MWM GROUP LLC

RIASEC RegisteredEst. 2012

Total AUM

$431M

Discretionary

$429M

99% of AUM

Avg account

$444K

Accounts

971

Employees

Advisory reps

Firm details

Headquarters: CEDARHURST, New York
CRD number: 164123
Registered since: May 12, 2012
Website: www.mwmgroup.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Commissions
Client types: HNWI45.34%
Corporations / Businesses42.31%
Individuals12.35%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

MWM Group LLC is an independent registered investment adviser organized as an LLC and SEC-registered since 2012. The firm describes itself as a capital allocator serving both individual/family and institutional clients. Its business model blends advisory work with broker-dealer affiliation — it operates as a registered representative of a broker-dealer while providing fee-based services. Advisory offerings include financial planning, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. The firm employs a mix of billing approaches (percentage of AUM, hourly, fixed fees and commissions). MWM Group does not identify as an active ESG investor and is not structured as a multistate adviser in its filings.