Fee-Only Financial Advisors,ltd. fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed February 1, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$395/hr

“The hourly fee is typically $395 an hour and billed on a monthly basis.”

Annual fee

$10,000/yr

“The Registrant generally requires a minimum annual fee of $10,000 ($5,000 semiannually) for investment advisory/financial planning services for new clients (Existing clients may be grandfathered under a previous fee minimum.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Fee-Only Financial Advisors,ltd. bills

Payment and refund terms, quoted from the fee section of the brochure.

• “The Registrant may bill the client directly and payment is due upon receipt of the Registrant’s invoice.”
• “The Registrant’s fees are generally payable in advance in equal semi-annual installments, upon receipt of the Registrant’s billing invoice, which invoice shall be forwarded by the Registrant subsequent to the commencement of each semiannual billing period.”
• “The Registrant's annual investment advisory/financial planning fee is generally payable in advance in equal semi-annual installments, upon receipt of the Registrant’s billing invoice.”

How Fee-Only Financial Advisors,ltd.’s fees compare

• Its hourly rate of $395 is above the Illinois median of $273. 80% of the 215 other Illinois planners that publish an hourly rate charge less.
• Its annual fee of $10,000 is above the Illinois median of $7,500. 60% of the 77 other Illinois planners that publish an annual fee charge less.
• It doesn't charge a percentage of the assets it manages, so its fee won't grow with your portfolio.

About Fee-Only Financial Advisors,ltd.

• Solo practice: one person runs the firm, so you work directly with the planner.
• Registered as an adviser: 1994 (32 years).

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees

Charges a % of assets

No

Minimum

$10,000 minimum fee (stated in brochure)

Clients

22

Employees

1

Works with

Individuals and high net worth individuals

Services reported to regulators

Financial planning and portfolio management for individuals and small businesses

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

122873

Website

feeonlyfinancial.com (opens in new tab)

Phone

(847) 359-3300

Other planners in Palatine that publish fees

• Detterbeck Wealth ManagementPalatine$3,000⁠-⁠$10,000, $3,000⁠-⁠$10,000/yr
• 15 Wealth Advisors LLCMundelein$250⁠-⁠$10,000/yr
• 1ST Advantage Financial Advisers, LLCLombard$200/hr
• Alo Financial PlanningMount Prospect$3,000
• Altair Advisers, LLCChicago$200⁠-⁠$500/hr
• Altman AdvisorsChicago$500/hr, $25,000

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