DIVERSIFIED MANAGEMENT INC

RIASEC RegisteredEst. 1994
Total AUM
$1.9B
Discretionary
$1.7B
93% of AUM
Avg account
$1.1M
Accounts
1,650
Employees
8
Advisory reps
6

Firm details

Headquarters
MILWAUKEE, Wisconsin
CRD number
106680
Registered since
May 18, 1994
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI90.84%
  • Charitable Organizations6.32%
  • Individuals2.84%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Diversified Management Inc is an independent registered investment adviser organized as a corporation and active since the mid-1990s. The firm serves both individual/family and institutional clients and operates as a capital allocator, combining fee models that include percentage of AUM, hourly charges, and fixed fees. Core advisory services emphasize financial planning, discretionary portfolio management for individuals and small businesses, and the selection of sub-advisers. The firm is not an active ESG investor and has been recognized by CNBC as one of its Top 100 Financial Advisory Firms for four consecutive years (2019–2022).

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 47%, Exchange Traded Equities 36%, State & Local Bonds 6%, Cash & Cash Equivalents 6%, Non-Exchange Traded Equities 4%, US Government Bonds 1%47%
  • Public Funds/Mutual Funds47%
  • Exchange Traded Equities36%
  • State & Local Bonds6%
  • Cash & Cash Equivalents6%
  • Non-Exchange Traded Equities4%

Owners & executives

1 of 1
  • MICHAEL EGAN

    Chief Investment OfficerCRD 2877432

Contacts

3 of 5
  • MICHAEL SCHMIDT

    ChairmanCRD 2139566

  • CHAD THISTLE

    Vice PresidentCRD 3261935

  • Kylee Paradowski

    Associate, Financial AdvisorCRD 7266897

Unlock 2 more contacts

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 81

Active vs passive

$246M in ETFs

Passive

90%

$221M

Active

8%

$24.8M

ETFProviderStyleCategoryValueShares% of portfolio
SPDR S&P 500 ETF TRUST (SPY)State StreetPassiveLarge Blend$33.5M51,54513.64%

Location

Primary office

MILWAUKEE, WI

MILWAUKEE

Location

MILWAUKEE, WI

Headquartered in MILWAUKEE, WI, anchoring the Milwaukee-Racine-Waukesha, WI metro in the Midwest.

Metro area
Milwaukee-Racine-Waukesha, WI
Region
Midwest
County
MILWAUKEE
Address
330 E Kilbourn Ave
Time zone
CT (UTC-6)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth