MLG Fund Manager provides portfolio management for pooled vehicles. The firm advises 1 private fund.
MLG Fund Manager reports 2 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($144M across 2 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 2 | $144M | 100.0% | $71.8M |
| Total | 2 | $144M | 100% | $71.8M |
- Clients
- 2
- Regulatory AUM
- $144M
- AUM share
- 100.0%
- Avg. per client
- $71.8M
Total
- Clients
- 2
- Regulatory AUM
- $144M
- AUM share
- 100%
- Avg. per client
- $71.8M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
MLG Fund Manager is paid through a percentage of assets under management, performance-based fees and other compensation; its fees and minimums are set out in its brochures on the SEC website.
MLG Holding Company LLC owns 75% or more of MLG Fund Manager and is in turn owned by MLG Legacy Companies, LLC (75% or more). Timothy Wallen is CEO; the leadership team includes President Barry Chavin, Chief Investment Officer Daniel Price and Chief Financial Officer Michael Jagodinski. It has 95 employees, 29 of them in advisory roles.
Leadership
- Timothy WallenChief Executive Officer, Director
- Barry ChavinExecutive Vice President, Director
- William FoxPresident, Director
- Ryan MuellerExecutive Vice President, Director
- James MuellerGeneral Counsel, Senior Vice President
- Daniel PriceChief Investment Officer, Executive Vice President, Director
- Richard ReuterExecutive Vice President, Director
- Michael JagodinskiChief Financial Officer, Director
- Kelly WhetstoneChief Compliance Officer and Associate General Counsel
Staff
- 95 employees
- 29 in advisory functions
- 17 broker-dealer reps
- Owns 75% or more of MLG Fund Manager LLC
MLG Holding Company LLC
Control person · since November 2019
- Owns 75% or more of MLG Holding Company LLC
MLG Legacy Companies, LLC
Control person · since September 2021
- Owns 50% to 75% of MLG Legacy Companies, LLC
Julie S. and Timothy J. Joint Revocable Trust
Control person · since September 2021
Julie Wallen
Grantor and trustee · Control person · since September 2021
- Owns 25% to 50% of MLG Legacy Companies, LLC
Wallen Family Investments, LLC
Control person · since September 2021
- Owns 25% to 50% of Wallen Family Investments, LLC
MLG Wallen Family Legacy Trust
Control person · since September 2021
- Owns 75% or more of MLG Wallen Family Legacy Trust
Timothy Wallen
Control person · since September 2021
Natalie Gilsinger
Trustee · Control person · since September 2021
MLG Capital Interest Trust
Voting member · Control person · since September 2021
MLG Fund Manager’s regulatory assets grew Infinity× from $0 (April 2025) to $144M (March 2026); employees rose from 90 to 95.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $144M | 2 | 95 | 1 |
| April 2025 | $0 | 0 | 90 | 1 |
Besides its headquarters, MLG Fund Manager has 0 offices, with 1 listed address in Wisconsin.
Wisconsin · 1 listed address
- 19000 W Bluemound Road, BrookfieldHQ
Contact and registration details
- Legal name
- MLG Fund Manager LLC
- Headquarters
- 19000 W Bluemound Road, Brookfield, WI 53045
- Website
- mlgcapital.com
- Phone
- 262-797-9400
- SEC file
- 801-132762
- Structure
- Wisconsin LLC
- Fiscal year end
- December
MLG Fund Manager has custody of $144M in client assets for 2 clients.
How many clients does MLG Fund Manager have?
MLG Fund Manager has 2 clients and manages $144 million for them, as of March 2026. They include 2 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 March 2026
What services does MLG Fund Manager offer?
MLG Fund Manager provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does MLG Fund Manager have?
MLG Fund Manager has 0 investment adviser representatives registered with state securities authorities, out of 95 employees, and 29 perform investment advisory functions. 17 employees are registered representatives of a broker-dealer and 0 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
Who owns MLG Fund Manager?
MLG Fund Manager is owned through a chain of holding companies by Timothy Wallen. Its direct owner is MLG Holding Company LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 13 March 2026
How does MLG Fund Manager get paid?
MLG Fund Manager is paid through a percentage of assets under management, performance-based fees and other compensation. Its Form ADV lists no commissions 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 MLG Fund Manager?
MLG Fund Manager’s main office is at 19000 W Bluemound Road, Brookfield, WI 53045. Its phone number is 262-797-9400. Its website is mlgcapital.com.