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, privately held registered investment adviser that began SEC registration in 2015. The firm serves both individual and family clients as well as institutional investors, offering a mix of financial planning and portfolio management across individual/small-business accounts and pooled investment vehicles. Its advisory services extend to pension consulting, publication of client-facing newsletters, and educational seminars and workshops. Compensation is primarily fee-based, using percentage-of-AUM pricing alongside hourly fees and other arrangements. Means Wealth Management is not positioned as an ESG-focused allocator and does not present itself as a multi-state adviser for regulatory purposes beyond its filing status. The firm reports an owner who is an individual rather than a corporate or institutional owner.