Mgp Wealth Management, LLC is a large advisory firm based in Oak Brook. It manages $217.22 million of regulatory assets for 56 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Illinois.
Mgp Wealth Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mgp Wealth Management, LLC is $217.22 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Mgp Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to high net worth individuals and pension and profit sharing plans. The largest group of clients of Mgp Wealth Management is high net worth individuals with 50 clients and $209.01 million of assets under management. Among the 9 most similar advisory firms, Mgp Wealth Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $216.11 million for 52 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Mgp Wealth Management doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Mgp Wealth Management, LLC performs its advisory services is located at 800 Enterprise Drive, Oak Brook, IL 60523, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 630-828-2199. The normal business hours are 9:00 am - 5 pm on Monday - Friday. You can find more information about the New York firm at mgp-wealth.com.