AdvisorCensus / Financial advisors / Illinois / Chicago / Madden Funds Management
Madden Funds Management
Filed as MADDEN FUNDS MANAGEMENT · Legal name Madden Funds Management Ltd.
Madden Funds Management is an SEC-registered investment advisory firm in Oak Park, IL, registered since 1995, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 25, 2026.
Quick answers
From the filingHow is Madden Funds Management compensated?
On its Form ADV (Item 5.E, October 2026), Madden Funds Management reports these compensation arrangements: a percentage of assets under its management.
How much does Madden Funds Management charge?
Its Form ADV Part 2A brochure dated February 25, 2026 states: Up to $1,000,000: 0.25% a year; $1,000,000 to $2,500,000: 0.2% a year; $2,500,000 to $5,000,000: 0.175% a year; $5,000,000 to $10,000,000: 0.15% a year; Above $10,000,000: 0.1375% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Madden Funds Management located?
Madden Funds Management's principal office is in Oak Park, IL, according to its Form ADV.
Is Madden Funds Management registered with the SEC or a state?
Madden Funds Management is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 110309.
How much does Madden Funds Management manage?
Madden Funds Management reports $217,874,913 in regulatory assets under management in its Form ADV filing dated February 25, 2026 (100% discretionary).
How have Madden Funds Management's assets and staff changed since 2021?
In the Form ADV data for Madden Funds Management: Regulatory assets under management: $203,000,000 in the October 2021 data and $217,874,913 in the October 2026 data, up 7%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Madden Funds Management serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (110); high net worth individuals (57).
Which custodians does Madden Funds Management use?
Madden Funds Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Distributors Company LLC as a custodian holding 10% or more of its separately managed account assets.
Does Madden Funds Management report any disciplinary disclosures?
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/110309
Does Madden Funds Management state an account minimum?
Its Form ADV Part 2A brochure dated February 25, 2026 says: "MFM provides investment advisory services to: • Individuals • Pension and profit sharing plans • Trusts, estates or charitable organizations • Corporations and other businesses MFM has a negotiable minimum account size of $100,000."
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $1,000,000 | 0.25% |
| $1,000,000 to $2,500,000 | 0.2% |
| $2,500,000 to $5,000,000 | 0.175% |
| $5,000,000 to $10,000,000 | 0.15% |
| Above $10,000,000 | 0.1375% |
The brochure's wording
Account Value Fee First $1,000,000 0.25% Next $1,500,000 0.20% Next $2,500,000 0.175% Next $5,000,000 0.15% Over $10,000,000 0.1375%
Account minimum: $100,000 (the brochure says it may be waived or negotiated)
The brochure's wording
MFM provides investment advisory services to: • Individuals • Pension and profit sharing plans • Trusts, estates or charitable organizations • Corporations and other businesses MFM has a negotiable minimum account size of $100,000.
As stated in the firm's Form ADV Part 2A brochure dated February 25, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$217,874,913 as of October 2026, filing dated February 25, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Publication of periodicals or newsletters
Registration and firm details
Items 1, 2, 5- Legal name
- Madden Funds Management Ltd.
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1995 (31 years)
- Employees
- Total: 3. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 113 Reports 3 disclosure items on Form ADV Item 11. View on IAPD.
Questions answered yes on this filing
Regulatory matters Items 11.C to 11.G
- 11.C(2) Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4) Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5) Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $217,874,913 | 3 | February 25, 2026 |
| October 2025 | $206,090,994 | 3 | February 22, 2025 |
| October 2024 | $190,526,082 | 3 | March 7, 2024 |
| October 2023 | $164,607,086 | 3 | March 6, 2023 |
| October 2022 | $191,626,253 | 3 | March 10, 2022 |
| October 2021 | $203,000,000 | 3 | August 19, 2021 |
Regulatory assets under management: $203,000,000 in the October 2021 data and $217,874,913 in the October 2026 data, up 7%.
Total employees: 3 in October 2021 and 3 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Madden Funds Management (CRD 110309): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/madden-funds-management-oak-park-il-110309