Forum Financial Management, Lp
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Overview
Forum Financial Management, Lp is located at 1900 South Highland Avenue, Lombard, IL. The firm employs 89 financial advisors to manage client portfolios and provide financial guidance. Forum Financial Management, Lp is not a registered broker-dealer.
Forum Financial Management, Lp oversees $8.5 billion in assets under management across 21,698 accounts, of which 21,444 are discretionary and 254 are non-discretionary. Over the past year, the firm has provided financial planning services to 5,000 clients. The services offered include financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, and pension consulting services. The firm caters to retail investors, high net worth investors, pension plans, charitable organizations, other investment advisers, and corporations, with retail investors being the largest client type by accounts. The fee structure at Forum Financial Management, Lp includes asset-based and fixed fees. The firm has 1,300 high net worth clients and maintains affiliations with an accountant or accounting firm and a lawyer or law firm.
Forum Financial Management, Lp is registered in the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Forum Financial Management, Lp by the Numbers
$8.5 billion
145
21,698
$393.2 thousand
Products and Services
Forum Financial Management, Lp offers a number of financial services, which can consist of financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, and pension consulting services. In the last financial year, Forum Financial Management, Lp provided financial planning services to 5000 of its customers. The Firm is not involved in selling products or offering services aside from investment advice to its investment advisory clients.
Core Advisor Services
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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.
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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.
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Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
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Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Publication of Periodicals
This is the publication of various financial education materials.
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Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees charged by financial advisors usually are based on which services are provided. Fees charged by Forum Financial Management, Lp likely include some combination of the following fee structures: asset-based or fixed.
Available
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Offered by 69% of firms
Percentage of Assets
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Offered by 32% of firms
Fixed
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The firm works with a broad range of clients. It works with retail investors, high net worth investors, pension plans, charitable organizations, other investment advisers, and corporations. Out of its 6 clients, Forum Financial Management, Lp's largest client type by number of accounts is high net worth investors, although it also serves 1300 high-net-worth individuals. The SEC defines a high-net-worth individual as an investor who has at least $750,000 in AUM or a net worth of at least $1,50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments).
- High-Net-Worth Individuals* - 24.67%
- Other Individuals - 72.81%
- Corporations - 2.37%
- Charitable Organizations - 0.15%
* 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
Forum Financial Management, Lp does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Forum Financial Management, Lp
Lombard, IL
Thousand Oaks, CA
Miami, FL
Lombard, IL
Lombard, IL
Lombard, IL
San Diego, CA
Lombard, IL
Saint Charles, IL
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SmartAsset’s free advisor matching tool makes it easier to find a vetted advisor so you can make an informed decision and choose one that you feel best suits your individual needs. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 6/19/2024. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
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