# Mason Wells, Inc.

> Mason Wells, Inc. is an SEC-registered investment advisory firm in Milwaukee, WI, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 173069
- Filed as: MASON WELLS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Milwaukee, WI
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/173069
- AdvisorCensus page: https://advisorcensus.com/firm/mason-wells-inc-milwaukee-wi-173069

## Quick answers

**How is Mason Wells, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Mason Wells, Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Mason Wells, Inc. located?**
Mason Wells, Inc.'s principal office is in Milwaukee, WI, according to its Form ADV.

**Is Mason Wells, Inc. registered with the SEC or a state?**
Mason Wells, Inc. is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 173069.

**How much does Mason Wells, Inc. manage?**
Mason Wells, Inc. reports $1,420,286,011 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Mason Wells, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Mason Wells, Inc.: Regulatory assets under management: $2,034,784,781 in the October 2021 data and $1,420,286,011 in the October 2026 data, down 30%. Total employees: 19 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mason Wells, Inc. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does Mason Wells, 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/173069

**What changed in Mason Wells, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 19 to 20. Regulatory assets under management went from $1,927,528,342 to $1,420,286,011 (-26%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $1,420,286,011
- Discretionary: $1,420,286,011
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $1,420,286,011 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2014 (11 years)
- Employees: 22 total, 20 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [masonwells.com](https://masonwells.com)
- LinkedIn @mason-wells-inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,034,784,781 | 19 | March 23, 2021 |
| October 2022 | $1,997,230,891 | 20 | March 25, 2022 |
| October 2023 | $1,936,451,188 | 20 | March 23, 2023 |
| October 2024 | $2,141,471,695 | 22 | March 25, 2024 |
| October 2025 | $1,927,528,342 | 21 | March 25, 2025 |
| October 2026 | $1,420,286,011 | 22 | March 30, 2026 |

Regulatory assets under management: $2,034,784,781 in the October 2021 data and $1,420,286,011 in the October 2026 data, down 30%.
Total employees: 19 in October 2021 and 22 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 19 to 20.
- Regulatory assets under management went from $1,927,528,342 to $1,420,286,011 (-26%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mason Wells, Inc. (CRD 173069): Form ADV filing data as of October 2026.