Morganrosel Wealth Management, LLC (Highlands Ranch)

Name: Morganrosel Wealth Management, LLC
Address: 1805 Shea Center Dr, Suite 420, Highlands Ranch, CO, 80126
Telephone: 303.647.3801

Morganrosel Wealth Management, LLC is a large advisory firm based in Highlands Ranch. It manages $186.08 million of regulatory assets for 682 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Colorado, Florida, and 4 other states.

Morganrosel Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Morganrosel Wealth Management: assets under management

The assets under management (AUM) of Morganrosel Wealth Management, LLC is $186.08 million. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $171.15 million in discretionary accounts and $14.93 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $251.32 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $14.93 million.

Morganrosel Wealth Management has custody of $16.78 million in cash and securities for 50 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 58% of the total AUM. The second-largest asset type is investment and business development companies, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Morganrosel Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Morganrosel Wealth Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Morganrosel Wealth Management is high net worth individuals with 88 clients and $139.41 million of assets under management. Among the 10 most similar advisory firms, Morganrosel Wealth Management has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $186.08 million for 233 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.

Morganrosel Wealth Management doesn't advise any private funds.

Careers at Morganrosel Wealth Management, LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Baldwin Morgan	Managing member & chief compliance officer	1 Dec 2017	50% - 75%	2914803
Eric Benjamin Rosel	Managing member	1 Dec 2017	50% - 75%	4409800
Eric B. Rosel Revocable Trust	Managing member	1 Dec 2017	50% - 75%	51-3962650

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Eric Benjamin Rosel	Trustee	1 May 2006	Other	4409800

Based in Highlands Ranch

The principal office where Morganrosel Wealth Management, LLC performs its advisory services is located at 1805 Shea Center Dr, Suite 420, Highlands Ranch, CO 80126, 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 303.647.3801. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at morganrosel.com.