MARKS WEALTH MANAGEMENT
MARKS WEALTH, LLC Legal Name
Adviser information for MARKS WEALTH MANAGEMENT last updated from Form ADV on February 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 | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 3 |
|---|---|
| Investment Advisory/Research | 2 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 2 |
| 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 | 947 | $382.7M |
| Non-Discretionary | 0 | $0 |
| Total | 947 | $382.7M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 137 | $88.4M |
| HNW Individuals | 137 | $294.3M |
| 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 | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUM |
Principal Office
1 PARK PLACESUITE 500
ANNAPOLIS
MD
United States
Monday - Friday, 8 AM - 5 PM
Tel: (410) 934-1199, Fax: 410-914-1795
Chief Compliance Officer
CHARLES MARKS
CHIEF EXECUTIVE OFFICER
1 PARK PLACE
SUITE 500
ANNAPOLIS
MD
United States
Tel:
(410) 934-1199
Fax:
410-914-1795
C******@**********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 |
|---|---|---|---|---|---|
| MARKS, CHARLES | Individual | – | CEO / MANAGING DIRECTOR / CHIEF COMPLIANCE OFFICER | 09/2020 | > 75% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed July 24th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| AMAZON COM INC | COM | 267K | 1K | – |
| BECTON DICKINSON & CO | COM | 485K | 2K | – |
| EXXON MOBIL CORP | COM | 237K | 2K | – |
| FIRST TR EXCHANGE TRADED FD | NASDAQ CYB ETF | 11M | 202K | – |
| ISHARES TR | 20 YR TR BD ETF | 14M | 149K | – |
| ISHARES TR | 10-20 YR TRS ETF | 14M | 134K | – |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 89M | 2M | – |
| META PLATFORMS INC | CL A | 303K | 600 | – |
| MICROSOFT CORP | COM | 1M | 3K | – |
| NETFLIX INC | COM | 207K | 306 | – |
| PROCTER AND GAMBLE CO | COM | 1M | 6K | – |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 16M | 70K | – |
| SELECT SECTOR SPDR TR | COMMUNICATION | 42M | 490K | – |
| VANECK ETF TRUST | OIL SERVICES ETF | 446K | 1K | – |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 37M | 141K | – |