4Wealth Advisors, Inc

CRD#129727
Investment Advisor Firm

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Learn more about 4Wealth Advisors, Inc

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    4Wealth Advisors, Inc operates as an advisory firm headquartered in Willowbrook, Illinois. It controls $173.5 million in total assets over 1,019 client accounts, making it a mid-tier firm in the nation by assets under management (AUM). It has a small team, including 8 financial advisors. 4Wealth Advisors, Inc is not a registered broker-dealer, meaning the firm is not able to buy and sell securities for its accounts and those of its customers and instead has to go through a broker-dealer company to do so. Securities are tradable fiscal investments like equities, options and bonds.

    4Wealth Advisors, Inc oversees more than half of the company's client assets on a discretionary basis. Discretionary management means that an investment advisor has the discretion to make buy and sell choices without needing the client's consent. The firm also manages 45 non-discretionary accounts with a total of $41.5 million in AUM. The company's typical account size is $170,219. The typical financial advisor at 4Wealth Advisors, Inc administers around 127 client accounts.

    4Wealth Advisors, Inc's central office is located at 745 Mcclintock Drive, Willowbrook, Illinois 60527-6490. It is registered to provide services to customers across a few states, including Arizona, Florida, Illinois, Indiana, Louisiana, Nebraska, Texas and Wisconsin.

    Assets Under Management

    $173.5 million

    Number of Advisors

    8

    Disclosures

    No

    Office Location

    745 Mcclintock Drive
    Willowbrook, IL 60527-6490

    4Wealth Advisors, Inc by the Numbers

    Total Assets Under Management

    $173.5 million

    National Average: $8.6 billion
    Total Number of Employees

    11

    National Average: 64
    Total Number of Accounts

    1,019

    National Average: 375,227
    Average Account Size

    $170.2 thousand

    National Average: $23.0 thousand
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    Products and Services

    4Wealth Advisors, Inc offers a number of services, which can include financial planning services, portfolio management for individuals and small businesses, pension consulting services and selection of other advisers. However, the company did not provide any of its customers with financial planning services in the last fiscal year. It is not engaged in selling products or offering services apart from investment advisory services to its investment advisory accounts. It is affiliated with a number of other companies in the financial services industry, including with an accountant or accounting firm and insurance company or agency.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

    • Offered by 20% of firms

      Selection of Other Advisors

      This is the firm's assistance with choosing other advisors to work with who may have different specialties.

    • Find a firm that offers this service

      Publication of Periodicals

      This is the publication of various financial education materials.

    • Find a firm that offers this service

      Educational Seminars/Workshops

      This is the hosting of seminars or workshops to educate investors on financial concepts.

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    Fee Structure

    Financial advisory fees usually vary depending on the financial services provided. However, fees billed by the firm likely include any combination of the following fee types: asset-based, hourly, fixed or other. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 21% of firms

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Offered by 10% of firms

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Unavailable

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

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    Types of Clients

    It caters to retail investors, high net worth investors and pension plans. Out of its 1,019 customers, 4Wealth Advisors, Inc's biggest client group is retail investors, although it also caters to 35 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an investor who has at least $750,000 in AUM or a net worth of more than $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the firm's customers are non-U.S. persons.

    • High-Net-Worth Individuals* - 6.78%
    • Other Individuals - 78.88%
    • Corporations - 14.34%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    4Wealth Advisors, Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at 4Wealth Advisors, Inc

    Peter Steigerwald
    Fountain Hills, AZ
    Ryan Kavois
    Orland Park, IL
    William Tasker
    Warrenville, IL
    Terrence Heafey
    Orland Park, IL
    Christopher Gonzales
    Orland Park, IL
    Hally Dunn
    Elmwood Park, IL
    Peter Recchia
    Elmwood Park, IL
    Rita Bunch
    Willowbrook, IL

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