Daybreak Wealth, LLC logo

Daybreak Wealth, LLC

Updated today

Client assets under management

$54,292,683

Clients

23

70% high-net worth

Advisors

1

of 1 employees

Firm type

Independent

1 advisor

Clients per advisor

23

Typical

Average account size

$2,360,551

About

The firm is a state-registered, single-advisor independent practice that serves individuals, high-net-worth clients, and estates and trusts, offering ongoing wealth management and one-time financial planning engagements. Services typically include discretionary portfolio management, customized financial planning, and implementation support, with the option to convert one-time planning clients into ongoing management.

The adviser follows a primarily passive, long-term investment approach grounded in Modern Portfolio Theory, the Efficient Market Hypothesis, and the Fama–French three-factor model, building diversified portfolios using low-cost mutual funds and ETFs and selected fixed-income holdings. Portfolios are tailored to client goals and risk tolerance, with periodic rebalancing and the ability to impose client-directed investment restrictions.

What distinguishes this practice from many peers is its billing model: instead of the more common percentage-of-assets fee, the firm uses negotiated flat annual fees assessed quarterly within a tiered structure and applies credits when one-time planning clients move to ongoing management. The practice also manages a relatively large asset base across a small client roster and provides a few client-specific accommodations—such as managing certain child accounts up to a specified age under higher service tiers—that reflect a boutique, highly personalized service model.

Client services

Financial planning Portfolio management

Expertise

College savings (529s, UTMA, etc.) Cash flow / budgeting Wealth management Passive / index investing

Fee options

Fixed

Financial Planning Services fixed fee up to $6,500; Wealth Management Services flat annual fees by tier.

Percentage

$500,000 - $1,490,000: $9,000 per year (flat fee) $1,500,000 - $5,000,000: $16,000 per year (flat fee) $5,100,000 - $8,000,000: $36,000 per year (flat fee)

Other

Account minimum: $500,000 Minimum fee: Financial Planning Services fixed fee up to $6,500; Wealth Management Services flat fees: Tier 1 - $9,000/year, Tier 2 - $16,000/year, Tier 3 - $36,000/year Fee-only: Financial Planning with fixed fees; Wealth Management with flat fees by tier; no commissions received.

Main office location

Daybreak Wealth, LLC

19 N Grant Street

Hinsdale IL 60521, United States

Number of offices

1

Most active in

Illinois

Disclosures

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

Business activities & affiliations

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