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, owner-operated registered investment adviser that has been SEC-registered since 2008. The firm serves both individual and family clients as well as institutional and business clients, offering financial planning, discretionary and non‑discretionary portfolio management, and the selection of outside advisers. It operates as a capital allocator and bills clients via AUM-based fees and fixed fees. Marks Group was listed among America's Top RIA Firms by Forbes in 2023.
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
FINTRXContacts
FINTRXWealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 83Active vs passive
$671M in ETFs
33%
$224M
24%
$447M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) ETF (SPYM) | State Street | $112M | 1,251,712 | 16.75% |
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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