MWA FINANCIAL SERVICES, INC.

Broker-DealerFINRA MemberEst. 2016
Total AUM
$640M
Discretionary
$0
0% of AUM
Accounts
3,724
Employees
721
Advisory reps
705
Brokerage reps
646

Firm details

Headquarters
ROCK ISLAND, Illinois
CRD number
112630
Registered since
January 4, 2016
Custodians
ASSETMARK TRUST CO., PERSHING LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • Individuals78.85%
  • HNWI18.49%
  • Charitable Organizations1.52%
  • Corporations / Businesses1.14%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

MWA Financial Services, Inc. operates as a corporation registered with the SEC since 2016 and functions primarily as an insurance broker-dealer that also provides advisory services. The firm serves both individual and family clients as well as institutional clients, offering financial planning, portfolio management for individuals/small businesses and for businesses/institutions, and selection of third-party advisers. Its revenue model includes percentage-of-AUM fees alongside hourly and fixed-fee arrangements. MWA is a multi-state adviser and does not present itself as a capital allocator or an active ESG investor; its core activities are broker-dealer and insurance brokerage services combined with advisory work.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 49%, Public Funds/Mutual Funds 44%, Cash & Cash Equivalents 6%, State & Local Bonds 1%49%
  • Exchange Traded Equities49%
  • Public Funds/Mutual Funds44%
  • Cash & Cash Equivalents6%
  • State & Local Bonds1%

Owners & executives

3 of 3
  • Jacob Plowman

    Regional CoordinatorCRD 7626607

  • TODD SWANSON

    Chief Accounting OfficerCRD 4844282

  • JERALD LYPHOUT

    Chief Administrative OfficerCRD 4148959

Contacts

3 of 702
  • Rosa Cuellar

    Registered RepresentativeCRD 7780099

  • JOSEPH GRIFFITH

    Registered RepresentativeCRD 3073993

  • RANDALL MILLER

    Financial RepresentativeCRD 4643142

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

ROCK ISLAND, IL

ROCK ISLAND

Location

ROCK ISLAND, IL

Headquartered in ROCK ISLAND, IL, anchoring the Davenport-Moline, IA-IL metro in the Midwest.

Metro area
Davenport-Moline, IA-IL
Region
Midwest
County
ROCK ISLAND
Address
1701 1st Ave
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth