Marks Wealth provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, philanthropic planning, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
Marks Wealth reports 283 clients. They include 151 individual clients and 132 high-net-worth individuals. Of its assets, 100.0% ($409M across 881 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 53% | 26% |
| High-net-worth individuals | 47% | 74% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 151 | $108M | 26.3% | $713K |
| High-net-worth individuals | 132 | $302M | 73.7% | $2.28M |
| Total | 283 | $409M | 100% | $1.45M |
- Clients
- 151
- Regulatory AUM
- $108M
- AUM share
- 26.3%
- Avg. per client
- $713K
- Clients
- 132
- Regulatory AUM
- $302M
- AUM share
- 73.7%
- Avg. per client
- $2.28M
Total
- Clients
- 283
- Regulatory AUM
- $409M
- AUM share
- 100%
- Avg. per client
- $1.45M
- 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
- 251–500
Marks Wealth charges 0.75%–2.50% a year for its Investment Management Services. The fee is billed in arrears and is negotiable.
Fee details and sources
Charles Marks owns 75% or more of Marks Wealth. The leadership team of Marks Wealth includes Chief Compliance Officer Charles Marks. It has 5 employees, 4 of them in advisory roles.
Leadership
- Charles MarksCEO / Managing Director / Chief Compliance Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 75% or more of Marks Wealth, LLC
Charles Marks
Control person · since September 2020
Marks Wealth’s regulatory assets grew from $320M (July 2021) to $409M (August 2026); clients rose from 216 to 283 and employees from 3 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $409M | 283 | 5 | 1 |
| April 2025 | $383M | 276 | 5 | 1 |
| May 2024 | $383M | 274 | 7 | 1 |
| June 2023 | $344M | 252 | 3 | 1 |
| July 2022 | $350M | 768 | 3 | 1 |
| July 2021 | $320M | 216 | 3 | 1 |
Besides its headquarters, Marks Wealth has 0 offices, with 1 listed address in Maryland.
Maryland · 1 listed address
- 11690 Frederick RD, Ellicott CityHQ
Other business names
Marks Wealth has reported 1 other business name to the SEC.
- Marks Wealth Management
Contact and registration details
- Legal name
- Marks Wealth, LLC
- Headquarters
- 11690 Frederick RD, Ellicott City, MD 21042
- Website
- markswealth.com
- Phone
- 410-934-1199
- SEC file
- 801-119442
- Structure
- Delaware LLC
- Fiscal year end
- December
Marks Wealth uses Charles Schwab ($407M) as custodian for its separately managed accounts. Marks Wealth does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $407M100%
At year end, Marks Wealth’s separately managed accounts were mostly in funds (70%) and cash (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $462M across 19 positions; the largest are iShares TR (23.4%), iShares TR (18.1%) and Vanguard World FD (12.2%).
What the accounts hold
- Stocks4%
- Funds70%
- Registered funds69%
- Pooled vehicles1%
- Bonds2%
- Cash24%
Reported 13F holdings
- $462M
- Reported 13F value
- 19
- Positions
- 99.2%
- In the 10 largest
- +21.5%
- Value vs. prior quarter
- iShares TR · MSCI USA Value23.4%
- iShares TR · Trust Ishare 0-118.1%
- Vanguard World FD · Inf Tech ETF12.2%
- Vanguard Scottsdale Fds · Shrt Trm Corp. BD9.7%
- Invesco Exch Traded FD TR II · S&P 500 Momntm8.4%
- iShares TR · iShares Semicdtr6.8%
- Invesco Exch Traded FD TR II · Kbw BK ETF6.8%
- Vanguard World FD · Industrial ETF6.5%
- First TR Exchange-traded FD · Nasdaq Cyb ETF4.4%
- iShares Inc. · Core MSCI Emkt3.1%
Together, the ten largest are 99.2% of reported value.
How many clients does Marks Wealth have?
Marks Wealth has 283 clients and manages $409 million for them, as of August 2026. They include 151 individual clients and 132 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 August 2026
What services does Marks Wealth offer?
Marks Wealth provides financial planning, portfolio management for individuals and small businesses, 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
How much does Marks Wealth charge?
Marks Wealth charges 0.75%–2.50% a year for its Investment Management Services. The fee is billed in arrears and is negotiable.
Source: ADV PART 2A - MARKS WEALTH MANAGEMENT, filed 26 February 2026
Which custodians does Marks Wealth use?
Marks Wealth’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $407M. 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 August 2026
How many financial advisors does Marks Wealth have?
Marks Wealth has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Marks Wealth invest in?
At the end of its last fiscal year, Marks Wealth’s separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs), 24% cash and equivalents, 4% exchange-traded equities, 2% U.S. government and agency bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Marks Wealth?
Marks Wealth’s direct owner is Charles Marks (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 20 August 2026
How does Marks Wealth get paid?
Marks Wealth is paid through a percentage of assets under management. 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
How do I contact Marks Wealth?
Marks Wealth’s main office is at 11690 Frederick RD, Ellicott City, MD 21042. Its phone number is 410-934-1199. Its website is markswealth.com.