Mgd
MGD Wealth is a privately-held Australian wealth management and family office advisory firm serving ultra-high-net-worth business families and family offices, managing $2.2B+ in funds under advice across four governance pillars and five operating divisions.
- Company typePrivate
- Founded1976
- HeadquartersSouth Brisbane, Australia
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Mgd does
MGD Wealth is a privately-held Australian financial services group headquartered in South Brisbane that provides bespoke wealth management, family office, and family enterprise governance advisory services to ultra-high-net-worth business families and family offices. Founded in 1976, the firm reports $2.2 billion+ in funds under advice and client relationships spanning 35+ years across multiple generations. The business is family-controlled (Schmidt family) and operates under Australian Financial Services Licence 222600, with 51–100 employees.
The platform is organised around a core MGD Private division delivering a proprietary four-pillar Family Enterprise Governance framework (Family Governance, Corporate Governance, Investment Governance, Advice Partnerships), supported by wholly-owned subsidiaries MGD Lending Solutions, MGD Tax, and adjacent service lines MGD Capital Solutions and MGD People Protect. Revenue is generated through advisory retainers and likely funds-under-advice fee arrangements on $2.2B+ in client assets, though specific fee structures are not publicly disclosed. Distribution is exclusively high-touch and referral-driven within the Australian UHNW community; there are no self-serve, digital, or marketplace acquisition channels.
Notable leadership includes Brett Schmidt (Executive Chairman), Stephen Furness (CIO, recognised in Barron's Top 150 Adviser list 2024), Paul Bodimeade (Head of Corporate Finance), and Ling Dias (Head of Tax). The firm does not disclose proprietary technology, AI capabilities, or API integrations. A high-profile public client relationship with five-time MotoGP World Champion Mick Doohan AM (since 1998) is used as testimonial evidence of long-tenured stewardship.
Mgd firmographics
Firmographics- Name
- Mgd
- Legal name
- MGD Wealth Ltd
- Website
- https://mgdprivate.com.au
- Company type
- Private
- Founded year
- 1976
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- MGD Wealth is a privately-held Australian wealth management and family office advisory firm serving ultra-high-net-worth business families and family offices, managing $2.2B+ in funds under advice across four governance pillars and five operating divisions.
- Ownership category
- akta.pro rank
Mgd industry classification
Industry- Product category
- Private Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH)
- akta.pro secondary industries
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Tax-Focused Wealth Management RIAs (FSAAACAD)
Keywords
Where Mgd is headquartered
LocationHeadquarters
- HQ city
- South Brisbane
- HQ country
- Australia
- HQ region
- Oceania
Markets served
Mgd business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Advisory and Wealth Management Fees: MGD Private generates revenue through bespoke advisory services delivered to ultra-high-net-worth families, family offices, and business families. Given the nature of the services (family enterprise governance, investment committee chairing, tax advisory, corporate finance), the revenue model is likely a combination of retainer/advisory fees and potentially percentage-of-AUM (funds under advice) arrangements, though specific fee structures are not publicly disclosed.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Mgd product offering
Product offeringCore offering
MGD Wealth is an Australian financial services firm that delivers private wealth management and family office services to ultra-high-net-worth business families. Its core offering, MGD Private, is delivered through a Family Enterprise Governance framework covering family governance, corporate governance, investment governance, and access to specialist advice partnerships, and is supported by specialist divisions for lending (MGD Lending Solutions), capital solutions (MGD Capital Solutions), wealth protection (MGD People Protect), and tax advisory (MGD Tax).
Product overview
MGD Wealth is a financial services group operating as a unified platform with multiple integrated divisions. The core offering is MGD Private, which provides private wealth management and family office services for high-net-worth business families. Supporting this core are specialist divisions: MGD Lending Solutions (lending services), MGD Capital Solutions (capital management), MGD People Protect (wealth protection), and MGD Tax (tax advisory). The Family Enterprise Governance Framework, delivered through MGD Private, provides the structural overlay across all services—encompassing Family Governance, Corporate Governance, Investment Governance, and Advice Partnerships.
Differentiator
Problem solved
Functional benefit
Products and services
- MGD Private Private wealth management and family office services for Australia's leading business families, delivered through a Family Enterprise Governance framework covering family governance, corporate governance, investment governance, and access to specialist advice partnerships. The offering either advises the existing family office or acts as the family office.
- MGD Lending Solutions
Companies that use Mgd
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Mgd technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mgd partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Legal, Tax, Investment, Governance, and Transaction Specialists (Open Network)coreMGD Private maintains an open-architecture model partnering with a curated tier of legal, tax, investment, governance, and transaction specialists typically accessible only through institutional networks. These advisory relationships are trusted, curated, and selected to align with each family's enterprise strategy, providing access to the right expertise at the right time without limitation.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Mgd competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Mgd social profiles
Digital presenceMgd financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mgd leadership team
Management profileNumber of profiles
Profiles8 records
Mgd subsidiaries and ownership
Company hierarchySubsidiaries3 records
Mgd funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mgd M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mgd
What does Mgd do?
MGD Wealth is an Australian financial services firm that delivers private wealth management and family office services to ultra-high-net-worth business families. Its core offering, MGD Private, is delivered through a Family Enterprise Governance framework covering family governance, corporate governance, investment governance, and access to specialist advice partnerships, and is supported by specialist divisions for lending (MGD Lending Solutions), capital solutions (MGD Capital Solutions), wealth protection (MGD People Protect), and tax advisory (MGD Tax).
Is Mgd a public or private company?
Mgd is a private company. It is classified as family owned and is currently operating.
When was Mgd founded?
Mgd was founded in 1976. It employs 51 to 100 people.
Where is Mgd based?
Mgd is headquartered in South Brisbane, Australia, in the Oceania region.
How does Mgd make money?
One revenue line is on record: advisory and Wealth Management Fees.
Does Mgd have an API?
No public API is recorded for Mgd.
What industry is Mgd in?
Mgd's product category is Private Wealth Management. Its primary akta.pro industry code is FSAAACAH, Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite), with a secondary code of FSAEABAA, Registered Investment Advisor (RIA) Wealth Management. Its NAICS code is 523940 and its SIC code is 6282.