Mwa Financial Services, Inc. is a multi-state adviser based in Rock Island. It manages $20.47 million of regulatory assets for 124 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, Arizona, California, and 25 other states.
Mwa Financial Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mwa Financial Services, Inc. is $20.47 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Mwa Financial Services, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and corporations or other businesses. The largest group of clients of Darcy Ann Callas is individuals with 121 clients and $18.64 million of assets under management. Among the 3 most similar advisory firms, Mwa Financial Services has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $20.47 million for 124 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.
Mwa Financial Services doesn't advise any private funds.
The company employs 718 people that are either part- or full-time employees. 5 percent of the employees work as investment advisers or researchers. 49 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 receive compensation from other entities for client referrals.
Darcy Ann Callas has been acting as President since 1 Apr 2006. Lester Lee Bohnert joined the executive team most recently as the Director.
The principal office where Mwa Financial Services, Inc. performs its advisory services is located at 1701 1 St Avenue, Rock Island, IL 61204 4116, which is also the mailing address of the firm. An additional office of the firm is in Ft. Myers, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 309-558-3100 or by fax 309-558-3150. The normal business hours are 8:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at modern-woodmen.org.