Urban Financial Advisory Corporation

Urban Financial Advisory Corporation, established in 1990 by Steven D. Urban, is an independent financial planning and investment advisory firm based in Chicago, Illinois. The firm offers financial planning services, personalized financial projections, and investment policy formulation. Clients have the option to implement the suggested investment policy on their own or engage the firm for ongoing investment advisory services. UFAC manages over $1 billion in client assets, primarily on a discretionary basis, across approximately 245 portfolios. The firm's fee structure is based on a percentage of assets under management, with a minimum initial investment of $1,000,000. Clients are billed quarterly in advance, with fees ranging from 0.10% to 0.40% based on the portfolio size. UFAC does not receive commissions, loads, or referral fees on any investment products. The firm does not charge performance-based fees or manage accounts on a side-by-side basis. UFAC serves mid to high net worth individuals, as well as trusts, businesses, retirement plans, estates, and charitable organizations. The firm's investment strategy emphasizes time, diversification, and long-term growth-oriented assets. Clients receive quarterly performance reports and ongoing financial planning services to maintain their investment policy. The firm's advisors, including Steven D. Urban, Jeremy A. Ander, and Lisa J. Sherwood, hold various professional designations such as CFP®, CPA, and CIMA. They provide income tax planning and compliance services separately from investment advisory services. The advisors do not receive additional compensation based on the sale of securities or client referrals. Each advisor has investment advisory discretion and authority to place client trades when authorized.