Wealth manager, independent · Oak Brook, IL
Chicago Oakbrook Financial Group
Cofg Advisors, LLC · SEC-registered investment adviser · CRD 333344 · SEC 801-131428
At a glance
Chicago Oakbrook Financial Group is an SEC-registered investment adviser based in Oak Brook, Illinois, with $1.2B in regulatory assets under management as of its Form ADV filed February 18, 2026. It reports 1,336 individual clients, 189 of them high-net-worth, holding an average of about $0.8 million each, and 19 employees. That ranks it 910th among the nation’s 5,657 independent wealth management RIAs and 36th of 226 in Illinois. It reports Raymond James as the custodian for its clients’ separately managed accounts.
Main office 630-954-5572cofgroup.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.2B
- Rank among independent wealth managers
- #910 of 5,657
- Rank among all SEC RIAs
- #4,842 of 17,210
- Rank in Illinois
- #36 of 226
- Individual clients
- 1,336
- High-net-worth clients
- 189
- Accounts
- 4,345
- Discretionary
- 92% of AUM
- Employees
- 19
- Advisory staff
- 9
- Offices
- 2
Owners and executives on its Form ADV
- Frank E. KautzkyChief Compliance Officer & Chief Operating Officer
- David N. NavarroPresident
Custody and brokerage
Broker-dealer
No broker-dealer ties
Chicago Oakbrook Financial Group 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 | 189 | $632M | 52% |
| Individuals | 1,147 | $479M | 40% |
| Pension and profit sharing plans | 20 | $90M | 7% |
| Corporations or other businesses | 24 | $7M | <1% |
| Charitable organizations | – | $2M | <1% |
Disciplinary disclosures
Chicago Oakbrook Financial Group 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
- 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 ↗cofgroup.com ↗
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- Assets, accounts, clients and staff, 1 years of filings
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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 |
|---|---|---|
| Fourstar Wealth Advisors, LLCChicago | $1.4B | 1,753 |
| The Planning Center, Inc.Moline | $1.4B | 895 |
| KEB Wealth AdvisorsSpringfield | $1.3B | 662 |
| Sikich FinancialSpringfield | $1.2B | 1,124 |
| Evergreen WealthSpringfield | $1.2B | 573 |
| Lake StreetChicago | $1.2B | 598 |
Background
Questions
How much does Chicago Oakbrook Financial Group manage?
Chicago Oakbrook Financial Group reports $1.2B in regulatory assets under management across 4,345 accounts, 92% of it on a discretionary basis, on its Form ADV filed February 18, 2026.
How many clients does Chicago Oakbrook Financial Group have?
It reports 1,336 individual clients: 189 high-net-worth individuals and 1,147 other individuals. Individuals account for about 92% of its regulatory assets.
Where is Chicago Oakbrook Financial Group headquartered?
Its main office is in Oak Brook, Illinois. It reports 2 offices in total and 19 employees, 9 of whom perform investment advisory functions.
How does Chicago Oakbrook Financial Group 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 Chicago Oakbrook Financial Group use?
It reports Raymond James as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed February 18, 2026, it reports these amounts held: Raymond James ($1.0B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Chicago Oakbrook Financial Group a hybrid RIA with a broker-dealer?
Chicago Oakbrook Financial Group reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Chicago Oakbrook Financial Group a fiduciary?
As an SEC-registered investment adviser, Chicago Oakbrook Financial Group 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 Chicago Oakbrook Financial Group’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 (2026-02-18), 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 →