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Uhlmann Price Investment Management
Founded in 1997 and based in Chicago, Uhlmann Price Investment Management operates as a registered investment advisor serving individual investors,...
Uhlmann Price Investment Management
Founded in 1997 and based in Chicago, Uhlmann Price Investment Management operates as a registered investment advisor serving individual investors, high-net-worth families, trusts and institutional clients. The firm was built around a financial-planning-led advisory model rather than as a product manufacturer, positioning it within the fiduciary RIA channel that has attracted significant advisor movement away from wirehouses over the past two decades. The firm delivers discretionary portfolio management and investment planning to its client base. Its service model typically spans asset allocation design, manager selection and ongoing portfolio rebalancing, drawing on publicly traded securities across equity and fixed-income markets. Uhlmann Price's advisory framework emphasizes tailoring portfolios to client-specific tax situations, liquidity needs and intergenerational transfer objectives common among Midwestern family clients. The firm does not publicly promote proprietary pooled vehicles, suggesting it constructs portfolios from third-party strategies or individual securities. Headquartered in Chicago, the firm serves a predominantly domestic client base, with the majority of its relationships concentrated in the Midwest. Its stated client categories include trusts, which indicates a capability in fiduciary account management and estate-integrated investment oversight. No recent fund launches, acquisitions or significant team expansions have been publicly reported, consistent with a stable, relationship-driven practice that grows organically through referrals rather than transactional marketing. What distinguishes Uhlmann Price structurally is its posture as a planning-centric RIA in a market where many similarly sized firms have consolidated into aggregator platforms or outsourced investment management to turnkey asset management programs. Its continued independent operation since 1997 suggests either a deliberate succession structure or a principal committed to the firm's original fiduciary architecture.
General information
Firm type
Bank / Wealth / Trust
Year founded
1997
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Skokie
Corporate office
Chicago, IL, United States
Frequently asked questions
Is Uhlmann Price a fiduciary?
Yes. As a registered investment advisor, Uhlmann Price is subject to the fiduciary standard under the Investment Advisers Act of 1940, meaning it is legally obligated to place client interests ahead of its own. This distinguishes it from broker-dealer models, which operate under the less stringent suitability standard. The firm's structure as a planning-led RIA reinforces this duty in both portfolio construction and ongoing client relationships.
Does the firm manufacture its own investment products?
There is no public evidence that Uhlmann Price offers proprietary mutual funds, ETFs, or private pooled vehicles. Its advisory model appears to rely on third-party strategies and individual securities tailored to client portfolios. This open-architecture approach is typical of fiduciary RIAs that prioritize manager selection and portfolio construction over product distribution economics.
What type of clients does Uhlmann Price serve?
The firm advises individuals, high-net-worth families, trusts and institutional clients. The inclusion of trusts in its stated client categories signals a practice capable of handling fiduciary accounts, estate-integrated investment management and multi-generational wealth transfer. Geographically, the client base is concentrated in the Midwest, reflecting its Chicago headquarters.
How does the firm approach investment planning?
Uhlmann Price integrates financial planning into its investment advisory process, meaning portfolio construction is driven by each client's tax situation, liquidity requirements, estate plans and long-term goals. The firm manages discretionary portfolios across publicly traded equities and fixed income, with rebalancing and ongoing adjustments made in response to both market conditions and changes in client circumstances.
Has Uhlmann Price been acquired or consolidated into a larger platform?
No acquisition or consolidation has been publicly reported. The firm has operated independently since its founding in 1997, at a time when many similarly sized RIAs have sold to aggregators or private-equity-backed platforms. Its continued independence suggests either a deliberate internal succession plan or a principal committed to the firm's original governance.
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