# Marshall Investment Management, LLC

> Marshall Investment Management, LLC is an SEC-registered investment advisory firm in Greenwood Village, CO, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 26, 2026.

- CRD: 174817
- Filed as: MARSHALL INVESTMENT MANAGEMENT, LLC
- Also doing business as: CAVILL & COMPANY, KIRSCH WEALTH ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Greenwood Village, CO
- Filing period: October 2026
- Form ADV filing dated: August 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/174817
- AdvisorCensus page: https://advisorcensus.com/firm/marshall-investment-management-llc-greenwood-village-co-174817

## Quick answers

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

**How much does Marshall Investment Management, LLC charge?**
Its Form ADV Part 2A brochure dated August 26, 2026 states: Flat fee: $2,500 to $15,000 (financial plans); Subscription: $200 a month (ongoing financial planning services); Hourly rate: $200 to $500 an hour (ongoing financial consulting services); Flat fee: up to $15,000 a year (ongoing financial consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Marshall Investment Management, LLC located?**
Marshall Investment Management, LLC's principal office is in Greenwood Village, CO, according to its Form ADV; the September 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Marshall Investment Management, LLC registered with the SEC or a state?**
Marshall Investment Management, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 174817.

**How much does Marshall Investment Management, LLC manage?**
Marshall Investment Management, LLC reports $297,993,524 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (100% discretionary).

**How have Marshall Investment Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Marshall Investment Management, LLC: Regulatory assets under management: $197,229,057 in the October 2021 data and $297,993,524 in the October 2026 data, up 51%. Total employees: 6 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Marshall Investment Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (330); high net worth individuals (257).

**Which custodians does Marshall Investment Management, LLC use?**
Marshall Investment Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Marshall Investment Management, LLC 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/174817

**What changed in Marshall Investment Management, LLC's recent Form ADV filings?**
In the July 2026 filing data: No longer lists the business name Kirsch Wealth Management. Added the business name Kirsch Wealth Advisors. Added an office in Largo, FL.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated August 26, 2026)

- Flat fee: $2,500 to $15,000 (financial plans)

> Flat fees for financial plans range between $2,500 and $15,000.

- Subscription: $200 a month (ongoing financial planning services)

> For ongoing financial planning services are $200 per month.

- Hourly rate: $200 to $500 an hour (ongoing financial consulting services)

> This could include an ongoing hourly fee ranging from $ 200 to $ 500 per hour.

- Flat fee: up to $15,000 a year (ongoing financial consulting services)

> For other plans charge a flat fee per year for ongoing financial consulting services with a maximum charge of $15,000 per year.

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

### Custodians (Schedule D, Section 5.K(3))
- LPL Financial 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: $297,993,524
- Discretionary: $297,783,211
- Non-discretionary: $210,313

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 330 | $72,945,241 |
| High net worth individuals | 257 | $223,619,419 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $326,790 |
| Charitable organizations | Fewer than 5 | $446,200 |
| Corporations or other businesses not listed above | Fewer than 5 | $655,874 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2019 (7 years)
- Employees: 8 total, 8 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CO, FL, GA, MD, MN, NC, NE, NH, NM, NY, PA, SD, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Largo, FL
- Las Cruces, NM
- Littleton, CO

### Websites listed on Form ADV (Item 1.I)
- [investwithmarshall.com](https://investwithmarshall.com)
- Facebook @InvestWithMarshall
- LinkedIn @dennis-marshall-8ab46319b
- LinkedIn @kristin-schoenfelder-9646b819b
- X @investmarshall

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $197,229,057 | 6 | March 18, 2021 |
| October 2022 | $237,544,125 | 6 | February 24, 2022 |
| October 2023 | $203,718,249 | 6 | February 2, 2023 |
| October 2024 | $221,649,925 | 11 | August 27, 2024 |
| October 2025 | $264,092,743 | 8 | March 30, 2025 |
| October 2026 | $297,993,524 | 8 | August 26, 2026 |

Regulatory assets under management: $197,229,057 in the October 2021 data and $297,993,524 in the October 2026 data, up 51%.
Total employees: 6 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- No longer lists the business name Kirsch Wealth Management.
- Added the business name Kirsch Wealth Advisors.
- Added an office in Largo, FL.

### March 2026
- Regulatory assets under management went from $264,092,743 to $297,993,524 (+13%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Marshall Investment Management, LLC (CRD 174817): Form ADV filing data as of October 2026.