MF
Michael S. Furla
ORBA WEALTH ADVISORS
CHICAGO, IL 60611-5313
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CRD#: 6855048
MF
Professional summary
Michael Spero Furla, CFP®, who also goes by Michael Furla, is a registered financial advisor currently at ORBA WEALTH ADVISORS, LLC located in Chicago, Illinois.
Michael is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2017. Michael has worked at 3 firms and has passed the Series 63, Series 7TO and SIE exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Michael Furla
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.
1- 04/29/2025 - Furla Investments Inc - DBA for LPL Business (entity for LPL business) - Investment Related - At reported business location(s) - Start Date:04/22/2025 -16 hrs mth / 8 hrs during trading. 2- 04/29/2025 - Furla LLC - Business Entity For Tax/Investment Purposes Only - Not Investment Related - Northbrook IL - Start date: 03/31/2023 - 5 hrs mth 0 hrs during trading. 3- 04/29/2025 - Bond Data - Business Owner - Not Investment - Northbook, IL - Start date: 06/01/2024 - 10 hrs mth 0 hrs during trading . 4) 07/09/2025 - ORBA Wealth Advisors, LLC - Investment Related - Registered Investment Advisor Hybrid - At Reported Business Location(s) - Start Date:04/04/2025 - 160 Hrs/Mth - 40 Hrs During Trading.I provide investment advisory services through ORBA WEALTH ADVISORS, LLC, an independent investment advisor firm. I started this business activity in 7/2025. I expect to spend approximately 160 hours per month on this activity. Please see the advisory firm's Form ADV for more information about its address, the nature of its business, its owners, and its services at http://www.adviserinfo.sec.gov/IAPD. The firm is separate from and independent of LPL Financial. 5) 07/09/2025 - ORBA Wealth Advisors, LLC - Investment Related - Registered Investment Advisor DBA - At Reported Business Location(s) - Start Date:04/04/2025 - 160 Hrs/Mth - 40 Hrs During Trading.I provide investment advisory services through ORBA WEALTH ADVISORS, LLC, an independent investment advisor firm. I started this business activity in 7/2025. I expect to spend approximately 160 hours per month on this activity. Please see the advisory firm's Form ADV for more information about its address, the nature of its business, its owners, and its services at http://www.adviserinfo.sec.gov/IAPD. The firm is separate from and independent of LPL Financial.
CRS (Client Relationship Summary) - RIA
Click below to view Michael Spero Furla's 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®
Start date: 2019
Experience
Current
February 14, 2025 - Present
ORBA WEALTH ADVISORS, LLC
Office #1: 455 N. Cityfront Plaza Drive Suite 1610, Chicago, IL 60611-5313RIA
CRD#: 297351
CHICAGO, IL
Past
May 6, 2025 - October 31, 2025
LPL FINANCIAL LLC
BD
CRD#: 6413
CHICAGO, IL
Past
April 29, 2025 - August 5, 2025
LPL FINANCIAL LLC
RIA
CRD#: 6413
CHICAGO, IL
Past
September 8, 2017 - June 14, 2024
THE MATHER GROUP, LLC
RIA
CRD#: 156005
CHICAGO, 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".
OW
ORBA WEALTH ADVISORS, LLC
ORBA WEALTH ADVISORS, LLC
CRD#: 297351 / SEC#: 801-121526
RIA
Registered Investment Advisory firm - (6/17/2021 Approved)Illinois
Registered Investment Advisory firm - (6/28/2021 Terminated)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(2/14/2025)
IAR
Texas(2/14/2025)
Exams
State Security Law Exam
General Industry/Product Exam
RR
Series 7TO
Date: 5/6/2025
General Securities Representative ExaminationGeneral Industry/Product Exam
Current Firm
OW
ORBA WEALTH ADVISORS, LLC
ORBA WEALTH ADVISORS, LLC
CRD#: 297351 / SEC#: 801-121526
RIA
Registered Investment Advisory firm - (6/17/2021 Approved)Illinois
Registered Investment Advisory firm - (6/28/2021 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
455 N. Cityfront Plaza Drive Suite 1610, Chicago, IL 60611-5313
Mailing Address
Phone number
(312) 670-6262
Established
Firm type
Fiscal year end
# of Employees
16
SEC notice filing (9 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 222 |
| AUM (Assets Under Management) | $ 136,895,601 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 01/12/2024 | ||
| 01/17/2023 |
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.
