Magnus Financial Group LLC

RIASEC Registered

Total AUM

$2.3B

Discretionary

$2.2B

94% of AUM

Avg account

$486K

Accounts

4,782

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 289423
Registered since: September 4, 2017
Website: www.magnusfinancial.com
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI76.65%
Individuals16.49%
Corporations / Businesses6.22%
Charitable Organizations0.63%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Magnus Financial Group LLC is an independent registered investment adviser that has been SEC-registered since 2017. The firm serves both individual and family clients as well as institutional accounts and describes itself as a capital allocator that blends portfolio management with financial planning and educational services. Its advisory offerings include financial planning, portfolio management for individuals and small businesses, pension consulting, selection of outside advisers, periodic publications, and workshops or seminars. Magnus charges a mix of percentage-of-AUM, hourly, and fixed fees and identifies itself as an active ESG investor. The firm has been recognized in the industry—appearing on FA Magazine’s Top RIA Firms list in 2020 and on Forbes’ lists of top RIAs in both 2023 and 2024. As a capital allocator, Magnus combines public-market vehicles with allocations to third-party alternative managers and fixed-income strategies.