Carl M. Hennig, INC.

Carl M. Hennig is a registered broker-dealer and investment advisor based in Oshkosh, Wisconsin, operating since 1933. Carl M. Hennig provides non-discretionary investment advisory services through two primary service packages. In the first package, advisors refer clients to third-party investment programs and platforms, such as those administered by RBC Capital Markets, where external money managers handle continuous portfolio management. In the second package, advisors at Carl M. Hennig manage client portfolios directly on a non-discretionary basis, recommending individual stocks, bonds, mutual funds, exchange-traded funds, and real estate investment trusts. The firm primarily serves individuals who are already brokerage clients, tailoring recommendations based on individual fact-finding interviews, risk tolerance, and goals. Because Carl M. Hennig is primarily a broker-dealer, advisory services represent an extension of its core brokerage business, and representatives may earn commissions or mutual fund fees in addition to advisory services.