Mbo Advisors LLC (Milwaukee)

Mbo Advisors LLC is a large advisory firm based in Milwaukee. It manages $1.57 billion of regulatory assets for 67 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and Wisconsin.

Mbo Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.

Mbo Advisors: assets under management

The assets under management (AUM) of Mbo Advisors LLC is $1.57 billion. The firm's AUM has grown by 4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $388.9 million in discretionary accounts and $1.18 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $9.49 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $45.48 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mbo Advisors LLC for their services and products based on a percentage of assets under management 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.

Careers at Mbo Advisors LLC

Maureen Busby Oster has been acting as President since 1 Jun 1998. Inc. Lipper Advisory Services joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Maureen Busby Oster	President	1 Jun 1998	50% - 75%	1560361
Inc. Lipper Advisory Services	Member	1 Jun 1998	25% - 50%	22-2382539

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
A Michael Lipper	President/sole owner	1 Dec 1981	75% - 100%	310482

Based in Milwaukee

The principal office where Mbo Advisors LLC performs its advisory services is located at 735 N Water Street, Suite 727, Milwaukee, WI 53202, 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 414-276-9070 or by fax 414-276-9177. The normal business hours are 8:00 a.m.-5:00 p.m. on Monday - Friday.