Carl M. Hennig, Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Carl M. Hennig, Inc. is a small SEC‑registered broker‑dealer and state‑registered investment adviser with two advisory representatives overseeing roughly 24 advisory clients and about $24.7 million in reported assets. The firm offers two service packages: a referral‑based advisory arrangement that places brokerage clients into third‑party programs and an in‑house, non‑discretionary advisory service covering equities, fixed income, REITs, mutual funds and ETFs.
The firm primarily provides non‑discretionary recommendations, requiring client authorization for each trade, and monitors third‑party managers on an ongoing basis. For referral clients CMH places accounts into several RBC Capital Markets programs (RBC UP, RBC Advisor, Consulting Solutions) that use overlay or third‑party money managers, while CMH retains oversight and delivers periodic written reports.
Noteworthy aspects compared with peers include its primary role as a broker‑dealer (brokerage activities account for the majority of firm time and income) and that advisory revenue is reported to be less than half of total revenue; CMH also accepts 12b‑1 fees and receives a portion of fees from referred advisers. The firm discloses two regulatory items in its history (FINRA/NASD actions in 2005 related to compliance and AML oversight and a 1987 trade‑reporting matter) and maintains mainly non‑discretionary AUM (24 non‑discretionary accounts totaling about $23.7M as of December 31, 2024).
Client services
Expertise
Fee options
$0+: 0.5% to 3.0% annually, negotiable and inclusive of transaction fees for RBC Programs $0+: 0.5% to 3.0% annually, negotiable for Managed Account program, not inclusive of third-party management fees
Firm is primarily a broker dealer and earns commissions and 12b-1 fees from mutual fund sales separate from advisory fees
Account minimum: $1,000,000 for service package 1 (due to typical client profile, not firm requirement), $10,000 for service package 2 (not a firm requirement) Minimum fee: Minimum fee per account of $125 annually for RBC programs; $300 annually for Managed Account program
Main office
206 N Main Street
Oshkosh WI 54901-4815
Advisors at this office
3
Most active in
Wisconsin
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Darin W
Series 63, Series 66
Oshkosh, WI
Carl M. Hennig, Inc.
Darin Walter is a financial advisor at Carl M. Hennig, Inc. with 16 years of industry experience. He holds Series 63 and Series 66 licenses and worked at RBC Capital Markets for 12 years prior to joining his current firm. Carl M. Hennig, Inc. is a small SEC-registered broker-dealer and state-registered investment adviser serving approximately 24 advisory clients with around $24.7 million in assets. The firm primarily provides non-discretionary advisory services and referral-based brokerage arrangements, focusing on equities, fixed income, REITs, mutual funds, and ETFs.
Ryan G
Series 63, Series 65
Oshkosh, WI
Carl M. Hennig, Inc.
Ryan Gravunder is a financial advisor with Carl M. Hennig, Inc. holding Series 63 and Series 65 licenses and has four years of industry experience. Prior to his advisory role, he worked at All In One Insurance Group for eight years and spent time with Caren Reich State Farm Agency and Kwik Trip Gas Station. Carl M. Hennig, Inc. is a small SEC-registered broker-dealer and state-registered investment adviser serving approximately 24 clients with around $24.7 million in assets. The firm primarily provides non-discretionary investment recommendations and manages client accounts through a mix of in-house services and third-party program referrals.
Kurt C
Series 63, Series 65
Oshkosh, WI
Carl M. Hennig, Inc.
Kurt Caramanidis is a financial advisor with Carl M. Hennig, Inc. in Oshkosh, WI, holding Series 63 and 65 credentials and having 25 years of industry experience. He has been with Carl M. Hennig, Inc. since 2009 and has worked with Northwestern Mutual Investment Management and Northwestern Mutual, Inc. since 2000. Carl M. Hennig, Inc. is a small SEC-registered broker-dealer and state-registered investment adviser serving about 24 clients with $24.7 million in reported assets. The firm primarily delivers non-discretionary advisory services and referral-based arrangements, overseeing third-party managers and offering investments across equities, fixed income, REITs, mutual funds, and ETFs.
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