Mgm LLC (Albuquerque)

Name: Mgm LLC
Address: 5600 Eubank Blvd Ne, Albuquerque, NM, 87111
Telephone: 505-346-3434

Mgm LLC is a large advisory firm based in Albuquerque. It manages $103.28 million of regulatory assets for 591 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Louisiana, New Mexico, Oregon, and Texas.

Mgm provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mgm: assets under management

The assets under management (AUM) of Mgm LLC is $103.28 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 41% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $103.28 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $174.75 thousand each.

Mgm has custody of $1.6 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 43% of the total AUM. The second-largest asset type is exchange traded securities, which make up 22% of the firm’s portfolio. Investments in investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mgm 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.

What kind of clients Mgm serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Mgm is individuals with 543 clients and $86.58 million of assets under management. Among the 6 most similar advisory firms, Mgm has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $103.28 million for 560 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.

Mgm doesn't advise any private funds.

Careers at Mgm LLC

The company employs 4 people that are either part- or full-time employees. 50 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mary O'connell Mahoney	Investment advisor representative	1 Aug 2005	25% - 50%	317340
James Frank Macgillivray	Chief compliance officer	1 Aug 2005	50% - 75%	315896
Michael David Cook	Investment advisor representative	1 Aug 2005	Other	4401222
Christopher Keil Hicks	Managing member / chief compliance officer	1 Jul 2012	50% - 75%	3231318
Todd Kiyoshi Sakoda	Chief compliance officer	1 Jul 2012	Other	2588183
Todd Kiyoshi Sakoda	Chief operating officer	1 Mar 2014	Other	2588183

Based in Albuquerque

The principal office where Mgm LLC performs its advisory services is located at 5600 Eubank Blvd Ne, Albuquerque, NM 87111, which is also the mailing address of the firm. An additional office of the firm is in Portland, OR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 505-346-3434 or by fax 505-346-3435. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at mgmltdcompany.com.