AdFi
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COSTELLO FINANCIAL PLANNING, INC.

SEC Registered

Helping successful families coordinate investments, taxes, retirement, and life decisions.

, https://costellofinancialplanning.com847-894-2067
Assets Under Management
$100M–$500M
Employees
2
Office Locations
2 offices
Total Accounts
560

About the firm

Costello Financial Planning is a family-owned, fee-only, fiduciary firm that combines the expertise of a Certified Financial Planner™ professional and a Certified Public Accountant to provide integrated financial planning, investment management, and proactive tax planning. The firm serves clients from coast to coast through a highly personalized virtual planning experience. Rob Costello, Paul Costello, and Phil Costello founded the firm, which is rooted in Arlington Heights, IL.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

IndividualsHigh Net WorthCharitable Organizations

Areas of expertise

Financial PlanningInvestment ManagementTax PlanningRetirement PlanningRoth ConversionsTax-loss HarvestingEstate PlanningBusiness SuccessionEquity CompensationCharitable GivingFee-only+5 more

Services

Investment management, proactive tax planning (including Roth conversions, tax-loss harvesting, and charitable giving strategies), retirement planning (coordinating Social Security, income, and withdrawal strategies), and evaluation of major financial decisions such as business sales, stock options, pensions, real estate, and inheritances.

Who they serve

Successful individuals, families, and business owners with between $2 million and $20 million of investable assets, including those approaching retirement, recently retired, business owners, executives, and high-net-worth families.

Client segmentClientsAssets managed
Individuals (Non-HNW)69$175M
High Net Worth Individuals40$17M
Investment Companies0
Pooled Investment Vehicles0$0
Pension/Profit Sharing Plans0$0
Charitable Organizations3$19M
State/Municipal Entities1
Insurance Companies0
Sovereign Wealth Funds0
Corporations0$0

0 total clients reported on Form ADV.

Leadership

Robert Francis Costello
PRINCIPAL

Office locations

2 offices in 1 state
HQ
IL
CHICAGO

Advisors at this firm

2 advisors in the directory

Regulatory & compliance

CRD number
#175295
SEC Number
801-122006
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Flat Fee
Asset tierAnnual rate
First $1,000,0000.99%
$1,000,001 to $2,000,0000.89%
$2,000,001 to $3,000,0000.79%
$3,000,001 to $4,000,0000.69%
$4,000,001 to $5,000,0000.59%
Over $5,000,0000.49%

Data as of March 10, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. COSTELLO FINANCIAL PLANNING, INC. has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.

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