Mb, Levis & Associates,LLC (Center Valley)

Name: Mb, Levis & Associates,LLC
Address: 4647 Saucon Valley Road, Center Valley, PA, 18034
Telephone: 610-419-9690

Mb, Levis & Associates,LLC is a large advisory firm based in Center Valley. It manages $231.7 million of regulatory assets for 513 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of New Jersey, New Mexico, Pennsylvania, and Texas.

Mb, Levis & Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mb, Levis & Associates: assets under management

The assets under management (AUM) of Mb, Levis & Associates,LLC is $231.7 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 69% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $231.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $451.66 thousand each.

Mb, Levis & Associates has custody of $54.71 million in cash and securities for 45 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 59% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in state and local bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mb, Levis & Associates,LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Bruce Levis serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of John Bruce Levis is high net worth individuals with 57 clients and $194.75 million of assets under management. Among the 11 most similar advisory firms, Mb, Levis & Associates has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $231.7 million for 138 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.

Mb, Levis & Associates doesn't advise any private funds.

Careers at Mb, Levis & Associates,LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 2 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.

John Bruce Levis has been acting as President since 1 Jul 2012. Donald Joseph Sledz joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Bruce Levis	President	1 Jul 2012	50% - 75%	2326190
Leslie Ann Childs	Chief compliance officer	1 Jul 2012	Other	6062188
Mcqueen Ball & Associates Inc	Shareholder	1 Jul 2012	25% - 50%	104663
Jason Robert Henninger	Shareholder	1 Sep 2012	Other	2802899
David Sean Markle	Shareholder	1 Sep 2012	Other	5025134
William Michael Loftus	Shareholder	1 Oct 2014	Other	6422452
William M Loftus	Shareholder	1 Oct 2014	Other	6422452
Donald Joseph Sledz	Shareholder	1 Jan 2016	Other	3058322

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Jerry Blaine Mcqueen	President	1 Jul 1981	50% - 75%	725634

Based in Center Valley

The principal office where Mb, Levis & Associates,LLC performs its advisory services is located at 4647 Saucon Valley Road, Center Valley, PA 18034, 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 610-419-9690 or by fax 610-419-9691. The normal business hours are 745-445 on Monday - Friday. You can find more information about the New York firm at mblevis.com.