Rothschild Wealth Partners Acquires $300M Advisory Team
Rothschild Wealth Partners, a Chicago-based registered investment advisor and broker-dealer, has acquired Siligmueller & Norvid Wealth Advisors (SNWA), an independent advisory firm located in Glen Ellyn, Illinois, managing approximately $300 million in client assets. The acquisition marks another key step in Rothschild’s strategy to expand its presence across the Midwest and deepen its relationships with business owners, families, and high-net-worth clients.
Founded in 1998 by Dale Siligmueller, who later partnered with Steve Norvid in 2008, SNWA has built a reputation for delivering personalized, fiduciary-driven financial advice. “Joining Rothschild Wealth Partners represents a natural next step for our firm and clients,” said Dale Siligmueller, Founder and Partner of SNWA. “With Rothschild’s resources and scale behind us, we can expand our capabilities while continuing to deliver the personal attention and trust that have always defined our firm.”
The transaction, led by Mac O’Brien, Chief Growth Officer at Rothschild Wealth Partners, reflects the firm’s national expansion strategy focused on partnering with like-minded advisory businesses that emphasize fiduciary excellence, integrity, and long-term relationships. “Siligmueller & Norvid illustrates the type of firm we seek to partner with—deeply rooted in their community, client-centric, and built on integrity,” said Phil Johnson, President and Partner at Rothschild Wealth Partners. “Together, we will bring clients an even broader suite of planning, tax, and investment capabilities supported by a platform designed to empower advisors and elevate the client experience.”
Founded in 1908, Rothschild Wealth Partners now comprises a team of more than 70 professionals, including 25 financial advisors, serving affluent families and business owners nationwide. The firm provides comprehensive services spanning investment management, tax and estate planning, business succession strategies, and generational wealth transfer.
The acquisition of SNWA adds to Rothschild’s growing network of offices in Chicago, Glen Ellyn, Oak Brook, Northbrook, Denver, and Nashville.