Riverbend Planning Group LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$39,100,000
Total clients
44
30% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
44
Average account size
$888,636
About
Riverbend Planning Group provides portfolio management and comprehensive financial planning to individual clients (including high‑net‑worth individuals) as well as a range of institutional clients such as corporate pension and profit‑sharing plans, foundations and other institutions. The firm reports managing roughly $39 million across about 44 client relationships and offers both discretionary and non‑discretionary management plus planning services covering retirement, tax, estate, employee‑benefit and risk‑management matters.
The adviser tailors asset allocations to each client’s objectives and risk tolerance, monitors accounts regularly (typically quarterly) and implements rebalancing and reallocations for discretionary mandates while generally using a buy‑and‑hold approach for non‑discretionary accounts. Portfolios emphasize diversification across asset categories and managers, and performance is compared to asset‑class benchmarks as part of ongoing monitoring.
Notable for a small independent firm, Riverbend explicitly documents expected time commitments for planning engagements (the brochure indicates the firm typically spends about 10–15 hours per week on planning projects) and serves an atypically broad client mix that includes institutions. The firm discloses a sub‑advisory agreement with another advisory firm, that associated persons may sell insurance products (and receive commissions), and that the principal maintains an outside consulting business and was subject to a bankruptcy petition in 2012 — all of which the brochure identifies and discloses as potential conflicts of interest.
Client services
Expertise
Fee options
Fixed fees generally between $3,000 and $5,000 annually
$0 - $1,000,000: 1.35% $1,000,001 - $2,000,000: 1.00% $2,000,001+: negotiable
$350 to $500 per hour, first hour free
Fee-only: Hourly fees ranging from $350 to $500 per hour; Fixed fees between $3,000 and $5,000 annually
Main office location
Riverbend Planning Group LLC
211 W. Wacker Dr., Suite 325
Chicago IL 60606, United States
Number of offices
1
Most active in
Illinois · Indiana
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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