Updated:
Siligmueller & Norvid Wealth Advisors
Founded in 1998 and headquartered in Glen Ellyn, Illinois, Siligmueller & Norvid Wealth Advisors operates as a registered investment adviser serving a...
Siligmueller & Norvid Wealth Advisors
Founded in 1998 and headquartered in Glen Ellyn, Illinois, Siligmueller & Norvid Wealth Advisors operates as a registered investment adviser serving a regional base of individuals, profit-sharing plans, trusts, and business entities. The firm was established during a period when many independent RIAs were forming in response to demand for fiduciary advice separate from brokerage platforms, and its longevity indicates a stable, relationship-driven practice rather than a growth-at-all-costs aggregator. Siligmueller & Norvid structures its services around integrated wealth management, combining discretionary portfolio management with financial planning and risk management. The firm advises clients across traditional asset classes including equities, fixed income, and cash equivalents, and it tailors allocations to individual circumstances rather than pushing a single house strategy. Its client roster includes retirement plan sponsors and corporate entities alongside private families, giving the practice a dual exposure to both personal and institutional capital flows. The firm is modestly staffed and operates from a single office in Glen Ellyn, consistent with a boutique advisory model. The practice's scale, while not publicly disclosed, is typical of a privately held RIA serving a concentrated metro-area client base. As an Illinois-registered adviser, the firm files Form ADV disclosures with the SEC or state authorities, though specific assets under management and ownership details remain private. Unlike multi-family offices that have evolved into quasi-institutional platforms or private investment clubs, Siligmueller & Norvid appears to occupy the traditional wealth-advisor lane — fiduciary guidance delivered through long-term client relationships. Its structural differentiator is its independence, as a firm that has remained closely held and locally focused for more than 25 years without evolving into a roll-up, a lender, or an alternatives platform. That architecture prioritizes continuity of advice over product breadth.
General information
Firm type
Bank / Wealth / Trust
Year founded
1998
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Glen Ellyn
Corporate office
Glen Ellyn, IL, United States
Frequently asked questions
What is the history and background of Siligmueller & Norvid Wealth Advisors?
The firm was established in 1998 in Glen Ellyn, Illinois, by its founding principals. It has operated for more than two decades as a registered investment adviser, providing wealth management services to a regional client base without transitioning to an aggregator model or institutional platform. The practice emerged during a wave of independent RIA formations in the late 1990s.
What types of clients does the firm serve?
The firm advises individuals, profit-sharing plans, trusts, and business entities. Its dual exposure to personal and retirement-plan capital distinguishes it from advisers that serve only high-net-worth families. This mix suggests a practice built around local professionals and small-to-midsize business owners.
How does the firm structure its investment services?
Siligmueller & Norvid combines discretionary portfolio management with financial planning and risk management. Its approach is built on traditional asset-class allocations — equities, fixed income, and cash equivalents — customized to each client rather than driven by a single house strategy. The firm does not publicly market exposure to venture capital, private equity, or hedge funds.
Is Siligmueller & Norvid part of a larger financial institution?
No. The firm operates as an independent registered investment adviser and has remained closely held from its founding in 1998. It is not affiliated with a bank holding company, a broker-dealer, or a wealth-management roll-up platform, which is a deliberate structural choice affecting its product independence.
Where is the firm regulated and what disclosures are available?
As a registered investment adviser headquartered in Illinois, the firm files required regulatory disclosures with state or federal authorities. Its Form ADV, a public document, would detail services, fees, conflicts, and business practices, though the firm does not publish this directly on its website.
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 family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: