# Madison Partners

> Madison Partners is an SEC-registered investment advisory firm in Madison, WI, registered since 2020, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 17, 2026.

- CRD: 305824
- Filed as: MADISON PARTNERS
- Legal name: Madison Wealth Partners, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Madison, WI
- Filing period: October 2026
- Form ADV filing dated: September 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/305824
- AdvisorCensus page: https://advisorcensus.com/firm/madison-partners-madison-wi-305824

## Quick answers

**How is Madison Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Madison Partners reports these compensation arrangements: a percentage of assets under its management.

**Where is Madison Partners located?**
Madison Partners' principal office is in Madison, WI, according to its Form ADV; the October 2026 filing also lists 6 other offices (Schedule D, Section 1.F).

**Is Madison Partners registered with the SEC or a state?**
Madison Partners is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 305824.

**How much does Madison Partners manage?**
Madison Partners reports $1,303,110,029 in regulatory assets under management in its Form ADV filing dated September 17, 2026 (98% discretionary).

**How have Madison Partners' assets and staff changed since 2021?**
In the Form ADV data for Madison Partners: Regulatory assets under management: $235,040,557 in the October 2021 data and $1,303,110,029 in the October 2026 data, up 454%. Total employees: 7 in October 2021 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Madison Partners serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,675); high net worth individuals (367); pension and profit sharing plans (but not the plan participants or government pension plans) (35).

**Which custodians does Madison Partners use?**
Madison Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Madison Partners report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/305824

**Does Madison Partners state an account minimum?**
Its Form ADV Part 2A brochure dated July 8, 2026 says: "Madison Partners does not require a minimum account size or fee."

**What changed in Madison Partners' recent Form ADV filings?**
In the October 2026 filing data: Changed its office addresses in Sturgeon Bay, WI. Added an office in Pewaukee, WI. Added an office in Scottsdale, AZ. No longer lists an office in Madison, WI. No longer lists an office in Wausau, WI. Registered or notice-filed in VA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated July 8, 2026)

- Account minimum: None

> Madison Partners does not require a minimum account size or fee.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $1,303,110,029
- Discretionary: $1,275,902,119
- Non-discretionary: $27,207,910

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,675 | $449,264,586 |
| High net worth individuals | 367 | $806,958,305 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 35 | $46,392,485 |
| Charitable organizations | Fewer than 5 | $494,653 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2020 (6 years)
- Employees: 17 total, 17 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, FL, GA, IA, ID, IL, LA, MI, MN, NC, NE, NJ, NV, NY, OR, PA, SC, TN, TX, VA, VT, WA, WI, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Brodhead, WI
- Manitowoc, WI
- Pewaukee, WI
- Scottsdale, AZ
- Sturgeon Bay, WI
- Waunakee, WI

### Websites listed on Form ADV (Item 1.I)
- themadisonpartners.com
- Facebook @themadisonpartners
- LinkedIn @38098317

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $235,040,557 | 7 | August 11, 2021 |
| October 2022 | $432,911,122 | 11 | August 24, 2022 |
| October 2023 | $461,551,362 | 10 | April 20, 2023 |
| October 2024 | $559,017,001 | 13 | September 17, 2024 |
| October 2025 | $1,094,186,882 | 16 | March 31, 2025 |
| October 2026 | $1,303,110,029 | 17 | September 17, 2026 |

Regulatory assets under management: $235,040,557 in the October 2021 data and $1,303,110,029 in the October 2026 data, up 454%.
Total employees: 7 in October 2021 and 17 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Changed its office addresses in Sturgeon Bay, WI.
- Added an office in Pewaukee, WI.
- Added an office in Scottsdale, AZ.
- No longer lists an office in Madison, WI.
- No longer lists an office in Wausau, WI.
- Registered or notice-filed in VA.

### July 2026
- Registered or notice-filed in MI.

### June 2026
- Registered or notice-filed in VT, WV.

### May 2026
- Registered or notice-filed in CT, GA.

### April 2026
- Registered or notice-filed in NJ.

### February 2026
- Updated its list of owners and control persons (Schedule A).

### January 2026
- Employees performing advisory functions went from 12 to 17.
- Regulatory assets under management went from $1,094,186,882 to $1,303,110,029 (+19%).
- Added an office in Sturgeon Bay, WI.
- Added an office in Wausau, WI.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Madison Partners (CRD 305824): Form ADV filing data as of October 2026.