Mmbg Investment Advisors Co. (Miami)

Mmbg Investment Advisors Co. is a large advisory firm based in Miami. It manages $495.11 million of regulatory assets for 54 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Florida.

Mmbg Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mmbg Investment Advisors: assets under management

The assets under management (AUM) of Mmbg Investment Advisors Co. is $495.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 38% since the beginning of its operation, and $431.98 million of the total AUM is attributable to clients outside of the United States.

The firm manages $495.11 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $9.17 million each.

Investments

The firm invests in exchange traded securities the most. They account for 47% of the total AUM. The second-largest asset type is investment and business development companies, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mmbg Investment Advisors Co. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mmbg Investment Advisors serves?

The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Mmbg Investment Advisors is corporations or other businesses with 20 clients and $180.94 million of assets under management. Among the 12 most similar advisory firms, Mmbg Investment Advisors has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $262.24 million for 32 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 92% of the firm’s clients are foreign persons or businesses.

Mmbg Investment Advisors doesn't advise any private funds.

Careers at Mmbg Investment Advisors Co.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. No 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
Controladora Mg Internacional S.A.P.I. De C.V.	Sole shareholder	1 Aug 2016	75% - 100%	foreign
Andres Aguilar Calvo	Principal officer and chief compliance officer	1 Aug 2016	Other	6708677

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mauricio Morales Sada	Shareholder	1 Jun 2016	50% - 75%	6708681
Bernardo Luis Guerra Treviño	Shareholder	1 Jun 2016	50% - 75%	6708691

Based in Miami

The principal office where Mmbg Investment Advisors Co. performs its advisory services is located at 1221 Brickell Avenue, Miami, FL 33131, 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 305-374-0704. The normal business hours are 9:00 - 18:00 on Monday - Friday.