Wealth Management Group

Wealth Management Group

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220 Beiser Blvd

Dover, DE 19904

302-734-5826

wmgadvisors.com

No. advisers: 7

AUM: $182,563,488

Asset Breakdown

Staff
Employees 7
Clients
High-net-worth individuals 51-75%
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 $182,563,488 646 $282,606
Non-discretionary 0 0 $0
Total $182,563,488 646 $282,606

Advisers go on the offensive, getting clients ready for the next market correction

May 22, 2017 - Proactive advisers have been taking steps in recent months to equip clients with the mental resilience to handle a 10% to 20% market correction. They're going beyond the usual reminders that dips are part of the natural equities cycle and posing direct...

Is it time to go international?

April 29, 2017 - The question for advisers now: When will the hurting stop? More importantly, if international investing is worthwhile, what do you need to tell clients? No less a personality than John Bogle, founder of The Vanguard Group, has expressed skepticism about...

Wells Fargo loses $700 million team to Raymond James

April 18, 2017 - Four advisers working on the Wells Fargo Advisors' Profit Formula platform have joined the independent-employee channel of Raymond James in Huntsville, Ala. The advisers — John Watts, Steuart Evans Jr., Russell Henshaw and Bradford Flowers — managed...

An insider's view of the inaugural Icons and Innovators luncheon

April 12, 2017 - I was honored and grateful to attend the inaugural InvestmentNews Icons and Innovators awards luncheon on April 3 as both a participant and an honoree. I have to confess I felt like the lightweight in the room. The awards luncheon, which took place on...

Advisers profit through association with Dave Ramsey — but not by as much as in the past

April 7, 2017 - Dave Ramsey is a well-known radio personality, author and motivational speaker, known for preaching a gospel of debt-free living to a fan base that appreciates his message and tries to follow his advice. But Mr. Ramsey also has another appreciative fan...

Merrill Lynch shakes up wealth management organization, leadership roles

March 29, 2017 - Merrill Lynch told its 14,600 advisers Wednesday that it was instituting a broad restructuring of its wealth management group to meet its goals-based strategy and to operate more effectively as a business. In a memo, Andy Sieg, head of Merrill Lynch Wealth...

Five advisers create $250 million hybrid in Ohio

March 22, 2017 - Five advisers who collectively manage $250 million in assets have joined forces to create an independent firm, The Strategic Wealth Management Group, based in Mansfield, Ohio. Three of the principals — Jeremy Swank, Rob Hassman and Greg Kibler — most...

Confidence: How you can give it to young financial advisers and watch them run with it

March 16, 2017 - Our fourth annual 40 Under 40 project is under way, and we need your help to uncover top young talent in financial advice. InvestmentNews' goal each year is to find the stories that inspire the industry and illuminate its clearest path to future success,...

First Republic starts year with a bang

January 31, 2017 - First Republic Bank's wealth management group has started 2017 with a bang, recruiting in January two sizable groups of Merrill Lynch advisers with $1.8 billion in client assets. On January 20, First Republic said five Merrill advisers in New York had...

    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.

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*Methodology: InvestmentNews qualified 1,778 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of November 1, 2016. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2016, (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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