Luke M. Schillo
Director of Planning and Portfolios
P 312.670.6237 | F 312.858.5950
As the Director of Planning and Portfolios, Luke works with clients to provide comprehensive solutions to meet their financial goals. Luke coordinates detailed portfolio level analysis, prepares asset allocations based upon specific client needs and assists in the preparation of financial plans, ensuring that clients are comfortable about their future. Equipped with a deep understanding of the risks associated with investing in capital markets, Luke’s advice regarding asset allocation and specific investment solutions gives his clients confidence when investing for current and future goals.
As the Director of Planning and Portfolios, Luke works with clients to provide comprehensive solutions to meet their financial goals. Luke coordinates detailed portfolio level analysis, prepares asset allocations based upon specific client needs and assists in the preparation of financial plans, ensuring that clients are comfortable about their future. Equipped with a deep understanding of the risks associated with investing in capital markets, Luke’s advice regarding asset allocation and specific investment solutions gives his clients confidence when investing for current and future goals.
Luke prides himself on his dedication to clients and counsels them to help achieve their financial goals. He enjoys getting to know his clients on a personal level. He also enjoys sharing his passion for financial markets with his clients to help them better understand how to turn their financial aspirations into reality.
Luke is a Chicago native and currently resides with his wife in the Lincoln Park neighborhood. He is an avid sports fan and enjoys spending time with his family and friends. Luke also enjoys staying active, and you may see him cycling on the lakefront or playing in fun, pick-up football games.
- Series 65 Uniform Investment Adviser Law Examination
- Mercy Circle Foundation Board
- President of the Park Lincoln Condominium Association
- St. Xavier University Alumni Board
- B.B.A., Finance, Saint Xavier University
- M.B.A., Financial Planning, Saint Xavier University
Financial Literacy for the Rising Generation and Beyond
It is very common for families of affluence to have competent professional advisors to help them manage their investments, their legal affairs and their business operations. So, if a family member is not planning on a career as the Chief Executive Officer or Chief Financial Officer of the family business, or not planning to manage […]
Asset Class in Focus: Alternative Investments
Despite what their name suggests, “alternative investments” have become an increasingly mainstream part of the investment world over the past decade. Most investors have some knowledge of alternative investments as an asset class, but there is still quite a bit of confusion about this eclectic collection of investment types. While there is no official comprehensive […]
Charitable IRA Rollover Eases Tax Pain of RMDs
One downside of contributing to a traditional IRA is that, once you reach age 70½, you must begin taking required minimum distributions (RMDs) — and pay taxes on those distributions — whether you need the money or not. But if you are charitably inclined, you can use a qualified charitable distribution (QCD) to avoid taxes […]
Investment Challenges of the Affluent Investor
High-net-worth investors face investment challenges that some would consider unique to their financial status. The fundamental tenets of investing apply equally to them as with any other investor, but the affluent investor needs to be mindful of issues that typically arise only from substantial wealth. Let’s examine a few of these. Being Too Conservative When […]
Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor. Regardless of what approach you intend to take, here are nine things about retirement that might surprise you. […]
Four Reasons for the Return of Market Volatility
Until early 2018, stocks were enjoying their longest period without a five percent pullback in nearly ninety years.1,2 But in early February, that calm came to a sudden and decisive end, as the Standard & Poor’s 500 Index fell more than six percent during the first three trading days of the month. By February 8, stocks […]
Luke Schillo Featured in Crain’s People on the Move
Luke Schillo is featured in Crain’s Chicago Business’ People on the Move newsletter. Crain’s People on the Move highlights professionals undergoing Chicago-area job changes, promotions and board appointments.
Various Media – ORBA Wealth Advisors Announces Launch
ORBA Wealth Advisors, LLC was recently mentioned in the media for announcing the official launch of the firm. Reporting media include PR Newswire, Verdict, Wealth Adviser, Market Place and Townhall Finance. Click here to view the press release.
ORBA Announces the Launch of Wealth Advisory Subsidiary, ORBA Wealth Advisors, LLC
Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest public accounting firms, is pleased to announce the opening of its new wealth advisory subsidiary, ORBA Wealth Advisors, LLC, an Independent Registered Investment Advisor (RIA).