DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

M•• F••••••••

Independent wealth managerHouston, TexasCRD 168333SEC 801-78364websiteIAPD
Legal name M••••••• B•••• R••••••• F••••••••• I•••
Latest filing Mar 20, 2026
First filing on the tape Jul 17, 2013 · 27 filings
SEC status approved since Jul 29, 2013
RAUM
$956M
reported, Item 5.F
Discretionary
81%
of RAUM
Private clients
100%
$956M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$159M
derived; firm RAUM over IAPD count
Employees
10
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$956M as of Mar 20, 2026
Mar 28, 2014$444M then
HNW client RAUM$873M as of Mar 20, 2026
Mar 28, 2018$493M then
State-registered IARs (5.B.3)5 as of Mar 20, 2026
Mar 28, 20145 then
Employees (5.A)10 as of Mar 20, 2026
Mar 28, 20149 then
Private funds: no history
RAUM +10% over the last fiscal year+12% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Mar 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$159MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
80derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.8MderivedHNW RAUM over HNW clients
Average account
$630,864derivedRAUM over accounts (5.F.2.f)
Discretionary
81%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+10%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.1%derived
Compensation
percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$873M91%
  • Individuals$83.5M8.7%
Individual clients
248reported
HNW clients
232reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,516reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S••••• R•••••••Chartered Financial AnalystHouston, TxJul 29, 201319 y2
A••••• B•••••• B••••Houston, TxJul 29, 201335 y2
M••• K•••••• M•••••••Certified Financial PlannerHouston, TxJul 29, 201334 y3
D••••• J•••• B•••••Houston, TxNov 18, 201340 y2
C••••••••• G••••• D••••Certified Financial PlannerHouston, TxMar 25, 201514 y1
J••• B•••••• B••••Houston, TxDec 5, 202515 y0
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B•••••• D•••••• J•••• · Principalcontrol
    since 01/2015 · owns 25% to 50%
  • B••••• A•••••• B•••••• · Principalcontrol
    since 09/2011 · owns 25% to 50%
  • M•••••••• M•••• K•••••• · Principalcontrol
    since 09/2011 · owns 25% to 50%
  • R•••••••• S••••• · Principal, Chief Compliance Officercontrol
    since 09/2011 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Houston, Tx · principal610
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 1,396 to 1,516
    Mar 21, 2025 to Mar 20, 2026
  • HNW clients · 215 to 232
    Mar 21, 2025 to Mar 20, 2026
  • Individual clients · 233 to 248
    Mar 21, 2025 to Mar 20, 2026
  • Discretionary RAUM · $693M to $773M
    Mar 21, 2025 to Mar 20, 2026
  • HNW RAUM · $785M to $873M
    Mar 21, 2025 to Mar 20, 2026
  • Individual RAUM · $82.7M to $83.5M
    Mar 21, 2025 to Mar 20, 2026
  • Non-discretionary RAUM · $175M to $183M
    Mar 21, 2025 to Mar 20, 2026
  • RAUM · $868M to $956M
    Mar 21, 2025 to Mar 20, 2026
  • Accounts · 1,357 to 1,396
    Mar 15, 2024 to Mar 21, 2025
  • Advisory employees · 5 to 6
    Mar 15, 2024 to Mar 21, 2025
  • HNW clients · 200 to 215
    Mar 15, 2024 to Mar 21, 2025
  • Individual clients · 240 to 233
    Mar 15, 2024 to Mar 21, 2025
  • Financial planning clients · 1-10 to 1-10
    Mar 15, 2024 to Mar 21, 2025
  • Discretionary RAUM · $616M to $693M
    Mar 15, 2024 to Mar 21, 2025
  • HNW RAUM · $701M to $785M
    Mar 15, 2024 to Mar 21, 2025
  • Individual RAUM · $83.7M to $82.7M
    Mar 15, 2024 to Mar 21, 2025
  • Non-discretionary RAUM · $168M to $175M
    Mar 15, 2024 to Mar 21, 2025
  • RAUM · $784M to $868M
    Mar 15, 2024 to Mar 21, 2025
  • Accounts · 1,248 to 1,357
    Mar 22, 2023 to Mar 15, 2024
  • HNW clients · 184 to 200
    Mar 22, 2023 to Mar 15, 2024
  • Individual clients · 229 to 240
    Mar 22, 2023 to Mar 15, 2024
  • Employees · 9 to 10
    Mar 22, 2023 to Mar 15, 2024
  • Discretionary RAUM · $549M to $616M
    Mar 22, 2023 to Mar 15, 2024
  • HNW RAUM · $605M to $701M
    Mar 22, 2023 to Mar 15, 2024
  • Individual RAUM · $77.7M to $83.7M
    Mar 22, 2023 to Mar 15, 2024
  • Non-discretionary RAUM · $133M to $168M
    Mar 22, 2023 to Mar 15, 2024
  • RAUM · $682M to $784M
    Mar 22, 2023 to Mar 15, 2024
  • Accounts · 1,207 to 1,248
    Mar 31, 2022 to Mar 22, 2023
  • HNW clients · 205 to 184
    Mar 31, 2022 to Mar 22, 2023
  • Individual clients · 185 to 229
    Mar 31, 2022 to Mar 22, 2023
  • Pension plan clients · 6.0 to unset
    Mar 31, 2022 to Mar 22, 2023
  • Commission compensation · true to false
    Mar 31, 2022 to Mar 22, 2023
  • Assets in custody · 524775191.0 to unset
    Mar 31, 2022 to Mar 22, 2023
  • Custody of client assets · true to false
    Mar 31, 2022 to Mar 22, 2023
  • Discretionary RAUM · $658M to $549M
    Mar 31, 2022 to Mar 22, 2023
  • HNW RAUM · $735M to $605M
    Mar 31, 2022 to Mar 22, 2023
  • Individual RAUM · $65.4M to $77.7M
    Mar 31, 2022 to Mar 22, 2023
  • Non-discretionary RAUM · $153M to $133M
    Mar 31, 2022 to Mar 22, 2023
  • Pension RAUM · 10332355.0 to unset
    Mar 31, 2022 to Mar 22, 2023
  • RAUM · $810M to $682M
    Mar 31, 2022 to Mar 22, 2023
Signals
1 dated events
  • M••••••• B•••• R••••••• F••••••••• I••• filed its initial SEC registration (Form ADV)
    Jul 17, 2013 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business email
debbie@mbrfinancial.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
janet@mbrfinancial.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
nihita@mbrfinancial.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
832-667-8787reportedpublished by the firm, firm site, Sep 15, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
832-667-8787reportedpublic record, Form ADV, Mar 20, 2026
Contact form
mbrfinancial.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
Team page
mbrfinancial.com/who-we-are/our-teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$159Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026