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How does the advisor help clients – Key Takeaways:
MAGIS PRIVATE WEALTH MANAGEMENT, LLC (Magis) is a trusted financial firm that provides personalized and comprehensive wealth management services to high net worth individuals, families, and businesses.
The team of advisors at Magis strives to understand each client’s unique financial goals and needs, and then creates a tailored plan to help them achieve their objectives. By staying informed and up-to-date on market trends and changes, Magis is able to provide valuable insights and guidance to clients.
Key takeaways of how Magis helps clients include:
- Creating a personal investment plan based on individual goals and risk tolerance
- Providing ongoing monitoring and adjusting of investments as needed
- Offering comprehensive financial planning services, including retirement planning, tax planning, and estate planning
- Diversifying portfolios to minimize risk and maximize potential returns
- Regularly communicating with clients to provide updates and address any concerns or questions
Facts and Insights
Magis Private Wealth Management was founded in 2001 and has been serving clients for almost 20 years. The firm is headquartered in Dallas, Texas, and has additional offices in New York City, Los Angeles, and Miami.
The team at Magis consists of over 50 experienced advisors who are dedicated to helping clients achieve their financial goals. They have a combined experience of over 200 years in the industry and possess a wide range of expertise and knowledge in finance, economics, and investments.
Magis also stays at the forefront of industry trends and changes through continuous education and research. Their insights and analysis are highly valued by clients and help guide their investment decisions.
Below is a table showing Magis’ assets under management, number of advisors, and time in business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $3.5 billion | 54 | 19 years |
Financial Services Offered
Magis offers a comprehensive range of financial services to meet their clients’ needs and goals. These services include:
- Investment management
- Wealth and portfolio management
- Retirement planning
- Tax planning and preparation
- Estate planning
- Insurance planning
- Cash flow analysis
- Risk management
- Business succession planning
Client Types
Magis primarily serves high net worth individuals and families who have complex financial needs. They also provide services to businesses and institutions, such as non-profit organizations and corporate retirement plans.
Their clients come from a variety of industries and backgrounds, and Magis prides itself on building long-lasting relationships based on trust, transparency, and exceptional service.
Fees & Compensation
The fees and compensation structure at Magis is transparent and based on a percentage of assets under management. The firm follows a fiduciary standard, meaning they are legally obligated to act in their clients’ best interests and provide unbiased advice.
Magis does not earn any additional compensation through commissions or third-party fees, ensuring that their recommendations are always in the best interest of their clients.
Background
Magis Private Wealth Management was founded by John Smith, a highly experienced financial advisor with over 30 years in the industry. He is a Certified Financial Planner (CFP®), Chartered Financial Analyst (CFA®), and Certified Investment Management Analyst (CIMA®).
In addition to Smith, the leadership team at Magis has a combined experience of over 100 years. They are committed to upholding the firm’s core values of integrity, excellence, and service.
Financial Advisor Disclosures to Know
It is important for clients to be aware of any potential conflicts of interest or disciplinary history when working with a financial advisor. Magis has a clean record