Mbe Wealth Management, LLC is a large advisory firm based in Tomah. It manages $301.96 million of regulatory assets for 2,153 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, Colorado, Florida, and 5 other states.
Mbe Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mbe Wealth Management, LLC is $301.96 million. The firm's AUM has grown by 114% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Mbe Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Mbe Wealth Management is individuals with 1,457 clients and $170.07 million of assets under management. Among the 8 most similar advisory firms, Mbe Wealth Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $301.96 million for 1,516 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.
Mbe Wealth Management doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Mbe Wealth Management, LLC performs its advisory services is located at 200 W. Warren St., Tomah, WI 54660, which is also the mailing address of the firm. An additional office of the firm is in Sun Prairie, WI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 608-372-5521 or by fax 608-372-5518. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at mbewealth.com and its LinkedIn profile.