MD Wealth Advisors provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 26–50 clients last fiscal year.
MD Wealth Advisors reports 184 clients. They include 82 individual clients, 81 high-net-worth individuals, and 13 corporations and other businesses. Of its assets, 100.0% ($105M across 396 accounts) are managed with discretion. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 45% | 11% |
| High-net-worth individuals | 44% | 76% |
| Pension and profit-sharing plans | 4% | 7% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 7% | 7% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 82 | $11.3M | 10.7% | $137K |
| High-net-worth individuals | 81 | $79.9M | 75.9% | $986K |
| Pension and profit-sharing plans | 7 | $6.86M | 6.5% | $980K |
| Charitable organizations | Fewer than 5 | $319K | 0.3% | $319K |
| Corporations and other businesses | 13 | $6.87M | 6.5% | $529K |
| Total | 184 | $105M | 100% | — |
- Clients
- 82
- Regulatory AUM
- $11.3M
- AUM share
- 10.7%
- Avg. per client
- $137K
- Clients
- 81
- Regulatory AUM
- $79.9M
- AUM share
- 75.9%
- Avg. per client
- $986K
- Clients
- 7
- Regulatory AUM
- $6.86M
- AUM share
- 6.5%
- Avg. per client
- $980K
- Clients
- Fewer than 5
- Regulatory AUM
- $319K
- AUM share
- 0.3%
- Avg. per client
- $319K
- Clients
- 13
- Regulatory AUM
- $6.87M
- AUM share
- 6.5%
- Avg. per client
- $529K
Total
- Clients
- 184
- Regulatory AUM
- $105M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
MD Wealth Advisors charges 0.50%–1.25% for its Investment Management Services. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Holistic Wealth Planning
- Holistic wealth planning is a flat annual fee of $5,000 to $50,000, negotiable and paid quarterly in arrears.
- Hourly Engagement
- Hourly engagements are offered at $250 per hour, which may be negotiable in certain cases, and are due at completion.
- Retirement Plan Advisory Services
- Retirement plan advisory fees are 0.25% to 1.5% of plan assets a year, negotiable and paid quarterly in arrears.
Mohit Desai owns 75% or more of MD Wealth Advisors. The leadership team of MD Wealth Advisors includes Chief Compliance Officer Mohit Desai. It has 1 employee.
Leadership
- Mohit DesaiOwner/Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- 1 insurance agent
- Owns 75% or more of MD Wealth Advisors Inc
Mohit Desai
Control person · since May 2019
Besides its headquarters, MD Wealth Advisors has 1 office, with 2 listed addresses in New Jersey.
New Jersey · 2 listed addresses
- 20 Commerce Drive, Suite 135, CranfordHQ
- 140 East Ridgewood Ave, Paramus
Contact and registration details
- Legal name
- MD Wealth Advisors Inc
- Headquarters
- 20 Commerce Drive, Suite 135, Cranford, NJ 07016
- Website
- mdwealthinc.com
- Phone
- 908-440-0811
- @64659138
- SEC file
- 801-135977
- Structure
- New Jersey corporation
- Fiscal year end
- December
MD Wealth Advisors uses Charles Schwab ($105M) as custodian for its separately managed accounts. MD Wealth Advisors does not have custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- Charles SchwabCharles Schwab & Co., Inc. · Orlando, FL · $105M100%
At year end, MD Wealth Advisors’ separately managed accounts were mostly in stocks (67%) and bonds (20%).
What the accounts hold
- Stocks67%
- Bonds20%
- U.S. government and agency bonds12%
- Investment grade corporate bonds6%
- State and local bonds2%
- Cash13%
How many clients does MD Wealth Advisors have?
MD Wealth Advisors has 184 clients and manages $105 million for them, as of April 2026. They include 82 individual clients, 81 high-net-worth individuals, and 13 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 8 April 2026
What services does MD Wealth Advisors offer?
MD Wealth Advisors provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does MD Wealth Advisors charge?
MD Wealth Advisors charges 0.50%–1.25% for its Investment Management Services. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.
Which custodians does MD Wealth Advisors use?
MD Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Orlando, FL), with $105M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 April 2026
How many financial advisors does MD Wealth Advisors have?
MD Wealth Advisors has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does MD Wealth Advisors invest in?
At the end of its last fiscal year, MD Wealth Advisors’ separately managed accounts held 67% exchange-traded equities, 13% cash and equivalents, 12% U.S. government and agency bonds, 6% investment grade corporate bonds and 2% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns MD Wealth Advisors?
MD Wealth Advisors’ direct owner is Mohit Desai (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 8 April 2026
How does MD Wealth Advisors get paid?
MD Wealth Advisors is paid through a percentage of assets under management, hourly charges, fixed fees and commissions. Its Form ADV lists no 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 MD Wealth Advisors?
MD Wealth Advisors’ main office is at 20 Commerce Drive, Suite 135, Cranford, NJ 07016. Its phone number is 908-440-0811. Its website is mdwealthinc.com.