Munn Wealth Management, LLC (Maumee)

Name: Munn Wealth Management, LLC
Address: 1700 Woodlands Drive, Maumee, OH, 43537
Telephone: 419-794-0536

Munn Wealth Management, LLC is a large advisory firm based in Maumee. It manages $134.95 million of regulatory assets for 845 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, Michigan, and Ohio.

Munn Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Munn Wealth Management: assets under management

The assets under management (AUM) of Munn Wealth Management, LLC is $134.95 million. The firm's AUM has gone down by -35% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $131.42 million in discretionary accounts and $3.53 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $158.34 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $235.57 thousand.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Munn Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients David Eldon Munn serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of David Eldon Munn is individuals with 580 clients and $74.95 million of assets under management. Among the 12 most similar advisory firms, Munn Wealth Management has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $134.95 million for 615 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.

Munn Wealth Management doesn't advise any private funds.

Careers at Munn Wealth Management, LLC

The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Munn Wealth Management, LLC is owned by Darren Thaddaeus Munn. David Eldon Munn has been acting as President since 1 Dec 2016. James P Ruyle joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Darren Thaddaeus Munn	Owner	1 Mar 2015	75% - 100%	3100611
Sarah Jane Berndt	Owner	1 Mar 2015	Other	1264410
Jennifer L Rogers	Chief compliance officer	1 Mar 2015	Other	4656645
Ruyle Family Irrevocable Trust	Trust	1 Mar 2015	Other	45-6328048
Ashleigh Cooper Swayze	Chief compliance officer	1 Mar 2015	Other	4632543
James P Ruyle	Owner	1 Apr 2015	Other	5011531
David Eldon Munn	President	1 Dec 2016	Other	5707262

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Wynkoop	Trustee	1 Jul 2011	Other	6288342

Based in Maumee

The principal office where Munn Wealth Management, LLC performs its advisory services is located at 1700 Woodlands Drive, Maumee, OH 43537, 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 419-794-0536. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at munnwealth.com/ and its LinkedIn profile.