Orgel Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 251–500 clients last fiscal year.
Orgel Wealth Management reports 3,976 clients. They include 2,293 individual clients, 1,493 high-net-worth individuals, and 116 pension and profit-sharing plans. Of its assets, 99.9% ($9.54B across 10,660 accounts) are managed with discretion; $5.21M across 20 accounts are not. A wrap fee program the firm both sponsors and manages holds $7.83B. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 58% | 8% |
| High-net-worth individuals | 38% | 67% |
| Pension and profit-sharing plans | 3% | 18% |
| Charitable organizations | <1% | 4% |
| Corporations and other businesses | 1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 2,293 | $748M | 7.8% | $326K |
| High-net-worth individuals | 1,493 | $6.35B | 66.5% | $4.26M |
| Pension and profit-sharing plans | 116 | $1.76B | 18.4% | $15.2M |
| Charitable organizations | 31 | $398M | 4.2% | $12.8M |
| Corporations and other businesses | 43 | $290M | 3.0% | $6.73M |
| Total | 3,976 | $9.55B | 100% | $2.4M |
- Clients
- 2,293
- Regulatory AUM
- $748M
- AUM share
- 7.8%
- Avg. per client
- $326K
- Clients
- 1,493
- Regulatory AUM
- $6.35B
- AUM share
- 66.5%
- Avg. per client
- $4.26M
- Clients
- 116
- Regulatory AUM
- $1.76B
- AUM share
- 18.4%
- Avg. per client
- $15.2M
- Clients
- 31
- Regulatory AUM
- $398M
- AUM share
- 4.2%
- Avg. per client
- $12.8M
- Clients
- 43
- Regulatory AUM
- $290M
- AUM share
- 3.0%
- Avg. per client
- $6.73M
Total
- Clients
- 3,976
- Regulatory AUM
- $9.55B
- AUM share
- 100%
- Avg. per client
- $2.4M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Orgel Wealth Management charges 0.10%–0.75% a year for its Investment Management Fee. Each asset band is charged at its own rate. The fee is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 0.75% |
| $1M–$5M | 0.50% |
| $5M–$10M | 0.40% |
| $10M–$25M | 0.30% |
| $25M–$50M | 0.25% |
| $50M and above | 0.10% |
Fee details and sources
The leadership team of Orgel Wealth Management includes Chief Investment Officer Aaron Reynolds and Chief Operating Officer Troy Mertens. It has 79 employees, 31 of them in advisory roles.
Leadership
Troy MertensMember, Chief Operating
Mark BoserMember & Director of Retirement Plans
Benjamin KanzMember & Managing Director
Aaron ReynoldsMember & Chief Investment Officer
Mark OrgelMember & Chairman
Samir MurtyMember & Senior Relationship Manager
Evan NelsonMember & Relationship Manager
Investment adviser representatives
31 representatives listed in the SEC register as of 9 October 2026.
- Peter John Atkinson
- Ronald F. Ducharme
- Michael Eskridge
- Michael Paul Fields
- Anna E. Geissler
- Kent Mathew Higley
- Mary Jean Hiss
- Jonathan Paul Ippel
- Adam Kern
- Hannah Marie King
- Jon R Laher
- Matthew Steven Leach
- Brian J Mansky
- Christopher Wayne Meeks
- Tyler Jackson Meyer
- Donna Jean Murr
- Mason H Nolin
- Daniel Michael Oliver
- Geoffrey Adam Probst
- Dylan C Schulz
- Ryan L Smith
- Robert Scott Spaeth
- Andrew M Steger
- Evan L. Thompson
- Tanner Thompson
Staff
- 79 employees
- 31 in advisory functions
- 31 state-registered reps
- Owns 10% to 25% of Orgel Wealth Management, LLC
Mark Orgel
Control person · since May 2013
- Owns 10% to 25% of Orgel Wealth Management, LLC
Samir Murty
Control person · since May 2013
- Owns 10% to 25% of Orgel Wealth Management, LLC
Benjamin Kanz
Control person · since May 2013
- Owns 10% to 25% of Orgel Wealth Management, LLC
Evan Nelson
Control person · since December 2018
- Owns 5% to 10% of Orgel Wealth Management, LLC
Mark Boser
Control person · since May 2013
- Owns 5% to 10% of Orgel Wealth Management, LLC
Aaron Reynolds
Control person · since May 2015
- Owns 5% to 10% of Orgel Wealth Management, LLC
Troy Mertens
Control person · since March 2014
Orgel Wealth Management’s regulatory assets grew 1.7× from $5.62B (March 2021) to $9.55B (March 2026); clients rose from 3,137 to 3,976 and employees from 56 to 79.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $9.55B | 3,976 | 79 | 3 |
| March 2025 | $8.06B | 3,911 | 79 | 4 |
| March 2024 | $7.1B | 3,813 | 78 | 4 |
| March 2023 | $6.26B | 3,762 | 75 | 4 |
| March 2022 | $6.61B | 3,489 | 67 | 3 |
| March 2021 | $5.62B | 3,137 | 56 | 2 |
Besides its headquarters, Orgel Wealth Management has 2 offices, with 3 listed addresses in Minnesota and Wisconsin.
Wisconsin · 2 listed addresses
- 2420 Rivers Edge Drive, AltoonaHQ
- 2850 Midwest Drive, Onalaska
Minnesota · 1 listed address
- 701 Carlson Parkway Suite 150, Minnetonka
Contact and registration details
- Legal name
- Orgel Wealth Management, LLC
- Headquarters
- 2420 Rivers Edge Drive, Altoona, WI 54720
- Website
- orgelwealth.com
- Phone
- 715-835-6525
- @orgel-wealth-management-llc
- SEC file
- 801-78284
- Structure
- Delaware LLC
- Fiscal year end
- December
Orgel Wealth Management uses Pershing ($7.83B) as custodian for its separately managed accounts. Orgel Wealth Management has custody of $3.14B in client assets for 2,200 clients.
- PershingPershing LLC · Jersey City, NJ · $7.83B100%
At year end, Orgel Wealth Management’s separately managed accounts were mostly in funds (93%). Its reported 13F holdings for the quarter ended 30 June 2026 total $5.27B across 113 positions; the largest are iShares TR (14.0%), Vanguard Malvern Fds (11.9%) and iShares TR (9.2%).
What the accounts hold
- Funds93%
- Bonds1%
- Cash1%
- Other5%
- Collective investment trusts, contingent value rights, structured mortgage and asset backed securities, insurance and annuity interests5%
Reported 13F holdings
- $5.27B
- Reported 13F value
- 113
- Positions
- 71.6%
- In the 10 largest
- +13.6%
- Value vs. prior quarter
- iShares TR · MSCI USA Qlt Fct14.0%
- Vanguard Malvern Fds · Shor Dura BD ETF11.9%
- iShares TR · Core S&P500 ETF9.2%
- SPDR Series Trust · ST Str P500grw7.7%
- Vanguard Whitehall Fds · Intl High ETF5.7%
- iShares TR · National Mun ETF5.5%
- Schwab Strategic TR · Intl Eqty ETF5.1%
- Pimco ETF TR · Mtg Bkd Secs Act4.6%
- iShares TR · MSCI USA Mmentm4.4%
- Vanguard Index Fds · Mcap VL Idxvip3.6%
Together, the ten largest are 71.6% of reported value.
How many clients does Orgel Wealth Management have?
Orgel Wealth Management has 3,976 clients and manages $9.55 billion for them, as of March 2026. They include 2,293 individual clients, 1,493 high-net-worth individuals, and 116 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Orgel Wealth Management offer?
Orgel Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Orgel Wealth Management charge?
Orgel Wealth Management charges 0.10%–0.75% a year for its Investment Management Fee. Each asset band is charged at its own rate. The fee is negotiable.
Source: ORGEL WEALTH MANAGEMENT ADV BROCHURE, filed 25 March 2026
Which custodians does Orgel Wealth Management use?
Orgel Wealth Management’s separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $7.83B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does Orgel Wealth Management have?
Orgel Wealth Management has 31 investment adviser representatives registered with state securities authorities, out of 79 employees, and 31 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Orgel Wealth Management invest in?
At the end of its last fiscal year, Orgel Wealth Management’s separately managed accounts held 93% registered funds (mutual funds, ETFs, BDCs), 5% other, 1% state and local bonds and 1% cash and equivalents. The 5% other category is described as: Collective Investment Trusts, Contingent Value Rights, Structured Mortgage and Asset Backed Securities, Insurance and Annuity Interests.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Orgel Wealth Management?
Orgel Wealth Management’s direct owners are Mark Orgel, Samir Murty, Mark Boser, Benjamin Kanz, Aaron Reynolds, Troy Mertens and Evan Nelson, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Orgel Wealth Management get paid?
Orgel Wealth Management is paid through a percentage of assets under management and fixed fees. 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 Orgel Wealth Management?
Orgel Wealth Management’s main office is at 2420 Rivers Edge Drive, Altoona, WI 54720. Its phone number is 715-835-6525. Its website is orgelwealth.com.