Siligmueller & Norvid Wealth Advisors LLC

Siligmueller & Norvid Wealth Advisors LLC is a financial advisory firm based in Glen Ellyn, Illinois, established in 1998 as Siligmueller Financial Management LLC. The firm specializes in providing financial planning and investment advisory services primarily to individuals with $1,000,000 or more in investment assets. As of December 31, 2024, the firm manages approximately $299,243,346 in assets on a discretionary basis. The firm acts as a fiduciary, meaning it is obligated to act in the best interests of its clients. For financial planning services, the firm conducts comprehensive assessments of clients' financial situations, investment goals, and risk tolerance, developing personalized financial plans using third-party software for analysis. Investment advisory services include developing and implementing client-specific investment plans based on financial goals, recommending strategic asset allocation strategies, and managing portfolios with a mix of stock and bond mutual funds, ETFs, and individual securities. The firm charges fees based on a percentage of assets under management, with rates ranging from 0.40% to 0.75% annually. Clients have investment discretion, allowing the firm to make trades without prior client approval. The firm's investment philosophy focuses on strategic asset allocation, diversification, and a long-term approach to investing. Siligmueller & Norvid Wealth Advisors does not recommend high-risk securities like private equity placements, hedge funds, or index-linked annuities due to liquidity concerns. The firm's principals, Dale S. Siligmueller and Steven R. Novid, are experienced professionals with backgrounds in finance and hold relevant certifications such as Certified Public Accountant (CPA) and Chartered Financial Analyst (CFA). They adhere to a Code of Ethics that prioritizes clients' interests and maintain high standards of professional conduct. The firm does not have any disciplinary events to report. Clients receive regular reports on portfolio performance and have access to online account information through the custodian, Charles Schwab & Co. Inc.