Morgan-Aly Wealth Management provides portfolio management for individuals and small businesses.
Morgan-Aly Wealth Management reports 157 clients. They include 136 individual clients, 20 high-net-worth individuals and 1 pension or profit-sharing plan. Of its assets, 100.0% ($105M across 390 accounts) are managed with discretion. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 87% | 39% |
| High-net-worth individuals | 13% | 60% |
| Pension and profit-sharing plans | <1% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 136 | $41.3M | 39.2% | $304K |
| High-net-worth individuals | 20 | $62.9M | 59.8% | $3.15M |
| Pension and profit-sharing plans | Fewer than 5 | $1.07M | 1.0% | $1.07M |
| Total | 157 | $105M | 100% | — |
- Clients
- 136
- Regulatory AUM
- $41.3M
- AUM share
- 39.2%
- Avg. per client
- $304K
- Clients
- 20
- Regulatory AUM
- $62.9M
- AUM share
- 59.8%
- Avg. per client
- $3.15M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.07M
- AUM share
- 1.0%
- Avg. per client
- $1.07M
Total
- Clients
- 157
- Regulatory AUM
- $105M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Morgan-Aly Wealth Management charges 1.00%–1.25% a year for its Asset Management. The fee is billed in advance and is negotiable.
Fee details and sources
Jason Behr owns 50% to 75% of Morgan-Aly Wealth Management. It has 3 employees, 2 of them in advisory roles.
Leadership
Jason BehrOwner
James HayettOwner and CCO
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 50% to 75% of Morgan-Aly Wealth Management, LLC
Jason Behr
Control person · since January 2025
- Owns 25% to 50% of Morgan-Aly Wealth Management, LLC
James Hayett
Control person · since November 2023
Besides its headquarters, Morgan-Aly Wealth Management has 0 offices, with 1 listed address in Wisconsin.
Wisconsin · 1 listed address
- N4W22370 Bluemound RD, Suite 204, WaukeshaHQ
Contact and registration details
- Legal name
- Morgan-Aly Wealth Management, LLC
- Headquarters
- N4W22370 Bluemound RD, Suite 204, Waukesha, WI 53186
- Website
- morgan-aly.com
- Phone
- 262-691-0100
- SEC file
- 801-135514
- Structure
- Wisconsin LLC
- Fiscal year end
- December
Morgan-Aly Wealth Management uses LPL Financial ($105M) as custodian for its separately managed accounts. Morgan-Aly Wealth Management does not have custody of client assets.
- LPL FinancialLPL Financial LLC · Fort Mill, SC · $105M100%
At year end, Morgan-Aly Wealth Management’s separately managed accounts were mostly in stocks (67%) and cash (13%).
What the accounts hold
- Stocks67%
- Funds9%
- Bonds11%
- U.S. government and agency bonds10%
- State and local bonds1%
- Cash13%
How many clients does Morgan-Aly Wealth Management have?
Morgan-Aly Wealth Management has 157 clients and manages $105 million for them, as of April 2026. They include 136 individual clients, 20 high-net-worth individuals and 1 pension or profit-sharing plan.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 April 2026
What services does Morgan-Aly Wealth Management offer?
Morgan-Aly Wealth Management provides 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 Morgan-Aly Wealth Management charge?
Morgan-Aly Wealth Management charges 1.00%–1.25% a year for its Asset Management. The fee is billed in advance and is negotiable.
Source: ADV 2A, filed 2 April 2026
Which custodians does Morgan-Aly Wealth Management use?
Morgan-Aly Wealth Management’s separately managed account assets are held at LPL Financial LLC (Fort Mill, SC), 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 2 April 2026
How many financial advisors does Morgan-Aly Wealth Management have?
Morgan-Aly Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 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 Morgan-Aly Wealth Management invest in?
At the end of its last fiscal year, Morgan-Aly Wealth Management’s separately managed accounts held 67% exchange-traded equities, 13% cash and equivalents, 10% U.S. government and agency bonds, 9% registered funds (mutual funds, ETFs, BDCs) and 1% 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 Morgan-Aly Wealth Management?
Morgan-Aly Wealth Management’s direct owners are James Hayett (25% to 50%) and Jason Behr (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 2 April 2026
How does Morgan-Aly Wealth Management get paid?
Morgan-Aly Wealth Management is paid through a percentage of assets under management. 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 Morgan-Aly Wealth Management?
Morgan-Aly Wealth Management’s main office is at N4W22370 Bluemound RD, Suite 204, Waukesha, WI 53186. Its phone number is 262-691-0100. Its website is morgan-aly.com.