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, privately held registered investment adviser that has operated since 1989. The firm serves individual and family clients and positions itself as a capital allocator and manager-of-managers: it provides financial planning and portfolio management for individuals, small businesses and institutional clients, and it selects third‑party advisers on behalf of clients. Its fee arrangements include percentage-of-AUM billing as well as hourly and fixed-fee engagements. The firm does not identify as an active ESG investor. Factor Wealth Management was recognized on FA Magazine’s Top RIA Firms list in 2020.