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Ellenbecker Investment Group
Ellenbecker Investment Group was founded by Jim Ellenbecker as a registered investment advisor and multi-family office based in Wauwatosa, Wisconsin.
Ellenbecker Investment Group
Ellenbecker Investment Group was founded by Jim Ellenbecker as a registered investment advisor and multi-family office based in Wauwatosa, Wisconsin. The firm is family-run, with Andy Ellenbecker serving as President and Robert Ellenbecker as Senior Vice President, maintaining a multigenerational leadership structure (per public record). Wealth origin remains undisclosed, but the firm's operations center on serving high-net-worth families and individuals with comprehensive financial planning. The firm's investment strategy emphasizes retirement income planning, portfolio diversification, and wealth preservation. It builds asset mixes using equities, fixed income, and alternative investments, targeting capital preservation and income generation for clients. The geographic focus is primarily the Midwest, with a client base concentrated in Wisconsin and surrounding states. While specific portfolio companies are not publicly disclosed, the firm advises on direct investments in real estate and business assets as part of its holistic planning approach. Deployment scale is not publicly disclosed, and the firm does not advertise a specific AUM figure. The team includes multiple advisors and support staff operating from the Wauwatosa office, and there is no evidence of additional offices. The firm maintains a reputable standing in local financial planning circles and is active in community events, though no recent operational events within the last 24 months are verifiable from public sources. A structural differentiator is Ellenbecker Investment Group's family-led governance, with the Ellenbecker family maintaining direct control over advisory decisions and client relationships. This multigenerational involvement allows for long-term perspective and personalized service, contrasting with larger corporate RIAs that may prioritize scale over individual client focus. The firm functions as a hybrid of a traditional RIA and a multi-family office, blending portfolio management with lifestyle and estate planning.
General information
Firm type
Multi Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Wauwatosa
Corporate office
Wauwatosa, WI, United States
Principals
Jim Ellenbecker
Founder & CEO
Andy Ellenbecker
President
Robert Ellenbecker
Senior Vice President
Sector focus
Frequently asked questions
Who runs investment decisions at Ellenbecker Investment Group?
Jim Ellenbecker, as Founder and CEO, oversees investment strategy alongside Andy Ellenbecker (President) and Robert Ellenbecker (Senior Vice President). The family-run leadership makes investment decisions collaboratively, with a focus on retirement income planning and portfolio management (per public record).
How does Ellenbecker Investment Group source its client base?
The firm sources clients primarily through local referrals, relationships with CPAs and estate attorneys, and community presence in the Midwest. Its family-run structure has built trust in the Wauwatosa area over many years, with client acquisition centered on high-net-worth families seeking personalized planning.
Is Ellenbecker Investment Group structured as a single family office or a multi-family office?
Ellenbecker Investment Group operates as a multi-family office and registered investment advisor (RIA). It serves multiple families rather than a single family, though it maintains a family-run governance with the Ellenbecker family in key leadership roles.
What investment stages does Ellenbecker Investment Group target?
The firm typically targets clients in the wealth accumulation and distribution stages, with a strong emphasis on retirement planning. Its investment focus is on liquid assets such as ETFs, mutual funds, and fixed income, with some exposure to alternative investments and direct real estate.
Does Ellenbecker Investment Group participate in fund commitments or only direct deals?
The firm primarily constructs portfolios using managed accounts, ETFs, and mutual funds, rather than making direct fund commitments or operating a proprietary deal structure. It also advises on direct investments in real estate and business assets as part of comprehensive financial plans.
Which sectors does Ellenbecker Investment Group explicitly avoid?
The firm does not publicly exclude any sectors, but its conservative approach suggests avoidance of highly speculative asset classes like venture capital or cryptocurrency. Its client-focused retirement planning typically steers clear of aggressive growth investments.
Where does the underlying wealth originate for Ellenbecker Investment Group's clients?
The firm's clients are typically high-net-worth families from the Midwest, with wealth accumulated through business ownership, inheritance, or professional careers. The firm does not disclose specific sources at the entity level.
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