Chicago Partners Wealth Advisors

Overview

Chicago Partners Investment Group LLC, doing business as Chicago Partners Wealth Advisors, is an Illinois limited liability company and an independently owned SEC-registered investment advisor.¹ The firm’s SEC File Number is 801-69500, and its headquarters are at One North Wacker Drive, Suite 4075, Chicago, Illinois 60606.² The firm says it operates locations in six states.²⁴ Its physical offices include Honolulu, Hawaii, and Rochester, New York, while advisors are located in Montana, Arizona, Florida, and California.²⁵

History

James Hagedorn, CFA®, is Managing Partner, majority owner, and principal owner of the firm.³ Anthony Halpin, CPA, is Partner and co-founded the firm.³ The firm’s website says Jim Hagedorn and Anthony Halpin launched Chicago Partners by spinning off PricewaterhouseCoopers’ wealth-management arm.⁴

Leadership

Jim Burke is Managing Director and joined Chicago Partners in 2018 after 25 years of financial-markets experience.¹⁸ Tom Reed is Managing Director and joined the firm in 2013. He has more than 30 years of experience with high-net-worth individuals, family offices, and institutional investors.¹⁹ John Nicholas, J.D., CAIA, is Partner, with a background in multi-asset portfolios for high-net-worth individuals and institutional investors.²⁰

Mark F. Toledo, CFA, is Partner and joined Chicago Partners in September 2013.²¹ Patrick Wade, CFA, is Senior Wealth Advisor. He joined the firm in April 2019 and became a CFA Charterholder in 2023.²² Mike Strasser is Partner and has more than 30 years of financial-services experience managing finances for high-net-worth individuals and businesses.²³

Services

The firm provides discretionary and non-discretionary investment advisory services.⁵ Its advisory work may include financial planning, portfolio management, selecting other advisers, and reviewing and monitoring 401(k) plan options.⁷ Website-listed services include investment management, financial planning, tax planning and strategy optimization, estate-planning advisory, private-client services, portfolio audits, and tax-aware investment strategies.¹⁴

The firm’s investment process analyzes current portfolios, designs customized portfolios, builds accounts, and monitors and reviews portfolios.⁸ Family-office services include comprehensive performance reporting and consolidated asset-allocation reporting.⁹ The ADV states that the firm does not participate in wrap-fee programs.¹¹

What the firm offers

• Investment management
• Financial planning
• Tax planning

Client focus

Listed client types include high-net-worth individuals, trusts, not-for-profit plans, endowments, charitable organizations, corporations, and other business entities.⁶ The firm’s website identifies high-net-worth investors and families, corporations with cash reserves, Big 4 professionals with compliance restrictions, foundations and institutions, and single-family and multi-family offices as client groups.¹³ It also works with nonprofits, corporations, family offices, institutions, and high-earning young professionals.¹⁶

The stated minimum household size is $1,000,000 in investable assets, with possible case-by-case exceptions.¹⁷

Investment philosophy and approach

The firm says it tailors advisory services to each client’s needs and allocates or recommends assets consistent with the client’s investment objectives.¹⁰ The website describes Chicago Partners as a fiduciary advisor using the Fiduciary Standard.¹⁵

Assets and minimums

As of December 31, 2025, the firm reported approximately $7,469,533,024 in assets under management.¹² The stated minimum household size is $1,000,000 in investable assets, with possible case-by-case exceptions.¹⁷

FAQs

Related resources

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  These guides explain how capital gains tax can affect investment decisions, business interests, and portfolio sales. A family or business owner considering Chicago Partners Wealth Advisors can use the material to prepare focused questions about tax planning and the coordination of tax considerations with investment management.

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  Profiles for Altman Advisors, Aurelien Capital Partners, and Barrington Wealth Management offer additional points of comparison on this site. Reviewing their stated services and client focus can help a Chicago family or business owner frame questions about investment management, financial planning, and tax planning when evaluating advisory firms.

Sources

1. Chicago Partners Form ADV Part 2A , accessed/as of March 17, 2026.
2. Chicago Partners Form ADV Part 2A , accessed/as of March 17, 2026.
3. Chicago Partners Form ADV Part 2A , accessed/as of March 17, 2026.
4. About Chicago Partners , accessed October 23, 2026.
5. Chicago Partners Form ADV Part 2A , accessed/as of March 17, 2026.
6. Chicago Partners Form ADV Part 2A , accessed/as of March 17, 2026.
7. Chicago Partners Form ADV Part 2A , accessed/as of March 17, 2026.
8. Chicago Partners Form ADV Part 2A , accessed/as of March 17, 2026.
9. Chicago Partners Form ADV Part 2A , accessed/as of March 17, 2026.
10. Chicago Partners Form ADV Part 2A , accessed/as of March 17, 2026.
11. Chicago Partners Form ADV Part 2A , accessed/as of March 17, 2026.
12. Chicago Partners Form ADV Part 2A , accessed/as of March 17, 2026.
13. About Chicago Partners , accessed October 23, 2026.
14. Contact Chicago Partners , accessed October 23, 2026.
15. About Chicago Partners , accessed October 23, 2026.
16. Contact Chicago Partners , accessed October 23, 2026.
17. Contact Chicago Partners , accessed October 23, 2026.
18. Jim Burke , accessed October 23, 2026.
19. Thomas Reed , accessed October 23, 2026.
20. John Nicholas , accessed October 23, 2026.
21. Mark F. Toledo , accessed October 23, 2026.
22. Patrick Wade , accessed October 23, 2026.
23. Mike Strasser , accessed October 23, 2026.
24. About Chicago Partners , accessed October 23, 2026.
25. Chicago Partners FAQs , accessed October 23, 2026.

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.