Zimmerman Wealth Management provides financial planning, portfolio management for individuals and small businesses, business succession planning, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Zimmerman Wealth Management reports 225 clients. They include 216 high-net-worth individuals and 9 individual clients. Of its assets, 99.1% ($468M across 213 accounts) are managed with discretion; $4.33M across 12 accounts are not. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 4% | <1% |
| High-net-worth individuals | 96% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 9 | $146K | 0.0% | $16.2K |
| High-net-worth individuals | 216 | $472M | 100.0% | $2.19M |
| Total | 225 | $472M | 100% | $2.1M |
- Clients
- 9
- Regulatory AUM
- $146K
- AUM share
- 0.0%
- Avg. per client
- $16.2K
- Clients
- 216
- Regulatory AUM
- $472M
- AUM share
- 100.0%
- Avg. per client
- $2.19M
Total
- Clients
- 225
- Regulatory AUM
- $472M
- AUM share
- 100%
- Avg. per client
- $2.1M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Zimmerman Wealth Management charges 0.50%–1.00% a year for its Individual portfolio management fees. The fee is billed in advance, is negotiable, has a $20,000 annual minimum and requires an account of at least $2,000,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Financial planning is charged hourly at $95 to $600, as a fixed fee of $8,500 to $20,000, or as a percentage of assets at the portfolio rates.
Thomas Zimmerman owns 75% or more of Zimmerman Wealth Management. The leadership team of Zimmerman Wealth Management includes Chief Compliance Officer Thomas Zimmerman. It has 7 employees, 5 of them in advisory roles.
Staff
- 7 employees
- 5 in advisory functions
- 4 state-registered reps
- Owns 75% or more of Zimmerman Wealth Management, LLC
Thomas Zimmerman
Control person · since October 2004
Zimmerman Wealth Management’s regulatory assets grew 1.6× from $304M (March 2021) to $472M (August 2026); clients rose from 138 to 225 and employees from 5 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $472M | 225 | 7 | 1 |
| Mar 2025March 2025 | $447M | 210 | 6 | 1 |
| Mar 2024March 2024 | $388M | 206 | 7 | 1 |
| Apr 2023April 2023 | $339M | 185 | 6 | 1 |
| Mar 2022March 2022 | $340M | 168 | 6 | 1 |
| Mar 2021March 2021 | $304M | 138 | 5 | 1 |
Besides its headquarters, Zimmerman Wealth Management has 0 offices, with 1 listed address in 1 state.
Illinois · 1 listed address
- 500 Davis Street, Suite 1005, EvanstonHQ
Contact and registration details
- Legal name
- Zimmerman Wealth Management, LLC
- Headquarters
- 500 Davis Street, Suite 1005, Evanston, IL 60201
- Website
- zimmermanwealth.com
- Phone
- 847-556-3200
- SEC file
- 801-62210
- Founded
- 2003
- Structure
- Delaware LLC
- Fiscal year end
- December
Zimmerman Wealth Management’s named custodian for separately managed accounts is Fidelity ($283M). Zimmerman Wealth Management does not have custody of client assets.
- FidelityFidelity Investments · Boston, MA · $283M100%
At year end, Zimmerman Wealth Management’s separately managed accounts were largely in funds (48%) and stocks (38%).
What the accounts hold
- Stocks38%
- Funds48%
- Bonds10%
- Cash5%
How many clients does Zimmerman Wealth Management have?
Zimmerman Wealth Management has 225 clients and manages $472 million for them, as of August 2026. They include 216 high-net-worth individuals and 9 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 August 2026
What services does Zimmerman Wealth Management offer?
Zimmerman Wealth Management provides financial planning, portfolio management for individuals and small businesses, business succession planning, estate planning, insurance, philanthropic planning, 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
How much does Zimmerman Wealth Management charge?
Zimmerman Wealth Management charges 0.50%–1.00% a year for its Individual portfolio management fees. The fee is billed in advance, is negotiable, has a $20,000 annual minimum and requires an account of at least $2,000,000.
Source: ZIMMERMAN WEALTH MANAGMENT, LLC 2026 UPDATED BROCHURE, filed 27 August 2026
Which custodians does Zimmerman Wealth Management use?
Zimmerman Wealth Management’s separately managed account assets are held at Fidelity Investments (Boston, MA), with $283M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 August 2026
How many financial advisors does Zimmerman Wealth Management have?
Zimmerman Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 7 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Zimmerman Wealth Management invest in?
At the end of its last fiscal year, Zimmerman Wealth Management’s separately managed accounts held 48% registered funds (mutual funds, ETFs, BDCs), 38% exchange-traded equities, 10% U.S. government and agency bonds and 5% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Zimmerman Wealth Management have a minimum investment?
Yes, Zimmerman Wealth Management’s minimum account size for its Individual portfolio management fees is $2M. It charges a $20K annual minimum fee.
Source: ZIMMERMAN WEALTH MANAGMENT, LLC 2026 UPDATED BROCHURE, filed 27 August 2026
Who owns Zimmerman Wealth Management?
Zimmerman Wealth Management’s direct owner is Thomas Zimmerman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 August 2026
How does Zimmerman Wealth Management get paid?
Zimmerman Wealth Management is paid through a percentage of assets under management 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 Zimmerman Wealth Management?
Zimmerman Wealth Management’s main office is at 500 Davis Street, Suite 1005, Evanston, IL 60201. Its phone number is 847-556-3200. Its website is zimmermanwealth.com.
