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
Marks Group Wealth Management, Inc.
Latest filing Sep 14, 2026
First filing on the tape Mar 14, 2012 · 34 filings
SEC status approved since Oct 22, 2008
RAUM
$2.0B
reported, Item 5.F
Discretionary
87%
of RAUM
Private clients
75%
$1.5B individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$224M
derived; firm RAUM over IAPD count
Employees
14
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$2.0B as of Mar 23, 2026
Mar 14, 2012$258M then
HNW client RAUM$1.4B as of Mar 23, 2026
Mar 30, 2018$335M then
State-registered IARs (5.B.3)9 as of Mar 23, 2026
Mar 21, 20132 then
Employees (5.A)14 as of Mar 23, 2026
Mar 21, 201310 then
Private funds: no history
RAUM +2.5% over the last fiscal year+11% a year over threeIARs 9 to 9
Practice profile
derived from the filing of Sep 14, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $224MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 87derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.4MderivedHNW RAUM over HNW clients
- Average account
- $468,045derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 87%derivedof RAUM
- Institutional
- 24%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.6derivedItem 5.A over advisors
- Advisors per office
- 9.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +2.5%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.9%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
- Wrap fee program
- $1.8BreportedItem 5.I
- Custody
- $507M, 359 clientsreportedItem 9.A
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.4B68%
- Charitable organizations$282M14%
- Pension and profit-sharing plans$202M10.0%
- Individuals$150M7.4%
- Corporations and businesses$11.2M0.6%
- Individual clients
- 374reported
- HNW clients
- 408reported
- Pension plan clients
- 12reported
- Charitable clients
- 11reported
- Accounts
- 4,310reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- $0 sponsored, $0 managedreported
- Custody of client assets
- $507M for 359 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.75 fund_share=0.0 institutional_share=0.24 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Bennett Eldon Marks | Minnetonka, Mn | Apr 14, 2011 | 43 y | 1 |
| Patrick John DeegCertified Financial Planner | Minnetonka, Mn | Jan 16, 2014 | 20 y | 0 |
| John Christian Feste | Minnetonka, Mn | Jan 16, 2014 | 27 y | 0 |
| Matthew John ArnoldCertified Financial Planner | Minnetonka, Mn | Aug 14, 2015 | 19 y | 1 |
| Jeremy David Netka | Minnetonka, Mn | Jan 11, 2018 | 13 y | 1 |
| Samantha Lynn ThornCertified Financial Planner | Minnetonka, Mn | Aug 23, 2019 | 13 y | 1 |
| John Michael HantenCertified Financial Planner | Minnetonka, Mn | Jan 21, 2022 | 13 y | 3 |
| Turner Lee StormChartered Financial Analyst | Minnetonka, Mn | Jun 20, 2024 | 12 y | 2 |
| Brett William Angel | Minnetonka, Mn | Jan 2, 2026 | 18 y | 1 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Jeremy Allen Schmidt to Ameriprise Financial Services, LLCAug 5, 2024 · RIA to affiliated broker-dealer or bank
- Karly Rose Wakely to Fisher InvestmentsMar 9, 2020 · RIA to RIA
- Seth Lawrence Cogswell to Aspentree Capital CorporationJun 30, 2017 · Other
- Douglas Paul Hasler to LPL Financial LLCSep 2, 2014 · Other
Joined, latest
- Brett William Angel from UBS Financial Services Inc.Jan 2, 2026 · Wirehouse to independent RIA
- Turner Lee Storm from Carlson Capital Management, LLCJun 20, 2024 · RIA to RIA
- John Michael Hanten from Independent Financial Group, LLCJan 21, 2022 · Affiliated broker-dealer or bank to independent RIA
- Samantha Lynn Thorn from Murphy Pohlad Asset Management LLCAug 23, 2019 · RIA to RIA
- Jeremy David Netka from Wells Fargo AdvisorsJan 11, 2018 · Other
- Seth Lawrence Cogswell from Running Oak Capital LLCApr 4, 2017 · Other
- Matthew John Arnold from Thrivent Investment Management Inc.Aug 14, 2015 · Other
- Karly Rose Wakely from LPL Financial LLCJan 14, 2014 · Other
- Bennett Eldon Marks from UBS Financial Services Inc.Apr 14, 2011 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Eldon Bennett Marks · Chief Investment Officer/Chief Executive Officer/Foundercontrolsince 11/2008 · owns 50% to 75%
- John Matthew Arnold · Managing Director/Senior Wealth Advisorsince 09/2026 · owns less than 5%
- Christian John Feste · Presidentsince 11/2008 · owns 10% to 25%
- Shawn Erica Lewerenz · Director Of Operations/Chief Compliance Officersince 11/2019 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Minnetonka, Mn · principal | 9 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Financial planning clients · 251-500 to 251-500Mar 23, 2026 to Sep 14, 2026
- Related adviser · false to unsetMar 23, 2026 to Sep 14, 2026
- Related bank · false to unsetMar 23, 2026 to Sep 14, 2026
- Related broker-dealer · false to unsetMar 23, 2026 to Sep 14, 2026
- Related insurance company · false to unsetMar 23, 2026 to Sep 14, 2026
- Succession · false to unsetMar 23, 2026 to Sep 14, 2026
- Accounts · 4,019 to 4,310Sep 26, 2025 to Mar 23, 2026
- Charity clients · 8 to 11Sep 26, 2025 to Mar 23, 2026
- Corporate clients · 5 to 4Sep 26, 2025 to Mar 23, 2026
- HNW clients · 406 to 408Sep 26, 2025 to Mar 23, 2026
- Individual clients · 354 to 374Sep 26, 2025 to Mar 23, 2026
- Pension plan clients · 11 to 12Sep 26, 2025 to Mar 23, 2026
- Assets in custody · $519M to $507MSep 26, 2025 to Mar 23, 2026
- Discretionary RAUM · $1.7B to $1.8BSep 26, 2025 to Mar 23, 2026
- HNW RAUM · $1.3B to $1.4BSep 26, 2025 to Mar 23, 2026
- Individual RAUM · $138M to $150MSep 26, 2025 to Mar 23, 2026
- Non-discretionary RAUM · $242M to $262MSep 26, 2025 to Mar 23, 2026
- Pension RAUM · $179M to $202MSep 26, 2025 to Mar 23, 2026
- RAUM · $2.0B to $2.0BSep 26, 2025 to Mar 23, 2026
- Accounts · 3,788 to 4,019Sep 25, 2024 to Feb 27, 2025
- Charity clients · 9 to 8Sep 25, 2024 to Feb 27, 2025
- Corporate clients · 4 to 5Sep 25, 2024 to Feb 27, 2025
- HNW clients · 329 to 406Sep 25, 2024 to Feb 27, 2025
- Individual clients · 408 to 354Sep 25, 2024 to Feb 27, 2025
- Pension plan clients · 10 to 11Sep 25, 2024 to Feb 27, 2025
- Assets in custody · $450M to $519MSep 25, 2024 to Feb 27, 2025
- Financial planning clients · 251-500 to 251-500Sep 25, 2024 to Feb 27, 2025
- Discretionary RAUM · $1.5B to $1.7BSep 25, 2024 to Feb 27, 2025
- HNW RAUM · $1.1B to $1.3BSep 25, 2024 to Feb 27, 2025
- Individual RAUM · $174M to $138MSep 25, 2024 to Feb 27, 2025
- Non-discretionary RAUM · $209M to $242MSep 25, 2024 to Feb 27, 2025
- Pension RAUM · $154M to $179MSep 25, 2024 to Feb 27, 2025
- RAUM · $1.7B to $2.0BSep 25, 2024 to Feb 27, 2025
- Accounts · 3,646 to 3,788Mar 21, 2023 to Mar 5, 2024
- Corporate clients · 6 to 4Mar 21, 2023 to Mar 5, 2024
- HNW clients · 303 to 329Mar 21, 2023 to Mar 5, 2024
- Individual clients · 437 to 408Mar 21, 2023 to Mar 5, 2024
- Pension plan clients · 11 to 10Mar 21, 2023 to Mar 5, 2024
- Assets in custody · $335M to $450MMar 21, 2023 to Mar 5, 2024
- Financial planning clients · 101-250 to 251-500Mar 21, 2023 to Mar 5, 2024
Signals
2 dated events
- Jeremy Allen Schmidt left Marks Group Wealth Management, Inc. for Ameriprise Financial Services, Llc (registered 2025-02-28)Aug 5, 2024 · Advisor changed firm · fact
- Marks Group Wealth Management, Inc. reported RAUM $1.4B, up 27% from $1.1B (2020-08-12 to 2021-03-12)Mar 12, 2021 · RAUM change · derived
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
- Business email
- info@marksgroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- erica.lewerenz@marksgroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- sara.wright@marksgroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- jesse.gamble@marksgroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- nick.slettum@marksgroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- rachelm@marksgroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- jeremy.schmidt@marksgroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/MARKS-GROUP-WEALTH-MANAGEMENTreportedpublic record, Form ADV, Sep 18, 2026
- Website
- MARKSGROUP.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 952-582-6100reportedpublic record, Form ADV, Sep 14, 2026
- Team page
- marksgroup.com/who-we-arereportedpublished by the firm, firm site, Sep 15, 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
- $224Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026