{"url":"https://nivawealth.com/firms/mlg-fund-manager-335692","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/335692","regulatoryAum":143562286,"crd":"335692","history":[{"filedOn":"2025-04-25","regulatoryAum":0,"clients":0,"employees":90,"offices":1},{"filedOn":"2026-03-13","regulatoryAum":143562286,"clients":2,"employees":95,"offices":1}],"secFileNumber":"801-132762","legalName":"MLG Fund Manager LLC","displayName":"MLG Fund Manager","slug":"mlg-fund-manager-335692","website":"https://mlgcapital.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Wisconsin limited liability company","fiscalYearEnd":"December","headquarters":{"street":"19000 W Bluemound Road","city":"Brookfield","state":"WI","stateName":"Wisconsin","country":"United States","postalCode":"53045"},"tradeNames":[],"registration":{"secApproved":"12 May 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":95,"advisory":29,"brokerDealerReps":17,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":143562286,"discretionary":143562286,"discretionaryAccounts":2,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":2,"regulatoryAum":143562286}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"MLG Fund Manager has custody of $144M in client assets for 2 clients.","otherCustodians":[],"leadership":[{"name":"Timothy Wallen","title":"Chief Executive Officer, Director","crd":"2820699"},{"name":"Barry Chavin","title":"Executive Vice President, Director","crd":"8073715"},{"name":"William Fox","title":"President, Director","crd":"8073713"},{"name":"Ryan Mueller","title":"Executive Vice President, Director","crd":"8073723"},{"name":"James Mueller","title":"General Counsel, Senior Vice President","crd":"8073686"},{"name":"Daniel Price","title":"Chief Investment Officer, Executive Vice President, Director","crd":"8073717"},{"name":"Richard Reuter","title":"Executive Vice President, Director","crd":"8073724"},{"name":"Michael Jagodinski","title":"Chief Financial Officer, Director","crd":"8073711"},{"name":"Kelly Whetstone","title":"Chief Compliance Officer and Associate General Counsel","crd":"5380134"}],"ownership":[{"label":"MLG Holding Company LLC","detail":"Sole member in the 75% or more ownership band and a control person, since November 2019."},{"label":"MLG Legacy Companies, LLC","detail":"Indirect owner: a sole member of MLG Holding Company LLC in the 75% or more band and a control person, since September 2021.","parent":"MLG Holding Company LLC"},{"label":"Wallen Family Investments, LLC","detail":"Indirect owner: a non-voting member of MLG Legacy Companies, LLC in the 25% to 50% band and a control person, since September 2021.","parent":"MLG Legacy Companies, LLC"},{"label":"MLG Wallen Family Legacy Trust","detail":"Indirect owner: a sole and voting member of Wallen Family Investments, LLC in the 25% to 50% band and a control person, since September 2021.","parent":"Wallen Family Investments, LLC"},{"label":"Timothy Wallen","detail":"Indirect owner: a trustee of MLG Wallen Family Legacy Trust in the 75% or more band and a control person, since September 2021. Also a grantor and trustee of Julie S. and Timothy J. Joint Revocable Trust in the 75% or more band and a control person, since September 2021. Also a grantor and trustee of MLG Capital Interest Trust in the 75% or more band and a control person, since September 2021.","parent":"MLG Wallen Family Legacy Trust"},{"label":"Natalie Gilsinger","detail":"Indirect owner: trustee of MLG Wallen Family Legacy Trust and a control person, since September 2021.","parent":"MLG Wallen Family Legacy Trust"},{"label":"Julie S. and Timothy J. Joint Revocable Trust","detail":"Indirect owner: a non-voting member of MLG Legacy Companies, LLC in the 50% to 75% band and a control person, since September 2021.","parent":"MLG Legacy Companies, LLC"},{"label":"Julie Wallen","detail":"Indirect owner: grantor and trustee of Julie S. and Timothy J. Joint Revocable Trust and a control person, since September 2021.","parent":"Julie S. and Timothy J. Joint Revocable Trust"},{"label":"MLG Capital Interest Trust","detail":"Indirect owner: voting member of MLG Legacy Companies, LLC and a control person, since September 2021.","parent":"MLG Legacy Companies, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Wisconsin","offices":1,"addresses":[{"street":"19000 W Bluemound Road","city":"Brookfield","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"262-797-9400","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":1},"sources":{"adv1FilingDate":"13 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/335692/PDF/335692.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does MLG Fund Manager have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does MLG Fund Manager offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does MLG Fund Manager have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns MLG Fund Manager?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does MLG Fund Manager get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact MLG Fund Manager?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 13 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}