Woodfield Financial Advisors, Inc.

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Client assets under management

$202,674,300

Clients

383

36% high-net worth

Advisors

of 3 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

128

Very High

Average account size

$529,176

About

Woodfield Financial Advisors provides personalized financial planning and investment management to individuals, pension and profit‑sharing plans, trusts, estates, charitable organizations, and small businesses. The firm manages roughly $230 million for several hundred client relationships and offers services that include portfolio management, retirement and estate planning, education funding, insurance reviews, and cash‑flow and tax planning.

The firm typically builds portfolios around an agreed asset allocation derived from an initial interview and written risk questionnaire, implements investments across mutual funds and ETFs, and rebalances semi‑annually while monitoring client reaction to market movements. It offers both ongoing discretionary management and one‑time or limited‑scope planning engagements (hourly or single‑fee), providing written evaluations, net worth statements, and periodic account reviews.

Compared with many peers, the firm both sells insurance products and discloses it may earn commissions on those sales, and it conducts detailed insurance planning and implementation as part of its practice. It has also created a DBA focused on serving individuals who inherit $1,000,000 or more and recently implemented a succession plan that allocated minority ownership stakes to senior staff, features that are less common among similarly sized supported firms.

Client services

Financial planning Portfolio management

Expertise

Inherited wealth General retirement planning General tax planning Cash flow / budgeting

Fee options

Fixed

Single fee planning engagements ranging from $600 to $15,000 depending on scope and complexity.

Percentage

$0 - $5,000,000: 1.00% annually Above $5,000,000 - $10,000,000: 0.80% annually Above $10,000,000+: 0.50% annually

Commissions

May earn commissions from sale of insurance products; advisory fees not charged on products that pay a commission.

Project-based

$350 per hour for limited scope engagements.

Main office location

Woodfield Financial Advisors, Inc.

21660 W. Field Pkwy Suite 290

Deer Park IL 60010, United States

Number of offices

Most active in

Arizona · Florida · Illinois · Maryland · Tennessee · Wisconsin

Disclosures

Business activities & affiliations

Is active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Is not active or affiliated with:

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Facebook Website 847-726-9600

Advisors at this firm

James D

CFP®, Series 63

Deer Park, IL

Woodfield Financial Advisors, Inc.

James Dobbs is a CFP® with 28 years of industry experience. He has been with Woodfield Financial Advisors, Inc. since 2009. Woodfield Financial Advisors serves individuals, including high-net-worth clients, trusts, estates, pension and profit-sharing plans, charitable organizations, small businesses, and other business entities. The firm provides financial planning, investment advisory, portfolio management, and insurance review services, developing tailored asset-allocation models that are implemented and monitored with periodic reviews and semiannual rebalancing.

Inherited wealth General retirement planning General tax planning Cash flow / budgeting

Martin K

CFP®, Series 65

Deer Park, IL

Woodfield Financial Advisors, Inc.

Martin Konsor is a CFP® professional with 10 years of industry experience, currently serving at Woodfield Financial Advisors, Inc. He has been employed at Zurich North America since 2012. Woodfield Financial Advisors serves a diverse client base including individuals, high-net-worth clients, trusts, estates, pension and profit-sharing plans, charitable organizations, and small businesses. The firm offers financial planning, investment advisory, portfolio management, and insurance review services, implementing tailored asset-allocation models based on fundamental analysis and ongoing portfolio monitoring.

Inherited wealth General retirement planning General tax planning Cash flow / budgeting

Donald M

CFP®, Series 63, Series 66

Deer Park, IL

Woodfield Financial Advisors, Inc.

Donald Monsen is a CFP® professional with 18 years of industry experience. He is affiliated with Woodfield Financial Advisors, Inc. in Deer Park, IL, and has prior experience with Independent Financial Group LLC and Woodfield Planning Corp. Woodfield Financial Advisors serves individuals, trusts, estates, pension and profit-sharing plans, charitable organizations, and small businesses. The firm provides financial planning, investment advisory, and portfolio management services, developing tailored asset-allocation models implemented through mutual funds and ETFs, with ongoing portfolio monitoring and periodic rebalancing.

Inherited wealth General retirement planning General tax planning Cash flow / budgeting

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