Madden Asset Management

RIASEC Registered
Total AUM
$826M
Discretionary
$731M
88% of AUM
Avg account
$1.5M
Accounts
546
Employees
3
Advisory reps
4

Firm details

Headquarters
Dallas, Texas
CRD number
18389
Registered since
June 24, 2004
Custodians
CHARLES SCHWAB & CO., INC., MORGAN STANLEY & CO. LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI78.33%
  • Corporations / Businesses11.28%
  • Charitable Organizations7.93%
  • Individuals2.45%
Services
Portfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Madden Asset Management is an independent registered investment adviser structured as a corporation and owned by an individual. The firm is SEC-registered (initial registration in 2004) and describes itself as a capital allocator that serves both individual and family clients as well as institutional accounts. Its advisory services include discretionary portfolio management for individuals/small businesses, portfolio management for businesses or institutions, and the selection of other advisers, signaling a manager-of-managers approach in some mandates. Compensation mixes include percentage-of-AUM fees along with hourly and fixed-fee arrangements. The firm does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

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: State & Local Bonds 30%, Public Funds/Mutual Funds 26%, Exchange Traded Equities 24%, US Government Bonds 11%, Cash & Cash Equivalents 4%, Investment Grade Corp Bonds 3%, Private Funds 2%30%
  • State & Local Bonds30%
  • Public Funds/Mutual Funds26%
  • Exchange Traded Equities24%
  • US Government Bonds11%
  • Cash & Cash Equivalents4%

Owners & executives

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 113

Active vs passive

$175M in ETFs

Passive

33%

$57.5M

Active

39%

$118M

ETFProviderStyleCategoryValueShares% of portfolio
NEOS S&P 500(R) HIGH INCOME ETF (SPYI)NEOSActiveDerivative Income$28M525,94615.96%

Location

Primary office

Dallas, TX

Dallas

Location

Dallas, TX

Headquartered in Dallas, TX, anchoring the Dallas-Fort Worth, TX-OK metro in the South.

Metro area
Dallas-Fort Worth, TX-OK
Region
South
County
Dallas
Address
8333 Douglas Ave
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth