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Chicago Wealth Management, Inc.

Updated today

Client assets under management

$349,796,423

Clients

288

40% high-net worth

Advisors

4

of 6 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

72

High

Average account size

$1,214,571

About

Chicago Wealth Management provides investment management and financial planning primarily to high‑net‑worth and high‑income individuals, as well as non‑profit and institutional clients. The firm offers discretionary and non‑discretionary portfolio management, comprehensive financial planning, and retirement plan consulting, including serving as a 3(38) investment manager for qualified plans.

CWM employs a tactical investment approach that seeks to maximize absolute long‑term return while seeking to limit large portfolio losses, using allocations across equities, ETFs, mutual funds, fixed income, and options as appropriate, with ongoing monitoring and model‑driven rebalancing. The firm also uses third‑party platforms (Advyzon and Pontera) to aggregate and manage held‑away accounts and has an AI policy governing limited use of AI tools to support analysis and reporting.

Noteworthy for a team of its size, CWM operates from five offices, a less common footprint among peer firms. The firm also permits borrowing against client assets (margin and pledged‑asset loans) in separately managed accounts and discloses that margined values are included in fee calculations and that it generally does not recommend borrowing for investment purposes, a potential conflict it documents and manages.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Retirement income strategy Annuities College savings (529s, UTMA, etc.) Options & derivatives strategies

Occupation focus

Founder/Business Owner Retired

Fee options

Fixed

Occasionally charged for financial planning or consulting services; separate Financial Planning and Consulting Agreement required; fees vary

Percentage

$0 - $500,000: 1.25% $500,001 - $2,500,000: 1.00% $2,500,001 - $5,000,000: 0.60% $5,000,001+: 0.40%

Project-based

Charged for stand-alone financial planning and consulting services based upon individual provider and scope of services

Main office location

Chicago Wealth Management, Inc.

Two North Riverside Plaza, Suite 1620

Chicago IL 60606, United States

Number of offices

5

Most active in

California · Florida · Illinois · Michigan · Pennsylvania · Texas · Wisconsin

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Whitney R

CFP®

Chicago, IL

Chicago Wealth Management, Inc.

Whitney Ribbens is a CFP® professional with nine years of industry experience, currently serving at Chicago Wealth Management, Inc. since 2010. She is part of a four-advisor team based in Chicago, IL. Chicago Wealth Management, Inc. manages approximately $307 million for individuals, non-profits, and institutional clients, offering discretionary and non-discretionary investment management, financial planning, and retirement plan consulting. The firm employs a tactical investment approach aimed at maximizing long-term returns while limiting large portfolio losses, utilizing a diversified mix of asset classes and proprietary signals for periodic rebalancing.

Retirement income strategy Annuities College savings (529s, UTMA, etc.) Options & derivatives strategies Founder/Business Owner Retired
user avatar

Jeffrey C

CFP®, Series 63, Series 65

Chicago, IL

Chicago Wealth Management, Inc.

Jeffrey Cribbs is a CFP® with 27 years of industry experience, currently serving at Chicago Wealth Management, Inc. since 2004. He is based in Chicago, IL, and holds Series 63 and Series 65 licenses. Chicago Wealth Management, Inc. is an SEC-registered advisory firm operating as a four-advisor team managing approximately $307 million for individuals, non-profits, and institutional clients. The firm employs a tactical investment approach focused on maximizing absolute long-term returns while limiting large portfolio losses, using a diversified mix of equities, ETFs, mutual funds, fixed income, and selective options strategies with periodic rebalancing.

Retirement income strategy Annuities College savings (529s, UTMA, etc.) Options & derivatives strategies Founder/Business Owner Retired
user avatar

Erica G

Series 65

Chicago, IL

Chicago Wealth Management, Inc.

Erica Gnilka is a financial advisor at Chicago Wealth Management, Inc. with a Series 65 designation and one year of industry experience. Prior to joining Chicago Wealth Management, she held positions at the Genetics & IVF Institute Inc., Rush University Medical Center, McDermott Will & Emery, and Nixon Peabody LLP. Chicago Wealth Management, Inc. is a four-advisor team managing approximately $307 million for individuals, non-profits, and institutional clients. The firm employs a tactical investment approach aiming to maximize long-term returns while limiting large losses, using a diversified mix of equities, ETFs, mutual funds, fixed income, and selective options strategies.

Retirement income strategy Annuities College savings (529s, UTMA, etc.) Options & derivatives strategies Founder/Business Owner Retired
user avatar

Nicholas T

Series 65

Chicago, IL

Chicago Wealth Management, Inc.

Nicholas Thompson is a financial advisor at Chicago Wealth Management, Inc. with 13 years of industry experience. He holds the Series 65 designation and has been with Chicago Wealth Management since 2007. Chicago Wealth Management, Inc. is an SEC-registered advisory firm operating as a four-advisor team managing approximately $307 million for individuals, non-profits, and institutional clients. The firm uses a tactical investment approach focused on maximizing absolute long-term returns while limiting large portfolio losses, employing a mix of equities, ETFs, mutual funds, fixed income, and selective options strategies with periodic rebalancing informed by proprietary signals.

Retirement income strategy Annuities College savings (529s, UTMA, etc.) Options & derivatives strategies Founder/Business Owner Retired
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