MWA FINANCIAL SERVICES, INC.
Adviser information for MWA FINANCIAL SERVICES, INC. last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Illinois, United States |
Employees
| Total Number of Employees | 685 |
|---|---|
| Investment Advisory/Research | 115 |
| Registered Broker-Dealer Representatives | 653 |
| Registered State Investment Advisers | 131 |
| Licensed Agents of an Insurance Company | 627 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 0 | $0 |
| Non-Discretionary | 1,432 | $216.1M |
| Total | 1,432 | $216.1M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,382 | $162.7M |
| HNW Individuals | 30 | $46.4M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 7 | $1.5M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 13 | $5.5M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 14 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 11-25 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 147.9M |
| Portfolio Manager | 68.2M |
| Both for Same | 68.2M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| PERSHING ADVISER MANAGED ACCOUNTS | MWA FINANCIAL SERVICES, INC. |
Identifiers
| SEC RIA File Number | 801-107091 |
|---|---|
| SEC ERA File Number | 801-107091 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 112630 |
| Legal Entity Identifier | None |
Principal Office
1701 1ST AVENUEROCK ISLAND
IL
United States
Monday - Friday, 8:00 AM - 4:30 PM
Tel: 309-558-3100, Fax: 309-558-3150
Chief Compliance Officer
KELLIE RECH
MANAGER, COMPLIANCE
1701 1ST AVENUE
ROCK ISLAND
IL
United States
Tel:
309-558-3115
Fax:
309-558-3150
K**********@*****************G
(Full email address available in API data)
Regulatory Contact
MICHAEL J HETRICK
COMPLIANCE SUPERVISOR
1701 1ST AVENUE
ROCK ISLAND
IL
United States
Tel:
309-558-3104
Fax:
309-558-3150
M***********@*****************G
(Full email address available in API data)
Industry Affiliates
| MODERN WOODMEN OF AMERICA | Insurance company or agency |
| MWAGIA | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MODERN WOODMEN OF AMERICA | Domestic Entity | – | PARENT CO. | 02/2001 | > 75% |
| SWANSON, TODD DAVID | Individual | – | TREASURER | 06/2011 | < 5% |
| LYPHOUT, JERALD JAMES | Individual | – | DIRECTOR | 01/2023 | < 5% |
| POGEMILLER, CLINT JOSEPH | Individual | – | PRESIDENT/CHAIRMAN | 06/2015 | < 5% |
| VAN, BRETT MATTHEW | Individual | – | DIRECTOR | 05/2015 | < 5% |
| BOHNERT, LESTER LEE | Individual | – | DIRECTOR | 04/2018 | < 5% |
| RECH, KELLIE MARIE | Individual | – | CHIEF COMPLIANCE OFFICER | 05/2022 | < 5% |
| JENSEN, DAWN M | Individual | – | CHIEF OPERATIONS OFFICER | 04/2018 | < 5% |
| SOWARDS, JEFFREY NEIL | Individual | – | DIRECTOR | 06/2019 | < 5% |
| EIGENBROD, NEIL THOMAS | Individual | – | FINOP | 10/2020 | < 5% |
| DOYLE, SHEA EUGENE | Individual | – | SECRETARY/DIRECTOR | 01/2023 | < 5% |