Tim McGrath, CFP®, CLU, ChFC
Tim provides financial advice to a select group of ultra-high-net-worth affluent individuals and families. He is regularly tapped as a specialist and knowledgeable source in his field and has been featured several times in major publications including The Wall Street Journal, Bloomberg, US News & World Report, Money Magazine, Investor’s Business Daily, Washington Post, Financial Advisor, and Chicago Tribune.
Tim is a CERTIFIED FINANCIAL PLANNER™ (CFP®) and the founding Partner of Riverpoint Wealth Management. Known for his professionalism, uncompromising attention to detail and ability to communicate sophisticated financial concepts with ease, Tim brings valuableinsights, unquestionable ethics, and a uniquely personal touch to the planning process.
In addition to earning the CFP® designation, Tim also holds the Chartered Life Underwriter (CLU) and the Chartered Financial Consultant (ChFC) designations. He is also a member of the Financial Planning Association (FPA). Tim received a Bachelor of Science degree in Finance from Illinois State University.
Tim and his wife, Bobbi, reside in Wheaton and have three children, Kyle, Brady and Kelly. Tim is engaged in the community through his involvement in the Financial Planning Association (FPA) as well as his participation as a mentor in the Big Brothers Big Sisters of Metropolitan Chicago program for the past 8 years. He enjoys spending time outdoors in nature with his family.
- CERTIFIED FINANCIAL PLANNER™ (CFP®)
- Chartered Life Underwriter (CLU)
- Chartered Financial Consultant (ChFC)
- Member, Financial Planning Association (FPA)
- B.S. Finance, Illinois State University
Where did you grow up?
I grew up in Lombard, Illinois, and went to Glenbard East High School. I have two sisters, an older sister, Lisa, who lives with her family in Gurnee, Illinois, and a younger sister, Katie, who lives with her family in Madison, Wisconsin.
Where do you live now?
Since 1989, I have lived in Wheaton, Illinois, where my wife and I settled after getting married. Our home backs up to a park with a walking path, which is perfect for daily walks with our dog. I especially enjoy watching the local T-ball games in the summer.
Are you married?
Yes, my wife’s name is Bobbi. We met during our sophomore year in college. She is a certified health coach with her own business, Be For You. She is passionate about helping people improve their health and well-being. Bobbi is also active in the MAGIC Foundation, supporting families with children who have growth disorders. In her free time, she enjoys running, yoga, and volunteering.
Do you have any children?
We have three adult children.
Kyle (33) lives in Glen Ellyn, Illinois, with his wife, CJ, and their dog, Otis. CJ is a nurse practitioner. Kyle completed his MBA at Northwestern University’s Kellogg School of Management and joined Riverpoint in 2026 after spending several years living and working in New York City.
Brady (30) lives in Boulder, Colorado, and works as a Business Development Manager for Clear Comfort Water. He enjoys the outdoors, including skiing, hiking, camping, and participating in ultramarathons.
Kelly (29) lives in Houston, Texas, and works as a Sales Representative for CMR Surgical. She loves working with children and caring for dogs.
How are you involved in the community?
I enjoy mentoring and giving back to the community. For the past eight years, I have been a Big Brother through the Big Brothers Big Sisters of Chicago program. I have had the privilege of mentoring a young man named Avontay. We enjoy playing sports, spending time together, and building a meaningful connection.
What are your interests outside of work?
Sports: I am a lifelong Chicago sports fan. I have especially fond memories of watching Chicago Bulls practices with my dad at Wheaton College.
Fitness: I enjoy biking, jogging, yoga, and lifting weights.
Nature: Spending time at our lake house in northern Wisconsin is one of my favorite ways to unwind. I enjoy fishing, kayaking, and working in the yard.
Podcasts: I regularly listen to podcasts on topics such as financial planning, taxes, estate planning, health and wellness, and Chicago sports.
Favorite Restaurants
Bavette’s in River North and Redstone in Oakbrook Terrace.
Favorite Pizza
Lou Malnati’s Classic Deep Dish.
Best Vacation
A family trip to South Africa, including a safari. We were amazed by how close we got to wild animals, sometimes a little too close for comfort.
Most Influential Person Growing Up
My high school basketball coach, who instilled in me the values of discipline and hard work. I later enjoyed coaching basketball for my own children.
Early Jobs
I ran a lawn mowing business and worked at Sportmart in Lombard.
Favorite place to be?
Our lake house in northern Wisconsin. I love fishing, boating, paddleboarding, and tackling house projects there. It is a wonderful place to gather with family.
Bucket List Destination?
I would love to visit Greece and the Greek Islands. I have heard incredible things about them from many clients.
Do you have any pets?
We are dedicated dog lovers and have a six-year-old Goldendoodle named River.