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We’re Fiduciaries!
Fiduciaries are bound by law to put their client’s interest first. We take our roles as trusted advisors seriously. We will be there to guide you through life’s tough decisions without you believing for a second that your success follows ours.
We earn our clients trust and confidence in our approach to personal finance by tailoring our strategic recommendations to their personal situation. Our goal is to help you plan for life events you expect and overcome those you don’t.
Why Latko Wealth Management?
There are more than 130,000 financial advisors in the united states, why should you work with Latko Wealth Management, Ltd.? We have the heart of a teacher and we want you to understand and be educated on your investments – with as much or as little information as you’d like.
We make the complex simple. As your trusted advisor, we're focused on adding convenience and simplicity to your life. We are much more than results. We’re about helping you understand where those results came from and why we chose the strategy we did. If you are tired of the mystery of investing and want to know exactly what’s happening with your money, schedule an appointment today.
OUR MISSION
To help our clients manage their wealth through the transitions of life through education, communication and service which exceeds their expectations.
OUR VISION
We want to be known as the most caring, collaborative, and client-focused wealth management firm by building lifelong relationships with every client and those they care most about.
LOW FEES/TRANSPARENCY
Most of our clients pay between .50-1.50% of assets under management for investment expertise depending on the size and complexity of the account. Your costs will be clearly defined and easy to understand with expenses kept low by using low cost Exchange Traded Funds (ETFs) and mutual funds. We do not charge our clients for office appointments or phone calls.
Dave Ramsey SmartVestor Pro
SmartVestor Pros are held to a higher standard of excellence. To become a SmartVestor Pro there is a 45-person team that interviews the applicant several times to make sure the advisor provides the advice Dave Ramsey would give. They also make sure that it is someone you feel comfortable talking to and is a person you can trust.
Financial Planning
The foundation and cornerstone to every healthy
financial family, a well-rounded and understood financial plan. We
encompass every aspect of your financial life from today, to retirement
and beyond. We design a plan that evaluates your current situation by
analyzing your assets, income and expenditures to identify the day to
day as well as the big picture.
Investment Management
Using a combination of the latest technology and our
team of financial professionals, we regularly monitor your portfolio to
ensure you are taken care of. While working with our team, we will build
out your model and continually evaluate your portfolio in order to help
you towards your goals. Your unique risk tolerance, time horizon and
goals all feed into a properly diverse portfolio.
Trust/Estate Planning
Have confidence in your legacy plan. We work along
side your attorneys or provide our own to tailor a custom plan for your
desires. Your legacy spreads much further than just your assets, its
your personal values, the memoires that carry on and your entire belief
system. Your estate plan should be a reflection of that legacy and how
you want to leave it.
Risk Management
Often forgotten about is protecting the wealth you
have built over a lifetime. Predicting and managing these risks is key
to your overall success. As a part of addressing every single aspect of
your financial well being we will review your current coverage and
suggest ways you can improve.
Tax Strategies
We work directly with your accountant to review
recent tax returns and identify possible savings or opportunities giving
you proactive ideas to save money in the future. Year round we work
inside your investment accounts to help minimize tax obligations by
providing tax strategies and tax efficient investments.
Charitable Giving
Whatever you hold close to your heart, we’ll
help incorporate your philanthropic efforts into your financial plan and
investment goals. Together we can clarify and define your charitable
goals while developing a plan to help you achieve them.
Retirement
Everyone has their own definition of retirement. For
some, it’s that family vacation you’ve always dreamed of.
For others, it’s not running out of money. We help you pinpoint
your definition of a great retirement, then help you build the legacy
you’ve dreamed of. Many difficult decisions must be made and you
don’t have to do them alone. Let’s plan for your golden
years together in a way that doesn’t involve cookie cutters.
Social Security Guidance
Who, when, why, how, are some of the many questions
needing answers to when properly planning for social security. There are
no take backs and it is a serious decision that will stay with you for
the rest of your life. There is no one answer for everyone. Along side
your financial plan, we take your goals and align them with a strategy
that best fits a timeline for when you should start your social security
income.
College Preparation
College planning has many various options available.
Coverdell ESA’s, 529 plans or UTMA/UGMA accounts can all be useful
depending on your overall goals for each child. Once we have you in a
financially healthy state with a well-rounded financial plan, we can
focus on what best makes sense for your children’s future. Many
tax advantages go along with these plans and we will pair you up with
the one that suits your child best.
Dave Ramsey
Being a SmarVestor Pro isn’t easy; it’s hard work because they’re held to a higher standard of excellence. There is a 45-person team that interviews potential Smartvestor Pros several times and provide support to make sure your Smartvestor Pro provides the advice Ramsey Solutions would give. They also make sure that every Smartvestor Pro is someone you can feel comfortable talking to and is a person you can trust. On top of that, every Smartvestor Pro is evaluated every month, to make sure the best agent possible is recommended. Every person who uses a Smartvestor Pro has the chance to grade them based on their personal experience through surveys provided.
What does it mean to be a SmartVestor Pro?
I agree to the SmartVestor Code of Conduct.
I believe everyone deserves access to solid, professional investing guidance. I have earned
my position as a SmartVestor Pro because of my experience in the industry and my drive to
help others.
I provide a refreshing twist on financial planning.
I have the heart of a teacher, not the attitude of a salesman. I’m someone you can
feel comfortable talking to and someone you can trust. We’ll work together to create a
plan to help you reach your goals.
I care about your future.
I’m more than a “financial planner”—I’m someone you can relate
to and share your dreams with. I fit your investments to your life, help you understand what
you’re investing in and why, and encourage you to stick with your long-term goals.
SmartVestor is an advertising and referral service for investment professionals operated by The Lampo Group, LLC d/b/a Ramsey Solutions (RS). When you provide your contact information through the SmartVestor site, RS will introduce you to up to five (5) investment professionals (Pros) that are in your geographic area, including David W Latko ("Adviser"). It is up to you to interview Adviser and decide whether you want to hire them. If you decide to hire Adviser, you will enter into an agreement directly with Adviser to provide you with investment advisory services. Adviser has signed a Code of Conduct under which it has agreed to certain general investment principles, such as eliminating debt and investing for the longer-term, that are consistent with Dave Ramsey's philosophy, but RS does not monitor or control the investment advisory services Adviser provides.
Adviser has entered into an arrangement with RS under which Adviser pays RS flat monthly fees to advertise its services through SmartVestor and to receive client referrals in the form of an initial introduction to interested consumers who are located in Adviser's geographic region. The fees paid by Adviser to RS are paid irrespective of whether you become a client of Adviser, and are not passed along to you. However, the presence of these arrangements may affect Adviser’s willingness to negotiate below its standard investment advisory fees, and therefore may affect the overall fees you pay. Please ask your Adviser for more information about its fees.
RS is not affiliated with Adviser and neither RS nor any of its representatives are authorized to provide investment advice on behalf of Adviser or to act for or bind Adviser. No investment advisory agreement with Adviser will become effective until accepted by Adviser.
Neither RS nor its affiliates are engaged in providing investment advice. RS does not receive, control, access or monitor client funds, accounts, or portfolios. RS does not warrant any services of Adviser or any SmartVestor Pro and makes no claim or promise of any result or success by retaining Adviser. Your use of SmartVestor, including the decision to retain the services of Adviser, is at your sole discretion and risk. Any services rendered by Adviser are solely that of the Adviser. The contact links provided connect to third-party sites. RS and its affiliates are not responsible for the accuracy or reliability of any information contained on third-party websites.
Meet the Family
We want you to feel like part of our family.
We at
Latko Wealth Management, Ltd. strongly believe in investing in our community,
and we know that the younger generations are our greatest asset. That is why we are thrilled to
sponsor the industry’s leading personal finance curriculum, Foundations in
Personal Finance. We’re providing it free of charge to the
Lincoln Way area high schools starting in the Fall of 2021.
We have joined forces with Dave Ramsey, one of America’s most well-known financial experts. This relationship reflects Latko Wealth Management’s desire to help clients manage their wealth through the transitions of life and serve as a leader in our communities.
Jim King, Vice President of Ramsey Education Solutions, said, “we are thrilled to be working with Latko Wealth Management, Ltd. They have demonstrated a strong commitment to financial education and empowering students with financial skills that will last a lifetime.”
Dave Ramsey’s Foundations in Personal Finance course is a comprehensive curriculum designed to provide students with sound financial principles that will guide them into adulthood. On video, Ramsey and his team educate and entertain students as they learn how to avoid debt, build wealth, and give like no one else.
Look for exciting updates! We’ll be sharing more about the schools we’re sponsoring and the number of students receiving the money skills that will help them thrive in today’s economy.
John and David Latko at the
Kool-aid stand in 1958
Latko Wealth Management, Ltd. was built from the hard work, high morals, and deep compassion of our President, David Latko. While moving up ranks and working at top “brand-name” financial firms, David found himself discouraged by the “sales over service” mentality he saw around him. David knew his clients deserved more than the “product of the month” and wanted his clients to understand where their money was going and what they were paying. On his own he could model this new company around the client with regular communication, education, and genuine care.
Wanting to start a family of their own yet staying near to their families David, and wife Janice, decided to plant roots in Frankfort, IL and later moved to nearby Mokena, IL. They are both highly involved at their church and are often found helping and laughing around the community. David added his brother, John Latko, to his staff as this was their second business venture together. The first being a highly sought-after Kool-Aid stand in Hammond, IN during the summer of 1958. David and Janice now have 2 children, Tiffany and David Jr. who both graduated from Olivet Nazarene University and are both crucial pieces in the company along with their family dog, Sunoco. Tiffany’s love for people and bubbly personality make her an amazing Director of First Impressions. David Jr. perfectly fulfills his role as an advisor sharing his father’s desire to educate and empower clients on their investments. Both possess the same high morals and deep compassion for the community and people around them, as their parents.
Left to right: Jan Latko, David Latko Jr.,
Marissa Latko, David Latko Sr., Tiffany Latko
What We Do
Dynamic Planning
With State-of-the-art software, we run a series of scenario analyses to provide a dynamic, continuously updated view of your financial situation today, and in the future. The goal is simple: to help successful individuals simplify their personal finances and plan for the future with confidence.
FAMILY
The people you love are your strongest motivation—in all areas of life, including financial planning. Latko Wealth Management, Ltd. helps develop strategies so you and your family can live the best life possible, given the money you have.
RETIREMENT
“Are you saving enough for retirement?” isn’t the right question. Savings are not as sustainable as a personal investment strategy. We develop one for you that will take over as a main revenue stream when your salary is no more.
LEGACY
What you do today has a huge effect on what tomorrow can be. Position yourself now to make the most of your estate. You realize the financial planning process extends beyond you, to other generations and even causes that you care about. We help ensure your assets will be distributed according to your wishes in the most tax-advantageous way, to maximize the support for your family and charitable organizations.
Latko Wealth Management Brochure
The Latko Wealth Management Difference. 8 ways to benefit and more...Download PDF
Inspiration
Resources
Welcome to our research center! We have created a library of information on important financial topics that we believe you'll find helpful.CALCULATORS
A host of financial tools to assist you.
ARTICLES
Educate yourself on a variety of financial topics.
FLIPBOOKS
These magazine-style flipbooks provide helpful information on a variety of financial topics and illustrate key financial concepts.
VIDEOS
These engaging, short animations focus on a variety of financial topics and illustrate key financial concepts.
GLOSSARY
Financial terms from A to Z.
NEWSLETTERS
Timely newsletters to help you stay current.
Come See Us, By Appointment Only.
Latko Wealth Management, Ltd.
45 E. Colorado Ave.
Frankfort, IL 60423
45 E. Colorado Ave.
Frankfort, IL 60423
