The Mather Group, LLC Named One of the Fastest Growing Companies in Chicago
TMG’s client-centric strategy has led to more than 537 percent growth over the past five years and inclusion in the Fast 50 2021 list by Crain’s Chicago Business
CHICAGO–(BUSINESS WIRE)–#CrainsFast50–The Mather Group, LLC (TMG), a family and employee owned wealth management firm with seven offices across the country and more than $7.3 billion in Assets Under Advisement*, has been included and ranked #20 on the Fast 50 2021 list by Crain’s Chicago Business.**
TMG’s client-centric approach has proven integral to the firm’s client base growth, which has increased 90 percent in the last two years, from 1,139 in 2018 to 2,161 in 2020. Revenues in the same period increased from $10.1 million to $25.5 million, a jump of more than 150 percent. Revenues are projected to top $40 million this year.
“Our financial advisors strive to do the right thing—all of the time,” says Christopher Behrens, CEO at TMG. “We put the clients’ interests first.”
The firm offers a comprehensive range of in-house services, including tax preparation, tax advice, portfolio management, concentrated stock management, risk assessment, estate planning guidance and comprehensive financial planning. Investment recommendations are not tied to commissions. Clients pay for the firm’s professional advice on a fee-only basis, typically as a percentage of assets under management. This approach helps align the interests of the firm and the client.
The pandemic also accelerated the firm’s digital capabilities, according to Behrens. He has experience leading major corporate growth initiatives as well as expertise in financial technology and SaaS-based software services. Behrens says that clients have embraced new technologies, such as virtual meetings, adding, “Firms that utilize technology are more likely to succeed.”
TMG’s recent acquisition of Trinity Financial Advisors, a Chicago-based fee-only firm with $187 million in assets under management, marks the eighth acquisition by TMG in less than two years. The firm plans to continue its current momentum with several new partner firm acquisitions by the end of this year’s third quarter. “Our goal is to continue to bring on clients organically and through acquisitions to become a significant-sized, national boutique firm in the RIA wealth management space,” Behrens says.
More About TMG
Headquartered in Chicago with offices in Atlanta, Houston, Dallas, Austin, Knoxville, and Philadelphia Area, TMG is a fee-only firm serving primarily high net worth individuals. Founded in 2011 with $150 million in assets under advisement, TMG has grown to more than $7.3 billion in assets under advisement*. TMG’s in-house attorneys, CPAs and other professionals simplify their clients’ lives by providing a comprehensive suite of services under one roof. TMG is a federally registered investment adviser under the Investment Advisers Act of 1940, as amended, providing discretionary and non-discretionary investment advice to clients. Visit us at www.themathergroup.com.
*Assets Under Advisement (AUA) consists of discretionary, non-discretionary assets and assets that we advise on but do not directly manage as of 5.1.21.
**Rankings are based on voluntary, non-fee paying surveys. Each organization establishes its own criteria for inclusion. Information is accurate as of the date of this press release, and no obligation nor intention to make updates or corrections exists.
Contacts
Natalya Varkey
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