Mcmill Wealth Inc is a large advisory firm based in Norfolk. It manages $302.39 million of regulatory assets for 3,317 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Colorado, and 7 other states.
Mcmill Wealth provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mcmill Wealth Inc is $302.39 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -6% 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 Mcmill Wealth Inc 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, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jared Matthew Faltys is high net worth individuals with 847 clients and $175.96 million of assets under management. Among the 6 most similar advisory firms, Mcmill Wealth has the 2nd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $302.39 million for 3,117 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.
Mcmill Wealth doesn't advise any private funds.
The company employs 50 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. 15 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone 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.
Jared Matthew Faltys has been acting as President since 1 Jan 2009. Clint Andrew Weeder joined the executive team most recently as the Partner.
The principal office where Mcmill Wealth Inc performs its advisory services is located at 125 South 4 Th Street, Norfolk, NE 68701 The mailing address of the firm is P.O. Box 1264, Norfolk, NE 68702 1264. An additional office of the firm is in Omaha, NE. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 402-371-1160 or by fax 402-379-3818. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at wealthfirm.info.