{"url":"https://nivawealth.com/firms/modern-portfolio-management-104926","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/104926","regulatoryAum":1038583016,"crd":"104926","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"3134406","suffix":null,"lastName":"BARNHART","firstName":"ERIN","middleName":"JAMES"},{"crd":"1919592","suffix":null,"lastName":"BERNIER","firstName":"STEVEN","middleName":"EDWARD"},{"crd":"2989086","suffix":null,"lastName":"CRITCHET","firstName":"DARRIN","middleName":"CLIFFORD"},{"crd":"5209996","suffix":"III","lastName":"DAMASCO","firstName":"GEORGE","middleName":"T"},{"crd":"4734195","suffix":null,"lastName":"FAWAZ","firstName":"BAHIYA","middleName":null},{"crd":"6544213","suffix":null,"lastName":"HEINTSCHEL","firstName":"CHELSEA","middleName":"OHM"},{"crd":"3038518","suffix":null,"lastName":"HUNTINGTON","firstName":"CRAIG","middleName":"STAFFORD"},{"crd":"253565","suffix":null,"lastName":"HUNTINGTON","firstName":"JAMES","middleName":"WINFIELD"},{"crd":"6159140","suffix":null,"lastName":"LESKOVAR","firstName":"MATTHEW","middleName":"KARL"},{"crd":"4000136","suffix":null,"lastName":"MYLER","firstName":"STEPHEN","middleName":"JAMES"},{"crd":"723664","suffix":null,"lastName":"OHM","firstName":"BRYAN","middleName":"FREDERICK"},{"crd":"5234657","suffix":null,"lastName":"SEABOLT","firstName":"GLENN","middleName":"S"},{"crd":"4669676","suffix":null,"lastName":"SHINABERRY","firstName":"SEAN","middleName":"SCOTT"},{"crd":"7223811","suffix":null,"lastName":"Stoller","firstName":"Ryan","middleName":"Thomas"},{"crd":"4903718","suffix":"IV","lastName":"THORNHILL","firstName":"GABRIEL","middleName":"FELDER"}],"total":15,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-05-18","regulatoryAum":621220095,"clients":1000,"employees":22,"offices":14},{"filedOn":"2022-03-23","regulatoryAum":708957562,"clients":1111,"employees":22,"offices":14},{"filedOn":"2023-04-21","regulatoryAum":665000151,"clients":1101,"employees":20,"offices":12},{"filedOn":"2024-07-25","regulatoryAum":795032688,"clients":1132,"employees":20,"offices":12},{"filedOn":"2025-05-22","regulatoryAum":888866554,"clients":1158,"employees":20,"offices":13},{"filedOn":"2026-05-14","regulatoryAum":1038583016,"clients":1118,"employees":18,"offices":13}],"secFileNumber":"801-50488","legalName":"Modern Portfolio Management Inc","displayName":"Modern Portfolio Management","slug":"modern-portfolio-management-104926","website":"https://mpmwealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/mpm-wealth-advisors/","founded":"1995","organization":"Ohio corporation","fiscalYearEnd":"December","headquarters":{"street":"7429 International Drive, Suite A","city":"Holland","state":"OH","stateName":"Ohio","country":"United States","postalCode":"43528-8623"},"tradeNames":[],"registration":{"secApproved":"17 November 1995","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":899773.7641681901,"staff":{"employees":18,"advisory":18,"brokerDealerReps":1,"insuranceAgents":7,"promoters":7},"aum":{"regulatory":1038583016,"discretionary":443568232,"discretionaryAccounts":1037,"nonDiscretionary":595014784,"nonDiscretionaryAccounts":1417,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1118},"clientTypes":[{"label":"Individuals (other than HNW)","clients":757,"regulatoryAum":276658157},{"label":"High-net-worth individuals","clients":337,"regulatoryAum":707694341},{"label":"Pension and profit-sharing plans","clients":2,"fewerThan5":true,"regulatoryAum":5341371},{"label":"Charitable organizations","clients":3,"fewerThan5":true,"regulatoryAum":2513305},{"label":"Corporations and other businesses","clients":19,"regulatoryAum":46375842}],"feePrograms":[{"role":"main","program":"MPM Program Services","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035428","versionId":1035428,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-31","documentName":"MPM WEALTH ADVISORS - FORM ADV PART 2A","fee_rate_low":null,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial planning and consulting","summary":"Typically $100 to $400 per hour, or $15,000 (or more) on a fixed-fee basis, depending on scope and the professional; a 50% deposit is due on hourly engagements.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035428","versionId":1035428,"submittedOn":"2026-03-31","documentName":"MPM WEALTH ADVISORS - FORM ADV PART 2A"},{"role":"other","program":"Flat fee option","summary":"Negotiated fixed dollar fee, not above the 1.50% maximum, for clients who keep at least $1,000,000 in the arrangement; payable quarterly in arrears.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035428","versionId":1035428,"submittedOn":"2026-03-31","documentName":"MPM WEALTH ADVISORS - FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T05:51:48.133362+00:00","documents":[{"name":"MPM WEALTH ADVISORS - FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035428","versionId":1035428,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":1038583016}],"custodyNote":"Modern Portfolio Management has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Bryan Ohm","title":"Founding Partner & Co-President","crd":"723664"},{"name":"Robert Avery","title":"Chief Compliance Officer","crd":"8225992"},{"name":"George Damasco","title":"Founding Partner","crd":"1000231"},{"name":"George Damasco","title":"Partner,treasurer","crd":"5209996"},{"name":"Chelsea Heintschel","title":"Partner, COO & Secretary","crd":"6544213"},{"name":"Sean Shinaberry","title":"Partner, CEO, CFO","crd":"4669676"}],"ownership":[{"label":"MPM Wealth Advisors Inc.","detail":"Shareholder in the 75% or more ownership band and a control person, since December 2009."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":12,"privateResidences":7},"listedOfficeAddresses":6,"foreignOffices":[],"officesByState":[{"state":"Michigan","offices":3,"addresses":[{"street":"15640 Michigan Ave.","city":"Dearborn"},{"street":"24901 Northwestern Highway Suite 218","city":"Southfield"},{"street":"2090 Celebration R Ne Ste210","city":"Grand Rapids"}]},{"state":"Ohio","offices":2,"addresses":[{"street":"7429 International Drive, Suite A","city":"Holland","headquarters":true},{"street":"7015 Lighthouse Way, Suite 400 Mail Box #8","city":"Perrysburg"}]},{"state":"Texas","offices":1,"addresses":[{"street":"101 Westlake DR. Suite 143","city":"West Lake Hills"}]}],"brochureServices":["estate planning","insurance","philanthropic planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"419-861-1400","stateRegisteredReps":14,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Other"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Educational seminars/workshops","Other"],"financialPlanningClients":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":9},{"label":"U.S. government/agency bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":86},{"label":"Cash and cash equivalents","percent":3},{"label":"Other","percent":1,"detail":"CDS"}],"privateFunds":0},"sources":{"adv1FilingDate":"14 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/104926/PDF/104926.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035428","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Modern Portfolio Management have?","answer":"Modern Portfolio Management has 1,118 clients and manages $1.04 billion for them, as of May 2026. They include 757 individual clients, 337 high-net-worth individuals, and 19 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 14 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Modern Portfolio Management offer?","answer":"Modern Portfolio Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, educational seminars, estate planning, insurance, and philanthropic planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Modern Portfolio Management charge?","answer":"Modern Portfolio Management charges up to 1.50% a year for its MPM Program Services. The fee is billed in arrears and is negotiable.","source":"MPM WEALTH ADVISORS - FORM ADV PART 2A, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Modern Portfolio Management use?","answer":"Modern Portfolio Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $1.04B. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Modern Portfolio Management have?","answer":"Modern Portfolio Management has 14 investment adviser representatives registered with state securities authorities, out of 18 employees, and 18 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 7 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":"What does Modern Portfolio Management invest in?","answer":"At the end of its last fiscal year, Modern Portfolio Management’s separately managed accounts held 86% registered funds (mutual funds, ETFs, BDCs), 9% exchange-traded equities, 3% cash and equivalents, 1% U.S. government and agency bonds and 1% other. The 1% other category is described as: CDS.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Modern Portfolio Management?","answer":"Modern Portfolio Management’s direct owner is MPM Wealth Advisors Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 14 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Modern Portfolio Management get paid?","answer":"Modern Portfolio Management is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Modern Portfolio Management?","answer":"Modern Portfolio Management’s main office is at 7429 International Drive, Suite A, Holland, OH 43528-8623. Its phone number is 419-861-1400. Its website is mpmwealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 14 May 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."}