# MWS Capital Consultants LLC

> 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.

- CRD: 125061
- Filed as: MWS CAPITAL CONSULTANTS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: February 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/125061
- AdvisorCensus page: https://advisorcensus.com/firm/mws-capital-consultants-llc-chicago-il-125061

## Quick answers

**How is MWS Capital Consultants LLC compensated?**
On its Form ADV (Item 5.E, October 2026), MWS Capital Consultants LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is MWS Capital Consultants LLC located?**
MWS Capital Consultants LLC's principal office is in Chicago, IL, according to its Form ADV.

**Is MWS Capital Consultants LLC registered with the SEC or a state?**
MWS Capital Consultants LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 125061.

**How much does MWS Capital Consultants LLC manage?**
MWS Capital Consultants LLC reports $193,676,494 in regulatory assets under management in its Form ADV filing dated February 18, 2026 (96% discretionary).

**How have MWS Capital Consultants LLC's assets and staff changed since 2022?**
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.

**What types of clients does MWS Capital Consultants LLC serve?**
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).

**Which custodians does MWS Capital Consultants LLC use?**
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.

**Does MWS Capital Consultants 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/125061

**Does MWS Capital Consultants LLC state an account minimum?**
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."

**What changed in MWS Capital Consultants LLC's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $157,127,919 to $193,676,494 (+23%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 18, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> 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.

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Institutional Wealth Services

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: $193,676,494
- Discretionary: $185,876,045
- Non-discretionary: $7,800,449

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 65 | $15,903,641 |
| High net worth individuals | 59 | $152,344,427 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 12 | $14,775,519 |
| Corporations or other businesses not listed above | 6 | $10,652,907 |

### 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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, IL, NJ, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- mwscapital.com
- LinkedIn @matthewshapiromwscapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $115,304,304 | 3 | March 14, 2022 |
| October 2023 | $102,039,511 | 3 | June 29, 2023 |
| October 2024 | $125,612,329 | 3 | February 14, 2024 |
| October 2025 | $157,127,919 | 3 | July 9, 2025 |
| October 2026 | $193,676,494 | 3 | February 18, 2026 |

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.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $157,127,919 to $193,676,494 (+23%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MWS Capital Consultants LLC (CRD 125061): Form ADV filing data as of October 2026.