Magnus Financial Group LLC
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
FINTRXOverview
Magnus Financial Group LLC is an independent registered investment adviser organized as an LLC and registered with the SEC in 2017. The firm describes itself as a capital allocator serving both individual and family clients as well as institutional accounts. Its advisory services cover comprehensive financial planning, portfolio management for individuals and small businesses, pension consulting, manager selection, and client education through publications and workshops. Magnus charges fees based on a percentage of assets under management and also offers hourly and fixed-fee arrangements. The firm identifies as an active ESG investor and has been recognized on industry lists, including placements from FA Magazine (2020) and Forbes (2023, 2024).
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds66%
- Exchange Traded Equities19%
- Cash & Cash Equivalents6%
- US Government Bonds2%
- State & Local Bonds2%
Owners & executives
3 of 4
David Harrison
General Counsel & Chief Compliance OfficerCRD 6193932
Timothy Seymour
CIO and Managing PartnerCRD 2793641
Michael Schwartz
Chief Executive Officer & PresidentCRD 2968694
Contacts
3 of 8
Paul Hoerrner
Senior Managing DirectorCRD 2618918
William Bowden
Senior Vice PresidentCRD 2472457
Jake Blum
Vice President, Financial AdvisorCRD 5935093
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 223Active vs passive
$1.2B in ETFs
76%
$891M
23%
$281M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) VALUE ETF (SPYV) | State Street | Passive | Large Value | $104M | 1,837,787 | 8.87% |
Location
New York, NY
New York
Location
New York, NY
Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.
- Metro area
- New York-Newark, NY-NJ-CT-PA
- Region
- Northeast
- County
- New York
- Address
- 90 Park Ave
- Time zone
- ET (UTC-5)
- Office locations
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