DiBenedetto & Associates

What DiBenedetto & Associates does

DiBenedetto & Associates, Ltd. is a family-owned, fee-only registered investment advisor incorporated in 1980 and headquartered at 4920 Forest Hills Road in Loves Park, Illinois (Rockford area). The firm provides integrated wealth management services — investment management, comprehensive financial planning, and ancillary retirement-plan and major-purchase advisory — to high-net-worth individuals and families, primarily within Illinois. The firm charges tiered AUM-based advisory fees (1.00% on $500K–$999,999 and 0.85% on $1M and above), billed quarterly in arrears, bundled with financial planning services, and operates behind a $500,000 minimum account size. Custody is held at Charles Schwab & Co., Inc., which provides monthly statements and trade confirmations, while DiBenedetto retains discretion over client accounts.

The firm serves over 225 clients with more than $100 million in assets under management, delivered through a deliberately small team of five staff members. Three DiBenedetto family principals — Charles J. DiBenedetto (President, founder), Jeffrey C. DiBenedetto (Executive Vice-President, joined 2002), and Alex J. DiBenedetto (Vice President and Chief Compliance Officer, joined 1998) — anchor the practice, supported by a Director of Operations and an Administrative Assistant. Service delivery is high-touch and personalized, with customized Investment Policy Statements, quarterly portfolio reviews, and access to a standard menu of asset classes (large/mid/small-cap equities, REITs, international, fixed income, individual bonds, CDs). The firm registered with the SEC as an investment advisor in 1998, transitioning from a commission-based insurance and investment model to the current fee-only structure.

The business is privately held, with no parent company, subsidiaries, external investors, or M&A activity disclosed. Geographic operations are restricted to Illinois, with no remote-advisor or multi-state licensing evident. Marketing is relationship-driven and community-based rather than digital, and the technology stack is limited to the Charles Schwab custodial platform plus proprietary quarterly reporting — no AI/ML capabilities, mobile applications, or public APIs are in evidence.

Name

DiBenedetto & Associates

Legal name

DiBenedetto & Associates, Ltd.

Website

https://trustdnb.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

1–10 employees

Short description

DiBenedetto & Associates, Ltd. is a family-owned, fee-only SEC-registered investment advisor in Loves Park, Illinois, providing investment management and financial planning to 225+ high-net-worth individuals with over $100 million in assets under management and a $500,000 minimum account size.

Ownership category

akta.pro rank

Product category

Wealth Management Services

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

akta.pro secondary industry

Business Owner & Executive Financial Planning (FSAEAAAO)

Keywords

• Wealth management services
• Investment advisory
• Financial planning
• Retirement planning
• Estate planning

Headquarters

HQ city

Loves Park

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. AUM-based Advisory Fees: Fee-only investment advisory services with annual fees based on assets under management. Fees billed in arrears and charged quarterly.
2. Financial Planning Services: Comprehensive financial planning including retirement planning, estate planning, tax planning, and wealth transfer strategies included as part of overall service offering.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

DiBenedetto & Associates is a fee-only, SEC-registered investment advisory firm that provides discretionary and non-discretionary investment management of client portfolios held in custody at Charles Schwab & Co., Inc., along with comprehensive financial planning and ancillary services such as qualified retirement plan design and major purchase negotiation assistance. The firm serves more than 225 client relationships with a $500,000 minimum account size and over $100 million in assets under management from its Loves Park, Illinois office.

Product overview

DiBenedetto & Associates operates as a fee-only registered investment advisor offering a unified wealth management service with three integrated components: Investment Management (custom asset allocation and trading), Financial Planning (comprehensive life and estate planning), and Other Services (retirement plan administration and major purchase guidance). The firm serves high-net-worth clients with a minimum account size of $500,000 and manages over $100 million in assets for 225+ clients. All services are delivered with personalized attention through their team of five staff members, with assets held in custody at Charles Schwab & Co., Inc.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Management Discretionary and non-discretionary management of client investment portfolios anchored by a written Investment Policy Statement, with assets custodied at Charles Schwab & Co., Inc. and reported via customized quarterly performance statements. Designed for high net worth individuals and families with a $500,000 minimum account size.
• Financial Planning Comprehensive financial planning services delivered on a consulting-fee basis to individual clients and families, covering retirement, estate, and broader household financial planning needs. Offered alongside investment management or as a standalone engagement.
• Other Services (Qualified Retirement Plans & Major Purchase Negotiations) Ancillary advisory services including the design and ongoing support of qualified retirement plans and the negotiation of major purchases (such as real estate or business transactions) on behalf of clients. Targeted at high net worth individuals, families, and business owners who already meet the firm's $500,000 minimum.

Quantifiable outcome

• Serves over 225 clients with consistent and personal attention
• +1 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Edelman Financial Engines: Large national fee-based RIA combining advisor-led wealth management with digital planning tools for HNW and mass-affluent clients. Comparable in client segment and a competitor for fee compression-driven client migration.
• Carson Group: National network of fee-only RIAs providing investment management and financial planning with custodial and back-office support. Comparable as both a competitor for HNW clients and a potential partner/acquirer for small RIAs.
• Fisher Investments: Large asset manager primarily serving HNW clients with discretionary portfolio management. Comparable in target client and AUM-fee business model, though much larger and not a local community-rooted firm.
• Mariner Wealth Advisors: Large national RIA offering fee-only investment management and financial planning to HNW clients. Comparable as a scaled-up version of DiBenedetto's service model and a potential acquirer of sub-$500M AUM firms.
• Mercer Advisors: National fee-only RIA providing wealth management, estate, tax, and investment services to HNW households. Comparable as a scaled RIA consolidator active in acquiring smaller practices like DiBenedetto.

Direct peers

• Moneta Group: Fee-only, fiduciary RIA serving HNW families with integrated investment management, financial planning, retirement, and estate services. Directly comparable service bundle and minimums to DiBenedetto.
• Ronald Blue Trust: Fee-only Christian-aligned RIA providing investment management, financial planning, and estate/wealth transfer services to HNW families. Closely comparable in scope (planning + portfolio management) and fiduciary, fee-only positioning.
• SageView Advisory Group: Fee-only RIA focused on retirement plan consulting and HNW wealth management. Comparable in offering integrated advisory plus qualified retirement plan services, which is also part of DiBenedetto's offering.
• Buckingham Strategic Wealth: Fee-only, fiduciary RIA focused on evidence-based investment management and comprehensive financial planning for HNW clients. Highly comparable service model, fee structure, and client segment to DiBenedetto.

Regional players

• Creative Financial Group: Fee-only, fiduciary wealth management firm also based in the Rockford/Loves Park, Illinois area serving HNW individuals. Directly comparable as a same-geography, same-model, same-minimum competitor targeting the same client base.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DiBenedetto & Associates