Marks Group Wealth Management, Inc.

RIASEC RegisteredEst. 2008
Total AUM
$2B
Discretionary
$1.8B
87% of AUM
Avg account
$468K
Accounts
4,310
Employees
14
Advisory reps
10

Firm details

Headquarters
Minnetonka, Minnesota
CRD number
148679
Registered since
October 22, 2008
Website
marksgroup.com
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • HNWI68.04%
  • Charitable Organizations13.99%
  • Pension & Profit Sharing Plans9.99%
  • Individuals7.42%
  • Corporations / Businesses0.56%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Marks Group Wealth Management, Inc. is an independent, SEC-registered registered investment adviser founded in 2008 and operated as an individually owned corporation. The firm serves both individual and family clients as well as institutional and business accounts, offering financial planning, discretionary portfolio management for individuals, small businesses and institutions, and manager selection services. Fee arrangements include a percentage-of-AUM model as well as fixed-fee engagements. The firm identifies as a capital allocator and does not position itself as an ESG-focused investor. Marks Group earned placement on Forbes’ America’s Top RIA Firms list in 2023, an external recognition noted in its profile.

Assets & Accounts

Public Holdings

Investments & Alternatives

Read the full firm profile in FINTRX →

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: Exchange Traded Equities 50%, Public Funds/Mutual Funds 26%, Investment Grade Corp Bonds 15%, Cash & Cash Equivalents 5%, State & Local Bonds 3%, US Government Bonds 1%50%
  • Exchange Traded Equities50%
  • Public Funds/Mutual Funds26%
  • Investment Grade Corp Bonds15%
  • Cash & Cash Equivalents5%
  • State & Local Bonds3%

Owners & executives

1 of 1
  • Erica Lewerenz

    Erica Lewerenz

    Director of Operations & Chief Compliance OfficerCRD 6731812

Contacts

3 of 9
  • Matthew Arnold

    Matthew Arnold

    Senior Wealth AdvisorCRD 5360146

  • John Feste

    John Feste

    PresidentCRD 3246453

  • Jeremy Netka

    Jeremy Netka

    AdvisorCRD 6626767

Unlock 6 more contacts →

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 85

Active vs passive

$623M in ETFs

Passive

42%

$260M

Active

19%

$363M

ETFProviderStyleCategoryValueShares% of portfolio
STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) ETF (SPYM)State Street$98.3M1,119,12315.78%
Unlock additional holdings →

Location

Primary office

Minnetonka, MN

Hennepin

Location

Minnetonka, MN

Headquartered in Minnetonka, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
Hennepin
Address
4350 Baker Rd
Time zone
CT (UTC-6)
Office locations

Similar firms

Advisornet Wealth Partners

RIA

Minnetonka, MN

AUM $3.1BTEAM 131REPS 61

Bluestem Wealth Partners, LLC

RIA

Minnetonka, MN

AUM $1.1BTEAM 34REPS 19

DGV Solutions LP

RIA

Minnetonka, MN

AUM $944MTEAM 6REPS 2

The Advocate Group, LLC

RIA

Minnetonka, MN

AUM $810MTEAM 17REPS 11

Navista Wealth Management, Inc.

RIA

Minnetonka, MN

AUM $710MTEAM 11REPS 6

Cherry Tree Wealth Management, LLC

RIA

Minnetonka, MN

AUM $673MTEAM 12REPS 12
More RIAs in Minnetonka →All Minnesota RIAs →