Your financial success is our only goal
Individual Investors
Whether planning for retirement or your children’s college, we can assist you in achieving your investment goals with the stability and returns you expect.
Retirement Plan Sponsors
With a changing regulatory environment, plan sponsors benefit from our services to help them meet the retirement needs of their participants and ensure compliance.
Corporate & NonProfit Fiduciary
FARO offers investment management solutions to institutional investors, which include pension funds, endowments, charitable trusts and corporations.
Our Investment Process
At FARO Advisory we are focused on our client’s desired outcomes, not proprietary products or off-the-shelf services. That is the reason we have created three diverse sets of strategies that focus on our client’s objectives, life cycles and investment profiles.
FARO Advisory’s asset allocation approach offers an alternative to Modern Portfolio Theory style portfolios that have failed to meet expectations over many decades due, in large part, to the increasing impact of world markets events on portfolios, which disregard investors’ actual life events.
It is no news that an investor’s life events will have a direct impact on their motivations to save, or where to invest. That is the reason we believe that most investors benefit from a professionally managed investment portfolio and not a pre-set glide path.
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News
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About us
With over 45 years of combined experience, FARO’s executive team provides investment advisory and retirement plan advisory services to clients that include: high net worth individuals, business owners, public and private corporations, public sector entities, and not-for-profit entities and foundations.
FARO is a diverse entity managed by top and nationally recognized minority executives who are committed to supporting inclusiveness in everything they do. They have expertise in designing culturally-relevant financial services that effectively engage today’s workforce across industries that include healthcare, education, construction, and other professional services.
JUAN CARLOS AVILA, AIF®
CO-HEAD
Juan Carlos is Co-Head of FARO Advisory. Juan has over 25 years of financial service industry experience. Prior to joining Toroso, he spent 3 years as a Senior Vice President with Mesirow Financial where he co-led an investment advisory practice. Prior to joining Mesirow Financial, Juan spent 19 years at Merrill Lynch where he was a Senior Financial Advisor, Vice President, with the Private Client Group.
He received his bachelor of science degree in economics from the University of Wisconsin at Madison, and his masters in business administration degree from Northwestern University Kellogg School of Management. In 2011 he earned the Accredited Investment Fiduciary® (AIF®) professional designation.
Juan Carlos was recognized as DiversityMBA 2017 Top 100 Under 50 Executive & Emerging Leaders and received the 2016 Servant Leadership Award from the Hispanic Alliance for Career Enhancement (HACE). In 2014 he was named to Negocios Now “Who’s Who in Hispanic Chicago” inaugural edition and recognized as the Chicago State University Latino Resource Center Corporate Citizen Honoree. Chicago United recognized Juan as its Most Valuable Partner and the Chicago Latino Network voted Juan the Latino Professional of the Year.
Juan Carlos serves as Board Emeritus for the Hispanic Alliance for Career Enhancement (HACE), Trustee for the Illinois Children’s Healthcare Foundation (ILCHF) and a trustee for National Louis University.
OLGA CAMARGO, AIF®
CO-HEAD
Olga has over 20 years of experience in the financial services industry. She is co-head of FARO Advisory/Centric Wealth Management. She provides retirement plan advisory services to plan sponsors that include business owners, private corporations, not-for-profit entities, and foundations. Prior to her current role, she co-headed her practice at Toroso Investments and Mesirow Financial.
She is known for being a staunch advocate for the financial empowerment of women and minority communities. Olga has written on the imperative need for financial institutions to provide culturally relevant financial services to better engage today’s culturally diverse society and barriers that Latinos face when building wealth.
Olga is also the Founder and CEO for SHENIX®. She was selected by Chicago’s 1871 Chicago’s Technology and IHCC’s LatinX Incubator to develop this educational fintech app that helps Latinas accelerate their economic and social transformation so they can build their financial legacy.
The University of Illinois at Chicago’s College of Business Administration inducted Olga into its Alumni Leadership Academy for raising the standing and stature of the college. The Chicago Council on Global Affairs selected Olga for its 2010 Emerging Leaders Program, a highly competitive cohort of Chicago’s up-and coming professionals, leaders who continue to raise the bar for Chicago as a leading global city.
Olga is the first Latina to serve as Chair for Northeastern Illinois University’s Foundation Board. She is Emeritus Board Chair for the Hispanic Alliance for Career Enhancement and serves on the IL State Treasurer’s Hispanic Advisory Council.
Olga served as the 2021 Chair for FORBES Business Council’s Financial Services Industry Group. Negocios Now named Olga among Chicago’s Most Influential 50 Latinos. Crain’s Chicago Business named Olga among “Chicago’s Most Powerful Latinos” in 2019. She is an Aspen Ideas Festival Ricardo Salinas Scholar and was named by Diversity MBA Magazine to its Top 100 Under 50 Executive Leader and Top 100 Women of Influence national lists.
Olga holds Bachelor of Science and Master of Arts degrees from the University of Illinois at Chicago. She earned the Accredited Investment Fiduciary, AIF® designation, an ethical certification issued by Broadridge Fi360, and the Uniform Investment Adviser Law Examination, Series 65 License.