Bank / Wealth / TrustRIA · CRD 169613SEC-RegisteredPrivate Fund Adviser

Updated:

FourStar Wealth Advisors

FourStar Wealth Advisors is an SEC-registered investment adviser in Chicago, IL, registered since 2017. The firm manages $1.4 billion in regulatory assets.

FourStar Wealth Advisors logo

FourStar Wealth Advisors

FourStar Wealth Advisors is an SEC-registered investment adviser in Chicago, IL, registered since 2017. The firm manages $1.4 billion in regulatory assets. It has 48 employees and 37 investment advisers.

General information

Firm type

Bank / Wealth / Trust

Year founded

2017

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Chicago

Corporate office

Chicago, IL, United States

Frequently asked questions

What is FourStar Wealth Advisors' business model?

FourStar operates as a consolidator of independent wealth management practices. It acquires established advisory firms, bringing them under a single registered investment adviser umbrella where they gain shared compliance, technology, and operational infrastructure. Acquired advisers generally continue serving their existing client base with a degree of local autonomy.

Who owns FourStar Wealth Advisors?

FourStar Wealth Advisors' ownership structure is not widely publicized. The firm has appeared in industry coverage as an acquirer of advisory practices, suggesting it may be backed by private capital or an internal partnership, but no specific controlling entity or sponsor is confirmed in the public record.

How does FourStar source its acquisition targets?

The firm likely identifies independent advisory practices whose principals seek liquidity, operational relief, or a succession solution. This is a relationship-driven process common among RIA aggregators, often involving direct outreach, industry networks, or inbound interest from advisers considering an exit.

What is the scale of FourStar's operations?

Specific AUM and adviser headcount are not publicly disclosed. The firm's multi-office structure and continued acquisition activity signal a growing network, but without published figures, the exact scale remains unverified.

Where does FourStar Wealth Advisors have offices?

Headquartered in Chicago, FourStar's platform extends to multiple locations through its acquired practices. While no comprehensive office list is published, the firm's acquisition model means its geographic footprint grows with each new partner firm it integrates.

Profile maintained by 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:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More Chicago Bank / Wealth / Trust profiles