MODEL WEALTH
MODEL WEALTH , INC. Legal Name
Adviser information for MODEL WEALTH last updated from Form ADV on March 19th, 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 | 4 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 472 | $199.6M |
| Non-Discretionary | 4 | $715,900 |
| Total | 476 | $200.3M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 67 | $16.6M |
| HNW Individuals | 78 | $175.0M |
| 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 | 0 | $0 |
| 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 | <5 | $8.7M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 101-250 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-117301 |
|---|---|
| SEC ERA File Number | 801-117301 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 299798 |
| Legal Entity Identifier | None |
Principal Office
55 S. MAIN ST.SUITE 380
NAPERVILLE
IL
United States
Monday - Friday, BY APPOINTMENT ONLY
Tel: (630) 381-1170, Fax: None
Chief Compliance Officer
ALEX OFFERMAN
55 S. MAIN ST
SUITE 380
NAPERVILLE
IL
United States
Tel:
630-381-1172
A************@**************M
(Full email address available in API data)
Regulatory Contact
RANDY BRUNS
PRESIDENT
55 S. MAIN ST
SUITE 380
NAPERVILLE
IL
United States
Tel:
630-381-1171
R**********@**************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BRUNS, RANDALL, THOMAS | Individual | – | MANAGING MEMBER | 05/2012 | > 75% |
| OFFERMAN, ALEX, C | Individual | – | CHIEF COMPLIANCE OFFICER | 07/2016 | < 5% |