Financial planners in Illinois

RULES & SOURCE GUIDANCE

Understand which requirements apply

Use the SEC’s search to check investment-professional registration and relationship disclosures. Match the individual, firm and role; the title “financial planner” alone does not explain the services, compensation or duties offered. SEC Investor.gov: investment professionals.

This is introductory guidance, not a complete review of every Illinois or local rule. A source may describe national guidance or professional standards rather than a legal requirement. Explore Illinois guidance.

PARTINGPOINT STANDARDS · PROPOSED FOR REVIEW

The evidence we propose requiring

These are our proposed review criteria, separate from legal requirements. Publishing them does not certify existing listings or change their badges.

Professional registration and scope

Match the individual and firm to relevant regulator records and the services actually offered.

Fees and conflicts

Review compensation, referral payments, conflicts and any written fiduciary commitment.

Identity and relevant credentials

Record the responsible business or organization and service area. Check applicable licenses with the issuer and distinguish mandatory permissions from voluntary training or membership.

Clear terms and a contact for concerns

Keep dated service terms, charges or eligibility information, cancellation arrangements where relevant, and a named route for questions and complaints.

Keep evidence current

Record the source, date checked, scope and any expiry. Missing evidence remains unverified. We propose rechecking dated or expiring information and removing affected verification claims when evidence is no longer valid. These are proposed editorial controls, not an automated renewal system.

Payment or claiming a listing does not satisfy these checks. Any future recommendation would require separately published criteria.

QUESTIONS TO ASK

A useful starting conversation

• Which regulated role are you acting in for us?
• How are you paid, and will you put your duties to us in writing?