Business

Professional Wealth Advisors adds new location in Crystal Lake

Headquarters moves to Downers Grove from Crystal Lake

Professional Wealth Advisors opened new offices in fall 2021 at 338 Memorial Drive, Suite 200, in Crystal Lake.

Citing “significant growth through acquisition and adviser recruitment,” Professional Wealth Advisors expanded with new locations in Crystal Lake and Downers Grove, the company announced.

After a merger in 2019, PWA had been based out of the Crystal Lake offices of Dorion-Gray Retirement Planning while it looked for a new location that would allow more flexibility and a more consistent client experience.

PWA “is committed to the Crystal Lake area,” managing partner Stephen Potts said in a statement. “[W]e have a large family of clients to serve there. The new space, in addition to building it out with the PWA design, is linked to the Downers Grove headquarters for seamless access to all advisers and support staff. Clients and advisers will be treated to the very best at both locations.”

The new offices in Crystal Lake are at 338 Memorial Drive, Suite 200, while the new headquarters is in the Corridors I building, next door to previous office space, at 2651 Warrenville Road, Suite 200, Downers Grove.

Space requirements for the Downers Grove headquarters expanded over the past two years from an initial 4,200 square feet to an additional 6,300 square feet, and most recently an additional 11,500 for a total of 22,000 square feet of space, according to a news release.

In addition to conference room and adviser offices, there are full-time accounting, administration and legal resources in-house, according to the release.

Professional Wealth Advisors opened new offices in fall 2021 at 2651 Warrenville Road, Suite 200, Downers Grove