Madden Funds Management

Updated today

Find your advisor

Client assets under management

$217,874,913

Clients

167

34% high-net worth

Advisors

of 3 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Typical

Average account size

$1,304,640

About

Madden Funds Management provides discretionary investment supervisory services and financial planning to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and corporations. As of December 31, 2025 the firm reported $217,874,913 in discretionary assets under management, serves clients through a three-advisor team, and maintains a negotiable account minimum of $100,000.

The firm emphasizes customized portfolios with long-term capital appreciation and income objectives, primarily implementing diversified asset class allocations using Dimensional Fund Advisors funds and Fidelity funds for fixed income and S&P exposure. Portfolios are implemented through a qualified custodian on an institutional platform, may employ margin, and the firm treats cash and cash equivalents as part of assets under management while monitoring accounts with monthly custodian statements and quarterly performance/position reports.

Distinctive aspects disclosed in the brochure include a 2021 SEC enforcement action resolving the firm’s failure to timely file and deliver Form CRS, which resulted in a $25,000 civil penalty, a censure, and a cease-and-desist order. The firm also documents its periodic written client communications (monthly statements and quarterly reviews), does not aggregate brokerage orders for clients, and does not vote client proxies—operational choices that differ from many peers.

Client services

Financial planning Portfolio management Newsletters or periodicals

Expertise

General retirement planning Income planning Wealth management Active portfolio management

Fee options

Percentage

$0 - $1,000,000: 0.25% $1,000,000 - $2,500,000: 0.20% $2,500,000 - $5,000,000: 0.175% $5,000,000 - $10,000,000: 0.15% $10,000,000+: 0.1375%

Other

Account minimum: $100,000 Fee-only: Investment supervisory services charged based on tiered percentage of assets under management; financial planning services are provided at no charge.

Main office location

Madden Funds Management

1010 Lake Street Suite 604

Oak Park IL 60301, United States

Number of offices

Most active in

Illinois

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website 708-848-3200

Advisors at this firm

Michael M

Series 65

Oak Park, IL

Madden Funds Management

Michael Madden is a financial advisor at Madden Funds Management with 26 years of industry experience. He holds a Series 65 designation and has been with Madden Funds Management since 1994. The firm provides financial planning and discretionary investment management to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and businesses. Madden Funds Management focuses on tailored investment programs using asset-class funds managed primarily by Dimensional Fund Advisors, supplemented by Fidelity funds, with an emphasis on diversification and long-term holdings.

General retirement planning Income planning Wealth management Active portfolio management

Daniel M

Series 65

Oak Park, IL

Madden Funds Management

Daniel Madden is a Series 65-licensed financial advisor with 18 years of industry experience. He has been with Madden Funds Management since 2000. Madden Funds Management provides financial planning and discretionary investment management to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and businesses. The firm uses asset-class funds primarily managed by Dimensional Fund Advisors, supplemented by Fidelity funds, focusing on diversification and long-term holdings.

General retirement planning Income planning Wealth management Active portfolio management

Joseph M

Series 65

Oak Park, IL

Madden Funds Management

Joseph Madden is a financial advisor at Madden Funds Management with 28 years of industry experience. He holds the Series 65 designation and operates out of Oak Park, Illinois. Madden Funds Management provides financial planning and discretionary investment management to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and businesses. The firm focuses on tailored investment programs using asset-class funds primarily managed by Dimensional Fund Advisors, supplemented with Fidelity funds, emphasizing diversification and long-term holdings.

General retirement planning Income planning Wealth management Active portfolio management

Not sure where to start?

We'll help you think it through – whether you ultimately need an advisor or not.

Call (201) 292-4557

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

Find the right match for you

Answer a few quick questions and we'll tailor results to your goals, so you can hire smarter.

Find your advisor

A smarter way to hire an advisor

Compare and choose confidently

Warmer combines best-in-class advisor data with guidance to help you clarify what you need, understand why an advisor may—or may not—fit, and move forward with confidence.

How Warmer works

Thoughtfully vetted, clearly explained

We review rigorously and transparently

Get to know your advisors' credentials, disciplinary history, specialization, client fit, and communication style. We're selective about who we recommend—and tell you why we think someone fits your situation.

Our methodology

Always free and always on your side

Free. Confidence that lasts

We help you book free consultations with your matches. You only pay an advisor if you decide to hire them. And our support doesn't end with an introduction—we're here to make sure the relationship works for you—and if not, to navigate next steps with clarity.

Our ongoing support