MARKS GROUP WEALTH MANAGEMENT, INC.

RIASEC RegisteredEst. 2008

Total AUM

$2B

Discretionary

$1.8B

87% of AUM

Avg account

$468K

Accounts

4,310

Employees

Advisory reps

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

FINTRX

Overview

Marks Group Wealth Management, Inc. operates as an independent, individually owned registered investment adviser that began SEC registration in 2008. The firm serves both high-net-worth individuals and institutional clients, charging either a percentage of assets under management or fixed fees. Its advisory services include comprehensive financial planning, discretionary portfolio management for individuals, small businesses and institutions, and the selection of external managers — a role consistent with its designation as a capital allocator. The firm does not present itself as an active ESG investor and is not registered as a multi-state or pension consultant adviser. Marks Group received recognition from Forbes in 2023 as one of “America’s Top RIA Firms,” which speaks to its market visibility among independent advisory firms.