Wealth manager, wrap-program sponsor · Bethesda, MD
XML Financial Group
XML Financial, LLC · SEC-registered investment adviser · CRD 284987 · SEC 801-108376
At a glance
XML Financial Group is an SEC-registered investment adviser based in Bethesda, Maryland, with $3.3 billion in regulatory assets under management as of its Form ADV filed June 2, 2026. Its largest client group by assets is individuals, and it reports 2,890 individual clients. By Form ADV it is a wealth manager (wrap-program sponsor), ranked 474th of 8,915 wealth managers and 2,671st of 17,210 SEC-registered advisers by assets.
Main office 301-770-5234xmlfg.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $3.3B
- Rank among wealth managers
- #474 of 8,915
- Rank among all SEC RIAs
- #2,671 of 17,210
- Rank in Maryland
- #38 of 227
- Individual clients
- 2,890
- High-net-worth clients
- 833
- Accounts
- 5,987
- Discretionary
- 75% of AUM
- Employees
- 54
- Advisory staff
- 26
- Offices
- 26
Owners and executives on its Form ADV
- Brett S. BernsteinChief Executive Officer
- Robert D. KantorChief Investment Officer
- Curtis J. CongdonPresident
- Jennifer L. SzaroChief Compliance Officer
- Mark D. SamsonPrincipal
- Todd KullenChief Operating Officer
- ALEXANDRA KantarskiMember
- Jason E. KlopmanMember
Custody and brokerage
Broker-dealer
Hybrid RIA
XML Financial Group is a hybrid RIA: 27 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: XML Securities, LLC.
- XML Securities, LLC ↗CRD 145589
An introducing broker-dealer: its trades clear through another firm, which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026
Its Form ADV brochure (filed June 2026) names XML Securities as the broker-dealer its advisers are registered with.
The IARs who are dually licensed financial professionals, are able to provide securities brokerage products and services under separate commission-based arrangements in their capacity as a registered representative of the BD.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 2,057 | $1.8B | 55% |
| High-net-worth individuals | 833 | $1.4B | 41% |
| Corporations or other businesses | 19 | $79M | 2% |
| Pension and profit sharing plans | 22 | $26M | <1% |
| Charitable organizations | 13 | $8M | <1% |
Disciplinary disclosures
XML Financial Group reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗xmlfg.com ↗
AtlasMembers
The full record on XML Financial Group
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 9 years of filings
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- Growth over one, three and five years
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- Rank against 1,234 peers of its type and size
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- Owners and executives, with titles and stakes
- 8 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does XML Financial Group manage?
XML Financial Group reports $3.3 billion in regulatory assets under management across 5,987 accounts, 75% of it on a discretionary basis, on its Form ADV filed June 2, 2026.
What kind of firm is XML Financial Group?
XML Financial Group is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are XML Financial Group’s clients?
By assets, its largest client types are individuals ($1.8 billion, 2,057 clients); high-net-worth individuals ($1.4 billion, 833 clients); corporations or other businesses ($79 million, 19 clients).
Does XML Financial Group have any disciplinary history?
XML Financial Group reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is XML Financial Group’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-06-02), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →