Cafg Wealth Management, Inc. (North Barrington)

Name: Cafg Wealth Management, Inc.
Address: 110 S Wynstone Park Drive, North Barrington, IL, 60010
Telephone: 847-991-1099

Cafg Wealth Management, Inc. is a large advisory firm based in North Barrington. It manages $128.77 million of regulatory assets for 743 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida, Illinois, New Hampshire, Texas, and Wisconsin.

Cafg Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and asset allocation and portfolio monitoring. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cafg Wealth Management: assets under management

The assets under management (AUM) of Cafg Wealth Management, Inc. is $128.77 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 25% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $128.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $173.31 thousand each.

Cafg Wealth Management has custody of $4.71 million in cash and securities for 16 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 59% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cafg Wealth Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cafg Wealth Management serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Cafg Wealth Management is high net worth individuals with 39 clients and $66.71 million of assets under management. Among the 11 most similar advisory firms, Cafg Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $128.77 million for 226 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Cafg Wealth Management doesn't advise any private funds.

Careers at Cafg Wealth Management, Inc.

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Robert Chernesky	President, director, shareholder	1 Oct 2005	75% - 100%	1558481
John Patrick Dorn	Chief compliance officer	1 Feb 2014	Other	6268640

Based in North Barrington

The principal office where Cafg Wealth Management, Inc. performs its advisory services is located at 110 S Wynstone Park Drive, North Barrington, IL 60010, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 847-991-1099 or by fax 847-550-1099. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at cafginc.com.