The Mather Group Establishes TMG Innovation Lab

CHICAGO--()--The Mather Group, LLC (TMG), a wealth management firm with 15 offices across the country and more than $11.0 billion in combined assets under management (AUM) and assets under advisement (AUA) as of 12/31/22, has announced its creation of TMG Innovation Lab. It will be led by Michael Ryabik, Managing Partner, and will function as a centralized forum for vetting, prioritizing, and piloting new ideas related to TMG’s service model and client experience.

Described by the firm as a “think tank,” TMG Innovation Lab is a key initiative focused on advancing the company’s vision to be the leading national boutique for wealth management. The entrepreneurial approach will enable TMG to be both nimble and strategic as it continues to scale through a combination of organic and inorganic growth.

“We’re excited about the launch of TMG Innovation Lab led by Michael,” said TMG CEO Chris Behrens. “As one of the founding team members of TMG, Michael has played a significant role in establishing and building the firm. His institutional knowledge, along with his passion for helping TMG be on the leading edge of industry, will be invaluable to this effort.”

For Ryabik, the establishment of TMG Innovation Lab represents a significant milestone for the company. “From day one, TMG has been committed to finding ways that we can serve clients better and stand out in a crowded market,” said Ryabik. “With TMG Innovation Lab, we will continue to focus on developing creative solutions designed to improve our clients’ experience and help us maintain our leadership position in the industry.”

TMG has received recognition from a variety of business and financial publications for its growth and standing in the industry. Most recently, the firm was #49 on Barron’s 2022 list of Top 100 RIA Firms and ranked #22 on both Financial Advisor’s 2022 Top 50 Fastest-Growing Firms and Crain’s Chicago Business 2022 Fast 50. TMG has also been among the Best Places to Work in Money Management, as announced by Pensions & Investments (P&I), for two consecutive years. Rankings are based on voluntary, non-fee-paying surveys. Each organization establishes its own criteria for inclusion.

The firm offers a comprehensive range of in-house services, including financial planning, tax advice and preparation, portfolio management, concentrated stock management, risk assessment, and estate planning guidance. Investment recommendations are not tied to commissions. Clients pay for the firm's experienced advice on a fee-only basis, typically as a percentage of assets under management. This approach helps align the interests of the firm with the client.


TMG is a fee-only fiduciary firm serving primarily high-net-worth individuals. TMG’s professionals aim to simplify clients’ lives by providing a comprehensive suite of services under one roof. TMG is a federally registered investment adviser under the Investment Advisers Act of 1940, as amended, providing discretionary and non-discretionary investment advice to clients. (Registration with the SEC as an investment adviser does not, in and of itself, imply a certain level of risk or training.) Headquartered in Chicago, TMG also has offices in and around Atlanta, GA; Austin, TX; Dallas, TX; Houston, TX; Knoxville, TN; Morristown, NJ; Nashville, TN; Portland, OR; San Francisco, CA; Seattle, WA; Tampa, FL; and Washington, DC. Visit us at

Rankings are based on voluntary, non-fee-paying surveys. Each organization establishes its own criteria for inclusion. Information is accurate as of the date of this press release, and no obligation nor intention to make updates or corrections exist. Visit the TMG website for more information regarding its awards and recognition.

TMG is not affiliated with and does not endorse, authorize, sponsor, verify, or monitor third-party websites and we are not responsible or liable for the content of any website, or the collection or use of information regarding any website's users and/or members.


Kate Demet |


Kate Demet |