Momentum Independent Network Inc.

Broker-DealerFINRA MemberEst. 2002

Total AUM

$1.6B

Discretionary

$1B

63% of AUM

Accounts

4,721

Employees

Advisory reps

215

Brokerage reps

Firm details

Headquarters: Dallas, Texas
CRD number: 17587
Registered since: January 18, 2002
Website: www.momentumin.com
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: HNWI53.11%
Individuals43.69%
Corporations / Businesses2.03%
Pension & Profit Sharing Plans0.69%
Charitable Organizations0.48%
Services: Financial PlanningPortfolio Management for IndividualsSelection of Other AdvisersPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Momentum Independent Network Inc. is a corporation operating as an insurance broker-dealer that also provides advisory services. The firm has been SEC-registered since 2002 and serves a mix of individual and family clients as well as institutional investors. Its business combines broker-dealer and insurance-distribution activity with advisory offerings that include financial planning, portfolio management for individuals and small businesses, selection of third-party advisers, publication of newsletters or periodicals, and educational seminars. Momentum functions as a capital allocator, sourcing and allocating to external managers and vehicles, and it reports being an active ESG investor. Its fee arrangements are varied and include percentage-of-AUM billing alongside hourly, fixed, and other fee structures. The firm’s distribution and service model reflects its dual role as both an advisory firm and an insurance/broker-dealer intermediary.