Means Wealth Management

RIASEC RegisteredEst. 2015

Total AUM

$1.6B

Discretionary

$1.4B

89% of AUM

Avg account

$453K

Accounts

3,520

Employees

Advisory reps

Firm details

Headquarters: Bangor, Maine
CRD number: 2748
Registered since: February 19, 2015
Website: www.meanswealth.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Other
Client types: HNWI68.38%
Individuals20.12%
Pension & Profit Sharing Plans6.77%
Charitable Organizations2.72%
Corporations / Businesses1.95%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPension ConsultingPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Means Wealth Management is an independent, SEC-registered registered investment adviser organized as a corporation and owned by an individual. The firm serves both individuals/families and institutional clients and offers a mix of financial planning and portfolio management services across separate accounts and pooled vehicles. Advisory activities listed on filings include financial planning, portfolio management for individuals/small businesses, portfolio management for pooled investment vehicles, pension consulting, and client education through publications and seminars. Fee arrangements include AUM-based billing, hourly fees and other fee types. The firm is not classified as an active ESG investor and is not multi-state in its adviser registration status.