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Hendricks Wealth and Estate Management

Updated today

Client assets under management

$532,039,325

Clients

913

18% high-net worth

Advisors

6

of 7 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

152

Very High

Average account size

$582,737

About

Hendricks Wealth and Estate Management advises individuals (including high-net-worth clients), trusts, pension and profit-sharing plans, and business entities, providing comprehensive portfolio management, standalone financial planning and retirement plan consulting. Services include discretionary portfolio management across stocks, bonds, ETFs, options and other public and private securities, along with written financial plans or verbal consultations and ongoing account monitoring.

The firm’s investment process emphasizes tailored asset allocation and continuous monitoring with periodic rebalancing, drawing on a mix of fundamental, technical and cyclical analysis and mutual fund/ETF selection to fit clients’ objectives, risk tolerances and time horizons. It typically holds conservative cash positions (money market funds, CDs or government-backed instruments) for liquidity and fee administration and conducts at least annual reviews for managed accounts.

What distinguishes the firm from many peers is its formal affiliation with a law practice and related advisory ventures: several representatives are licensed attorneys with a separate law office and legal services are offered under separate engagement agreements, and the adviser is connected to a holding/owning entity and other advisory businesses. The firm also provides an unusually broad set of planning and consulting services for a wealth management practice — including corporate and personal tax planning, cost segregation studies, corporate-structure and real estate analysis, insurance placement and ERISA retirement-plan consulting — and discloses steps to address conflicts arising from insurance and legal licenses.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Income planning

Fee options

Fixed

Flat fees up to $10,000

Project-based

Hourly fees up to $695 per hour

Other

Fee-only: Hourly fees up to $695 per hour; Flat fees up to $10,000; Retainer fees not exceeding $1,200 when services cannot be rendered within 6 months

Main office location

Hendricks Wealth and Estate Management

2403 Harnish Dr.,, Suite 201

Algonquin IL 60102, United States

Number of offices

2

Most active in

Alabama · Arizona · California · Colorado · Florida · Georgia · Hawaii · Illinois · Indiana · Kentucky · Louisiana · Michigan · Nebraska · North Carolina · Ohio · Pennsylvania · Tennessee · 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

Thomas A

Series 65

Lakewood Ranch, FL

Hendricks Wealth and Estate Management

Thomas Anderson is a Series 65-licensed advisor at Hendricks Wealth and Estate Management with one year of industry experience. His prior work includes roles in insurance, education, and the hospitality sector. Hendricks Wealth and Estate Management serves individuals, high-net-worth clients, trusts, pension and profit-sharing plans, and business entities, providing portfolio management, financial planning, and retirement plan consulting. The firm uses a range of analytical approaches and offers coordinated legal, tax, and insurance services through cross-disciplinary affiliations.

Income planning
user avatar

Sean H

Series 65, Series 66

Algonquin, IL

Hendricks Wealth and Estate Management

Sean Hendricks is a financial advisor at Hendricks Wealth and Estate Management with eight years of industry experience. He holds Series 65 and Series 66 licenses and has worked at firms including Hero Investment Planners LLC and Foote, Meyers, Mielke & Flowers, LLC. Hendricks is also a licensed attorney in Illinois and operates Hendricks Law Office separately from his advisory work. Hendricks Wealth and Estate Management serves individuals, high-net-worth clients, trusts, pension and profit-sharing plans, and business entities. The firm provides comprehensive portfolio management, financial planning, and retirement plan consulting, employing a range of analytical approaches to tailor portfolios according to client objectives and risk tolerances.

Income planning
user avatar

Nanette K

Series 66

West Dundee, IL

Hendricks Wealth and Estate Management

Nanette Kastner is a financial advisor at Hendricks Wealth and Estate Management with 10 years of industry experience. She holds a Series 66 designation and has worked at JG Hendricks Financial Services LLC since 2017 and Cetera Advisors LLC since 2016. Outside of her advisory role, she serves as a basketball and volleyball referee. Hendricks Wealth and Estate Management advises individuals, high-net-worth clients, trusts, pension and profit-sharing plans, and business entities. The firm offers comprehensive portfolio management, financial planning, and retirement consulting, utilizing a range of analytical approaches to tailor portfolios according to client objectives and risk tolerances.

Income planning
user avatar

James M

Series 65

Algonquin, IL

Hendricks Wealth and Estate Management

James Madl is a financial advisor at Hendricks Wealth and Estate Management with a Series 65 designation and four years of industry experience. Prior to joining Hendricks Wealth and Estate Management in 2021, he worked at American Freight and Sears in various roles. Hendricks Wealth and Estate Management advises individuals, high-net-worth clients, trusts, pension and profit-sharing plans, and business entities, offering portfolio management, financial planning, and retirement plan consulting. The firm employs a range of analytical approaches and integrates financial planning with tax, insurance, and corporate-structure considerations, providing coordinated legal, tax, and insurance services through affiliated professionals.

Income planning
user avatar

Daniel L

Series 65

Algonquin, IL

Hendricks Wealth and Estate Management

Daniel Leitner is a financial advisor at Hendricks Wealth and Estate Management with a Series 65 designation and one year of industry experience. His prior work includes roles at Commerce Partners, LLC, Miller Commons, LLC, Rose Plaza Partners, and Haill 911. Leitner is involved as a creditor and warrant holder in AgTechLogic, a precision spray agriculture technology company. Hendricks Wealth and Estate Management serves individuals, high-net-worth clients, trusts, pension and profit-sharing plans, and business entities. The firm provides portfolio management, financial planning, and retirement plan consulting, employing a range of analytical approaches and offering coordinated legal, tax, and insurance services through affiliated professionals.

Income planning
user avatar

James H

CFP®, Series 66

West Dundee, IL

Hendricks Wealth and Estate Management

James Hendricks is a CFP® professional with 23 years of industry experience, currently serving at Hendricks Wealth and Estate Management. His prior roles include positions at Hero Investment Planners LLC, J.G. Hendricks Financial Services, Cetera Advisors LLC, and Investors Capital Corporation. He is also the owner of J.G. Hendricks Financial Services, where he works as an investment advisor. Hendricks Wealth and Estate Management advises individuals, high-net-worth clients, trusts, pension and profit-sharing plans, and business entities. The firm provides comprehensive portfolio management, financial planning, and retirement plan consulting, employing a range of analytical approaches and offering coordinated legal, tax, and insurance services through affiliated professionals.

Income planning
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