Fee Research

What Do Financial Advisors Cost in Illinois?

2026 data · 1,235 firms · 6,024 advisors · SEC Form ADV filings
01

Market Overview

Total Advisors
6,024
In Illinois
Total Firms
1,235
Registered firms
Comp. Types Reported
157
Distinct compensation types
02

Compensation Type Breakdown

How firms in Illinois charge for their services, based on Form ADV disclosures.

Percentage of AUM994 firms · 42%
Subscription fees448 firms · 19%
Performance-based fees406 firms · 17%
Hourly charges283 firms · 12%
Commissions41 firms · 2%
Other: SEE SCHEDULE D - MISCELLANEOUS23 firms · 1%
Fixed fees20 firms · 1%
Other: REFERRAL FEES4 firms · 0%
Other: THIRD PARTY ADVISORY FEES3 firms · 0%
Other: SOLICITOR/REFERRAL FEES3 firms · 0%
Other: EXPENSE REIMBURSEMENT3 firms · 0%
Other: REIMBURSEMENT OF EXPENSES3 firms · 0%
Other: CARRIED INTEREST2 firms · 0%
Other: A PERCENTAGE OF ASSETS OR REVENUES UNDER OUR CLIENTS' MANAGEMENT2 firms · 0%
Other: RETAINER BASED FEE2 firms · 0%
Other: TRANSACTION FEES2 firms · 0%
Other: PERCENTAGE OF ASSETS UNDER ADVISEMENT2 firms · 0%
Other: CARRIED INTEREST OR SHARE OF INCOME/CAPITAL GAINS2 firms · 0%
Other: A PERCENTAGE OF ASSETS1 firms · 0%
Other: A PERCENTAGE OF ASSETS UNDER 3RD PARTY MANAGEMENT1 firms · 0%
Other: A PERCENTAGE OF ASSETS UNDER ADVISORY SERVICES1 firms · 0%
Other: A PERCENTAGE OF CAPITAL COMMITTED, CONTRIBUTED, OR INVESTED1 firms · 0%
Other: A PERCENTAGE OF MANAGEMENT FEES1 firms · 0%
Other: A PERCENTAGE OF TOTAL NET WORTH1 firms · 0%
Other: A PORTION OF THE MUTUAL FUND MANAGEMENT FEE (BASED ON ASSET SIZE1 firms · 0%
Other: A PROFIT SPLIT OR COST PLUS BASIS1 firms · 0%
Other: AS A PERCENTAGE OF ASSETS UNDER ADVISEMENT1 firms · 0%
Other: ASSET-BASED FEE FOR PROVISION OF MODEL PORTFOLIOS1 firms · 0%
Other: ASSET FEES BASED ON INCOME AND FINANCE FEES.1 firms · 0%
Other: ASSOCIATED ACCOUNTS ARE NOT CHARGED FEES.1 firms · 0%
Other: AUA1 firms · 0%
Other: BASED ON NUMBER OF HOLDINGS FOR PORTFOLIO ACCOUNTING SERVICE1 firms · 0%
Other: BENEFICIAL TERMS ON PRIVATE INVESTMENTS1 firms · 0%
Other: BREAKUP, MONITORING, CONSULTING, DIRECTORS' FEES, ETC.1 firms · 0%
Other: CLIENT IS RESPONSIBLE FOR OPERATING EXPENSES OF THE ADVISER1 firms · 0%
Other: COMMISSIONS ON INSURANCE PRODUCTS ONLY1 firms · 0%
Other: COMPENSATED THROUGH SOLICITATION AGREEMENTS WITH OTHER IAS1 firms · 0%
Other: CONSULTING FEE1 firms · 0%
Other: CONSULTING FEES BASED ON SERVICES PROVIDED AND DURATION1 firms · 0%
Other: COST PLUS (WHEREIN RELATED PERSON AFFILIATE RECEIVES (1) & (6)1 firms · 0%
Other: DEVELOPMENT FEES1 firms · 0%
Other: DIRECT AUTHORIZED EXPENSES FOR CERTAIN CLIENTS1 firms · 0%
Other: DIRECT BILLING TO THE CUSTODIAN OF CLIENT ASSETS1 firms · 0%
Other: DISCRETIONARY BONUS1 firms · 0%
Other: EXPENSE PASS-THROUGH1 firms · 0%
Other: FEE BASED ON A PERCENTAGE OF ASSETS ADVISED ON1 firms · 0%
Other: FEES BASED ON CAPITAL COMMITMENTS1 firms · 0%
Other: FEES BASED ON PERCENTAGE OF ASSETS MANAGED BY 3RD PARTY ADVISORS1 firms · 0%
Other: FEES FOR EDUCATION WORKSHOPS1 firms · 0%
Other: FINANCIAL PLANNING FEES1 firms · 0%
Other: FIXED CHARGE PER ACCT/PERCENTAGE OF AUA/SUPERVISORY FEES-UITS1 firms · 0%
Other: FIXED FEES PER UNIT (UITS) FOR PORTFOLIO SUPERVISORY SERVICES1 firms · 0%
Other: FIXED QUARTERLY RETAINERS1 firms · 0%
Other: FLAT FEE (NEGOTIABLE)1 firms · 0%
Other: FLAT FEES ARE CHARGED FOR REPORTS PREPARED BY ADVISER1 firms · 0%
Other: FULCRUM FEE; ASSET-BASED FEE CONTINGENT ON PERFORMANCE1 firms · 0%
Other: INCENTIVE ALLOCATIONS1 firms · 0%
Other: INCENTIVE FEES1 firms · 0%
Other: INDEX LICENSING FEE1 firms · 0%
Other: INDIRECTLY PAID BY AFFILIATED ISSUER OF VARIABLE INSURANCE PRODU1 firms · 0%
Other: INSURANCE COMMISSIONS1 firms · 0%
Other: INTER-COMPANY ALLOCATION1 firms · 0%
Other: INTEREST INCOME-AN AFFILIATED GP MAY PAY THE REGISTRANT INTEREST1 firms · 0%
Other: MANAGEMENT FEES ARE BASED ON CONTRIBUTED CAPITAL.1 firms · 0%
Other: MINIMUM FEE IN CONTRACT1 firms · 0%
Other: MINIMUM FEES1 firms · 0%
Other: MONITORING FEES & OPERATIONS SERVICES FEES1 firms · 0%
Other: MONITORING FEES, TRANSACTION FEES1 firms · 0%
Other: MONTHLY SUBSCRIPTION FOR CUSTOMIZED PORTFOLIOS1 firms · 0%
Other: N/A. NO ADVISORY SERVICES AND NO ASSETS UNDER MANAGEMENT.1 firms · 0%
Other: N/A - SOLICITATION ONLY1 firms · 0%
Other: NEGOTIATED FEES FOR OTHER SERVICES PROVIDED.1 firms · 0%
Other: NO ADVISORY SERVICES PROVIDED1 firms · 0%
Other: NO COMPENSATION1 firms · 0%
Other: NO COMPENSATION RECEIVED1 firms · 0%
Other: NO FEES ARE CURRENTLY BEING COLLECTED.1 firms · 0%
Other: NON-DISCRETIONARY INVESTMENT CONSULTING SERVICES1 firms · 0%
Other: % OF ASSETS UNDER ADVISEMENT1 firms · 0%
Other: % OF COMMITMENT OR CONTRIBUTED CAPITAL1 firms · 0%
Other: OPERATING EXPENSE PASS THROUGH1 firms · 0%
Other: OPERATING FEE FOR ASSET MANAGEMENT PLATFORM1 firms · 0%
Other: ORIGINATION FEES FOR COMMERIAL MORTGAGE LENDING ACTIVITIES1 firms · 0%
Other: OTHER PERFORMANCE-BASED ALLOCATIONS (CARRIED INTEREST)1 firms · 0%
Other: OUT OF POCKET EXPENSES1 firms · 0%
Other: PARENT COMPANY PROVIDES COMPENSATION1 firms · 0%
Other: PASS THROUGH OF CERTAIN EXPENSES1 firms · 0%
Other: PERCENTAGE ASSETS UNDER CONSULTATION1 firms · 0%
Other: PERCENTAGE OF ADVISED ASSETS1 firms · 0%
Other: PERCENTAGE OF ASSETS ADVISED THAT ARE NOT REGULATORY AUM1 firms · 0%
Other: PERCENTAGE OF ASSETS FOR DISCRETIONARY FIDUCIARY CONSULTING1 firms · 0%
Other: PERCENTAGE OF ASSETS UNDER ADVISEMENT, BROKER VOTE1 firms · 0%
Other: PERCENTAGE OF ASSETS UNDER THIRD PARTY INVESTMENT MANAGEMENT1 firms · 0%
Other: PERCENTAGE OF INCOME1 firms · 0%
Other: PERCENTAGE OF NET SALES VALUES OF MUTUAL FUNDS/THIRD PARTY FEES1 firms · 0%
Other: PERCENTAGE OF NET WORTH1 firms · 0%
Other: PERCENTAGE OF NET WORTH AND INCOME1 firms · 0%
Other: PERCENTAGE OF THIRD PARTY ADVISER FEES1 firms · 0%
Other: PERCENT OF CAPITAL, PROPERTY MGT, ACQUISITION, CONSTRUCTION1 firms · 0%
Other: PERFORMANCE-BASED PROFIT ALLOCATION1 firms · 0%
Other: PER PROJECT FEES1 firms · 0%
Other: POOLED EMPLOYER PLAN CLIENTS-ASSET BASED FEES1 firms · 0%
Other: PORTFOLIO COMPANY MANAGEMENT AND TRANSACTION FEES1 firms · 0%
Other: PORTFOLIO COMPANY MANAGEMENT FEE1 firms · 0%
Other: PORTFOLIO MONITORING & TRANSACTION FEES1 firms · 0%
Other: PROPERTY MANAGEMENT FEES, ACQUISITION FEES, CONSTRUCTION SUPERVI1 firms · 0%
Other: PROVIDE MODEL PORTFOLIO DATA TO CLIENTS1 firms · 0%
Other: R/E ACQUISITION & DISPOSITION, LOAN SVCG, MODEL PORTFOLIO FEES1 firms · 0%
Other: REAL ESTATE ACQUISITION FEES AND OVERSIGHT FEES1 firms · 0%
Other: REIMBURSEMENT OF OPERATING EXPENSES1 firms · 0%
Other: RETAINER1 firms · 0%
Other: RETAINER OR SERVICE FEES OR SOME COMBINATION OF 1, 2, 4, 5 & 71 firms · 0%
Other: REVENUE SHARING ON ELIGIBLE CREDIT AND CASH MANAGEMENT SOLUTIONS1 firms · 0%
Other: REVENUE SHARING WITH FRS, AND ON CREDIT AND CASH MGT SOLUTIONS1 firms · 0%
Other: ROBOADVISORY OFFERING1 firms · 0%
Other: SELECTION OF OTHER ADVISOR FEES1 firms · 0%
Other: SERVICING FEES1 firms · 0%
Other: SERVICING FEES FROM PORTFOLIO COMPANIES1 firms · 0%
Other: SHARED SERVICES FEES AND EXPENSES1 firms · 0%
Other: SHARES IN THIRD-PARTY ADVISORY FEES1 firms · 0%
Other: SHARING IN UNDERWRITING FEES FROM AN AFFILIATED BROKER-DEALER1 firms · 0%
Other: SOLICITATION FEES FROM OTHER INVESTMENT ADVISORY FIRMS1 firms · 0%
Other: SOLICITOR FEES1 firms · 0%
Other: STRUCTURING FEES1 firms · 0%
Other: SUB-ADVISORY SERVICE FEES1 firms · 0%
Other: SUBSCRIPTION FEES1 firms · 0%
Other: SUBSCRIPTION FEES FOR FINANCIAL PLANNING1 firms · 0%
Other: SUBSCRIPTION FEES FOR ONLINE SERVICES1 firms · 0%
Other: TECHNOLOGY LICENSING FEES, PERCENTAGE OF ASSETS UNDER ADVISEMENT1 firms · 0%
Other: THE FIRM NO LONGER RECEIVES COMPENSATION.1 firms · 0%
Other: THIRD PARTY ADVISER/MANAGER FEES1 firms · 0%
Other: TIERED FEE STRUCTURE1 firms · 0%
Other: TRANSACT, ADMIN, GUARANTY, FINANCING, AM, PROPERTY/CONSTRUCT FEE1 firms · 0%
Other: TRANSACTION FEES, MONITORING FEES, AND BOARD COMPENSATION1 firms · 0%
Other: TRANSACTION FEES, MONITORING FEES & BOARD COMPENSATION1 firms · 0%
Other: TRANSFER PRICING ARRANGEMENTS1 firms · 0%
Other: TRANSITION MANAGEMENT SERVICE FEES1 firms · 0%
Other: UNITARY FEES1 firms · 0%
Other: WE WILL BE COMPENSATED BY THE AFFILIATED ENTITY WHOSE INVESTMENT1 firms · 0%
Other: WRAP FEE1 firms · 0%
Other: SUBSCRIPTION FEES FOR AUDIO WEBCASTS/PODCASTS1 firms · 0%
Other: $50 MINIMUM QUARTERLY FEE1 firms · 0%
Other: 5% CARRIED INTEREST IN ADVISORY CLIENTS1 firms · 0%
Other: ACQ,DISP,FINANCING, DEVLPMT SUPERVSRY,RE ORIGNATN FEES,SERVICING1 firms · 0%
Other: ACQUISITION AND ORIGINATION FEES1 firms · 0%
Other: ACQUISITION, DISPOSITION, CASH MANAGEMENT, PERCENTAGE OF NOI1 firms · 0%
Other: ACQUISITION FEE & ASSET MANAGEMENT FEE (NET OPERATING INCOME-BAS1 firms · 0%
Other: ACQUISITION FEES1 firms · 0%
Other: ACQUISITION FEES IN CERTAIN SEPARATE ACCOUNTS1 firms · 0%
Other: ACQUISITION, ORIGINATION AND/OR DISPOSITION FEES1 firms · 0%
Other: ADMINISTRATIVE (ORGANIZATIONAL; OPERATIONAL FEES)1 firms · 0%
Other: ADMINISTRATIVE SERVICES FEE1 firms · 0%
Other: ADMINISTRATOR, ACQUISITION AND ORIGINATION FEES1 firms · 0%
Other: ADVISORY FEE BASED ON CLIENT NET WORTH1 firms · 0%
Other: ADVISORY FEES SHARED WITH CERTAIN ADVISORS.1 firms · 0%
Other: A % OF NET CASH FLOW, ACQUISITION FEES1 firms · 0%
Other: A PERCENTAGE FEE BASED ON THE VALUE OF RETIREMENT PLAN ASSETS1 firms · 0%
Other: A PERCENTAGE OF ADJUSTED EBITDA1 firms · 0%
03

Illinois vs. National

Illinois Advisors
6,024
1,235 firms
National Total
113,827
27,306 firms
View full national fee analysis →

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