FACTOR WEALTH MANAGEMENT

RIASEC RegisteredEst. 1989

Total AUM

$781M

Discretionary

$765M

98% of AUM

Avg account

$888K

Accounts

880

Employees

Advisory reps

Firm details

Headquarters: CHICAGO, Illinois
CRD number: 104708
Registered since: August 4, 1989
Website: www.clune.biz
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI95.36%
Individuals4.64%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Factor Wealth Management is an independent, advisor-owned registered investment adviser that has been operating since the late 1980s. The firm serves individual and family clients and functions as a capital allocator—building portfolios using outside managers and pooled vehicles alongside managed accounts. Its advisory remit includes comprehensive financial planning, portfolio management for individuals and small businesses, pension consulting and the selection of other advisers. Fee arrangements are flexible: the firm charges a percentage of assets under management and also uses hourly and fixed fees for discrete planning or consulting engagements. Investment practice centers on public funds and mutual funds as the primary building blocks of client portfolios, while third‑party managers are used to access alternative strategies. Factor Wealth Management is not an active ESG investor according to its disclosures. The firm was recognized by FA Magazine as a Top RIA Firm in 2020.