MAGNUS FINANCIAL GROUP LLC

RIASEC RegisteredEst. 2017

Total AUM

$2.3B

Discretionary

$2.2B

94% of AUM

Avg account

$486K

Accounts

4,782

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 289423
Registered since: September 4, 2017
Website: www.magnusfinancial.com
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI76.65%
Individuals16.49%
Corporations / Businesses6.22%
Charitable Organizations0.63%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Magnus Financial Group LLC is an independent registered investment adviser and capital allocator that serves high-net-worth individuals, families and institutional clients. SEC-registered since 2017, the firm combines comprehensive financial planning and portfolio management with adviser selection and educational outreach. Its advisory offerings include pension consulting, publication of periodic research and client workshops. Magnus identifies as an active ESG investor and integrates ESG considerations into manager selection and portfolio construction. Investment activity centers on core public-fund and ETF exposures supplemented by third-party manager relationships and alternative allocations. The firm charges a mix of percentage-of-AUM, hourly and fixed fees and runs both discretionary and non-discretionary mandates. Magnus positions itself to deliver customized solutions across individual and small-business portfolios while allocating capital to external managers when specialized strategies are needed. The firm has received third-party recognition, including placement on industry lists by FA Magazine (2020) and Forbes (America’s Top RIA Firms 2023 and Top RIA Firms 2024).