# Marks Group Wealth Management, Inc.

> Marks Group Wealth Management, Inc. is an SEC-registered investment advisory firm in Minnetonka, MN, registered since 2008, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 14, 2026.

- CRD: 148679
- Filed as: MARKS GROUP WEALTH MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Minnetonka, MN
- Filing period: October 2026
- Form ADV filing dated: September 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/148679
- AdvisorCensus page: https://advisorcensus.com/firm/marks-group-wealth-management-inc-minnetonka-mn-148679

## Quick answers

**How is Marks Group Wealth Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Marks Group Wealth Management, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Marks Group Wealth Management, Inc. charge?**
Its Form ADV Part 2A brochure dated March 23, 2026 states: Asset-based fee: 0.15% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Marks Group Wealth Management, Inc. located?**
Marks Group Wealth Management, Inc.'s principal office is in Minnetonka, MN, according to its Form ADV.

**Is Marks Group Wealth Management, Inc. registered with the SEC or a state?**
Marks Group Wealth Management, Inc. is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 148679.

**How much does Marks Group Wealth Management, Inc. manage?**
Marks Group Wealth Management, Inc. reports $2,017,276,019 in regulatory assets under management in its Form ADV filing dated September 14, 2026 (87% discretionary).

**How have Marks Group Wealth Management, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Marks Group Wealth Management, Inc.: Regulatory assets under management: $1,354,683,748 in the October 2021 data and $2,017,276,019 in the October 2026 data, up 49%. Total employees: 13 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Marks Group Wealth Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (408); individuals (other than high net worth individuals) (374); pension and profit sharing plans (but not the plan participants or government pension plans) (12).

**Which custodians does Marks Group Wealth Management, Inc. use?**
Marks Group Wealth Management, Inc.'s 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 Marks Group Wealth Management, Inc. 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/148679

**Does Marks Group Wealth Management, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated March 23, 2026 says: "As a condition for starting and maintaining a relationship, MGWM imposes a minimum portfolio size of $1,000,000."

**What changed in Marks Group Wealth Management, Inc.'s recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 23, 2026)

- Asset-based fee: 0.15% to 2% a year (a range, as the brochure states it)

> The annual fee varies (between 0.15% and 2.00%) depending upon the market value of the assets under management and the type of investment/wealth management services to be rendered.

- Account minimum: $1,000,000

> As a condition for starting and maintaining a relationship, MGWM imposes a minimum portfolio size of $1,000,000.

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: $2,017,276,019
- Discretionary: $1,755,686,167
- Non-discretionary: $261,589,852

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 374 | $149,773,304 |
| High net worth individuals | 408 | $1,372,580,653 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 12 | $201,510,440 |
| Charitable organizations | 11 | $282,176,359 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 4 | $11,235,263 |
| Other | 0 | $0 |

### 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2008 (17 years)
- Employees: 14 total, 9 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AL, AZ, CA, FL, IA, IL, IN, LA, MN, MO, ND, NE, NY, SD, TX, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- marksgroup.com
- Facebook @MARKSGROUPWEALTHMANAGEMENT
- LinkedIn @MARKS-GROUP-WEALTH-MANAGEMENT
- YouTube @UC8TwFAJK0XvRCgtDqad7bJA

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,354,683,748 | 13 | March 12, 2021 |
| October 2022 | $1,621,338,200 | 14 | March 28, 2022 |
| October 2023 | $1,463,855,812 | 14 | March 21, 2023 |
| October 2024 | $1,688,993,525 | 14 | September 25, 2024 |
| October 2025 | $1,968,819,528 | 14 | February 27, 2025 |
| October 2026 | $2,017,276,019 | 14 | September 14, 2026 |

Regulatory assets under management: $1,354,683,748 in the October 2021 data and $2,017,276,019 in the October 2026 data, up 49%.
Total employees: 13 in October 2021 and 14 in October 2026.

## Changes in the filing (last 12 months)

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

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Marks Group Wealth Management, Inc. (CRD 148679): Form ADV filing data as of October 2026.