The Marshall Financial Group, Inc (Doylestown)


The Marshall Financial Group, Inc is a large advisory firm based in Doylestown. It manages $582.5 million of regulatory assets for 1,476 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Connecticut, Delaware, and 10 other states.

The Marshall Financial Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Marshall Financial Group: assets under management

The assets under management (AUM) of The Marshall Financial Group, Inc is $582.5 million. The firm's AUM has grown by 165% since the beginning of its operation, and $967.98 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $573.53 million in discretionary accounts and $8.97 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $394.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $407.78 thousand.
The Marshall Financial Group has custody of $376.32 million in cash and securities for 361 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in state and local bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Marshall Financial Group, 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.

What kind of clients William Lawrence Marshall serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of William Lawrence Marshall is high net worth individuals with 180 clients and $468.02 million of assets under management. Among the 7 most similar advisory firms, The Marshall Financial Group has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $582.5 million for 514 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

The Marshall Financial Group doesn't advise any private funds.

Careers at The Marshall Financial Group, Inc

The company employs 17 people that are either part- or full-time employees. 59 percent of the employees work as investment advisers or researchers. 10 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.

William Lawrence Marshall has been acting as President since 1 Apr 2011. Adam Joseph Reinert joined the executive team most recently as the Chief Operations Officer / Chief Investment Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Wm. L. Marshall Companies Owner 1 May 1981 75% - 100% 23-2137935
Jeanne Ann Robinson Vice president/secretary 1 Jul 1993 Other 1576679
William Lawrence Marshall Trustee of william l. marshall trust u/d of edward r. marshall 1 Nov 1995 75% - 100% 320873
Brian Robert Price Trustee 1 Oct 1996 Other 6701131
Daniel David Cairns Chief financial officer 1 Sep 2002 Other 2672424
Donald Robert Scholz Vice president / chief investment officer 1 Jul 2005 Other 1400922
Kenny Brian Bauer Vice president 1 Jul 2005 Other 2861423
Russell Stuart Weiss Vice president 1 Jul 2008 Other 4366936
William Lawrence Marshall Director 1 Apr 2011 Other 320873
Jeanne Ann Robinson Ceo / president / chief operating officer / chief compliance officer 1 Apr 2011 Other 1576679
David Arden Emery Vice president 1 Aug 2011 Other 4587012
The Edward R. Marshall Trust Fbo William L. Marshall Owner 1 Jul 2016 Other 25-6639345
William L. Marshall Trust U/D Of William L. Marshall Shareholder 1 Jul 2016 75% - 100% xxx-xx-xxxx
William L. Marshall Trust U/D Of Edward R. Marshall Shareholder 1 Jul 2016 Other 25-6639345
Paula Cooper Nangle President and director 1 Oct 2016 Other 5269724
John Michael Maier Trustee of the marshall financial group employee stock ownership trust 1 Sep 2017 75% - 100% 2641627
Inc. Employee Stock Ownership Trust The Marshall Financial Group Shareholder 1 Oct 2017 75% - 100% 82-2843561
Martin Floyd Kurtz Director 1 Jul 2018 Other 1365246
Adam Joseph Reinert Chief operations officer / chief investment officer 1 Jan 2019 Other 5351183
Russell Stewart Weiss Chief planning officer 1 Jan 2019 Other 4366936

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
William Lawrence Marshall Trustee 1 Feb 1980 75% - 100% 320873
William Lawrence Marshall Director 1 May 1981 75% - 100% 320873
William L. Marshall Living Trust Owner 1 Jul 2016 75% - 100% xxx-xx-xxxx

Based in Doylestown

The principal office where The Marshall Financial Group, Inc performs its advisory services is located at 33 West Court Street, Doylestown, PA 18901, 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 (215) 348-9393 or by fax (215) 348-7971. 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 marshallfinancial.com and its LinkedIn profile.