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Vermillion Financial Advisors
Mark LaSpisa founded Vermillion Financial Advisors in 1988, a fiduciary wealth management firm serving ultra-affluent families with a 99% retention rate.
Vermillion Financial Advisors
Partner with Vermillion Financial Advisors for fiduciary wealth management, financial planning, and investment guidance in South Barrington, IL. Built for long-term success.
General information
Firm type
Multi Family Office
Year founded
1988
AUM
Undisclosed
Location
Region
North America
Country
United States
City
South Barrington
Corporate office
South Barrington, IL, United States
Additional offices
Bonita Springs, FL, United States
Principals
Mark LaSpisa
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Vermillion?
Mark LaSpisa founded the firm in 1988 and continues to lead its strategic direction. The firm employs a team of CFP® professionals who design personalized portfolios for each client, but no CIO or single investment committee is publicly named (per firm website).
How does Vermillion source proprietary deal flow?
Vermillion does not publicly disclose a proprietary sourcing model. The firm appears to rely on its network of ultra-affluent clients and its two-office footprint to identify co-investment opportunities, rather than operating a dedicated deal-sourcing team.
Is Vermillion structured as a single family office or does it operate more like a wealth management firm?
Vermillion operates as an independent registered investment advisor (RIA) and functions as a multi-family office. It serves multiple client families, not a single source of wealth, distinguishing it from single-family offices (per firm website).
What investment stages does Vermillion typically target?
The firm does not specify a stage preference publicly. Based on its client base of high-net-worth individuals and business owners, it likely allocates across public markets, private real estate, and some alternative funds, with an emphasis on liquid, diversified portfolios.
Which sectors does Vermillion explicitly avoid?
Vermillion does not publish a list of excluded sectors. Its publicly stated approach focuses on client-specific goals rather than thematic sector tilts.
Does Vermillion maintain philanthropic structures, and how are they separated?
Vermillion does not publicly disclose any in-house philanthropic foundation or giving vehicle. The firm’s wealth management services may incorporate charitable planning for clients, but it operates without its own endowed philanthropy.
What is Vermillion's known posture on co-investments alongside external GPs?
Vermillion does not publicly detail its co-investment activity. Client testimonials indicate the firm offers access to alternative investments, but the scale and frequency of direct co-investments remain undisclosed.
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