Mbm Advisors Inc (Houston)

Name: Mbm Advisors Inc
Address: 440 Louisiana Street, Houston, TX, 77002
Telephone: 713-228-6444

Mbm Advisors Inc is a large advisory firm based in Houston. It manages $1.29 billion of regulatory assets for 496 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 45 other states.

Mbm Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mbm Advisors: assets under management

The assets under management (AUM) of Mbm Advisors Inc is $1.29 billion. The firm's AUM has grown by 736% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $126.22 million in discretionary accounts and $1.16 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.37 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.87 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mbm Advisors Inc 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.

Careers at Mbm Advisors Inc

Scott Bradley Grauer has been acting as President since 1 May 2014. Donald Robert Black joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Donald Robert Black	President/director	1 Jan 1981	75% - 100%	1059095
Dennis James Manning	Shareholder	1 Jun 1988	Other	318946
Michael Charles Perry	Shareholder	1 Mar 1998	Other	3097960
Inc. 401(K) Plan Mbm Advisors	None	1 Mar 1998	Other	76-0284819
Christopher Robert Black	Shareholder	1 Feb 1999	Other	2186558
Robert Logan Burnam	Senior vice president of operations/principal	1 Feb 2001	Other	4393184
Robert Scinta	Shareholder	1 Sep 2002	Other	1178508
Sterling Bank	Shareholder	1 Jun 2007	75% - 100%	74-1765680
Lindsey Amanda Black	Chief executive officer	1 Feb 2010	Other	4551667
Bok Financial Corporation	Direct beneficial owner	1 Apr 2014	75% - 100%	73-1373454
Donald Robert Black	Managing director	1 May 2014	Other	1059095
Robert Logan Burnam	Managing director	1 May 2014	Other	4393184
Lindsey Amanda Black	Managing director	1 May 2014	Other	4551667
Scott Bradley Grauer	Chairman	1 May 2014	Other	1509326
Diane Lacamp Jenkins	President and secretary	1 May 2014	Other	5172161
Cherie Jean Jolly	Chief compliance officer	1 May 2014	Other	1980521
Steven E. Nell	Evp and chief financial officer	1 May 2014	Other	6333385

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Sterling Bancorporation	Shareholder	1 Feb 1990	75% - 100%	51-0325266
Inc. Sterling Bancshares	Shareholder	1 Feb 1990	75% - 100%	74-2175590
George Bruce Kaiser	Indirect beneficial owner	1 Aug 2012	50% - 75%	2163602

Based in Houston

The principal office where Mbm Advisors Inc performs its advisory services is located at 440 Louisiana Street, Houston, TX 77002, 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 713-228-6444 or by fax 713-228-3448. The normal business hours are 8 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at mbm-inc.com.