Marks Group Wealth Management, Inc.
Firm details
- Headquarters
- Minnetonka, Minnesota
- CRD number
- 148679
- Registered since
- October 22, 2008
- Website
- marksgroup.com
- Custodians
- FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
- Fee structure
- Percentage of AUM, Fixed Fees
- Client types
- HNWI68.04%
- Charitable Organizations13.99%
- Pension & Profit Sharing Plans9.99%
- Individuals7.42%
- Corporations / Businesses0.56%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers
Firm profile
FINTRXOverview
Marks Group Wealth Management, Inc. is an independent, SEC-registered registered investment adviser founded in 2008 and operated as an individually owned corporation. The firm serves both individual and family clients as well as institutional and business accounts, offering financial planning, discretionary portfolio management for individuals, small businesses and institutions, and manager selection services. Fee arrangements include a percentage-of-AUM model as well as fixed-fee engagements. The firm identifies as a capital allocator and does not position itself as an ESG-focused investor. Marks Group earned placement on Forbes’ America’s Top RIA Firms list in 2023, an external recognition noted in its profile.
Assets & Accounts
Public Holdings
Investments & Alternatives
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
- Exchange Traded Equities50%
- Public Funds/Mutual Funds26%
- Investment Grade Corp Bonds15%
- Cash & Cash Equivalents5%
- State & Local Bonds3%
Owners & executives
1 of 1
Erica Lewerenz
Director of Operations & Chief Compliance OfficerCRD 6731812
Contacts
3 of 9
Matthew Arnold
Senior Wealth AdvisorCRD 5360146
John Feste
PresidentCRD 3246453
Jeremy Netka
AdvisorCRD 6626767
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 85Active vs passive
$623M in ETFs
42%
$260M
19%
$363M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) ETF (SPYM) | State Street | $98.3M | 1,119,123 | 15.78% |
Location
Minnetonka, MN
Hennepin
Location
Minnetonka, MN
Headquartered in Minnetonka, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.
- Metro area
- Minneapolis-St. Paul, MN-WI
- Region
- Midwest
- County
- Hennepin
- Address
- 4350 Baker Rd
- Time zone
- CT (UTC-6)
- Office locations
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