VestGen Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 1,000 clients last fiscal year.
VestGen Advisors reports 22,790 clients. They include 21,477 individual clients and 1,313 high-net-worth individuals. Of its assets, 85.0% ($5.67B across 19,371 accounts) are managed with discretion; $1B across 3,419 accounts are not. A wrap fee program the firm both sponsors and manages holds $6B.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 94% | 49% |
| High-net-worth individuals | 6% | 51% |
| Banking or thrift institutions | Fewer than 5 | 0% |
| Pension and profit-sharing plans | Fewer than 5 | 0% |
| Charitable organizations | Fewer than 5 | 0% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses | Not reported | 0% |
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) | 21,477 | $3.24B | 48.6% | $151K |
| High-net-worth individuals | 1,313 | $3.43B | 51.4% | $2.61M |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | Fewer than 5 | $0 | 0.0% | — |
| Charitable organizations | Fewer than 5 | $0 | 0.0% | — |
| State or municipal government entities | Fewer than 5 | $0 | 0.0% | — |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | Fewer than 5 | $0 | 0.0% | — |
| Total | 22,790 | $6.67B | 100% | — |
- Clients
- 21,477
- Regulatory AUM
- $3.24B
- AUM share
- 48.6%
- Avg. per client
- $151K
- Clients
- 1,313
- Regulatory AUM
- $3.43B
- AUM share
- 51.4%
- Avg. per client
- $2.61M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 22,790
- Regulatory AUM
- $6.67B
- 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
- 1000
VestGen Advisors charges up to 2.50% a year for its VGA Investment Management Fees. The fee is billed in advance or in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- ERISA plan services
- Annual fee based on the market value of plan assets, set out in the ERISA Plan Agreement; no rate is stated in this brochure.
- Financial planning and consulting
- Charged an hourly fee or flat rate, with an estimated plan fee given before planning begins; VGA may waive it if the plan is implemented through VGA.
Vestgen Wealth Partners Holdings LLC owns 75% or more of VestGen Advisors. Jason Hanavan is CEO; the leadership team includes Chief Operating Officer Ferian Nickelson and Chief Compliance Officer Timothy Woods. It has 165 employees, 58 of them in advisory roles.
Leadership
Jason HanavanChief Executive Officer, Vestgen Wealth Partners Holdings, LLC
Ferian NickelsonChief Operating Officer
Timothy WoodsChief Compliance Officer- Patrick CurranSenior Compliance Officer
Thomas EricsonSenior Compliance Officer
Cathleen SayersDirector, Operations
Donald WilliamsDirector, Operations
Investment adviser representatives
58 representatives listed in the SEC register as of 9 October 2026.
- Brian M Michael Ahern
- Craig George Bolanos JR
- David J Bolanos
- Gavin Michael Bolanos
- Robert Bondiman
- Theodore K Buckley
- Ryan Taylor Burchett
- Tristan Paul Carone
- Patrick Joseph Crowley
- Ursula Robinson Daley
- Kevin Edward Dawrant
- Brian Nicholas Degrado
- Brendan Thomas Donlevy
- Bradley Scott Doy
- Joseph Michael Esposito JR
- Matthew Joseph Evans
- Kathleen Ann Gfrorer
- Robert Charles Greulich
- Thomas James Gruszka
- Erik Gutierrez
- Jeffery Dean Haller
- John Joseph Hanlon IV
- Alfred David Holland JR
- Mark Wallace Johnson
- Paul Phillip Kaczmarczyk
- Charles Keith Kiker
- James Kim
- Jordan Joseph Layer
- Jeff Lesniewicz
- Jonathan Treat Lewis
- Jordan Glenn Lewis
- Kevin Edward Looser
- Timothy David Ludwig
- Joseph Andrew Lyons
- Michael Kelley Martin
- Terry Michael McCaffrey
- Eric Anthony Mesko
- Timothy Scott Mohns
- Michael Benedict Moloney
- Bret James Mooney
- Eric Mooney
- Keith Brian Mooney
- Nicholas Anthony Punzio
- Thomas Christopher Reynolds
- Rikk Rodriguez
- Christopher Michael Ruhnke
- Jeffrey Allen Scheider
- Scott Michael Sheldon
- John David Straley
- Daniel Harrison Stringfellow
- Michael Edward Sullivan
- James M Thornton
- James Robert Vande Logt
- David C Walker
- Stephen Matthew Weber
- Nicholas Steven Withington
- John Joseph Zielinski
Staff
- 165 employees
- 58 in advisory functions
- 50 state-registered reps
- 40 broker-dealer reps
- 30 insurance agents
- 1 soliciting firm
- Owns 75% or more of Vestgen Advisors, LLC
Vestgen Wealth Partners Holdings LLC
Control person · since September 2024
VestGen Advisors’ regulatory assets grew 22.0× from $303M (July 2022) to $6.67B (September 2026); clients rose from 212 to 22,790 and employees from 6 to 165. In 2012, Ogilvie Security Advisors joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $6.67B | 22,790 | 165 | 17 |
| July 2025 | $3.47B | 9,453 | 115 | 10 |
| June 2024 | $660M | 1,352 | 7 | 2 |
| March 2023 | $528M | 1,228 | 7 | 2 |
| July 2022 | $303M | 212 | 6 | 2 |
Firms that joined
20121 joined
- Ogilvie Security AdvisorsNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, VestGen Advisors has 16 offices (1 private residence, listed without an address), with 16 listed addresses across 4 states.
Illinois · 12 listed addresses
- 1 North Franklin, Suite 1850, ChicagoHQ
- 4912 Main Street, Downers Grove
- 1051 Perimeter, Schaumburg
- 800 Enterprise Drive, Oak Brook
- 1 North Franklin, Chicago
- 1100 Jorie Boulevard, Oak Brook
- 2001 Butterfield Road, Downers Grove
- 20 S Clark Street, Chicago
- 2155 Citygate Lane, Naperville
- 799 Roosevelt Road, Glen Ellyn
- 1 Executive Court, South Barrington
- 459 Dunham Road, St. Charles
Missouri · 2 listed addresses
- 9800 NW Polo Drive, Kansas City
- 142 W. Monroe, Kirkwood
New Jersey · 1 listed address
- 3393 Bargaintown Road, Egg Harbor Township
Texas · 1 listed address
- 5930 LBJ Parkway, Dallas
Other business names
VestGen Advisors has reported 17 other business names to the SEC.
- Vestgen
- Vestgen Advisors
- Vestgen Chicago
- Vestgen Downers Grove
- Vestgen Egg Harbor
- Vestgen Glen Ellyn
- Vestgen Inverness & Downers Grove
- Vestgen Kansas City
- Vestgen Key West
- Vestgen Kirkwood
- Vestgen Naperville
- Vestgen Oak Brook
Show all 17 names
- Vestgen Retirement Services
- Vestgen Schaumburg
- Vestgen South Barrington
- Vestgen St. Charles
- Vestgen Wealth Partners
Contact and registration details
- Legal name
- Vestgen Advisors, LLC
- Headquarters
- 1 North Franklin, Suite 1850, Chicago, IL 60606
- Website
- vestgen.com
- Phone
- 312-237-4446
- @vestgen-wealth-partners
- SEC file
- 801-123390
- Structure
- Illinois LLC
- Fiscal year end
- December
VestGen Advisors uses Fidelity ($236M, 47%), Pershing ($221M, 44%) and Charles Schwab ($50M, 10%) as custodians for its separately managed accounts. VestGen Advisors does not have custody of client assets.
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $221M44%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $50M10%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $236M47%
At year end, VestGen Advisors’ separately managed accounts were mostly in funds (65%) and stocks (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $3.43B across 1,091 positions; the largest are Vanguard Index Fds (4.0%), Vanguard Index Fds (2.7%) and Apple Inc. (2.6%).
What the accounts hold
- Stocks24%
- Exchange-traded equities23%
- Non-exchange-traded equities1%
- Funds65%
- Registered funds64%
- Pooled vehicles1%
- Bonds1%
- Cash6%
- Other4%
- Alternative assets4%
Reported 13F holdings
- $3.43B
- Reported 13F value
- 1,091
- Positions
- 22.1%
- In the 10 largest
- −8.8%
- Value vs. prior quarter
- Vanguard Index Fds · Total Stk Mkt4.0%
- Vanguard Index Fds · Value ETF2.7%
- Apple Inc.2.6%
- Nvidia Corporation2.6%
- Invesco Qqq TR · Unit Ser 12.1%
- Gaming & Leisure P2.1%
- State Str SPDR S&P 500 ETF T · TR Unit1.6%
- Amazon Com Inc.1.6%
- Alphabet Inc. · Cap Stk CL C1.5%
- Vanguard Index Fds · Growth ETF1.3%
Together, the ten largest are 22.1% of reported value.
How many clients does VestGen Advisors have?
VestGen Advisors has 22,790 clients and manages $6.67 billion for them, as of September 2026. They include 21,477 individual clients and 1,313 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 September 2026
What services does VestGen Advisors offer?
VestGen Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does VestGen Advisors charge?
VestGen Advisors charges up to 2.50% a year for its VGA Investment Management Fees. The fee is billed in advance or in arrears and is negotiable.
Which custodians does VestGen Advisors use?
VestGen Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $236M, Pershing Advisor Solutions LLC (Jersey City, NJ), with $221M and Charles Schwab & Co., Inc. (San Francisco, CA), with $50M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 September 2026
How many financial advisors does VestGen Advisors have?
VestGen Advisors has 50 investment adviser representatives registered with state securities authorities, out of 165 employees, and 58 perform investment advisory functions. 40 employees are registered representatives of a broker-dealer and 30 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 VestGen Advisors invest in?
At the end of its last fiscal year, VestGen Advisors’ separately managed accounts held 64% registered funds (mutual funds, ETFs, BDCs), 23% exchange-traded equities, 6% cash and equivalents, 4% other, 1% non-exchange-traded equities, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar). The 4% other category is described as: Alternative Assets.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns VestGen Advisors?
VestGen Advisors’ direct owner is Vestgen Wealth Partners Holdings LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 11 September 2026
How does VestGen Advisors get paid?
VestGen Advisors 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 VestGen Advisors registered with the SEC?
Yes, VestGen Advisors has been registered with the SEC as an investment adviser since 4 March 2022. Its CRD number is 318657 and its SEC file number is 801-123390.
Source: Form ADV Part 1A, Item 1, filed 11 September 2026; IAPD firm record
How do I contact VestGen Advisors?
VestGen Advisors’ main office is at 1 North Franklin, Suite 1850, Chicago, IL 60606. Its phone number is 312-237-4446. Its website is vestgen.com.