SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Magnus Financial Group LLC
New York, NY
CRD 289423
Firm filing updated March 31, 2026 ·
- $2.3BAssets
- 15Advisory staff
- 4,782Accounts
Fees and minimums
- Hourly feesAsk the firm for the rate
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesYes
- Fixed feesYes
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals739
- High net worth individuals375
- Corporations or other businesses44
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 739 | $383.7 million |
| High net worth individuals | 375 | $1.8 billion |
| Charitable organizations | Fewer than 5 clients | $14.6 million |
| Corporations or other businesses not listed above | 44 | $144.7 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
See all 6 services
- Selection of other advisors (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisors (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops
Assets and accounts
- Regulatory assets$2.3 billion
- Accounts4,782
- Discretionary$2.2 billion · 4,401 accounts
- Non-discretionary$132.5 million · 381 accounts
People
- Employees24
- Advisory staff15
- Broker-dealer reps0
- Licensed insurance agents11
- Planning clients1,000
Advisors
6 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 289423, SEC file 801-111093.
- Registered with the SEC as an investment advisor (status date on record: September 4, 2017).
Is Magnus Financial Group LLC a fiduciary?
Short answer: Magnus Financial Group LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
11 staff are licensed insurance agents.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.