Our Local Team

Our Local Team

 

We passionately care about our clients' financial best interests and doing what is right for them, their families, and/or their organization or company. We believe that structured financial planning is critical to the success of any retirement, investment, or wealth management program.

We are a values-driven company and believe that a primary goal of wealth management is largely achieving abundance and financial confidence for one's self, one's family, and, in a larger context, one's community. Our business is about educating, accessing resources, developing income solutions, evaluating tax considerations, and navigating the financial markets. Providing intellectual capital to bring about more financially secure lives and greater opportunity for successful outcomes is a passion for us. 

In order to prudently provide a high value to our clients, financial instruments consistent with client objectives will be considered, as well as those demonstrating proper registration with regulatory agencies and Commonwealth Financial Network®, our FINRA-registered broker/dealer. We may offer both fee-based and, in some instances, commission-based vehicles, including a variety of modern securities, investment approaches, and insurance products. We have no obligations to proprietary products.

Investment minimums for individual clients are $150,000 in investable assets, and $3,000,000 for retirement plan and corporate clients.
We also have the ability to and may work with clients by means of a retainer or hourly fee.

David Cyrs, MS, CFP®, AIF®, CRC®

Sr. Partner & President

David has a BA in financial management and an MS in business, holds the CERTIFIED FINANCIAL PLANNER™ certification, and brings more than 25 years of executive-level corporate strategic financial planning, capital management, and investment experience to clients. Registered in General Securities since 1995, he founded CYRS Wealth Advisors in 2007, specializing in retirement and wealth management solutions.

Having designed and developed retirement plans and welfare benefit plans for many of the largest employers in the Northern Illinois region, including executive compensation, nonqualified deferred compensation, 401(k)s, he brings much insight in particular to working with physicians, business owners, executives, and retirees. Over the years, he has been passionate helping widows who have been referred to David for trusted advice and counsel.

For more than 20 years, he has been designing and consulting with major corporate retirement plans, including hospitals, and related health care companies, national manufacturing, and service companies.

He holds the Certified Retirement Counselor® (CRC®) designation and has earned the trusted advisor role for discerning financial professional including CPAs, corporate controllers, and lawyers. Developing and implementing customized asset management strategies, in addition to engineered retirement portfolio/investment management solutions, with the goal of making a positive difference in others lives, have always driven David. He is knowledgeable and experienced in individual tax planning, intergenerational wealth transfer, and strategic charitable philanthropy.

He also holds industry licenses, including FINRA Series 66 (Uniformed Combined State Law Examination) securities registration, and is an Investment Adviser Representative (IAR) of Commonwealth Financial Network. He has obtained the Accredited Investment Fiduciary® (AIF®) designation and holds Illinois and other state insurance licenses. 

David has served in various community leadership positions throughout the years, including four years with the Rockford-area Chamber Leadership mentorship program, two years as a board member of Maria Linden Healthcare Center, 10 years as a board member for the MILL Youth Center and Mill Foundation for disadvantaged youth, and several years as volunteer community board of directors member for the Rosecrance Health Network Foundation and Rosecrance Health Network board of directors.

He loves the outdoors and spending time at the lake in Northern Wisconsin, fishing, boating, skiing, golfing, and hiking. He also particularly likes reading history. He is married and has four adult children of whom he is most proud.

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David Cyrs is proud to have been recognized as a Summit Club advisor for 2016—a distinction based on annual production that places him among the top 22 percent of advisors affiliated with Commonwealth Financial Network.

Each year, Commonwealth, the broker/dealer–RIA that helps us process investment transactions on your behalf, recognizes Summit Club advisors by inviting them to an exclusive gathering of their peers, leading industry experts, and Commonwealth home office staff. Summit Club advisors benefit from an intensive learning and networking experience designed to help them hone their expertise, share best practices, and provide ever-higher levels of service, education, and leadership to their clients.

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Based upon 10 objective eligibility and evaluation criteria including a minimum of 5 year as an active credentialed financial professional, favorable regulatory and complaint history, fulfillment of firm’s internal review, accepts new clients, client retention rates, client assets administered, number of households, education and professional designations. 3,411 Chicago wealth managers were considered for the award; 726 (21 percent of candidates) were named 2016 Five Star Wealth Managers. These awards are not indicative of the wealth manager’s future performance. Your experience may vary. For more information visit www.fivestarprofessional.com

John P. O'Connor, AAMS®, AIF®, CLTC®

Associate Wealth Manager

John holds a BA from Western Illinois University and obtained the Accredited Asset Management SpecialistSM (AAMS®) designation from the College for Financial Planning. This designation is designed for advisors looking to build stronger client relationships and provide more comprehensive advice as it relates to investments, insurance, income tax, retirement, and estate planning. He holds FINRA Series 7 (General Securities Representative) and Series 65 (Uniform Investment Advisor Law Examination) securities registrations and is an Investment Adviser Representative (IAR) of Commonwealth Financial Network®. He has more than a decade of experience working with individual clients, families, and retirement plans. His expertise includes retirement asset management and income planning, guaranteed income strategies, corporate retirement plans, and long-term health care solutions. He also holds the Certified in Long-Term Care ( CLTC) and the Accredited Investment Fiduciary® (AIF®) designations.

John believes strongly in developing a comprehensive financial plan that is in line with the client's goals and objectives. He is an excellent educator and truly listens to the people he works with. He understands that each client is unique and deserves customization. John has developed a reputation for excellence in client service and has a passion for helping clients and representing their best interests.

Outside the office, he spends time with his wife and two daughters. He enjoys golfing, fishing, traveling, reading American history, and attending church with his family. He is involved in multiple organizations in the local community.

Joyce M. Willemot, RP®

Administrative Associate

Joyce is a key figure in providing the highly personalized service and professionalism you have come to expect from our firm. She is responsible for the quality of care that each client receives and deserves. Her great strength is the enjoyment she gets from helping clients reach their financial goals. Joyce understands the importance of financial planning, especially retirement planning and retirement accounts.

Joyce has more than 15 years of progressive customer service experience, with the last five years being in the financial services industry. Prior to joining the team, her recent experience includes navigating client services for American Funds’ clients nationwide. Since joining the firm, she has obtained the Registered ParaplannerSM (RP®) designation and is also a notary public.

Joyce makes sure that all documents, applications, and forms are properly and securely rendered in a timely manner. Working closely with clients, she ensures that your questions, requests, and possible problems are handled promptly and efficiently. She is highly skilled at researching and resolving any account questions.

Joyce is also in charge of our firm’s communications to clients—organizing financial reports, distributing all firm information, and ensuring that all important notices are sent. We pride ourselves on our strong relationships with our clients, and Joyce’s efforts are a large part of those relationships.

Outside of the office, Joyce spends time with her husband and two dogs. She enjoys reading, travel, and home decor DIY projects.