Kollar Wealth Advisors provides personalized financial planning and investment management services to individuals, trusts, estates, charitable organizations, and small businesses. Founded in 2009 and based in Northbrook, Illinois, the firm helps clients navigate retirement planning, cash flow management, tax strategies, insurance reviews, and legacy planning. Kollar Wealth Advisors builds customized portfolios based on each client's specific goals, risk tolerance, and time horizon, and also offers management for variable annuities and variable life insurance products. In addition to direct portfolio management, the firm can coordinate with third-party money managers or use sub-advisors to oversee client accounts. Kollar Wealth Advisors operates as a fee-based practice, charging either a percentage of the investments they manage, fixed fees, or hourly rates for planning projects. The firm does not sell commissioned investment products like mutual funds or stocks, though the managing member is separately licensed as an insurance agent and may offer insurance products outside of the advisory relationship.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.85% |
| $1.0M - $5.0M | 1.15% |
| $5M+ | 1.00% |
Rates apply to standard accounts. Separate tiered schedules exist for income-only accounts over $5M. Variable annuity and variable life management is charged at a flat 1.00%.