Updated:
Beacon Wealth Advisors
Founded in 2014 and based in McHenry, Illinois, Beacon Wealth Advisors operates as a registered investment adviser providing portfolio management and financial...
Beacon Wealth Advisors
Founded in 2014 and based in McHenry, Illinois, Beacon Wealth Advisors operates as a registered investment adviser providing portfolio management and financial planning services. The firm serves individuals, high-net-worth individuals, and small businesses from a single office in the northwest suburbs of Chicago. The firm's investment approach centers on constructing client portfolios through direct management of assets. Beacon Wealth Advisors provides ongoing supervision and rebalancing, typically utilizing mutual funds and exchange-traded funds as primary building blocks for client accounts. The practice serves a local client base concentrated in the McHenry County area, with investment strategies tailored to individual goals rather than commingled fund vehicles. The firm maintains a lean operational structure consistent with its Main Street advisory model. Its Form ADV filings indicate a focus on retail clients and small businesses, with assets under management not publicly disclosed. The firm's service model emphasizes continuous portfolio monitoring and periodic rebalancing to align with client objectives. What structurally distinguishes Beacon Wealth Advisors is its geographic and operational focus on a single community. Unlike national aggregators rolling up independent RIAs, Beacon operates as a standalone practice rooted in local relationships, without the product-push incentives of a broker-dealer or the institutional infrastructure of a multi-family office.
General information
Firm type
Bank / Wealth / Trust
Year founded
2014
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Virginia Beach
Corporate office
McHenry, IL, United States
Frequently asked questions
What services does Beacon Wealth Advisors provide?
Beacon Wealth Advisors offers investment advisory services including financial planning and portfolio management. The firm constructs and manages client portfolios directly, handling ongoing supervision, rebalancing, and investment selection. Its client base includes individuals, high-net-worth individuals, and small businesses, per the firm's regulatory filings.
How does Beacon Wealth Advisors structure its investment management?
The firm provides discretionary portfolio management, meaning it has authority to make investment decisions on behalf of clients within agreed-upon guidelines. Beacon typically builds portfolios using mutual funds and exchange-traded funds as core components, tailoring allocations to individual client goals. The firm does not appear to operate pooled investment vehicles or commingled fund structures.
What is Beacon Wealth Advisors' geographic footprint?
Beacon Wealth Advisors operates from a single office in McHenry, Illinois, serving the northwest suburbs of Chicago. Its client base is concentrated in McHenry County and surrounding areas. The firm does not maintain additional offices or a national presence.
How is Beacon Wealth Advisors compensated?
As a registered investment adviser, Beacon Wealth Advisors typically charges fees based on a percentage of assets under management, consistent with standard RIA compensation models. This fee-only structure aligns the firm's incentives with client portfolio performance, avoiding commission-based conflicts of interest common in broker-dealer models.
What is Beacon Wealth Advisors' regulatory status?
Beacon Wealth Advisors is registered with the SEC as a registered investment adviser, per public filings. This registration imposes a fiduciary duty requiring the firm to act in its clients' best interests, a higher standard than the suitability requirement applied to broker-dealers.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on registered investment advisers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: