MADDEN ASSET MANAGEMENT

RIASEC RegisteredEst. 2004

Total AUM

$794M

Discretionary

$699M

88% of AUM

Avg account

$1.6M

Accounts

502

Employees

Advisory reps

Firm details

Headquarters: DALLAS, Texas
CRD number: 18389
Registered since: June 24, 2004
Custodians: CHARLES SCHWAB & CO., INC., MORGAN STANLEY & CO. LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI79.22%
Charitable Organizations10.91%
Corporations / Businesses6.88%
Individuals3%
Services: Portfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Madden Asset Management is a corporation that has been SEC‑registered since 2004 and is owned by an individual proprietor. The firm serves both individual/family clients and institutional clients, operating primarily as a discretionary portfolio manager while also offering non‑discretionary work and the ability to select outside advisers. Its fee arrangements include percentage‑of‑AUM billing as well as hourly and fixed fees. Madden describes itself as a capital allocator and is not identified as an ESG investor. Investment emphasis tilts toward fixed‑income instruments, with the single largest asset type on its ADV being state and local bonds. The firm is set up to manage portfolios for individuals and small businesses as well as for business and institutional clients, and its advisory model includes engaging third‑party managers where appropriate.