Mack Financial Group, Inc. (Indianapolis)


Mack Financial Group, Inc. is a large advisory firm based in Indianapolis. It manages $42.94 million of regulatory assets for 109 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Georgia, and 3 other states.

Mack Financial Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mack Financial Group: assets under management

The assets under management (AUM) of Mack Financial Group, Inc. is $42.94 million. The firm's AUM has gone down by -35% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $33.68 million in discretionary accounts and $9.26 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $748.4 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $144.76 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mack Financial Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Mack Financial Group, Inc.

Richard Dale Mack has been acting as President since 1 Sep 1982. Lisa R Hagy joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Richard Dale Mack President 1 Sep 1982 50% - 75% 1476655
Lisa Ann Mack Vice president 1 Apr 1994 50% - 75% 4442584
Lisa R Hagy Chief compliance officer 1 Sep 2004 Other 4408366

Based in Indianapolis

The principal office where Mack Financial Group, Inc. performs its advisory services is located at 201 West 103 Rd Street, Suite 100, Indianapolis, IN 46290, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 317-805-6700 or by fax 317-805-6729. The normal business hours are 8:30am - 5:00pm on Monday - Friday.