FSR Wealth Management

FSR Wealth Management

FSR Wealth Management was established in 2013 by Frank S. Rausche in Elmhurst, Illinois, approximately 15 miles west of Chicago. The firm operates as a registered investment advisor, a structure that legally obligates it to act as a fiduciary — meaning it must place client interests ahead of its own. This regulatory posture distinguishes it from broker-dealers who operate under a less stringent suitability standard. The firm's core offering combines financial planning with discretionary portfolio management. Client portfolios typically consist of individual equities, bonds, mutual funds, and exchange-traded funds, selected to align with each client's stated risk tolerance, time horizon, and income needs. The firm does not market proprietary investment products, which reduces embedded conflicts of interest. FSR serves a mix of individual investors, high-net-worth families, and small business entities concentrated in the western suburbs of Chicago. The practice is anchored by Frank Rausche, who serves as the firm's principal and primary investment advisor. In the Elmhurst and broader DuPage County market, FSR competes with larger regional wealth-management platforms but differentiates through a boutique, hands-on advisory model typical of single-principal RIAs. No licensed professionals count, AUM, or recent operational announcements are publicly available. FSR's structural differentiator is its pure RIA architecture. Without ties to a bank, insurance company, or broker-dealer, the firm avoids the product-push incentives embedded in many wealth-management practices. Revenue is generated through advisory fees calculated as a percentage of assets under management or through fixed planning retainers — a model that aligns FSR's incentives with portfolio performance and client retention rather than transaction volume or product commissions.