Mbm Wealth Consultants, LLC is a large advisory firm based in Chesterfield. It manages $129.36 million of regulatory assets for 706 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Colorado, Illinois, Missouri, and Texas.
Mbm Wealth Consultants provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mbm Wealth Consultants, LLC is $129.36 million. The firm's AUM has grown by 23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Mbm Wealth Consultants, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Mbm Wealth Consultants is high net worth individuals with 40 clients and $66.37 million of assets under management. Among the 8 most similar advisory firms, Mbm Wealth Consultants has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $129.36 million for 377 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Mbm Wealth Consultants doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Mbm Wealth Consultants, LLC performs its advisory services is located at 400 Chesterfield Center, Chesterfield, MO 63017, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (636) 274-6262. The normal business hours are 9:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at mbmwealth.com.