Arbor Financial Services, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Arbor Financial Services provides discretionary portfolio management and limited financial planning to individuals, including high‑net‑worth clients, as well as trusts and estates. The firm offers advisory services on either a bundled wrap‑fee basis or on an unbundled basis where investment advisory, brokerage, and custody are arranged separately.
Arbor manages client assets using firm-developed model portfolios and employs a mix of analytical approaches (including technical, fundamental, cyclical analysis and modern portfolio theory) to construct allocations in equities, fixed income, mutual funds and ETFs. Management is typically discretionary, and clients in model portfolios generally cede day‑to‑day security selection to the firm while retaining the ability to impose written restrictions on their accounts.
A distinctive feature is that Arbor sponsors and serves as the portfolio manager of a wrap fee program, a structure that bundles execution, custody, reporting and management into a single program and requires execution and custody through LPL Financial. The firm routinely requires clients to grant discretionary trading authority, may aggregate trades across accounts, and supplements advisory services with limited fee‑based financial planning and referral arrangements.
Client services
Expertise
Fee options
Fixed fees from $500 to $5,000 for financial planning/consulting services
$0 - $500,000: 3.00% (Equity & Balanced Wrap Fee Program) $500,001 - $1,000,000: 2.50% (Equity & Balanced Wrap Fee Program) $1,000,001 - $2,000,000: 2.00% (Equity & Balanced Wrap Fee Program) $2,000,001+: 1.60% (Equity & Balanced Wrap Fee Program) $0 - $500,000: 1.50% (Fixed Income Wrap Fee Program) $500,001 - $1,000,000: 1.25% (Fixed Income Wrap Fee Program) $1,000,001 - $2,000,000: 1.00% (Fixed Income Wrap Fee Program) $2,000,001+: 0.75% (Fixed Income Wrap Fee Program) $0 - $500,000: 1.50% (Mutual Fund Allocation Wrap Fee Program) $500,001 - $1,000,000: 1.25% (Mutual Fund Allocation Wrap Fee Program) $1,000,001 - $2,000,000: 1.00% (Mutual Fund Allocation Wrap Fee Program) $2,000,001+: 0.75% (Mutual Fund Allocation Wrap Fee Program) $0 - $500,000: 2.00% (Equity & Balanced Non-Wrap Fee) $500,001 - $1,000,000: 1.50% (Equity & Balanced Non-Wrap Fee) $1,000,001 - $2,000,000: 1.00% (Equity & Balanced Non-Wrap Fee) $2,000,001+: 0.75% (Equity & Balanced Non-Wrap Fee) $0 - $500,000: 1.25% (Fixed Income Non-Wrap Fee) $500,001 - $1,000,000: 1.00% (Fixed Income Non-Wrap Fee) $1,000,001 - $2,000,000: 0.85% (Fixed Income Non-Wrap Fee) $2,000,001+: 0.75% (Fixed Income Non-Wrap Fee) $0 - $500,000: 1.25% (Mutual Fund Allocation Non-Wrap Fee) $500,001 - $1,000,000: 1.00% (Mutual Fund Allocation Non-Wrap Fee) $1,000,001 - $2,000,000: 0.85% (Mutual Fund Allocation Non-Wrap Fee) $2,000,001+: 0.75% (Mutual Fund Allocation Non-Wrap Fee)
$100 to $500 per hour for financial planning/consulting services
Fee-only: Fixed fees range from $500 to $5,000; hourly fees range from $100 to $500 for financial planning/consulting services
Main office
2001 Butterfield Road, Suite 500
Downers Grove IL 60515
Advisors at this office
4
Most active in
Colorado · Florida · Illinois · Indiana · Michigan · Texas · Wisconsin
Also doing business as
American National Investment Advisors, LLC · Arbor Financial Services, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Peter C
Series 63, Series 65
Downers Grove, IL
Arbor Financial Services, LLC
Peter Claeys is a financial advisor with Arbor Financial Services, LLC in Downers Grove, IL, holding Series 63 and Series 65 licenses and bringing 27 years of industry experience. He has been with Arbor Financial Services since 2012 and is also involved with Profitability Concepts & Consulting, LLC, a holding company for Arbor Financial Services. Arbor Financial Services provides discretionary portfolio management and limited financial planning to individuals, including high-net-worth clients, as well as trusts and estates. The firm uses firm-developed model portfolios and a combination of analytical methods to manage client assets, typically on a discretionary basis, and offers both bundled wrap-fee and unbundled advisory services.
Peter J
CFA®
Downers Grove, IL
Arbor Financial Services, LLC
Peter Jankovskis is a CFA® charterholder with four years of industry experience, currently serving as a financial advisor at Arbor Financial Services, LLC since 2021. He previously worked at Oakbrook Investments, LLC for 12 years. Arbor Financial Services provides discretionary portfolio management and limited financial planning primarily to individuals, including high-net-worth clients, as well as trusts and estates. The firm uses proprietary model portfolios and a combination of analytical methods to manage client assets, typically on a discretionary basis.
Katharine S
Series 65
Downers Grove, IL
Arbor Financial Services, LLC
Katharine Schwartz is a financial advisor at Arbor Financial Services, LLC with a Series 65 designation and one year of industry experience. She previously worked at Lifestart Wellness Network for nine years before joining Arbor Financial Services. Arbor Financial Services provides discretionary portfolio management and limited financial planning to individuals, including high-net-worth clients, as well as trusts and estates. The firm uses firm-developed model portfolios and a combination of analytical approaches to manage client assets, typically on a discretionary basis.
Paul B
Series 65
Downers Grove, IL
Arbor Financial Services, LLC
Paul Beran is a financial advisor at Arbor Financial Services, LLC in Downers Grove, Illinois, holding a Series 65 designation with 12 years of industry experience. He has been with Arbor Financial Services since 2013. Arbor Financial Services provides discretionary portfolio management and limited financial planning to individuals, including high-net-worth clients, as well as trusts and estates. The firm employs a range of analytical approaches and firm-developed model portfolios, offering services through both bundled wrap-fee programs and unbundled advisory arrangements.
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