{
  "crd_number": 125061,
  "slug": "mws-capital-consultants-llc-chicago-il-125061",
  "primary_business_name": "MWS CAPITAL CONSULTANTS LLC",
  "legal_name": "MWS CAPITAL CONSULTANTS LLC",
  "dbas": [],
  "city": "Chicago",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-04-15",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-02-18",
  "carried_forward": false,
  "raum_total": 193676494.0,
  "raum_discretionary": 185876045.0,
  "raum_non_discretionary": 7800449.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 15903641.0,
      "count": 65
    },
    "pension_profit_sharing": {
      "raum": 14775519.0,
      "count": 12
    },
    "high_net_worth_individuals": {
      "raum": 152344427.0,
      "count": 59
    },
    "corporations_other_businesses": {
      "raum": 10652907.0,
      "count": 6
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "IL",
    "NJ",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/in/matthewshapiromwscapital",
    "https://mwscapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/125061",
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/mws-capital-consultants-llc-chicago-il-125061",
  "display_name": "MWS Capital Consultants LLC",
  "summary": "MWS Capital Consultants LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 18, 2026.",
  "citation": "AdvisorCensus. MWS Capital Consultants LLC (CRD 125061): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is MWS Capital Consultants LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), MWS Capital Consultants LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is MWS Capital Consultants LLC located?",
      "a": "MWS Capital Consultants LLC's principal office is in Chicago, IL, according to its Form ADV."
    },
    {
      "q": "Is MWS Capital Consultants LLC registered with the SEC or a state?",
      "a": "MWS Capital Consultants LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 125061."
    },
    {
      "q": "How much does MWS Capital Consultants LLC manage?",
      "a": "MWS Capital Consultants LLC reports $193,676,494 in regulatory assets under management in its Form ADV filing dated February 18, 2026 (96% discretionary)."
    },
    {
      "q": "How have MWS Capital Consultants LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for MWS Capital Consultants LLC: Regulatory assets under management: $115,304,304 in the October 2022 data and $193,676,494 in the October 2026 data, up 68%. Total employees: 3 in October 2022 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does MWS Capital Consultants LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (65); high net worth individuals (59); pension and profit sharing plans (but not the plan participants or government pension plans) (12)."
    },
    {
      "q": "Which custodians does MWS Capital Consultants LLC use?",
      "a": "MWS Capital Consultants LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Institutional Wealth Services as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does MWS Capital Consultants LLC report any disciplinary disclosures?",
      "a": "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/125061"
    },
    {
      "q": "Does MWS Capital Consultants LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 18, 2026 says: \"We require new clients to have a minimum of $1,000,000 to invest with us, though we retain the discretion to waive the minimum under appropriate circumstances.\""
    },
    {
      "q": "What changed in MWS Capital Consultants LLC's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $157,127,919 to $193,676,494 (+23%)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 115304304.0,
      "total_employees": 3,
      "filing_date": "2022-03-14"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 102039511.0,
      "total_employees": 3,
      "filing_date": "2023-06-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 125612329.0,
      "total_employees": 3,
      "filing_date": "2024-02-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 157127919.0,
      "total_employees": 3,
      "filing_date": "2025-07-09"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 193676494.0,
      "total_employees": 3,
      "filing_date": "2026-02-18"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $157,127,919 to $193,676,494 (+23%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 18, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "We require new clients to have a minimum of $1,000,000 to invest with us, though we retain the discretion to waive the minimum under appropriate circumstances."
        ]
      }
    ],
    "quotes": [
      "We require new clients to have a minimum of $1,000,000 to invest with us, though we retain the discretion to waive the minimum under appropriate circumstances."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Institutional Wealth Services",
      "name_as_filed": "FIDELITY INSTITUTIONAL WEALTH SERVICES",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/mws-capital-consultants-llc-chicago-il-125061.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 65,
      "fewer_than_5": false,
      "raum": 15903641.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 59,
      "fewer_than_5": false,
      "raum": 152344427.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 12,
      "fewer_than_5": false,
      "raum": 14775519.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 6,
      "fewer_than_5": false,
      "raum": 10652907.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/125061",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}