Wealth Management Group

Wealth Management Group

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220 Beiser Blvd

Dover, DE 19904

302-734-5826

wmgadvisors.com

No. advisers: 6

AUM: $223,366,350

Asset Breakdown

Staff
Employees 6
Clients
High-net-worth individuals 11-25%
Financial planning clients N/A
High-net-worth client assets Up to 75%
Compensation
Percentage of assets under management Yes
Hourly charges Yes
Subscription fees No
Fixed fees No
Commissions No
Performance-based fees No
Total AUM Total Accounts Avg. Account AUM
Discretionary $223,366,350 763 $292,748
Non-discretionary 0 0 $0
Total $223,366,350 763 $292,748

IRS provides guidance on pass-through taxes, targets loophole

August 8, 2018 - The Internal Revenue Service provided some long-awaited answers for business owners hoping to dodge the limits on a juicy new tax break. The IRS's proposed regulations make it clear that the agency considers a planning technique known as "crack and pack"...

Wells Fargo team managing $150 million moves to Snowden Lane

June 22, 2018 - A seven-person team managing $150 million at Wells Fargo in San Antonio, Texas, has formed a hybrid firm and affiliated with New York-based Snowden Lane Partners. Led by Mark Hogan, Leah Eller, Pam Appleby and Josh Hogan, the Hogan Eller Wealth Management...

Pass-throughs versus C corporations under the new tax law

June 8, 2018 - The new federal tax law has changed the calculus around the selection of business entities by financial advisers and their clients. Advisers trying to determine whether it's best to be a pass-through entity or a C corporation under the new regime will...

Tax law: Why changes to the kiddie tax are a 'big deal' for advisers

May 31, 2018 - The new federal tax law made changes to the so-called "kiddie tax" that could impact how some advisers handle their clients' financial plans. While experts say lawmakers largely simplified the kiddie tax, the changes may change how some clients finance...

Former Barclays wealth management executive wins $2.7 million arb award from former firm

May 23, 2018 - A former top executive at Barclays Capital Inc. won a $2.7 million Finra arbitration award, stemming from a dispute over compensation he claimed Barclays owed him when it sold its wealth management group to Stifel Financial Corp. in 2015. Now head of...

What is return on life?

May 23, 2018 - Numbers are important, but planning toward your clients' goals can help create a longer-term relationship. Tim Scannell of Scannell Wealth Management Group at HighTower said that this helped him attract and retain more clients.

Pass-through tax strategies for business-owner clients

May 21, 2018 - The pass-through deduction created by the new federal tax law has inspired a raft of planning opportunities for financial advisers looking to minimize business clients' tax bills. The provision provides a 20% tax deduction on qualified business income...

Team advising on $2 billion leaves Avondale for Janney

May 15, 2018 - Glasgow Wealth Management Group, which advised on nearly $2 billion in individual accounts and corporate client retirement plans, has joined Janney Montgomery Scott from Avondale Partners, a Tennessee-based independent advisory firm. The group, based...

    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

Purchase the data and information contained in the RIA Data Center in an Excel spreadsheet.

For comments or suggestions about the Adviser Center, please contact us.

Reprints: For reprints of these rankings, please contact Laura Picariello.

*Methodology:InvestmentNews qualified 2,172 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of May 1, 2018. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2017, (2) total AUM is at least $100M, (3) does not have employees who are registered representatives of a broker-dealer, (4) provided investment advisory services to clients during its most recently completed fiscal year, (5) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) not one who is an insurance company or agency.

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