Updated:
KRD Wealth Management
Founded in 2021, KRD Wealth Management is a registered investment adviser based in Schaumburg, Illinois. The firm was established to provide investment...
KRD Wealth Management
Founded in 2021, KRD Wealth Management is a registered investment adviser based in Schaumburg, Illinois. The firm was established to provide investment advisory services to individuals, retirement plans, trusts, and business entities. Its launch coincided with a period of elevated movement among retail advisers leaving wirehouses, though KRD's specific lineage or predecessor firm is not publicly documented. The firm's stated services cover financial planning, retirement planning, and discretionary investment management. Its regulatory filings list a client base that includes individuals, pension and profit-sharing plans, charitable organizations, and corporations. KRD operates on a fee-based model, charging asset-based fees for portfolio management in addition to fixed fees for standalone financial plans. The firm does not disclose a dedicated in-house fund lineup or proprietary investment vehicles, suggesting a reliance on third-party strategies or model portfolios. Public records do not name specific holdings, allocations, or external managers. KRD Wealth Management is headquartered in Schaumburg, a northwest Chicago suburb that serves as a hub for regional financial services firms. No additional office locations are disclosed. The firm's team size, leadership roster, and assets under management are not publicly reported. KRD does not maintain an active public LinkedIn presence under that name, and its website offers limited detail on team biographies or operational history. KRD's structural profile — a fee-only RIA launched post-2020 in a competitive suburban market — places it among thousands of small advisory practices catering to mass-affluent and retirement-plan clients. The firm has not publicly signaled succession planning, partnership structures, or affiliations with aggregator platforms, which leaves its long-term operating model unconfirmed in the public record. In a landscape where consolidation is accelerating, the independent posture is itself the differentiator, though the absence of disclosed scale or specialization limits further characterization.
General information
Firm type
Bank / Wealth / Trust
Year founded
2021
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Schaumburg
Corporate office
Schaumburg, IL, United States
Frequently asked questions
Is KRD Wealth Management a fiduciary?
As a registered investment adviser regulated by the SEC or state authorities, KRD Wealth Management is legally bound by a fiduciary duty to its advisory clients, requiring it to act in their best interests. The firm's Form ADV, filed publicly, would detail this obligation under the Investment Advisers Act of 1940. That duty applies to all discretionary and non-discretionary advisory relationships the firm maintains.
How does KRD Wealth Management charge for its services?
KRD Wealth Management charges fees on a fee-only basis, the standard model that avoids commission-based conflicts. Its public filings indicate it bills clients a percentage of assets under management for ongoing portfolio management and flat or hourly fees for one-time financial planning engagements. Specific fee schedules are disclosed in its Form ADV Part 2, which it must provide to prospective clients.
Does KRD Wealth Management run its own in-house investment funds?
Public records do not indicate that KRD Wealth Management sponsors proprietary mutual funds, ETFs, or limited partnerships. The firm's fee-only advisory model typically points to constructing portfolios using third-party funds, individual securities, or model portfolios. Absent any mention of proprietary products, its investment approach likely relies on external vehicles selected to fit client financial plans.
Who are the key decision-makers at KRD Wealth Management?
KRD Wealth Management has not publicly named its founders or senior investment personnel on its limited website or through active social channels. As a small advisory practice, the executive team likely comprises the founding principals who registered the firm with state or federal regulators. Their identities would be listed in the firm's Form ADV, available through the SEC's Investment Adviser Public Disclosure database.
What type of clients does KRD Wealth Management typically serve?
KRD Wealth Management's regulatory filings list individuals, high-net-worth individuals, pension and profit-sharing plans, charitable organizations, and business entities among its client types. This mix is typical for a suburban planning shop that caters to local families, small business owners, and corporate retirement plan sponsors in the greater Chicago area. The firm has not published a stated account minimum.
Profile maintained by Altss 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 asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: