Swmg, LLC (Fort Worth)


Swmg, LLC is a large advisory firm based in Fort Worth. It manages $110.58 million of regulatory assets for 1,215 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Texas.

Swmg provides financial planning services, portfolio management for individuals and small businesses, and consulting. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Swmg: assets under management

The assets under management (AUM) of Swmg, LLC is $110.58 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $110.58 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $91.01 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 71% of the total AUM. The second-largest asset type is investment and business development companies, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Swmg, 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.

What kind of clients Swmg serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Swmg is individuals with 125 clients and $57.46 million of assets under management. Among the 10 most similar advisory firms, Swmg has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $110.58 million for 234 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.

Swmg doesn't advise any private funds.

Careers at Swmg, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Joshua William Strittmatter Managing member and cco 1 Jan 2013 75% - 100% 4617567

Based in Fort Worth

The principal office where Swmg, LLC performs its advisory services is located at 101 Summit Avenue, Fort Worth, TX 76102, 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 817-210-3444 or by fax 866-563-6994. 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 strittmatterwealth.com.