NivaLet’s talk

Top 3 financial advisor firms in Highland Park

3 SEC-registered financial advisor firms are headquartered in Highland Park, IL, with $2.55B in combined regulatory assets under management. The largest by assets are Fort Sheridan Advisors ($1.03B), New Vernon Wealth Management ($781M) and Walled Lake Planning & Wealth Management ($732M).

3
Financial advisor firms
$2.55B
Their combined AUM
$781M
Median firm AUM
945
Clients of the top 3

The 3 largest by assets

  1. 1
    Fort Sheridan Advisors

    RIA

    $1.03B

  2. 2
    New Vernon Wealth Management

    RIA

    $781M

  3. 3
    Walled Lake Planning & Wealth Management

    RIA

    $732M

Profiles of the top 3

No. 1 · RIA

Fort Sheridan Advisors

Fort Sheridan Advisors is an investment adviser based in Highland Park, IL, registered with the SEC since 2009. It provides investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $1.03 billion, as filed on 27 August 2026.

Fort Sheridan Advisors charges up to 1.00% for its Discretionary Asset Management & Sub-Adviser Fees. The brochure does not state whether the rate is annual.

Regulatory AUM
$1.03B
Clients
389
Advisory staff
7
Founded
2009
Fee schedule
Up to 1.00%
Custodians
Fidelity, Interactive Brokers, Charles Schwab
Headquarters
600 Central Avenue, Suite 365, Highland Park, IL 60035
Phone
847-559-9700
Website
fortllc.com

No. 2 · RIA

New Vernon Wealth Management

New Vernon Wealth Management is an investment adviser based in Highland Park, IL, registered with the SEC since 2013. It provides investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $781 million, as filed on 31 March 2026.

New Vernon Wealth Management charges 0.85%–1.50% a year for its Advisory Fees.

Regulatory AUM
$781M
Clients
187
Advisory staff
5
Founded
2003
Fee schedule
0.85% to 1.50% a year
Custodians
Pershing
Headquarters
799 Central Ave, Suite 350, Highland Park, IL 60035
Phone
847-926-5700
Website
newvernonwealth.com

No. 3 · RIA

Walled Lake Planning & Wealth Management

Walled Lake Planning & Wealth Management is an investment adviser based in Highland Park, IL, registered with the SEC since 2018. It provides financial planning and investment management. Its clients include individual clients, high-net-worth individuals, and pension and profit-sharing plans. Its regulatory assets under management total $732 million, as filed on 6 March 2026.

Walled Lake Planning & Wealth Management charges 0.80%–1.25% a year for its Wealth management services.

Regulatory AUM
$732M
Clients
369
Advisory staff
5
Fee schedule
0.80% to 1.25% a year
Custodians
Fidelity
Headquarters
600 Elm Place, Highland Park, IL 60035
Phone
847-616-2590
Website
wlpwm.com

Questions about financial advisors in Highland Park

How many financial advisor firms are headquartered in Highland Park?

3 SEC-registered financial advisor firms report their principal office in Highland Park, IL, managing $2.55B in regulatory assets between them. The other 2 advisers headquartered in the city are broker-dealers, other kinds of wealth firm, or fund and institutional managers.

Source: Form ADV Part 1A, Items 1.F, 5.D and 5.F

What is the largest financial advisor firm in Highland Park?

Fort Sheridan Advisors, with $1.03B in regulatory assets under management on its latest Form ADV. The next largest are New Vernon Wealth Management ($781M) and Walled Lake Planning & Wealth Management ($732M).

Source: Form ADV Part 1A, Item 5.F

How large is a typical financial advisor firm in Highland Park?

The median firm manages $781M in regulatory assets. That is the midpoint of the 3 firms headquartered in Highland Park.

Source: Form ADV Part 1A, Item 5.F

How much do financial advisors in Highland Park charge?

Of the 3 largest firms, 3 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 1.00% to 1.50% of assets, depending on the firm; each firm's fee is in its profile above.

Source: Form ADV Part 2A brochures, Item 5

How can I check a financial advisor's record in Highland Park?

Search the firm or the person on the SEC's Investment Adviser Public Disclosure site, adviserinfo.sec.gov, which shows registrations, Form ADV filings and any disclosures. Each firm profile in this directory links its SEC record.

Source: SEC Investment Adviser Public Disclosure

How is this list ordered?

By regulatory assets under management as filed on Form ADV, largest first. A firm is included when its principal office is in the city and most of its client assets belong to individuals and its type is RIA, which leaves out broker-dealers, wirehouses, RIA networks, digital advice, bank, insurance and family-office firms. A firm with only a branch office here is listed in its own headquarters city.

Source: Niva directory methodology

Highland Park has 3 financial advisor firms; see every adviser in the city →

Top financial advisor firms in other Illinois cities