Mokan Wealth Management Inc
- Regulatory AUM
- $250M
- Discretionary
- $250M
- Clients
- 173
- Avg AUM / client
- $1.4M
- Accounts
- 704
- Employees
- 4
AUM over time
Annual snapshots from Form ADV filings · as of Jan 28, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 80 | $49.1M | 19.6% |
| High net worth individuals | 93 | $201M | 80.4% |
People (2)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Kyle Thomas Hammerschmidt | Owner & Cco | Jan 2017 (10y) | 75% or more | |
| Megan Elizabeth Ramshaw | Registered representative | CFP | Mar 2025 (1y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 01/28/2026 | 1.02 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE ENFORCEMENT SECTION ALLEGES THAT THE FAILURE BY HAMMERSCHMIDT, DURING THE RELEVANT PERIOD, TO REGISTER IN MISSOURI AS AN IAR VIOLATED SECTION 409.4-404(A), WHICH MAKES IT UNLAWFUL FOR AN INDIVIDUAL TO TRANSACT BUSINESS IN MISSOURI AS AN IAR UNLESS THE INDIVIDUAL IS REGISTERED OR EXEMPT FROM REGISTRATION UNDER THE ACT. THE ENFORCEMENT SECTION ALLEGES THAT THE FAILURE BY MOKAN, DURING THE RELEVANT PERIOD, TO REGISTER AS AN IA IN MISSOURI VIOLATED SECTION 409.4-403(A), WHICH MAKES IT UNLAWFUL FOR A PERSON TO TRANSACT BUSINESS IN MISSOURI AS AN IA UNLESS THE PERSON IS REGISTERED OR EXEMPT FROM REGISTRATION UNDER THE ACT. THE ENFORCEMENT SECTION ALLEGES THAT MOKAN'S ASSOCIATION WITH HAMMERSCHMIDT, DURING THE RELEVANT PERIOD, VIOLATED SECTION 409.4-403(D), WHICH MAKES IT UNLAWFUL FOR AN IA TO EMPLOY OR ASSOCIATE WITH AN INDIVIDUAL REQUIRED TO BE REGISTERED UNDER THE ACT AS AN IAR WHO TRANSACTS BUSINESS IN MISSOURI ON BEHALF OF THE IA, UNLESS THE INDIVIDUAL IS REGISTERED OR EXEMPT FROM REGISTRATION UNDER THE ACT. Status: Final Sanction Detail: A MONETARY FINE OF $26,286.55 WAS LEVIED AGAINST THE FIRM. THE FINE WAS PAID IN ITS ENTIRETY ON APRIL 8, 2024. Summary: THE FIRM HAS ACCEPTED THE CONSENT ORDER AND PAID THE FINE.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- Truist Financial Corp $250M (100% of AUM) Jan 2026
- Altruist Financial $250M (100% of AUM) Jan 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jan 28, 2026.
View current Form ADV (SEC/IAPD) ↗