# MG Financial LLC

> MG Financial LLC is an SEC-registered investment advisory firm in Braintree, MA, registered since 1996, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 107649
- Filed as: MG FINANCIAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Braintree, MA
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107649
- AdvisorCensus page: https://advisorcensus.com/firm/mg-financial-llc-braintree-ma-107649

## Quick answers

**How is MG Financial LLC compensated?**
On its Form ADV (Item 5.E, October 2026), MG Financial LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; other.

**How much does MG Financial LLC charge?**
Its Form ADV Part 2A brochure dated March 24, 2026 states: Hourly rate: $85 to $850 an hour (projects not covered by our asset-based fee). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is MG Financial LLC located?**
MG Financial LLC's principal office is in Braintree, MA, according to its Form ADV.

**Is MG Financial LLC registered with the SEC or a state?**
MG Financial LLC is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 107649.

**How much does MG Financial LLC manage?**
MG Financial LLC reports $1,128,972,031 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary).

**How have MG Financial LLC's assets and staff changed since 2021?**
In the Form ADV data for MG Financial LLC: Regulatory assets under management: $1,181,600,030 in the October 2021 data and $1,128,972,031 in the October 2026 data, down 4%. Total employees: 8 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MG Financial LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (86); individuals (other than high net worth individuals) (29); pooled investment vehicles (other than investment companies and business development companies) (21).

**Which custodians does MG Financial LLC use?**
MG Financial LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists J.P. Morgan Securities LLC and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does MG Financial 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/107649

**Does MG Financial LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 24, 2026 says: "MG Financial will provide services for families, individuals, trusts or charitable organizations with a minimum liquid net worth of $10,000,000 or the future likelihood of this minimum."

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 24, 2026)

- Account minimum: $10,000,000

> MG Financial will provide services for families, individuals, trusts or charitable organizations with a minimum liquid net worth of $10,000,000 or the future likelihood of this minimum.

- Hourly rate: $85 to $850 an hour (projects not covered by our asset-based fee)

> Additionally, we may charge a fixed fee or an hourly rate, as discussed with you in advance, for projects not covered by our asset-based fee. These hourly rates range from $85 to $850 an hour.

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

### Custodians (Schedule D, Section 5.K(3))
- J.P. Morgan Securities LLC
- National Financial 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: $1,128,972,031
- Discretionary: $1,128,972,031
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 29 | $6,581,175 |
| High net worth individuals | 86 | $1,024,569,142 |
| Pooled investment vehicles (other than investment companies and business development companies) | 21 | $92,619,607 |
| Charitable organizations | 1 | $5,202,107 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1996 (30 years)
- Employees: 9 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- mgfinancial.com
- LinkedIn @mg-financial-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,181,600,030 | 8 | March 17, 2021 |
| October 2022 | $1,252,015,531 | 8 | March 22, 2022 |
| October 2023 | $1,065,578,271 | 7 | August 11, 2023 |
| October 2024 | $1,129,381,569 | 7 | March 25, 2024 |
| October 2025 | $1,051,145,842 | 7 | March 28, 2025 |
| October 2026 | $1,128,972,031 | 9 | March 24, 2026 |

Regulatory assets under management: $1,181,600,030 in the October 2021 data and $1,128,972,031 in the October 2026 data, down 4%.
Total employees: 8 in October 2021 and 9 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MG Financial LLC (CRD 107649): Form ADV filing data as of October 2026.