DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Mader & Shannon Wealth Management

Independent wealth managerKansas City, MissouriCRD 123741SEC 801-67482websiteIAPD
Legal name Mader & Shannon Wealth Management, Inc.
Latest filing Aug 17, 2026
First filing on the tape Nov 28, 2011 · 29 filings
SEC status approved since Jan 12, 2007
RAUM
$269M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
90%
$242M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$33.7M
derived; firm RAUM over IAPD count
Employees
10
9 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$269M as of Aug 17, 2026
Mar 19, 2012$101M then
HNW client RAUM$180M as of Aug 17, 2026
Mar 1, 2018$64.3M then
State-registered IARs (5.B.3)9 as of Aug 17, 2026
Mar 7, 20135 then
Employees (5.A)10 as of Aug 17, 2026
Mar 7, 20139 then
Private funds: no history
RAUM +22% over the last fiscal year+7.8% a year over threeIARs 9 to 9
Practice profile
derived from the filing of Aug 17, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$33.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
42derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$312,222derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
6.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
2.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.7%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$180M67%
  • Individuals$61.7M23%
  • Pension and profit-sharing plans$16.2M6.0%
  • Other investment advisers$7.5M2.8%
  • Corporations and businesses$2.9M1.1%
  • Charitable organizations$1.1M0.4%
Individual clients
255reported
HNW clients
84reported
Pension plan clients
16reported
Charitable clients
n/areported
Accounts
863reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=0.9 fund_share=0.03 institutional_share=0.06 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Bret A. GuillaumeCertified Financial PlannerKansas City, MoMar 30, 200522 y1
James W MaderChartered Financial ConsultantKansas City, MoApr 21, 200531 y1
Michael Lynn BatsellLeander, TxJan 20, 201025 y0
Daniel Bruce KennedyKansas City, MoApr 30, 201016 y0
Matthew William StevensKansas City, MoFeb 13, 201445 y1
John Russell MartinKansas City, MoDec 23, 201428 y0
Kyle Andrew SandersKansas City, MoOct 27, 201515 y0
Leann KnuthColorado Springs, Co Jul 16, 202415 y1
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • A. Bret Guillaume · President And Chief Compliance Officercontrol
    since 04/2005 · owns 75% or more
  • W James Mader · Chairman And Ceocontrol
    since 01/2005 · owns less than 5%
  • Andrew Kyle Sanders · Portfolio Managercontrol
    since 01/2017 · owns 10% to 25%
Related persons
Schedule D 7.A
  • Mader Financial Group, Inc.
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Kansas City, Mo · principal700
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • HNW share shiftChange between filings · filing Feb 23, 2026
    HNW share of RAUM moved from 33.0% to 67.0% between the annual amendments of 2025-02-24 and 2026-02-23
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Corporate clients · 20 to 8
    Feb 24, 2025 to Feb 23, 2026
  • HNW clients · 35 to 84
    Feb 24, 2025 to Feb 23, 2026
  • Individual clients · 310 to 255
    Feb 24, 2025 to Feb 23, 2026
  • Discretionary RAUM · $221M to $269M
    Feb 24, 2025 to Feb 23, 2026
  • HNW RAUM · $73.5M to $180M
    Feb 24, 2025 to Feb 23, 2026
  • Individual RAUM · $112M to $61.7M
    Feb 24, 2025 to Feb 23, 2026
  • Pension RAUM · $17.4M to $16.2M
    Feb 24, 2025 to Feb 23, 2026
  • RAUM · $221M to $269M
    Feb 24, 2025 to Feb 23, 2026
  • Accounts · 394 to 863
    Mar 8, 2024 to Feb 24, 2025
  • Advisory employees · 10 to 9
    Mar 8, 2024 to Feb 24, 2025
  • Corporate clients · 15 to 20
    Mar 8, 2024 to Feb 24, 2025
  • HNW clients · 78 to 35
    Mar 8, 2024 to Feb 24, 2025
  • Individual clients · 277 to 310
    Mar 8, 2024 to Feb 24, 2025
  • Pension plan clients · 20 to 16
    Mar 8, 2024 to Feb 24, 2025
  • Financial planning clients · 11-25 to 11-25
    Mar 8, 2024 to Feb 24, 2025
  • State-registered IARs · 10 to 9
    Mar 8, 2024 to Feb 24, 2025
  • Discretionary RAUM · $229M to $221M
    Mar 8, 2024 to Feb 24, 2025
  • HNW RAUM · $125M to $73.5M
    Mar 8, 2024 to Feb 24, 2025
  • Individual RAUM · $58.3M to $112M
    Mar 8, 2024 to Feb 24, 2025
  • Pension RAUM · $28.1M to $17.4M
    Mar 8, 2024 to Feb 24, 2025
  • RAUM · $229M to $221M
    Mar 8, 2024 to Feb 24, 2025
  • Accounts · 392 to 394
    Feb 23, 2023 to Mar 8, 2024
  • Advisory employees · 11 to 10
    Feb 23, 2023 to Mar 8, 2024
  • Corporate clients · 16 to 15
    Feb 23, 2023 to Mar 8, 2024
  • HNW clients · 59 to 78
    Feb 23, 2023 to Mar 8, 2024
  • Individual clients · 295 to 277
    Feb 23, 2023 to Mar 8, 2024
  • Pension plan clients · 18 to 20
    Feb 23, 2023 to Mar 8, 2024
  • Employees · 11 to 10
    Feb 23, 2023 to Mar 8, 2024
  • State-registered IARs · 11 to 10
    Feb 23, 2023 to Mar 8, 2024
  • Other offices · 3 to 2
    Feb 23, 2023 to Mar 8, 2024
  • Discretionary RAUM · $215M to $229M
    Feb 23, 2023 to Mar 8, 2024
  • HNW RAUM · $118M to $125M
    Feb 23, 2023 to Mar 8, 2024
  • Individual RAUM · $60.5M to $58.3M
    Feb 23, 2023 to Mar 8, 2024
  • Pension RAUM · $24.6M to $28.1M
    Feb 23, 2023 to Mar 8, 2024
  • RAUM · $215M to $229M
    Feb 23, 2023 to Mar 8, 2024
  • Accounts · 394 to 392
    Mar 10, 2022 to Feb 23, 2023
  • Corporate clients · 10 to 16
    Mar 10, 2022 to Feb 23, 2023
  • HNW clients · 58 to 59
    Mar 10, 2022 to Feb 23, 2023
  • Individual clients · 301 to 295
    Mar 10, 2022 to Feb 23, 2023
  • Pension plan clients · 20 to 18
    Mar 10, 2022 to Feb 23, 2023
Signals
2 dated events
  • Austin Grant Harrison left Mader & Shannon Wealth Management for Convergence Financial (registered 2024-07-05)
    Jul 1, 2024 · Advisor changed firm · fact
  • Taylor Alexandra Graham left Mader & Shannon Wealth Management for Creative Planning (registered 2024-06-24)
    Jun 17, 2024 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/mader-&-shannon-wealth-managementreportedpublic record, Form ADV, Sep 17, 2026
Website
MADERSHANNON.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
816-751-0585reportedpublic record, Form ADV, Aug 17, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$33.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026