Munn Wealth Management, LLC is a large advisory firm based in Maumee. It manages $134.95 million of regulatory assets for 845 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, Michigan, and Ohio.
Munn Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Munn Wealth Management, LLC is $134.95 million. The firm's AUM has gone down by -35% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Munn Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of David Eldon Munn is individuals with 580 clients and $74.95 million of assets under management. Among the 12 most similar advisory firms, Munn Wealth Management has the 3rd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $134.95 million for 615 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Munn Wealth Management doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Munn Wealth Management, LLC is owned by Darren Thaddaeus Munn. David Eldon Munn has been acting as President since 1 Dec 2016. James P Ruyle joined the executive team most recently as the Owner.
The principal office where Munn Wealth Management, LLC performs its advisory services is located at 1700 Woodlands Drive, Maumee, OH 43537, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 419-794-0536. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at munnwealth.com/ and its LinkedIn profile.