Michelle L. Smalenberger

FINANCIAL DESIGN STUDIO

DEER PARK, IL 60010

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CRD#: 6058074

Professional summary

Michelle Lynn Smalenberger, CFP®, who also goes by Michelle Lynn Borne, is a registered financial advisor currently at FINANCIAL DESIGN STUDIO, INC. located in Deer Park, Illinois.

Michelle is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2012. Michelle has worked at 2 firms and has passed the Series 65 exam.

Core Areas of Focus

High Net Worth Client Needs

Investment Advice with Ongoing Management

Middle Income Client Needs

Retirement Plan Investment Advice

Retirement Planning & Distribution Rules

Tax Planning

Question & Answer

What are your service offerings?

Tax Planning

Comprehensive Financial Planni...

Retirement Planning

Are you a "fiduciary"?

Yes

Aliases

Michelle Lynn Borne

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Michelle Lynn Smalenberger's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

CFP^®

Certified Financial Planner

Start date: 2014

Experience

Current

February 9, 2017 - Present

FINANCIAL DESIGN STUDIO, INC.

Office #1: 21660 West Field Parkway Suite 118, Deer Park, IL 60010

RIA

CRD#: 286686

DEER PARK, IL

Past

August 23, 2012 - February 14, 2017

KABAREC FINANCIAL ADVISORS LTD

RIA

CRD#: 105689

PALATINE, IL

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

FINANCIAL DESIGN STUDIO, INC.

CRD#: 286686 / SEC#: 801-134607

RIA

Registered Investment Advisory firm - (11/18/2025 Approved)

Illinois

Registered Investment Advisory firm - (11/22/2025 Terminated)

Kansas

Registered Investment Advisory firm - (11/22/2025 Terminated)

Texas

Registered Investment Advisory firm - (11/22/2025 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

Highlighted states indicate IAR registrations

IAR

Illinois
(2/9/2017)

IAR

Kansas
(8/27/2021)

IAR

Texas
(9/16/2019)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 65

Date: 8/22/2012

Uniform Investment Adviser Law Examination

Current Firm

FINANCIAL DESIGN STUDIO, INC.

CRD#: 286686 / SEC#: 801-134607

RIA

Registered Investment Advisory firm - (11/18/2025 Approved)

Illinois

Registered Investment Advisory firm - (11/22/2025 Terminated)

Kansas

Registered Investment Advisory firm - (11/22/2025 Terminated)

Texas

Registered Investment Advisory firm - (11/22/2025 Terminated)

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Contact information

Main Address

21660 West Field Parkway Suite 118, Deer Park, IL 60010

Mailing Address

Phone number

(847) 238-8050

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (3 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

FORM ADV PART 2A (2/11/2026)

Regulatory assets under management

Total Number of Accounts	452
AUM (Assets Under Management)	$ 105,500,000

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Michelle L. Smalenberger

Professional summary

Core Areas of Focus

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Michelle Lynn Smalenberger's CRS (Customer Relationship Summary).

Certified licenses

Experience

FINANCIAL DESIGN STUDIO, INC.

KABAREC FINANCIAL ADVISORS LTD

Primary Firm SEC Registration

FINANCIAL DESIGN STUDIO, INC.

State Registrations and Notice Filings

Exams

Series 65

Date: 8/22/2012

Current Firm

FINANCIAL DESIGN STUDIO, INC.

Contact information

SEC notice filing (3 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

FINANCIAL DESIGN STUDIO, INC.

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