MRA Advisory Group

RIASEC RegisteredEst. 2017

Total AUM

$361M

Discretionary

$348M

96% of AUM

Avg account

$181K

Accounts

1,993

Employees

Advisory reps

Firm details

Headquarters: Sarasota, Florida
CRD number: 287933
Registered since: May 16, 2017
Website: mraadvisory.us
Custodians: RAYMOND JAMES & ASSOCIATES, INC., CHARLES SCHWAB & CO., INC., ALTRUIST FINANCIAL LLC
Fee structure: Percentage of AUM, Subscription Fees, Fixed Fees
Client types: HNWI71.19%
Individuals28.5%
Pension & Profit Sharing Plans0.31%
Services: Financial PlanningPortfolio Management for IndividualsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

MRA Advisory Group is an independent registered investment adviser formed as an LLC and registered with the SEC in 2017. The firm serves both individual and family clients as well as institutional relationships and is owned by an individual. Its advisory offerings emphasize financial planning and portfolio management for individuals and small businesses, and the firm runs educational seminars and workshops. In addition to investment advice, MRA Advisory Group conducts insurance brokerage and other financial-product sales and lists accounting among its business activities. The firm is not organized as a capital allocator and does not identify as an active ESG investor. MRA’s fee arrangements are flexible: it charges asset-based fees as well as subscription and fixed fees, suggesting a mix of traditional advisory billing and program- or service-specific pricing for certain clients or products.