 30 June 2026 total $73.4M across 363 positions; the largest are Invesco Exchange Traded FD T (9.5%), Fidelity Covington Trust (7.9%) and Dimensional ETF Trust (5.6%).
What the accounts hold
- Stocks23%
- Funds55%
- Bonds18%
- State and local bonds17%
- Investment grade corporate bonds1%
- Cash3%
- Other1%
- Derivatives1%
Reported 13F holdings
- $73.4M
- Reported 13F value
- 363
- Positions
- 50.7%
- In the 10 largest
- +12.1%
- Value vs. prior quarter
- Invesco Exchange Traded FD T · Rafi US 1000 ETF9.5%
- Fidelity Covington Trust · MSCI Info Tech I7.9%
- Dimensional ETF Trust · US Cor Equ 2 ETF5.6%
- Apple Inc.5.5%
- Nvidia Corporation5.2%
- Alphabet Inc. · Cap Stk CL A4.9%
- Proshares TR · S&P 500 DV Arist3.8%
- Alphabet Inc. · Cap Stk CL C3.3%
- Microsoft Corp.2.5%
- Eli Lilly & CO2.5%
Together, the ten largest are 50.7% of reported value.
How many clients does Mowery & Schoenfeld Wealth Management have?
Mowery & Schoenfeld Wealth Management has 180 clients and manages $524 million for them, as of January 2026. They include 138 high-net-worth individuals and 42 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 January 2026
What services does Mowery & Schoenfeld Wealth Management offer?
Mowery & Schoenfeld Wealth Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, insurance, and retirement plan services.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Mowery & Schoenfeld Wealth Management charge?
Mowery & Schoenfeld Wealth Management charges 0.30%–1.25% a year for its Portfolio Management Services. The fee is billed in advance and is negotiable.
Source: MOWERY & SCHOENFELD WEALTH MANAGEMENT ADV PART A, filed 14 January 2026
Which custodians does Mowery & Schoenfeld Wealth Management use?
Mowery & Schoenfeld Wealth Management’s separately managed account assets are held at Fidelity Distributors Company LLC (Smithfield, RI), with $444M. 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 January 2026
How many financial advisors does Mowery & Schoenfeld Wealth Management have?
Mowery & Schoenfeld Wealth Management has 6 investment adviser representatives registered with state securities authorities, out of 10 employees, and 6 perform investment advisory functions. 0 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 Mowery & Schoenfeld Wealth Management invest in?
At the end of its last fiscal year, Mowery & Schoenfeld Wealth Management’s separately managed accounts held 55% registered funds (mutual funds, ETFs, BDCs), 23% exchange-traded equities, 17% state and local bonds, 3% cash and equivalents, 1% investment grade corporate bonds and 1% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Mowery & Schoenfeld Wealth Management?
Mowery & Schoenfeld Wealth Management’s direct owners are Jeffery Mowery, Keith Schoenfeld, Michael Deering and Kristen McCullough, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 16 January 2026
How does Mowery & Schoenfeld Wealth Management get paid?
Mowery & Schoenfeld Wealth Management is paid through a percentage of assets under management and commissions. Its Form ADV lists no 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 Mowery & Schoenfeld Wealth Management registered with the SEC?
Yes, Mowery & Schoenfeld Wealth Management has been registered with the SEC as an investment adviser since 23 August 2022. Its CRD number is 118366 and its SEC file number is 801-126430.
Source: Form ADV Part 1A, Item 1, filed 16 January 2026; IAPD firm record
How do I contact Mowery & Schoenfeld Wealth Management?
Mowery & Schoenfeld Wealth Management’s main office is at 475 Half Day Road, Suite 500, Lincolnshire, IL 60069. Its phone number is 847-247-8959. Its website is msllcwealth.com.