MB GEN WEALTH

RIASEC RegisteredEst. 2023

Total AUM

$404M

Discretionary

$278M

69% of AUM

Avg account

$1M

Accounts

398

Employees

Advisory reps

Firm details

Headquarters: SPOKANE, Washington
CRD number: 327967
Registered since: September 7, 2023
Website: www.mbgenwealth.com
Custodians: NATIONAL FINANCIAL SERVICES LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM
Client types: HNWI95.23%
Individuals3.05%
Charitable Organizations1.28%
Corporations / Businesses0.44%
Services: Financial PlanningPortfolio Management for Individuals

Firm profile

FINTRX

Overview

MB Gen Wealth is an independent registered investment adviser that began SEC registration in 2023 and operates as a limited liability company. The firm serves individual and family clients as well as institutional investors, providing financial planning and portfolio management for individuals and small businesses. Its compensation is based on a percentage of assets under management. MB Gen Wealth is not positioned as an ESG-focused manager, does not operate across multiple states, and is not a pension consultant or related adviser. The firm is also active as an issuer or manager of pooled vehicles, acting in roles such as sponsor, general partner, or managing member. Its business activities include other financial product sales, indicating a capacity to work with third-party products in addition to advisory services.