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Madrid Wealth Management

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Client assets under management

$212,050,883

Clients

128

43% high-net worth

Advisors

4

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

32

Low

Average account size

$1,656,648

About

Madrid Wealth Management is a fee-only registered investment adviser with a four-advisor team managing roughly $212 million for about 128 clients. The firm serves individual and high-net-worth clients and provides wealth and investment management, financial planning, retirement plan consulting and management, and education services, while facilitating tax advisory and preparation through contracted providers.

The firm develops individualized investment policies and asset-allocation targets and provides both discretionary and non-discretionary portfolio management, including the use of outside managers and third-party platforms for customized equity and fixed-income strategies. Financial planning is offered on both project-based and ongoing engagements, and retirement-plan work can include plan design, investment review, participant education, and discretionary plan management.

Madrid’s distinctive features include an ownership affiliation with Eskew & Chelius, PC, which creates an integrated tax and accounting referral option but also a potential conflict of interest when tax services are recommended. The firm also regularly offers educational seminars and speaking engagements for groups and employers—services that are less common among comparable team firms—and was established and registered in 2024, reflecting a relatively new advisory practice.

Client services

Financial planning Portfolio management Pension consulting Educational seminars or workshops

Expertise

Wealth management College savings (529s, UTMA, etc.) Tax strategies for small businesses

Occupation focus

Founder/Business Owner Executive

Fee options

Fixed

Fixed fees starting at $3,500 for project-based financial planning; setup fee $1,500 for retirement plan management; seminars up to $5,000

Percentage

$0 - $2,500,000: 1.00% $2,500,001 - $5,000,000: 0.80% $5,000,000 - $10,000,000: 0.60% $10,000,000+: 0.40%

Project-based

Consulting hourly rate of $500 per hour

Other

Account minimum: $10,000 minimum annual fee to open or maintain an account under management (may be waived or reduced on a case-by-case basis) Minimum fee: Minimum annual fee of $10,000 to open or maintain an account (waived if using MWM’s investment management through Betterment) Fee-only: MWM is a fee-only firm; compensation only from client fees, no commissions received

Main office location

Madrid Wealth Management

9400 Holly Ave Ne, Bldg 4

Albuquerque NM 87122, United States

Number of offices

2

Most active in

Arizona · California · New Mexico · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Ross N

CFP®, PFS™, Series 65

Albuquerque, NM

Madrid Wealth Management

Ross Nettles is a CFP® and PFS™ with nine years of industry experience. He currently serves as an advisor at Madrid Wealth Management and is Vice President of Nettles Accounting Services, where he performs tax services. Prior to joining Madrid Wealth Management, he worked for REDW Wealth for eight years. Madrid Wealth Management is a fee-only registered investment adviser with a four-advisor team managing approximately $212 million for about 128 clients. The firm serves individual and high-net-worth clients, offering wealth and investment management, financial planning, retirement plan consulting, and education services, with integrated tax advisory support through contracted providers.

Wealth management College savings (529s, UTMA, etc.) Tax strategies for small businesses Founder/Business Owner Executive

Paul M

CFP®, CFA®

Albuquerque, NM

Madrid Wealth Management

Paul offers dedicated financial planning and investment consulting services. He works closely with individuals and families, employing a holistic approach that integrates wealth management with essential tax and estate planning. For institutions and Native American tribes, Paul serves as an investment consultant, providing assistance with investment policy creation, asset allocation strategies, retirement plan fiduciary oversight, and investment provider reviews. His role encompasses research, analysis, portfolio management, client service, and educational seminars. Paul holds the Chartered Financial Analyst (CFA) and CERTIFIED FINANCIAL PLANNER™ (CFP®) professional designations. He has also earned the Accredited Investment Fiduciary Analyst® (AIFA®) designation through Fi360, signifying expertise in evaluating how well investment fiduciaries meet their duties according to defined standards of care. He is a member of the CFA Institute and the CFA Society of New Mexico. Paul is also committed to his community. He is a lifetime member and 2019 graduate of Leadership New Mexico and a 2016 graduate of Leadership Albuquerque. He has previously served as Board Chair for the UNM Anderson School of Business Foundation and Finance Chair for The Full Life Foundation. Currently, Paul contributes to the Greater Albuquerque Chamber of Commerce as a board member and Chair of the Education Committee. He also serves on the board of Excellent Schools New Mexico and is an investment subcommittee member for the Presbyterian Healthcare Services board.

Inherited wealth General tax planning Trust structures (GRAT, IDGT, revocable) Founder/Business Owner Executive Gen X (Born 1965-1980)
user avatar

Reese H

CFP®, Series 63, Series 66

Scottsdale, AZ

Madrid Wealth Management

Reese Hinton is a CFP® professional with seven years of industry experience, currently serving as an advisor at Madrid Wealth Management. His prior roles include positions at Edwards & Summers Certified Public Accountants, REDW Wealth LLC, and Schwab Private Client Investment Advisory, Inc. He also operated a sole proprietorship from 2023 to 2024. Madrid Wealth Management is a fee-only registered investment adviser with a four-advisor team managing approximately $212 million for about 128 clients. The firm serves individual and high-net-worth clients, offering wealth and investment management, financial planning, retirement plan consulting, and education services, with a distinctive integration of tax and accounting referrals through an affiliated firm.

Wealth management College savings (529s, UTMA, etc.) Tax strategies for small businesses Founder/Business Owner Executive
user avatar

Bernadine S

Series 65

Albuquerque, NM

Madrid Wealth Management

Bernadine Sanchez is a Series 65-licensed financial advisor with eight years of industry experience. She has worked at REDW Wealth and its predecessor firm from 2015 to 2024, Compound Planning from 2024 to 2025, and joined Madrid Wealth Management in 2025. Madrid Wealth Management is a fee-only registered investment adviser with a four-advisor team managing approximately $212 million for about 128 clients. The firm serves individual and high-net-worth clients, offering wealth and investment management, financial planning, retirement plan consulting, and education services, supported by an affiliation with an accounting firm for integrated tax advisory.

Wealth management College savings (529s, UTMA, etc.) Tax strategies for small businesses Founder/Business Owner Executive
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