Mtx Wealth Management, LLC is a large advisory firm based in Reston. It manages $427.76 million of regulatory assets for 969 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arizona, California, Florida, and 3 other states.
Mtx Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mtx Wealth Management, LLC is $427.76 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 35% since the beginning of its operation, and $11.21 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Mtx Wealth Management, LLC for their services and products based on a percentage of assets under management 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 Mtx Wealth Management is high net worth individuals with 48 clients and $407.43 million of assets under management. Among the 7 most similar advisory firms, Mtx Wealth Management has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $419.95 million for 79 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.
Mtx Wealth Management doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 4 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.
Bradley Jon Smith has served as the Chief Investment Officer since 1 Nov 2010. Matthew A Ramos joined the executive team most recently as the Chief Operating Officer.
The principal office where Mtx Wealth Management, LLC performs its advisory services is located at 11710 Plaza America Drive, Reston, VA 20190, 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 571-665-5270 or by fax 571-313-1366. The normal business hours are 8:30am to 5:30pm on Monday - Friday. You can find more information about the New York firm at mtxwealth.com.