MFG Investments provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars. Financial planning was provided to 1–10 clients last fiscal year.
MFG Investments reports 344 clients. They include 292 individual clients and 52 high-net-worth individuals. Of its assets, 100.0% ($146M across 515 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 85% | 85% |
| High-net-worth individuals | 15% | 15% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 292 | $124M | 84.9% | $426K |
| High-net-worth individuals | 52 | $22.1M | 15.1% | $425K |
| Total | 344 | $146M | 100% | $426K |
- Clients
- 292
- Regulatory AUM
- $124M
- AUM share
- 84.9%
- Avg. per client
- $426K
- Clients
- 52
- Regulatory AUM
- $22.1M
- AUM share
- 15.1%
- Avg. per client
- $425K
Total
- Clients
- 344
- Regulatory AUM
- $146M
- AUM share
- 100%
- Avg. per client
- $426K
- 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
- 1–10
MFG Investments charges up to 1.50% a year for its Portfolio Management Services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Financial planning and single-subject consulting carry a negotiable fee set by the scope and complexity of the plan, payable quarterly.
Wallace Kennedy owns 50% to 75% of MFG Investments. The leadership team of MFG Investments includes President Wallace Kennedy. It has 5 employees.
Leadership
Wallace KennedyManaging Member , President and Chief Compliance Officer
Kevin KennedyOwner/Investment Adviser Representative
Austin KennedyOwner/Investment Adviser Representative- Kathleen KennedyAdmin/Owner
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 5 in advisory functions
- 5 state-registered reps
- 5 broker-dealer reps
- 5 insurance agents
- Owns 50% to 75% of MFG Investments, LLC
Wallace Kennedy
Control person · since March 2021
- Owns 10% to 25% of MFG Investments, LLC
Kathleen Kennedy
since January 2003
- Owns 10% to 25% of MFG Investments, LLC
Austin Kennedy
since November 2023
- Owns 10% to 25% of MFG Investments, LLC
Kevin Kennedy
since November 2023
MFG Investments’ regulatory assets grew from $121M (April 2025) to $146M (April 2026); clients were 344 in both filings and employees fell from 6 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $146M | 344 | 5 | 2 |
| April 2025 | $121M | 330 | 6 | 2 |
Besides its headquarters, MFG Investments has 1 office, with 2 listed addresses in Delaware and New Jersey.
Delaware · 1 listed address
- 21 Village Green Drive, Oceanview
New Jersey · 1 listed address
- 150 Himmelein Road, Ste 9, MedfordHQ
Contact and registration details
- Legal name
- MFG Investments, LLC
- Headquarters
- 150 Himmelein Road, Ste 9, Medford, NJ 08055
- Website
- mfginvestments.com
- Phone
- 609-714-0546
- SEC file
- 801-132877
- Structure
- New Jersey LLC
- Fiscal year end
- December
MFG Investments uses Fidelity ($147M) as custodian for its separately managed accounts. MFG Investments does not have custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- FidelityFidelity Distributors Company LLC · Smithfield, RI · $147M100%
At year end, MFG Investments’ separately managed accounts were mostly in stocks (60%) and funds (20%).
What the accounts hold
- Stocks60%
- Funds20%
- Bonds7%
- Cash13%
How many clients does MFG Investments have?
MFG Investments has 344 clients and manages $146 million for them, as of April 2026. They include 292 individual clients and 52 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 21 April 2026
What services does MFG Investments offer?
MFG Investments provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does MFG Investments charge?
MFG Investments charges up to 1.50% a year for its Portfolio Management Services. The fee is billed in advance and is negotiable.
Which custodians does MFG Investments use?
MFG Investments’ separately managed account assets are held at Fidelity Distributors Company LLC (Smithfield, RI), with $147M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 April 2026
How many financial advisors does MFG Investments have?
MFG Investments has 5 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 perform investment advisory functions. 5 employees are registered representatives of a broker-dealer and 5 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 MFG Investments invest in?
At the end of its last fiscal year, MFG Investments’ separately managed accounts held 60% exchange-traded equities, 20% registered funds (mutual funds, ETFs, BDCs), 13% cash and equivalents and 7% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns MFG Investments?
MFG Investments’ direct owners are Wallace Kennedy (50% to 75%), Kathleen Kennedy (10% to 25%), Austin Kennedy (10% to 25%) and Kevin Kennedy (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 21 April 2026
How does MFG Investments get paid?
MFG Investments 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
How do I contact MFG Investments?
MFG Investments’ main office is at 150 Himmelein Road, Ste 9, Medford, NJ 08055. Its phone number is 609-714-0546. Its website is mfginvestments.com.