Financial Elements, Inc
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$191,311,810
This total excludes 2 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Clients
122
48% high-net worth
Advisors
1
of 2 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
122
Very HighAverage account size
$1,568,130
About
The firm provides comprehensive financial planning and ongoing consulting alongside discretionary investment management for individual clients (including high‑net‑worth and non‑HNW households), as well as trusts, estates, charitable organizations, and business entities. Services are delivered on a fee‑only basis rather than by commission, with portfolio management for individuals as a core offering.
Its investment approach emphasizes strategic asset allocation informed by Modern Portfolio Theory, building globally diversified portfolios primarily with mutual funds and ETFs and guided by a written Investment Policy Statement for each client; the firm monitors portfolios for rebalancing and longer‑term risk control rather than short‑term trading. The firm typically recommends a major broker‑dealer/custodian for client accounts and discloses receipt of client‑support services from that custodian, and it openly discusses potential conflicts around recommendations such as retirement‑plan rollovers to IRAs it would manage.
Distinctive features include managing roughly $193 million on a discretionary basis while operating as a small, fee‑only advisory practice with multiple professional fiduciary credentials and a NAPFA fee‑only affiliation, which underscores an emphasis on fiduciary advice. The firm recently transitioned to SEC registration, maintains policies that differ from many peers (for example, generally not voting client proxies, not accepting custody except to facilitate fee deductions, and a stated trade‑error reimbursement practice), and discloses conflicts and procedural safeguards in its brochure.
Client services
Financial planning
Portfolio management
Expertise
General retirement planning
Income planning
General tax planning
College savings (529s, UTMA, etc.)
Fee options
Fixed fees generally range from $3,000 to $10,000 for financial planning; portfolio setup fee $500 to $2,500 for clients not using planning services
$0 - $500,000: 1.00% annually $500,001 - $1,000,000: 0.75% annually $1,000,001 - $3,000,000: 0.50% annually $3,000,001 - $5,000,000: 0.40% annually $5,000,001+: 0.30% annually
$400 - $500 per hour for financial planning and consulting services
Account minimum: $250,000 minimum for investment management services; $500 minimum engagement for financial planning services Fee-only: Investment management fees are fee-only; no commissions or 12b-1 fees accepted.
Main office location
Financial Elements, Inc
1861 Hicks Road Suite D
Rolling Meadows IL 60008, United States
Number of offices
1
Most active in
Financial Elements, Inc has reported serving >5 clients in these states in the last 12 months.
Florida · Illinois · Texas · Washington
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
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.
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