Chicago Partners Wealth Advisors offers investment advisory services to high-net-worth individuals, trusts, and businesses. Services include portfolio management, financial planning, and retirement plan consulting. CP also offers an automated investment program called Chicago Partners Optimized Intelligent Portfolio Program. CP may recommend clients invest in affiliated private funds. CP may also recommend unaffiliated independent investment managers.
Fee Structure
Chicago Partners Wealth Advisors charges an annual fee based on a percentage of the assets they manage, generally between 0.3% and 1.25%. The exact fee depends on factors like the amount of assets, complexity, and scope of services. There is a $5,000 annual minimum fee for investment management services. For the Chicago Partners Optimized Intelligent Portfolios Platform, the annual fee is 0.60% for accounts valued at $500,000 or greater and 0.65% for accounts valued at less than $500,000.