MAGNATE ADVISORY SERVICES, LLC

RIASEC RegisteredEst. 2020

Total AUM

$314M

Discretionary

$304M

97% of AUM

Avg account

$141K

Accounts

2,229

Employees

Advisory reps

Firm details

Headquarters: LOUISVILLE, Kentucky
CRD number: 283056
Registered since: April 29, 2020
Website: magnatewealth.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, CAPITAL CLIENT GROUP, INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Individuals60.09%
HNWI36.76%
Pension & Profit Sharing Plans3.15%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Magnate Advisory Services, LLC is an independent registered investment adviser that provides fee-based planning and portfolio management to both individuals/families and institutional clients. The firm, organized as an LLC and SEC-registered in 2020, combines traditional financial planning and discretionary portfolio management with pension consulting and educational workshops. Its billing mixes a percentage-of-AUM model with hourly and fixed-fee arrangements, allowing flexibility across client engagements. Investment activity centers on liquid public market exposures—exchange-traded equities and ETFs—combined with targeted allocations to third-party alternative managers. Magnate is not positioned as a capital allocator or an ESG-driven shop; instead it sources external hedge fund and real-estate capabilities and layers annuities and mutual funds into client programs where appropriate. The firm offers both discretionary and non-discretionary management, with a strong tilt toward discretionary relationships.