Mader & Shannon Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, insurance, and retirement plan services. Financial planning was provided to 11–25 clients last fiscal year.
Mader & Shannon Wealth Management reports 375 clients. They include 255 individual clients, 84 high-net-worth individuals, and 16 pension and profit-sharing plans. Of its assets, 100.0% ($269M across 863 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 68% | 23% |
| High-net-worth individuals | 22% | 67% |
| Pension and profit-sharing plans | 4% | 6% |
| Charitable organizations | Fewer than 5 | <1% |
| Other investment advisers | 3% | 3% |
| Other client typesCorporations and other businesses | 2% | 1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 255 | $61.7M | 22.9% | $242K |
| High-net-worth individuals | 84 | $180M | 66.8% | $2.14M |
| Pension and profit-sharing plans | 16 | $16.2M | 6.0% | $1.01M |
| Charitable organizations | Fewer than 5 | $1.13M | 0.4% | — |
| Other investment advisers | 12 | $7.46M | 2.8% | $622K |
| Corporations and other businesses | 8 | $2.93M | 1.1% | $367K |
| Total | 375 | $269M | 100% | — |
- Clients
- 255
- Regulatory AUM
- $61.7M
- AUM share
- 22.9%
- Avg. per client
- $242K
- Clients
- 84
- Regulatory AUM
- $180M
- AUM share
- 66.8%
- Avg. per client
- $2.14M
- Clients
- 16
- Regulatory AUM
- $16.2M
- AUM share
- 6.0%
- Avg. per client
- $1.01M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.13M
- AUM share
- 0.4%
- Avg. per client
- —
- Clients
- 12
- Regulatory AUM
- $7.46M
- AUM share
- 2.8%
- Avg. per client
- $622K
- Clients
- 8
- Regulatory AUM
- $2.93M
- AUM share
- 1.1%
- Avg. per client
- $367K
Total
- Clients
- 375
- Regulatory AUM
- $269M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Mader & Shannon Wealth Management charges 0.60%–1.00% for its Asset Management. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Rate (period not stated) |
|---|---|
| $0–$1M | 1.00% |
| $1M–$2M | 0.80% |
| $2M and above | 0.60% |
Fee details and sources
Other fees
- Financial Planning and Consulting
- Fee-only financial planning or advisory services range from $125 to $250 per hour, or a fixed flat fee for some predetermined services.
Bret Guillaume owns 75% or more of Mader & Shannon Wealth Management. The leadership team of Mader & Shannon Wealth Management includes President Bret Guillaume. It has 10 employees, 9 of them in advisory roles.
Leadership
- Bret GuillaumePresident and Chief Compliance Officer
- James MaderChairman and CEO
- Kyle SandersPortfolio Manager
Investment adviser representatives
8 representatives listed in the SEC register as of 9 October 2026.
- Michael Lynn Batsell
- Bret A. Guillaume
- Daniel Bruce Kennedy
- Leann Knuth
- James W Mader
- John Russell Martin
- Kyle Andrew Sanders
- Matthew William Stevens
Staff
- 10 employees
- 9 in advisory functions
- 9 state-registered reps
- 1 broker-dealer rep
- 3 insurance agents
- 2 soliciting firms
- Owns 75% or more of Mader & Shannon Wealth Management, Inc.
Bret Guillaume
Control person · since April 2005
- Owns 10% to 25% of Mader & Shannon Wealth Management, Inc.
Kyle Sanders
Control person · since January 2017
Mader & Shannon Wealth Management’s regulatory assets grew from $203M (March 2021) to $269M (August 2026); clients were 375 in both filings and employees fell from 11 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $269M | 375 | 10 | 3 |
| February 2025 | $221M | 390 | 10 | 3 |
| March 2024 | $229M | 390 | 10 | 3 |
| February 2023 | $215M | 392 | 11 | 4 |
| March 2022 | $236M | 394 | 11 | 4 |
| March 2021 | $203M | 371 | 11 | 4 |
Besides its headquarters, Mader & Shannon Wealth Management has 2 offices (2 private residences, listed without an address), with 1 listed address in Missouri.
Missouri · 1 listed address
- 4717 Grand Ave., Ste 800, Kansas CityHQ
Contact and registration details
- Legal name
- Mader & Shannon Wealth Management, Inc.
- Headquarters
- 4717 Grand Ave., Ste 800, Kansas City, MO 64112
- Website
- madershannon.com
- Phone
- 816-751-0585
- SEC file
- 801-67482
- Founded
- 2005
- Structure
- Missouri corporation
- Fiscal year end
- December
Mader & Shannon Wealth Management uses Charles Schwab ($269M) as custodian for its separately managed accounts. Mader & Shannon Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $269M100%
At year end, Mader & Shannon Wealth Management’s separately managed accounts were mostly in funds (64%) and stocks (30%). Its reported 13F holdings for the quarter ended 30 June 2026 total $214M across 21 positions; the largest are iShares TR (15.8%), iShares Gold TR (11.8%) and SPDR Gold TR (11.7%).
What the accounts hold
- Stocks30%
- Funds64%
- Bonds4%
- Cash2%
Reported 13F holdings
- $214M
- Reported 13F value
- 21
- Positions
- 78.5%
- In the 10 largest
- −0.9%
- Value vs. prior quarter
- iShares TR · 0-3 Mth Treasury15.8%
- iShares Gold TR · iShares New11.8%
- SPDR Gold TR · Gold Shs11.7%
- iShares TR · 1 3 YR Treas BD9.7%
- Invesco Exch Traded FD TR II · Var Rate Pfd8.2%
- Knight-swift Transn Hldgs IN · CL A6.2%
- Thermo Fisher Scientific Inc.4.3%
- iShares TR · Trust Ishare 0-14.0%
- Martin Marietta Matls Inc.3.7%
- Vaneck ETF Trust · Gold Miners ETF3.1%
Together, the ten largest are 78.5% of reported value.
How many clients does Mader & Shannon Wealth Management have?
Mader & Shannon Wealth Management has 375 clients and manages $269 million for them, as of August 2026. They include 255 individual clients, 84 high-net-worth individuals, and 16 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 August 2026
What services does Mader & Shannon Wealth Management offer?
Mader & Shannon Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, insurance, and retirement plan services.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Mader & Shannon Wealth Management charge?
Mader & Shannon Wealth Management charges 0.60%–1.00% for its Asset Management. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: MADER & SHANNON WEALTH MANAGEMENT, INC. ADV PART 2, filed 12 February 2026
Which custodians does Mader & Shannon Wealth Management use?
Mader & Shannon Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $269M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 August 2026
How many financial advisors does Mader & Shannon Wealth Management have?
Mader & Shannon Wealth Management has 9 investment adviser representatives registered with state securities authorities, out of 10 employees, and 9 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 3 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
What does Mader & Shannon Wealth Management invest in?
At the end of its last fiscal year, Mader & Shannon Wealth Management’s separately managed accounts held 64% registered funds (mutual funds, ETFs, BDCs), 30% exchange-traded equities, 4% U.S. government and agency bonds and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Mader & Shannon Wealth Management?
Mader & Shannon Wealth Management’s direct owners are Bret Guillaume (75% or more) and Kyle Sanders (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 17 August 2026
How does Mader & Shannon Wealth Management get paid?
Mader & Shannon Wealth Management is paid through a percentage of assets under management and hourly charges. 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
Is Mader & Shannon Wealth Management registered with the SEC?
Yes, Mader & Shannon Wealth Management has been registered with the SEC as an investment adviser since 12 January 2007. Its CRD number is 123741 and its SEC file number is 801-67482.
Source: Form ADV Part 1A, Item 1, filed 17 August 2026; IAPD firm record
How do I contact Mader & Shannon Wealth Management?
Mader & Shannon Wealth Management’s main office is at 4717 Grand Ave., Ste 800, Kansas City, MO 64112. Its phone number is 816-751-0585. Its website is madershannon.com.