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Richard (Ricky) H. Kolb III

CPA, CFP®
Managing Partner

Richard (Ricky) H. Kolb III
Richard (Ricky) H. Kolb III

Ricky Kolb joined Inspirion Wealth Advisors in July of 2018 and was named a Partner in December of 2021.


Ricky started his career in corporate finance at Baxter International, working in roles of increasing responsibility both domestically and internationally. He spent the last four years in Investor Relations. Eventually serving as the senior manager for Baxter’s investor relations team, Ricky brings a unique perspective and analytical tool set to the firm.


Ricky holds a BS in accounting and finance from the Kelley School of Business at Indiana University. He is also a Certified Public Accountant (CPA) and a CERTIFIED FINANCIAL PLANNER™ practitioner.


Ricky and his wife, Claire, live in Libertyville with their son (yes, Richard IV) and their daughter, Paige. 

  • What do you enjoy most about wealth management?

    The opportunity to work with such a diverse group of clients. Developing relationships and helping people with such a wide range of backgrounds achieve their goals is incredibly rewarding.


    In a word, the relationships. 

  • What do you love most about being part of Inspirion?

    I love how firmly rooted the firm is in its mission—our clients are at the center of everything we do. 


    Working side-by-side with my Dad and brother, Peter, is pretty cool too. 

  • What’s the biggest challenge?

    There is a tremendous amount to learn about a broad, dynamic array of topics. Understanding where to focus and finding ways to shorten the learning curve can be challenging, but I enjoy that element. 


    Also, working side-by-side with my Dad and broth...just kidding.

  • What past experiences will you bring to Inspirion?

    Outside of a technical skill set rooted in financial analysis and process improvement, I think my time working in investor relations gives me a unique perspective on equity investing, particularly within the healthcare space.

  • What qualities of yours make you best suited to what you do?

    I am curious—I love to learn and to understand the “why.” I like solving problems and finding ways to do things better. I also very much enjoy working in collaborative environments as part of a team. I think those characteristics fit well with our approach to financial planning. Ultimately, we work together with clients to find solutions. 

  • What do you love to do outside of work?

    Spending time with family and friends. If it ever happens, I imagine I'll enjoy downtime with my wife and kids. I love to stay active—exercising, playing golf or soccer, and traveling.

  • What personal accomplishments are you most proud of?

    I am incredibly proud of and grateful for my wonderful wife, son and daughter. 

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