WEALTH MANAGEMENT GROUP, L.L.C.
Adviser information for WEALTH MANAGEMENT GROUP, L.L.C. last updated from Form ADV on February 29th, 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 | Illinois, United States |
Employees
| Total Number of Employees | 7 |
|---|---|
| Investment Advisory/Research | 7 |
| Registered Broker-Dealer Representatives | 7 |
| Registered State Investment Advisers | 6 |
| Licensed Agents of an Insurance Company | 6 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 3,016 | $660.3M |
| Non-Discretionary | 0 | $0 |
| Total | 3,016 | $660.3M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 889 | $204.2M |
| HNW Individuals | 458 | $452.4M |
| 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 | <5 | $985,852 |
| Charitable organizations | <5 | $2.6M |
| 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 | 2 | $154,959 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 8 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1000 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPension consulting services |
|---|---|
| Compensation | % of AUMHourly charges |
| Other Business Activities | Registered representative of a broker-dealer |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 660.3M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| WEALTH MANAGEMENT GROUP WRAP FEE | WEALTH MANAGEMENT GROUP, L.L.C. |
Identifiers
| SEC RIA File Number | 801-123390 |
|---|---|
| SEC ERA File Number | 801-123390 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 318657 |
| Legal Entity Identifier | None |
Principal Office
1605 WEST COLONIAL PARKWAYINVERNESS
IL
United States
Monday - Friday, 8:00 AM - 5:00 PM CST
Tel: 847-907-9600, Fax: 847-907-9601
Chief Compliance Officer
LESLIE M. BOLANOS
CHIEF OPERATING OFFICER
1605 WEST COLONIAL PARKWAY
INVERNESS
IL
United States
Tel:
847-907-9602
Fax:
847-907-9601
L*************@****************M
(Full email address available in API data)
Regulatory Contact
CRAIG G. BOLANOS, JR.
1605 WEST COLONIAL PARKWAY
INVERNESS
IL
United States
Tel:
847-907-9604
Fax:
847-907-9601
C************@****************M
(Full email address available in API data)
Industry Affiliates
| WMG INSURANCE ASSOCIATES | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BOLANOS, CRAIG, GEORGE | Individual | – | CEO | 02/2003 | > 75% |
| BOLANOS, LESLIE, MARIE | Individual | – | COO/CCO | 02/2003 | < 5% |