Wealth manager, independent · Chicago, IL
Burling Wealth Partners
Burling Wealth Partners, LLC · SEC-registered investment adviser · CRD 332198 · SEC 801-130889
At a glance
Burling Wealth Partners is an SEC-registered investment adviser based in Chicago, Illinois, with $1.0B in regulatory assets under management as of its Form ADV filed March 31, 2026. It reports 250 individual clients, 183 of them high-net-worth, holding an average of about $4.0 million each, and 8 employees. That ranks it 1101st among the nation’s 5,657 independent wealth management RIAs and 43rd of 226 in Illinois. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 312-825-0262burlingwealthpartners.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.0B
- Rank among independent wealth managers
- #1,101 of 5,657
- Rank among all SEC RIAs
- #5,374 of 17,210
- Rank in Illinois
- #43 of 226
- Individual clients
- 250
- High-net-worth clients
- 183
- Accounts
- 922
- Discretionary
- 100% of AUM
- Employees
- 8
- Advisory staff
- 7
- Offices
- 2
Owners and executives on its Form ADV
- Steven R. ResnikMember and Managing Director
- Mark E. ResnikMember and Managing Director
- James R. HadawayChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Burling Wealth Partners reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 183 | $977M | 97% |
| Individuals | 67 | $21M | 2% |
| Pension and profit sharing plans | 2 | $4M | <1% |
| Charitable organizations | 1 | $3M | <1% |
Disciplinary disclosures
Burling Wealth Partners reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗burlingwealthpartners.com ↗
AtlasMembers
The full record on Burling Wealth Partners
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 2 years of filings
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- Growth over one, three and five years
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- Rank against 3,530 peers of its type and size
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- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Illinois
All of Illinois →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Arthur M. Cohen & Associates LLCNorthbrook | $1.1B | 189 |
| Goldstone Financial Group, LLCOakbrook Terrace | $1.1B | 1,675 |
| CoyleGlenview | $1.0B | 438 |
Background
Questions
How much does Burling Wealth Partners manage?
Burling Wealth Partners reports $1.0B in regulatory assets under management across 922 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
How many clients does Burling Wealth Partners have?
It reports 250 individual clients: 183 high-net-worth individuals and 67 other individuals. Individuals account for about 99% of its regulatory assets.
Where is Burling Wealth Partners headquartered?
Its main office is in Chicago, Illinois. It reports 2 offices in total and 8 employees, 7 of whom perform investment advisory functions.
How does Burling Wealth Partners charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Burling Wealth Partners use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 31, 2026, it reports these amounts held: Charles Schwab ($914M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Burling Wealth Partners a hybrid RIA with a broker-dealer?
Burling Wealth Partners reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Burling Wealth Partners a fiduciary?
As an SEC-registered investment adviser, Burling Wealth Partners owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Burling Wealth Partners’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-31), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →