MARKS WEALTH MANAGEMENT

RIASEC RegisteredEst. 2020
Total AUM
$409M
Discretionary
$409M
100% of AUM
Avg account
$464K
Accounts
881
Employees
5
Advisory reps
4

Firm details

Headquarters
ELLICOTT CITY, Maryland
CRD number
310534
Registered since
September 17, 2020
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM
Client types
  • HNWI73.69%
  • Individuals26.31%
Services
Financial PlanningPortfolio Management for Individuals

Firm profile

FINTRX

Overview

Marks Wealth Management is an independent, SEC-registered RIA organized as an LLC and operating under individual ownership. The firm focuses on financial planning and discretionary portfolio management for individuals, families and small-business clients, charging fees as a percentage of assets under management. Marks is not positioned as a capital allocator or pension consultant, does not identify as an active ESG investor, and does not report related-adviser relationships or multi-state advisory status.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

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: Public Funds/Mutual Funds 69%, Cash & Cash Equivalents 24%, Exchange Traded Equities 4%, US Government Bonds 2%, Private Funds 1%69%
  • Public Funds/Mutual Funds69%
  • Cash & Cash Equivalents24%
  • Exchange Traded Equities4%
  • US Government Bonds2%
  • Private Funds1%

Owners & executives

1 of 1
  • CHARLES MARKS

    Chief Executive OfficerCRD 5784332

Contacts

3 of 3
  • Finn Drew

    Private Wealth AdvisorCRD 7845596

  • Finnian Devine

    Junior AssociateCRD 7859030

  • CATHERINE JACKSON

    Principal & Financial PlannerCRD 6620068

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 9

Active vs passive

$379M in ETFs

Passive

92%

$347M

Active

9%

$32.2M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES 0-1 YEAR TREASURY BOND ETF (SHV)BlackRockPassiveUltrashort Bond$238M2,158,18162.80%

Location

Primary office

ELLICOTT CITY, MD

HOWARD

Location

ELLICOTT CITY, MD

Headquartered in ELLICOTT CITY, MD, anchoring the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA metro in the South.

Metro area
Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Region
South
County
HOWARD
Address
11690 Frederick Rd
Time zone
ET (UTC-5)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth