Clients
The Mather Group serves 4,773 clients, 2,876 of them high-net-worth individuals. The average client has about $2.8 million with the firm, and high-net-worth clients hold 91% of its $13.4 billion in assets.
- Individuals1,897 clients9%
- High-net-worth individuals2,876 clients91%
- OtherPension and profit-sharing plans, Charitable organizations, Corporations and other businesses0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,897 | $1,223,098,554 | 9.1% | $645K |
| High-net-worth individuals | 2,876 | $12,215,350,695 | 90.8% | $4.25M |
| Pension and profit-sharing plans | Not reported | $1,477,609 | 0.0% | — |
| Charitable organizations | Not reported | $1,670,842 | 0.0% | — |
| Corporations and other businesses | Not reported | $4,791,172 | 0.0% | — |
| Total | 4,773 | $13,446,388,872 | 100% | $2.82M |
- Clients
- 1,897
- Regulatory AUM
- $1,223,098,554
- Share
- 9.1%
- Avg. per client
- $645K
- Clients
- 2,876
- Regulatory AUM
- $12,215,350,695
- Share
- 90.8%
- Avg. per client
- $4.25M
- Clients
- Not reported
- Regulatory AUM
- $1,477,609
- Share
- 0.0%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $1,670,842
- Share
- 0.0%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $4,791,172
- Share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 4,773
- Regulatory AUM
- $13,446,388,872
- Share
- 100%
- Avg. per client
- $2.82M
What it does
The Mather Group provides financial planning, portfolio management for individuals and small businesses, selecting other managers, publishing newsletters and educational seminars. It is paid through a percentage of assets, hourly charges, fixed fees and other arrangements.
The Mather Group provided financial planning to 4,000 clients last fiscal year and advises no private funds.
93.6% of assets ($12.59B across 14,161 accounts) are managed with discretion; $855.9M across 1,039 accounts are not. 0% of clients are outside the U.S., and 1 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks12%
- Funds76%
- Bonds9%
- U.S. government and agency bonds4%
- State and local bonds3%
- Investment grade corporate bonds2%
- Cash2%
- Other1%
- Variable annuity1%
Custodians
The Mather Group’s client accounts are held mainly at Fidelity, with 55% of managed assets, and Charles Schwab, with 44%. The Mather Group has custody of $5.65B for 4,433 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $7.45B55%
- Charles SchwabCharles Schwab & Co., Inc. · El Paso, TX · $5.93B44%
- All other custodians$70.1M1%
Ownership and leadership
Mather Holdings, LLC owns 75% or more of The Mather Group, and Jennifer Des Groseilliers is its CEO.
- Owns 75% or more of The Mather Group, LLC
Mather Holdings, LLC
Control person · since March 2022
- Owns 75% or more of Mather Holdings, LLC
TVG-TMG Intermediate, Inc.
Control person · since March 2022
- Owns 75% or more of TVG-TMG Intermediate, Inc.
TVG-TMG Topco, Inc.
Control person · since March 2022
- Owns 75% or more of TVG-TMG Topco, Inc.
TVG-TMG Holdings, LLC
Control person · since March 2022
- Owns 75% or more of TVG-TMG Holdings, LLC
TVG-TMG Aggregator, LLC
Control person · since March 2022
- Owns 50% to 75% of TVG-TMG Aggregator, LLC
Vistria Fund IV, LP
Control person · since March 2022
Vistria GP IV, LP
General partner · Control person · since January 2021
- Owns 25% to 50% of TVG-TMG Aggregator, LLC
Vistria Fund IV (FT), LP
Control person · since March 2022
Leadership
- Jennifer Des GroseilliersChief Executive Officer
- Michael CastleforteVice President and Assistant Secretary / Manager
- Boris RapoportVice President and Assistant Secretary / Manager
- Ryan WickertChief Financial Officer
- Stuart EvansChief Compliance Officer
- Daniel BryantManager
- Jay KrehbielManager
- Kristen OziemkowskiChief Operations Officer, Business Operations/Solutions
- Pamela PoppManager
- Brooke Skinner RickettsManager
- Shundrawn ThomasManager
- Cyrus WalkerManager
- Jon ZindelMember
Staff
- 186 employees
- 97 in advisory functions
- 3 soliciting firms
Reported holdings
The Mather Group’s reported 13F holdings total $11.46B across 1,903 positions, and the ten largest make up 54.2% of it.
- $11.46B
- Reported 13F value
- 1,903
- Positions
- 54.2%
- In the 10 largest
- +14.4%
- Value vs. prior quarter
- Vanguard Index Fds · Growth ETF11.4%
- Vanguard Index Fds · Value ETF9.6%
- Vanguard Intl Equity Index F · FTSE Europe ETF6.8%
- Vanguard Intl Equity Index F · FTSE Pacific ETF6.2%
- Dimensional ETF Trust · Emgr Cre EQT Mng4.4%
- Schwab Strategic TR · US Lcap GR ETF3.8%
- Vanguard Scottsdale Fds · Mtg-bkd Secs ETF3.5%
- SPDR Series Trust · ST Inter ETF3.1%
- Schwab Strategic TR · US Lcap VA ETF3.1%
- Dimensional ETF Trust · US Small Cap ETF2.2%
Together, the ten largest are 54.2% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $11.46B is not its $13.45B in regulatory assets and does not represent any individual client's portfolio.
Fees
The Mather Group is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and other.
The Mather Group’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, The Mather Group has 62 offices, with 64 listed addresses across 35 states.
California · 8 listed addresses
- 1836 Second Street, Napa
- 1 Belvedere Drive, Mill Valley
- 225 South Lake Avenue, Pasadena
- 633 West 5th Street, Los Angeles
- 501 West Broadway, San Diego
- 12636 High Bluff Drive, San Diego
- 1255 Treat BLVD, Walnut Creek
- 3685 MT Diablo BLVD, Lafayette
Texas · 5 listed addresses
- 700 N ST Mary'S Street, San Antonio
- Two Lincoln Centre, Dallas
- 4400 Post Oak Parkway, Houston
- 1700 City Plaza Drive, Spring
- 7000 N. Mopac, Austin
Florida · 4 listed addresses
- 100 S Ashley Drive, Tampa
- 50 North Laura Street, Jacksonville
- 777 South Flagler Drive, West Palm Beach
- 2000 Pga Boulevard, Palm Beach Gardens
Tennessee · 4 listed addresses
- 424 Church Street, Nashville
- 6000 Poplar Avenue, Memphis
- 2095 Lakeside Center Way, Knoxville
- 105 Continental Place, Brentwood
Ohio · 3 listed addresses
- 711 North High Street, Columbus
- 600 Superior Avenue East Fifth Third Building, Cleveland
- 10300 Alliance RD, Cincinnati
Pennsylvania · 3 listed addresses
- 500 Grant Street, Pittsburgh
- 1500 Market Street, Philadelphia
- 5109 Neola Road, Stroudsburg
Arizona · 2 listed addresses
- 2 North Central Avenue, Phoenix
- 1 South Church Avenue, Tucson
Illinois · 2 listed addresses
- 353 N. Clark Street, Suite 2775, ChicagoHQ
- 212 E. Main Street, Robinson
Indiana · 2 listed addresses
- 333 N Alabama Street, Indianapolis
- 1251 North Eddy Street, South Bend
Michigan · 2 listed addresses
- 19 Clifford Street, Detroit
- 250 Monroe NW, Grand Rapids
Minnesota · 2 listed addresses
- Carlson Center, Minnetonka
- 100 South Fifth Street, Minneapolis
Missouri · 2 listed addresses
- 7777 Bonhomme Avenue, Clayton
- 107 West 9th Street, Kansas City
New Jersey · 2 listed addresses
- 1200 Route 22 East, Bridgewater
- 298 Broad Street, Red Bank
Oregon · 2 listed addresses
- 3853 SW Hall BLVD, Beaverton
- 10260 SW Greenbura Road, Portland
Alabama · 1 listed address
- 420 North 20th Street, Birmingham
Colorado · 1 listed address
- 1600 Broadway, Denver
Connecticut · 1 listed address
- 100 Pearl Street, Hartford
Delaware · 1 listed address
- 1000 N West Street, Wilmington
District of Columbia · 1 listed address
- 1875 K Street NW, Washington
Georgia · 1 listed address
- 999 Peachtree ST Ne, Atlanta
Idaho · 1 listed address
- 950 Bannock Street, Boise
Kentucky · 1 listed address
- 312 S Fourth Street, Louisville
Louisiana · 1 listed address
- 301 N Main Street, Baton Rouge
Massachusetts · 1 listed address
- 60 State Street, Boston
Nebraska · 1 listed address
- 2111 S 67th Street, Omaha
New Hampshire · 1 listed address
- 170 Commerce Way, Portsmouth
New Mexico · 1 listed address
- 500 Marquette Avenue NW, Albuquerque
New York · 1 listed address
- 261 Madison Avenue, New York
North Carolina · 1 listed address
- 101 N Tryon Street, Charlotte
Oklahoma · 1 listed address
- 7136 S. Yale Avenue, Tulsa
Rhode Island · 1 listed address
- 10 Dorrance Street, Providence
Utah · 1 listed address
- 10 W Broadway, Salt Lake City
Virginia · 1 listed address
- 409 E. Main Street, Richmond
Washington · 1 listed address
- 13555 Se 36th Street Suite 100, Bellevue
Wisconsin · 1 listed address
- 250 East Wisconsin Avenue, Milwaukee
Other business names
The Mather Group has reported 1 other business name to the SEC.
- Legacy at TMG (family Office)
Registration details
- Legal name
- The Mather Group, LLC
- Headquarters
- 353 N. Clark Street, Suite 2775, Chicago, IL 60654
- Phone
- 888-537-1080
- Website
- themathergroup.com
- SEC file
- 801-72156
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does The Mather Group have?
The Mather Group has 4,773 clients and manages $13.4 billion for them, as of September 2026. They include 2,876 high-net-worth individuals and 1,897 other individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 September 2026
What services does The Mather Group offer?
The Mather Group provides financial planning, portfolio management for individuals and small businesses, selecting other managers, publishing newsletters and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does The Mather Group use?
The Mather Group’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $7,446,863,713 and Charles Schwab & Co., Inc. (El Paso, TX), with $5,929,396,157. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 September 2026
How many financial advisors does The Mather Group have?
The Mather Group has 0 investment adviser representatives registered with state securities authorities, out of 186 employees, and 97 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 The Mather Group invest in?
At the end of its last fiscal year, The Mather Group’s separately managed accounts held 76% registered funds (mutual funds, ETFs, BDCs), 12% exchange-traded equities, 4% U.S. government and agency bonds, 3% state and local bonds, 2% investment grade corporate bonds, 2% cash and equivalents and 1% variable annuity. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns The Mather Group?
The Mather Group is owned through a chain of holding companies by Vistria Fund IV (FT), LP. Its direct owner is Mather Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 4 September 2026
How does The Mather Group get paid?
The Mather Group is paid through a percentage of assets under management, hourly charges, fixed fees and other arrangements. 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