Mbm Advisors Inc (Houston)


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.