MPS-Loria Financial Planners,llc provides financial planning, portfolio management for individuals and small businesses, pension consulting, and insurance. Financial planning was provided to 101–250 clients last fiscal year.
MPS-Loria Financial Planners,llc reports 679 clients. They include 489 individual clients and 190 high-net-worth individuals. Of its assets, 95.2% ($787M across 1,593 accounts) are managed with discretion; $39.9M across 77 accounts are not. It advised 13 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 72% | 19% |
| High-net-worth individuals | 28% | 81% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 489 | $153M | 18.5% | $313K |
| High-net-worth individuals | 190 | $673M | 81.5% | $3.54M |
| Total | 679 | $827M | 100% | $1.22M |
- Clients
- 489
- Regulatory AUM
- $153M
- AUM share
- 18.5%
- Avg. per client
- $313K
- Clients
- 190
- Regulatory AUM
- $673M
- AUM share
- 81.5%
- Avg. per client
- $3.54M
Total
- Clients
- 679
- Regulatory AUM
- $827M
- AUM share
- 100%
- Avg. per client
- $1.22M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 13
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
MPS-Loria Financial Planners,llc charges 0.75%–1.25% a year for its Managed Accounts. The fee is billed in arrears. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Financial planning is billed at $200 per hour, and a firm supervisor may authorize a lower rate.
Richard Loria owns 25% to 50% of MPS-Loria Financial Planners,llc. The leadership team of MPS-Loria Financial Planners,llc includes President Richard Loria. It has 7 employees, 5 of them in advisory roles.
Leadership
Richard LoriaPresident & Managing Member & (2006) Chief Compliance Officer
Michael PauritschMember- Edward MulcahyMember
- Philip SalvadorMember
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
Staff
- 7 employees
- 5 in advisory functions
- 5 state-registered reps
- 5 insurance agents
- Owns 25% to 50% of MPS-Loria Financial Planners,llc
Richard Loria
Control person · since August 1999
- Owns 10% to 25% of MPS-Loria Financial Planners,llc
Michael Pauritsch
Control person · since August 1999
- Owns 10% to 25% of MPS-Loria Financial Planners,llc
Edward Mulcahy
Control person · since August 1999
- Owns 10% to 25% of MPS-Loria Financial Planners,llc
Philip Salvador
Control person · since August 1999
MPS-Loria Financial Planners,llc’s regulatory assets grew 1.6× from $532M (June 2021) to $827M (February 2026); clients fell from 897 to 679 and employees from 9 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $827M | 679 | 7 | 1 |
| June 2025 | $751M | 673 | 8 | 1 |
| March 2024 | $692M | 665 | 8 | 1 |
| May 2023 | $544M | 649 | 8 | 1 |
| March 2022 | $697M | 658 | 9 | 1 |
| June 2021 | $532M | 897 | 9 | 1 |
Besides its headquarters, MPS-Loria Financial Planners,llc has 0 offices, with 1 listed address in Illinois.
Illinois · 1 listed address
- 7500 South County Line Road, Burr RidgeHQ
Contact and registration details
- Legal name
- MPS-Loria Financial Planners,llc
- Headquarters
- 7500 South County Line Road, Burr Ridge, IL 60527-6955
- Website
- mpsloria.com
- Phone
- 630-887-4404
- SEC file
- 801-66518
- Founded
- 1999
- Structure
- Illinois LLC
- Fiscal year end
- December
MPS-Loria Financial Planners,llc uses Charles Schwab ($826M) as custodian for its separately managed accounts. MPS-Loria Financial Planners,llc has custody of $314M in client assets for 278 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $826M100%
At year end, MPS-Loria Financial Planners,llc’s separately managed accounts were mostly in funds (52%) and bonds (19%). Its reported 13F holdings for the quarter ended 30 June 2026 total $435M across 91 positions; the largest are iShares TR (32.7%), Apple Inc. (18.4%) and iShares Inc. (12.0%).
What the accounts hold
- Stocks17%
- Funds52%
- Bonds19%
- Investment grade corporate bonds15%
- U.S. government and agency bonds3%
- State and local bonds1%
- Cash11%
- Other1%
- Warrants1%
Reported 13F holdings
- $435M
- Reported 13F value
- 91
- Positions
- 84.5%
- In the 10 largest
- +14.8%
- Value vs. prior quarter
- iShares TR · Rus 1000 ETF32.7%
- Apple Inc.18.4%
- iShares Inc. · Core MSCI Emkt12.0%
- Vanguard Index Fds · Small CP ETF11.0%
- iShares TR · Cre U S REIT ETF4.2%
- Schwab Strategic TR · US Tips ETF2.1%
- iShares TR · Russell 3000 ETF1.3%
- iShares TR · Core US Aggbd ET1.0%
- Abbvie Inc.0.9%
- iShares TR · MSCI Eafe ETF0.8%
Together, the ten largest are 84.5% of reported value.
How many clients does MPS-Loria Financial Planners,llc have?
MPS-Loria Financial Planners,llc has 679 clients and manages $827 million for them, as of February 2026. They include 489 individual clients and 190 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 February 2026
What services does MPS-Loria Financial Planners,llc offer?
MPS-Loria Financial Planners,llc provides financial planning, portfolio management for individuals and small businesses, pension consulting, and insurance.
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 MPS-Loria Financial Planners,llc charge?
MPS-Loria Financial Planners,llc charges 0.75%–1.25% a year for its Managed Accounts. The fee is billed in arrears.
Source: MPS LORIA FINANCIAL PLANNERS, LLC PART 2A BROCHURE, filed 24 February 2026
Which custodians does MPS-Loria Financial Planners,llc use?
MPS-Loria Financial Planners,llc’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $826M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 February 2026
How many financial advisors does MPS-Loria Financial Planners,llc have?
MPS-Loria Financial Planners,llc has 5 investment adviser representatives registered with state securities authorities, out of 7 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 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 MPS-Loria Financial Planners,llc invest in?
At the end of its last fiscal year, MPS-Loria Financial Planners,llc’s separately managed accounts held 52% registered funds (mutual funds, ETFs, BDCs), 17% exchange-traded equities, 15% investment grade corporate bonds, 11% cash and equivalents, 3% U.S. government and agency bonds, 1% state and local bonds and 1% other. The 1% other category is described as: Warrants.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns MPS-Loria Financial Planners,llc?
MPS-Loria Financial Planners,llc’s direct owners are Richard Loria, Michael Pauritsch, Edward Mulcahy and Philip Salvador, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 24 February 2026
How does MPS-Loria Financial Planners,llc get paid?
MPS-Loria Financial Planners,llc 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 MPS-Loria Financial Planners,llc?
MPS-Loria Financial Planners,llc’s main office is at 7500 South County Line Road, Burr Ridge, IL 60527-6955. Its phone number is 630-887-4404. Its website is mpsloria.com.