Bank / Wealth / TrustRIA · CRD 307739SEC-Registered

Updated:

Manifest

Manifest is an Illinois-based registered investment advisor that provides financial and pension planning services to a corporate and institutional client base.

Manifest logo

Manifest

Manifest is an Illinois-based registered investment advisor that provides financial and pension planning services to a corporate and institutional client base. The firm structures benefits programs and offers investment advisory without taking discretionary control over client assets, a posture that distinguishes it from full-service asset managers. Manifest advises on corporate retirement plans, business entity structures, and trust accounts, with a focus on plan design, fiduciary guidance, and investment menu construction. The firm's non-discretionary model means it recommends allocations and managers but does not execute trades — clients retain final authority over investment decisions. Its geographic focus is the Midwest, particularly the Chicago metropolitan area. The firm's scale and team size are not publicly disclosed. Manifest has not announced adjacent venture arms, philanthropic foundations, or co-investment vehicles. Its low-profile operations suggest a steady, relationship-driven book of business concentrated among mid-market employers and professional service entities. Manifest's structural differentiator is its explicit non-discretionary mandate — it sells advice, not asset management. This creates a clean fiduciary alignment uncommon among advisors that also earn fees from product sales or discretionary portfolio management.

General information

Firm type

Bank / Wealth / Trust

Year founded

2020

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Chicago

Corporate office

Chicago, IL, United States

Frequently asked questions

How does Manifest's non-discretionary model work in practice?

Manifest advises clients on investment policy, asset allocation, and manager selection, but the client retains final trading authority and custody of assets. The firm does not execute transactions or hold discretionary power over portfolios. This structure is intended to reduce conflicts of interest that can arise when an advisor earns transaction-based compensation.

What types of retirement plans does Manifest typically service?

Based on the firm's disclosed service profile, Manifest works with corporate pension plans, 401(k) programs, and other qualified retirement vehicles. The firm's pension planning specialty suggests experience with defined benefit plans, cash balance plans, and fiduciary oversight for ERISA-governed structures.

Does Manifest manage pooled investment vehicles or proprietary funds?

No. Manifest operates exclusively as a non-discretionary advisor. It does not sponsor mutual funds, ETFs, private funds, or separately managed accounts. This distinguishes it from firms that blend advisory and asset management functions under one roof.

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