Cmg Capital Management Group, Inc. (King Of Prussia)


Cmg Capital Management Group, Inc. is a large advisory firm based in King Of Prussia. It manages $352.02 million of regulatory assets for 1,623 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Arizona, California, Colorado, and 27 other states.

Cmg Capital Management Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cmg Capital Management Group: assets under management

The assets under management (AUM) of Cmg Capital Management Group, Inc. is $352.02 million. The firm's AUM has grown by 217% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $257.87 million in discretionary accounts and $94.14 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $159.77 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $10.46 million.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is investment and business development companies, which make up 40% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cmg Capital Management Group, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Marvin Blumenthal serves?

The firm provides services to individuals, investment companies, and other investment advisers. The largest group of clients of Marvin Blumenthal is individuals with 1,614 clients and $142.67 million of assets under management. Among the 7 most similar advisory firms, Cmg Capital Management Group has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $352.02 million for 1,626 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Cmg Capital Management Group doesn't advise any private funds.

Careers at Cmg Capital Management Group, Inc.

The company employs 15 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 39 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Cmg Capital Management Group, Inc. is owned by Susan Barr Blumenthal. Marvin Blumenthal has been acting as President since 1 Oct 1992. Todd Fredric Silbergeld joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Marvin Blumenthal Cfo/secretary/director/shareholder 1 Oct 1992 50% - 75% 2657827
Stephen Bruce Blumenthal Ceo 1 Jun 1994 75% - 100% 1264632
Edward John Stavetski Chief compliance officer 1 Sep 2004 Other 1023165
David Wayne Elkin Managing director 1 Dec 2004 Other 1214048
Richard M Shorin Chief compliance officer 1 Jul 2009 Other 5693565
Richard Mark Shorin Chief compliance officer 1 Jul 2009 Other 5693565
Jeffrey A Stewart Insitutional sales 1 Oct 2009 Other 1856816
Andrew D Elkin Chief operating officer 1 Sep 2012 Other 6120459
Przemyslaw J Grzywacz President & chief compliance officer 1 Sep 2012 Other 6120460
Susan Barr Blumenthal Owner 1 Dec 2014 Other 6933097
Todd Fredric Silbergeld Chief compliance officer 1 Feb 2016 Other 4888527

Based in King Of Prussia

The principal office where Cmg Capital Management Group, Inc. performs its advisory services is located at 1000 Continental Dr, King Of Prussia, PA 19406 2848, 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 610-989-9090 or by fax 610-989-9092. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at cmgarsfunds.net.