MIDLAND WEALTH MANAGEMENT
MIDLAND WEALTH ADVISORS, LLC Legal Name
Adviser information for MIDLAND WEALTH MANAGEMENT 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 | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Illinois, United States |
Employees
| Total Number of Employees | 18 |
|---|---|
| Investment Advisory/Research | 16 |
| Registered Broker-Dealer Representatives | 3 |
| Registered State Investment Advisers | 16 |
| Licensed Agents of an Insurance Company | 5 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 3,993 | $2.5B |
| Non-Discretionary | 4 | $719,473 |
| Total | 3,997 | $2.5B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 16 | $3.0M |
| HNW Individuals | <5 | $579,126 |
| Banking or thrift institutions | <5 | $2.5B |
| 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 | 0 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPension consulting services |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-127578 |
|---|---|
| SEC ERA File Number | 801-127578 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 324997 |
| Legal Entity Identifier | None |
Principal Office
1201 NETWORK CENTRE DRIVEEFFINGHAM
IL
United States
Monday - Friday, 8:30AM TO 5:00PM
Tel: 312-660-6516, Fax: None
Chief Compliance Officer
DONNA J. NOBLE
SR. MANAGER - RISK & COMPLIANCE
6838 E. STATE STREET
SUITE 2
ROCKFORD
IL
United States
Tel:
312-660-6516
D******@************M
(Full email address available in API data)
Industry Affiliates
| MIDLAND STATES BANK | Banking or thrift institution |
| MIDLAND TRUST COMPANY | Trust company |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| NOBLE, DONNA, JEAN | Individual | – | SECRETARY AND CHIEF COMPLIANCE OFFICER | 02/2023 | < 5% |
| SORENSON, HEATH, WILLIAM | Individual | – | VP, CHIEF OPERATING OFFICER, AND TREASURER | 02/2023 | < 5% |
| MIDLAND STATES BANCORP, INC. | Domestic Entity | – | MANAGING MEMBER (PARENT COMPANY) | 02/2023 | > 75% |
| LANGE, RYAN, LEE | Individual | – | CHIEF INVESTMENT OFFICER | 08/2023 | < 5% |
| STEVENSON, DANNY, LEON | Individual | – | PRESIDENT AND CHIEF EXECUTIVE OFFICER | 08/2023 | < 5% |