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Mader & Shannon Wealth Management
Bill Mader and Jack Shannon founded the firm in 1995 after regional banking careers, building a Kansas City RIA for retirement planning and estate...
Mader & Shannon Wealth Management
Mader & Shannon Wealth Management opened in Kansas City, Missouri, in 1995, founded by Bill Mader and Jack Shannon. The principals brought experience from regional banking institutions—Commerce Bank and UMB—to create an advisory shop focused on financial planning for a Midwestern client base that includes individual investors, high-net-worth families, corporate executives, and the sponsors of pension and profit-sharing plans. The firm operates from a single headquarters and has remained deliberately local in scope. The firm structures its investment advisory around retirement income planning, estate strategy, and portfolio construction across publicly traded asset classes. Mader & Shannon serves as a fiduciary and constructs portfolios using individual securities, mutual funds, and exchange-traded funds, with no indication of direct private-market or alternative-asset origination. Client mandates commonly involve cash-flow modeling through retirement, tax-aware asset location, and legacy transfer via trust coordination. The practice serves as a financial quarterback for families rather than a direct investor in operating companies or real assets. Mader & Shannon does not publicly disclose assets under management, team size, or specific institutional mandates. Missouri-based public records confirm the firm's registration as an investment adviser with a notice filing in Kansas. No adjacent private vehicles, philanthropic foundations, or real-asset arms are publicly associated with the principals. The firm has not been cited in industry publications for fundraising, deal activity, or personnel moves in the last 24 months. Structurally, Mader & Shannon represents a classic Midwestern registered investment adviser: a two-founder partnership that never converted to an aggregator platform or multi-family office brand. The absence of private-fund vehicles, institutional separate-account teams, or co-investor clubs distinguishes it from family offices that pursue direct deal exposure. Succession planning has not been addressed in any public filing or industry announcement.
General information
Firm type
Bank / Wealth / Trust
Year founded
1995
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Kansas City
Corporate office
Kansas City, MO, United States
Frequently asked questions
What type of clients does Mader & Shannon serve?
The firm advises individuals, high-net-worth families, corporations, and pension and profit-sharing plans, according to its regulatory disclosures. The client base is concentrated in the Kansas City region and surrounding Midwest. The advisory model centers on financial planning rather than institutional asset management or family-office services.
How does Mader & Shannon construct client portfolios?
Portfolios are built using publicly traded securities—individual stocks, bonds, mutual funds, and ETFs—allocated according to each client's financial plan, time horizon, and tax situation. The firm does not originate or syndicate private deals, nor does it manage commingled private-market vehicles. The investment approach is conventional fiduciary wealth management rather than alternatives-driven allocation.
Who founded Mader & Shannon, and what is their background?
Bill Mader and Jack Shannon founded the firm in 1995. Both principals had prior careers at regional banks in the Kansas City area, including Commerce Bank and UMB, before launching the independent advisory practice. The firm has not publicly announced leadership changes or expanded the partnership beyond the original founders.
Does the firm disclose assets under management?
No. Mader & Shannon does not publicly report AUM in regulatory filings, industry databases, or on its website. Without a disclosed figure, any estimate would be speculative. The firm's registration as a state-notice-filed adviser in Kansas and Missouri does not carry an AUM reporting requirement at the federal level.
Is Mader & Shannon structured as a family office?
No. The firm is a registered investment adviser, not a single-family or multi-family office. It does not manage a single family's consolidated balance sheet, operate private investment vehicles for a founding family, or provide the bundled concierge, tax, and lifestyle services associated with family-office structures. Its fiduciary obligations run to multiple unrelated clients.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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