Magnus Financial Group LLC
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
FINTRXOverview
Magnus Financial Group LLC is an independent SEC-registered registered investment adviser that began operating in 2017. The firm serves both individual and family clients as well as institutional accounts and acts as a capital allocator, sourcing external managers when appropriate. Its fee arrangements include asset-based fees, hourly charges and fixed fees. Service lines highlighted in filings include financial planning, portfolio management for individuals and small businesses, selection of other advisers, pension consulting, and client education through publications and seminars. The firm identifies as an active ESG investor and integrates environmental, social and governance considerations into its approach. Magnus has received placement on industry lists, including a mention in FA Magazine in 2020 and recognition from Forbes on its RIA lists in 2023 and 2024.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds66%
- Exchange Traded Equities19%
- Cash & Cash Equivalents6%
- US Government Bonds2%
- State & Local Bonds2%
Owners & executives
3 of 4
David Harrison
General Counsel & Chief Compliance OfficerCRD 6193932
Timothy Seymour
CIO and Managing PartnerCRD 2793641
Michael Schwartz
Chief Executive Officer & PresidentCRD 2968694
Contacts
3 of 8
Paul Hoerrner
Senior Managing DirectorCRD 2618918
William Bowden
Senior Vice PresidentCRD 2472457
Jake Blum
Vice President, Financial AdvisorCRD 5935093
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 226Active vs passive
$1.3B in ETFs
76%
$1B
23%
$323M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) VALUE ETF (SPYV) | State Street | Passive | Large Value | $117M | 1,931,275 | 8.72% |
Location
New York, NY
New York
Location
New York, NY
Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.
- Metro area
- New York-Newark, NY-NJ-CT-PA
- Region
- Northeast
- County
- New York
- Address
- 90 Park Ave
- Time zone
- ET (UTC-5)
- Office locations
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