Michael
Cava

River Street Advisors, LLC

CRD#1590094
Investment Advisor
in Aurora, IL

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About this Advisor

Michael Cava is a certified financial planner and chartered financial analyst based in Aurora, Illinois with 5 years of industry experience. Cava is an employee of River Street Advisors, LLC. During their career, Cava has held roles at River Street Advisors, LLC, Fifth Third Private Bank, Bmo Private Bank and Old Second National Bank. Cava maintains a Series 63 license, which qualifies them as a securities representative, and can work in Illinois. River Street Advisors, LLC is a financial advisory business that has its headquarters in Aurora, IL. The company has offices in four locations and a total of 12 financial advisors. It manages $205 million in assets under management between its 652 client accounts, making it one of the mid-sized financial advisory firms in the country by assets under management. The firm provides financial advisory services to two charities and foundations. Of its 652 accounts, 19% are associated with high-net-worth individuals who have more than $1 million in assets. River Street Advisors, LLC offers a few services, including financial planning services, portfolio management for individuals and small businesses and portfolio management for institutional clients. Fees charged by financial advisors usually are based on the financial services offered. However, fees billed by River Street Advisors, LLC likely consist of any combination of asset-based and fixed fees.

Certifications and Registrations

Series 63, CERTIFIED FINANCIAL PLANNER™, Chartered Financial Analyst

Years Registered*

5 years

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Portfolio management for businesses or institutional clients

Fee Structure

Percentage of Assets, Fixed Fees

Office Location

37 S. River Street
Aurora, IL 60506

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River Street Advisors, LLC Brokerage Details

Total Assets Under Management

$204,601,868

IL Average: $6,674,516,078
Total Number of Employees

12

IL Average: 44
Total Number of Accounts

652

IL Average: 2,564
Average Account Size

$313,807

IL Average: $2,603,165

Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Portfolio management for businesses or institutional clients

Michael Cava Work History

Michael has been registered as a financial advisor for 5 years.*

2018 - Present (6 years)

River Street Advisors, LLC

2018 - Present (6 years)

Old Second National Bank

2014 - 2018 (4 years)

Fifth Third Private Bank

2004 - 2014 (10 years)

Bmo Private Bank

*The number of years registered in this profile is calculated by taking the year of an advisor's first active registration and subtracting it from the current year.

Disclosures

Please visit the SEC profile of Michael Cava to learn whether or not they have any disclosures. It is important to do your due diligence when looking for an advisor.

Financial Advisors at River Street Advisors, LLC

Jacqueline Runnberg
Aurora, IL
Travis Buoy
Aurora, IL
Steven Meves
Aurora, IL
Richard Gartelmann
Aurora, IL
Bradley Johnson
Aurora, IL
Yamilet Suarez
Aurora, IL
Amy Lynch
Aurora, IL
Michael Cava
Aurora, IL

The content in this profile was updated by SmartAsset on 4/16/2023. 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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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

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