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Financial Elements, Inc

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Client assets under management

$191,311,810

Clients

122

48% high-net worth

Advisors

1

of 2 employees

Firm type

Independent

1 advisor

Clients per advisor

122

Very High

Average 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

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

Percentage

$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

Project-based

$400 - $500 per hour for financial planning and consulting services

Other

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

Florida · Illinois · Texas · Washington

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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