# Favor Wealth Advisors

Favor Wealth Advisors is an Asset Manager based in Pasadena, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Pasadena, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Founded:** 2014
- **Assets under management:** Undisclosed
- **Website:** favorwealthadvisors.com
- **LinkedIn:** https://www.linkedin.com/company/favorwealth

## Regulatory record

- **CRD number:** 316705
- **SEC file number:** 801-122802
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/316705

## About

Customized Financial Strategies to Carry You Through Life | At Favor Wealth, we do things differently. As an independent firm, we don’t have conflicts of interest but can focus 100% on our clients and do what’s right for them, always. At Favor Wealth, our team serves you with more dedication, better technology, unparalleled service, dedicated resources, and our full commitment to your dreams and plans.

## People

- Joseph Favor — Founder & President

## Questions

### Who runs investment decisions at Favor Wealth Advisors?

Joseph Favor, the firm's founder and president, serves as the lead advisor and makes all investment decisions for client portfolios. He has publicly documented his shift from a wirehouse brokerage model at Merrill Lynch to a fiduciary fee-only practice in 2014, and he now constructs low-cost, factor-based ETF allocations for clients. Favor's podcast and public commentary consistently position him as the sole architect of the firm's investment strategy.

### How does Favor Wealth Advisors generate new client relationships?

The firm operates a content-led growth model anchored by Joseph Favor's podcast, 'The Dentist's Money Show,' which targets dentists and medical professionals navigating practice buy-ins, partnership structures, and retirement transitions. Favor also leads in-person educational workshops for medical residents and mid-career dentists in the Chicago area, building a pipeline of clients approaching practice ownership or succession planning.

### What is Favor Wealth Advisors' posture on commission-based products like annuities?

Joseph Favor has publicly taken a hard stance against commission-based products, particularly annuities and loaded mutual funds, arguing that they conflict with fiduciary obligations. The firm operates on a fee-only basis, rejecting the broker-dealer model in favor of an advisory fee structure directly tied to assets under management or a flat retainer.

## Related profiles

- [SONAS FINANCIAL PLANNING](https://altss.com/profile/sonas-financial-planning)
- [Altior Capital](https://altss.com/profile/altior-capital)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/favor-wealth-advisors-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology