# Magellan Financial Solutions

Magellan Financial Solutions is a Bank / Wealth / Trust based in Warwick, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Warwick, United States
- **Region:** North America
- **Address:** Warwick, RI, United States
- **Founded:** 2009
- **Assets under management:** Undisclosed
- **Website:** magellanfinancialsolutions.com
- **LinkedIn:** https://www.linkedin.com/company/magellan-financial-solutions-llc

## Regulatory record

- **CRD number:** 169107
- **SEC file number:** 801-129921
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-05T06:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/169107

## About

Founded in 2009, Magellan Financial Solutions established its practice in Warwick, Rhode Island, serving individuals, high-net-worth families, corporations, and charitable organizations. The firm was built as a classic registered investment advisor (RIA) focused on financial planning and discretionary portfolio management rather than alternative asset origination or principal investing. The firm's strategy centers on investment advisory services, constructing portfolios across public equities and fixed income, with allocation decisions tailored to individual client risk profiles. Magellan does not publicly market direct private investments, venture funds, or real asset platforms. Its investment committee, whose composition is not publicly disclosed, selects external managers and constructs asset allocations for client accounts. The geographic focus remains domestic, serving primarily New England-based clients from its Rhode Island office. The firm's scale is held privately; it does not publish assets under management or total client counts. Public filings confirm its registration with the SEC and state securities authorities, but the absence of self-reported figures places it among the quieter local advisory shops in the region. Magellan's structural differentiator is its independence — it is not affiliated with a bank, insurance company, or broker-dealer conglomerate. That unbundled posture theoretically eliminates product-push incentives, aligning the firm more closely with fee-only fiduciary advice.

## Questions

### Is Magellan Financial Solutions a fiduciary?

As a registered investment advisor (RIA) regulated by the SEC or state securities authorities, Magellan Financial Solutions is held to a fiduciary standard when managing discretionary client accounts. This means the firm is legally obligated to place client interests ahead of its own in investment decisions. The firm's independent structure — lacking a parent bank or broker-dealer — reinforces this separation.

### Who owns Magellan Financial Solutions?

Ownership details for Magellan Financial Solutions are not publicly disclosed. The firm was established in 2009 and operates as a privately held entity from Warwick, Rhode Island. No outside private equity backing or institutional parent is evident in its regulatory filings.

## Related profiles

- [MAG Mutual Insurance Company](https://altss.com/profile/mag-mutual-insurance-company)
- [Magenta Advisors](https://altss.com/profile/magenta-advisors)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/magellan-financial-solutions

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology