Investment Consultants

Public regulatory filings classify Investment Consultants as a registered investment advisor (RIA), which indicates a wealth management practice serving multiple clients rather than a single-family office managing a unified pool of capital. RIA structures are typical for firms that provide financial planning and discretionary portfolio management to a broad client base on a fee-for-service basis.

There is no public record of Investment Consultants participating in private equity, venture capital, or direct private company investments. The firm's registered investment advisor structure and lack of promotional disclosures about alternative assets suggest its portfolio construction is centered on publicly traded securities — equities, bonds, mutual funds, and ETFs.

The firm has not publicly identified a chief investment officer or named investment committee members in regulatory filings or public communications. As a conventional RIA based in Evanston, decision-making likely resides with the founding advisor or a small team of portfolio managers, but no names are available in current public record.

As a registered investment advisor, Investment Consultants is bound by the Investment Advisers Act of 1940 to act as a fiduciary for its clients. This means the firm must provide advice that is in its clients' best interests, disclose all material conflicts of interest, and seek best execution on securities transactions. This standard is higher than the suitability standard that governs broker-dealers.

The firm's public filings do not state its exact fee schedule. However, RIAs of this type typically charge a percentage of assets under management, often on a declining scale as account size increases. Some may also offer hourly consulting arrangements or fixed retainer fees, but asset-based fees are the dominant RIA model.