Our Story

Our team helps people answer the two fundamental questions that everyone has of our industry: Will I make it? and Do I have any financial blindspots? We have found the majority of people we speak with haven't even definited "it!" So the first thing our team does is to sit down and help you define everything you are trying to accomplish with your wealth...with a high degree of specificity. Then we look at everything you're doing financially to determine if what you want to happen actually has a chance to occur. If not, we point out specific challenges and give detailed recommendations to get you on track. Once we've addressed question 1, we move to question 2 and our team takes a 360° look at you financially, to determine if there is anything you might have overlooked that might do you, your family or your business harm. Any risk exposure we uncover will be brought to your attention and our team will provide a rational strategy designed to help mitigate the risk.
Services Include
  • 401(k) Rollovers
  • 529 Plans1
  • Asset Management2
  • Estate Planning Strategies3
  • Lending Products
  • Life Insurance4
  • Long Term Care Insurance5
  • Professional Portfolio Management6
  • Retirement Planning7
  • Wealth Management8
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*

Awards

  • Douglas S. Cheney: President's Club: 2010-2016, Master's Club: 2009, Director's Council: 1997, 2004, Chairman's Council: 1998-2003, 2005-2008, President's Council: 1993-1996
  • Daren Epley: Financial Planning Specialist; President's Club: 2009, 2010, 2012, 2014-2016, Master's Club: 2011, 2013, Chairman's Council: 2002-2008, President's Council: 2001
  • PJ Wolbeck: Certified Financial Planner (CFP.), Financial Planning Specialist

Experience

Our team is comprised of some of the most seasoned and well respected investment professionals in the financial industry.  Additionally, our group is consistently recognized by our company for excellence in client service. Doug Cheney has more than 29 years of wealth management experience, Daren Epley has over 23 years of experience, and Patrick J. Wolbeck (PJ) has more than 17 years within the profession. This unique combination provides extraordinary insight and understanding of multiple market cycles, world events and their impact on the economy and markets. Additionally, Daren & PJ are Financial Planning Specialists and PJ is also a Certified Financial Planner (CFP®). This allows us to assist clients with the most complex financial challenges.

    Our Clients

    Our clients include highly successful corporate executives, professionals, business owners and retirees. We also serve a select group of young "up and comers".

      Community Involvement

      Douglas S. Cheney: Peoria Area Youth for Christ Past Chairman of of the Board, Penguin Project Foundation Board, Coalition for Concerned Citizens Advisory Board, St. Jude Volunteer Fundraiser


      Daren Epley: Bradley University Braves Scholarship Society, St. Jude Volunteer Fundraiser, Peoria Notre Dame High School Assistant Varsity Baseball Coach


      Patrick J. Wolbeck: Volunteer basketball coach for Peoria Park District, Dunlap Recreation and the Christian Center, youth football coach for Peoria Notre Dame

        Location

        401 Main St
        Ste 1000
        Peoria, IL 61602
        US
        Direct:
        (309) 671-2800(309) 671-2800
        Toll-Free:
        (800) 527-3579(800) 527-3579

        Meet The Cheney-Epley-Wolbeck Group

        About Me

        "I am very fortunate to be in one of those careers where I can truly say I love what I do. Working with two brilliant young partners and talented and caring support staff make almost every day a pleasure to be at work. Being a Financial Advisor, working with individuals, families and businesses, has afforded me the opportunity to make a significant impact on the lives of our clients and friends...now and for generations to come. From being able to structure investments that provide needed income or working a plan that will save heirs significant taxes in the future, we are problem solvers for our clients and friends. We love being able to help people. And we do that with a servant's heart."
        Doug is a graduate of Bradley University. He has been a Financial Advisor with Morgan Stanley since 1987. Doug is very active in the Peoria Community. He is very involved with the Peoria Youth for Christ organization and has served as a past Chairman of the board. He currently is a board member with the Penguin Project Foundation. Doug also is a volunteer fundraiser for St. Jude Midwest Affiliate, as well as a member of the Coalition for Concerned Citizens Advisory Board. Doug resides in Peoria with his wife Jody. They have two grown children.
        Securities Agent: IL, WI, WA, VA, TX, TN, SD, SC, OH, NY, NV, NE, NC, MT, MO, MN, MI, MA, KY, IN, ID, IA, GA, FL, DC, CT, CO, CA, AZ, AR, AL; Managed Futures; Transactional Futures/Commodities; General Securities Representative; BM/Supervisor; Investment Advisor Representative
        NMLS#: 1274635

        About Me

        "The reason I'm in this business is the opportunity to build and maintain relationships with clients. I love to communicate with clients about what's going on in their lives. I especially enjoy hearing about their kids and grandkids. We discuss events like weddings, new babies, and kids going off to college. It's also fun to learn about business and personal trips clients take. Sometimes we even look at the photos together. I also listen and learn about the health issues clients are dealing with personally and in their families, as well as changes in their careers. Sharing all these experiences together is awesome. As a result many of my clients have become friends. There's a great sense of accomplishment in helping to educate them about investing and financial planning by making things understandable without all the fancy Wall Street jargon. I feel strongly about helping them make prudent non-emotional decisions as irrational investor behavior is really the biggest reason most people aren't successful investors."
        Daren graduated Cum Laude from Bradley University. Prior to joining Morgan Stanley, in 1993, he spent six years as a professional baseball player with the Cleveland Indians and Texas Rangers organizations. Daren is actively involved with Bradley University Braves Scholarship Society. He is also an Assistant Varsity Baseball Coach for Peoria Notre Dame High School. Daren and his wife, Trish, reside in Edwards with their two children.
        Securities Agent: IL, WI, WA, VA, TX, TN, SD, SC, OH, NY, NV, NE, NC, MT, MO, MN, MI, MA, KY, IN, ID, IA, GA, FL, DC, CT, CO, CA, AZ, AR, AL; Managed Futures; General Securities Representative; Investment Advisor Representative
        NMLS#: 1275763
        CA Insurance License #: 0D09570

        About Me

        "I love the opportunity the financial services business provides me to build high quality, long lasting relationships with our clients. Many eventually become friends. There is no greater feeling than continually being able to help our clients reach their goals and maximize their dreams. One of the most satisfying aspects of our job is the connection we get to build with our clients over things that don't necessarily revolve around finance or their money. Whether it is an anniversary, family trip, marriage of a child, birth of a grandchild, etc., we are afforded the wonderful freedom to listen to what is meaningful and going on in our clients lives. I realize that I am fortunate to be able to do what I love. It is certainly not lost on me and I truly appreciate the fact that I have an awesome career, not just a job."
        PJ joined Morgan Stanley in 1999 after graduating from University of Notre Dame with a B.A. in Economics. In 2009, he completed the rigorous, necessary requirements to become a Certified Financial Planner. PJ is actively involved in the Peoria community as a volunteer basketball coach for the Peoria Park District, Dunlap Recreation and the Christian Center, and as a youth football coach for Peoria Notre Dame. He is also a member of St. Vincent de Paul church. PJ and his wife, Heather, reside in Dunlap with their son and two daughters.
        Securities Agent: TX, IL, WI, WA, VA, TN, SD, SC, OH, NY, NV, NE, NC, MT, MO, MN, MI, MA, KY, IN, ID, IA, GA, FL, DC, CT, CO, CA, AZ, AR, AL, AK; Managed Futures; Transactional Futures/Commodities; General Securities Representative; Investment Advisor Representative
        NMLS#: 1270180

        About Me

        I am passionate about educating and helping people reach financial independence. In today’s busy world, especially for young families like my own, I understand the importance of getting valuable comprehensive advice in a prompt and focused manner. As your financial world becomes more complex and investment choices multiply, careful planning becomes even more important in helping to achieve your financial goals. As a Financial Advisor, my role is to work with you to develop a plan that lays out a clear path to those goals. I will develop a plan, in collaboration with you and your tax and legal advisors, that you can follow with confidence in the face of the market’s ups and downs.

        Hiral is a graduate of Eastern Illinois University and began her career at Edward Jones in 2008. She joined the Cheney-Epley-Wolbeck Group in 2010 where she collaborates with clients to develop a clear path to their goals. One of Hiral’s passions is giving back to the community. She is actively involved in fundraising events for Easter Seals, the Peoria PlayHouse Children’s Museum and the Brimfield Grade School. Hiral is also a member of the Junior League of Peoria and Women in Leadership of Central Illinois. Hiral and her husband, Sam, reside in Brimfield with their two children, Juliana and Charlie. 

        Series 7, 66; Insurance & Annuity Licensed for State of Illinois.
        Securities Agent: TX, IL, WI, WA, VA, UT, TN, SD, SC, OR, OH, NY, NV, NJ, NE, NC, MT, MS, MO, MN, MI, MD, MA, KY, KS, IN, ID, IA, GA, FL, DC, CT, CO, CA, AZ, AR, AL; General Securities Representative; Investment Advisor Representative
        From Our Team

        Making Sense of Mixed Market Signals


        Investment and Market Perspectives

        On the Markets

        Retirement

        Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
        • 401(k) Rollovers
        • IRA Plans
        • Retirement Income Strategies
        • Retirement Plan Participants
        • Annuities
        Maximum Benefit and Contribution Limits 2013 - 2019

        Maximum Benefit and Contribution Limits 2013 - 2019

        A quick reference guide to maximum benefit and contribution limits for all major retirement vehicles.

        Investing

        Working closely with you to guide your wealth and investments through the most challenging market cycles.
        • Asset Management
        • Wealth Planning
        • Traditional Investments
        • Alternative Investments
        • Impact Investing
        The Stock Market Today vs. the Dot-Com Era

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        Stock market performance now has a lot in common with the late 1990s, but some important differences exist. What might that mean for future returns?

        Family

        Creating customized financial strategies for the challenges that today's families face.
        • Estate Planning Strategies
        • 529 Plans / Education Savings Planning
        • Long Term Care Insurance
        • Special Needs Planning
        • Trust Services
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        Are You Prepared for the Rising Cost of Higher Education?

        We’re all juggling multiple financial goals. A 529 plan can help you accomplish several at once.

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        Ready to start a conversation? Contact The Cheney-Epley-Wolbeck Group today.
        Market Information Delayed 20 Minutes
        1Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.

        2Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.

        3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.

        4Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

        5Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.

        6Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be suitable for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.

        7Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.

        8Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.

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