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They include 610 individual clients, 404 high-net-worth individuals and 2 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does KWMG offer?","answer":"KWMG provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, educational seminars, education planning, estate planning, insurance, philanthropic planning, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does KWMG charge?","answer":"KWMG charges up to 2.00% a year for its Wrap Comprehensive Portfolio Management. The fee is billed in advance.","source":"FORM ADV PART 2A - APPENDIX 1: WRAP FEE PROGRAM BROCHURE, filed 20 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does KWMG use?","answer":"KWMG’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.23B. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does KWMG have?","answer":"KWMG has 18 investment adviser representatives registered with state securities authorities, out of 30 employees, and 30 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does KWMG invest in?","answer":"At the end of its last fiscal year, KWMG’s separately managed accounts held 64% registered funds (mutual funds, ETFs, BDCs), 32% exchange-traded equities and 4% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns KWMG?","answer":"KWMG is owned through a chain of holding companies by Matthew Wilson and William Keen. Its direct owners are Kwa Holdings, LLC (75% or more) and MDW Holdings, LLC (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does KWMG get paid?","answer":"KWMG is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is KWMG registered with the SEC?","answer":"Yes, KWMG has been registered with the SEC as an investment adviser since 23 May 2014. 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