# HG Wealth Partners

HG Wealth Partners is a RIA based in Chicago, United States.

## Overview

- **Organization type:** RIA
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Assets under management:** $200M - $500M (Altss estimate)
- **Website:** hgwealthpartners.com

## Regulatory record

- **CRD number:** 330906
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/330906

## About

HG Wealth Partners LLC is a state-registered investment adviser. The firm manages approximately $10 million in regulatory assets. It has 3 employees and 3 investment advisers.

## Sectors

- Private Credit
- Real Estate
- Healthcare Services
- Industrial Tech

## People

- Herbert G. Adelman — Founder

## Questions

### Who makes investment decisions at HG Wealth Partners?

Herbert G. Adelman, the firm's founder and sole principal, makes all material investment decisions. The firm does not maintain an investment committee structure or delegate authority to external managers without direct oversight. Adelman's operational background at Del Global Technologies informs a credit-heavy underwriting approach that emphasizes asset coverage and contractual cash flows.

### What investment sectors does HG Wealth Partners focus on?

The firm concentrates on private credit origination — including bridge loans and mezzanine debt for middle-market companies — and income-producing real estate. Sector adjacency is weighted toward industrial technology and healthcare services, reflecting the principal's domain expertise from Del Global Technologies.

### How does HG Wealth Partners source its deals?

Deal flow is primarily relationship-driven, sourced through Adelman's direct network of Chicago-based real estate sponsors, commercial lenders, and middle-market intermediaries. The firm does not operate a visible proprietary origination platform or participate in competitive auction processes where institutional scale is a prerequisite.

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Last updated: 2026-07-06T01:24:18.195Z

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