Palatine, IL Office

Detterbeck Wealth Management is an SEC-registered wealth manager that serves individuals (including high-net-worth clients), plan participants, trusts, estates and business entities. The firm offers investment management and financial planning services, with a Total Wealth Management program for clients with portfolios generally above $1,000,000 and standalone special-project business consulting engagements.

The firm’s investment process follows a Core & Satellite approach that uses low-cost passive mutual funds and ETFs for core equity and fixed-income exposure and a satellite sleeve of liquid alternatives to seek non-correlated returns; portfolio management emphasizes regular rebalancing, tactical style weighting, and daily monitoring. Financial planning follows a CFP six-step process and the firm describes using an in-house quantitative research process to screen funds for its Liquid Alternatives model.

Noteworthy distinctions disclosed in the brochure include that a principal of the firm is a Certified Public Accountant who holds an ownership stake in an accounting firm, and the brochure acknowledges the potential conflict of interest if clients are referred for CPA services. The firm also discloses the use of client testimonials in advertising (an uncommon practice among similar supported firms) and recently revised its client programs—ending an Emerging Investor offering and setting a $1,000,000 minimum for its Total Wealth Management service.