Sequoia Wealth Management, LLC fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 12, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$500/hr

“Our maximum hourly fee is $500, and our flat fees range from $500 to $25,000.”

Flat or project fee

$500⁠-⁠$25,000

From the same sentence as above.

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

How Sequoia Wealth Management, LLC bills

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

• “Per the discretionary investment advisory agreement, clients agree to pay in advance a fee charged to the Account(s) on the last day of each quarter which is based on the market value of the assets in the Account(s) on the last day of that quarter.”
• “If Sequoia Wealth serves for less than the whole of any quarterly period, compensation will be calculated on a pro-rata basis for the period of the quarter for which we have served as an adviser.”
• “Our Retirement Plan Consulting services are billed a fee based on the percentage of Plan assets under management.”

How Sequoia Wealth Management, LLC’s fees compare

• Its hourly rate of $500 is above the Illinois median of $273. 90% of the 215 other Illinois planners that publish an hourly rate charge less.
• Its flat or project fee of $500-$25,000 spans the Illinois median of $4,500. 86% of the 175 other Illinois planners that publish a flat or project fee charge less.
• 2 of the 2 other planners in Barrington that publish a flat or project fee charge less.

About Sequoia Wealth Management, LLC

• Principal: Robert Lyman
• Firm size: 16 employees.
• Registered as an adviser: 2014 (12 years).

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

3% a year

Clients

1,640

Employees

16

Works with

Individuals and high net worth individuals

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, and educational seminars and workshops

Assets managed

$599,623,650

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

170543

Website

facebook.com/OdeFinancialServices/?fref=ts (opens in new tab)

Phone

(847) 310-5900

Can advise clients in 24 states: Arizona, California, Colorado, Delaware, Florida, Georgia, Iowa, Illinois, Indiana, Louisiana, Massachusetts, Michigan, Minnesota, Missouri, North Carolina, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Texas, Virginia, Washington, Wisconsin

Other planners in Barrington that publish fees

• Illuminate Wealth ManagementBarrington$2,400⁠-⁠$10,000
• Retirement Matters, Inc.Barrington$5,000
• 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

Compare all 4 planners in Barrington