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.

SEC-registered adviser

Mbm Wealth Consultants, LLC

Independent wealth managerChesterfield, MissouriCRD 169091SEC 801-112994websiteIAPD
Latest filing May 27, 2026
First filing on the tape Mar 28, 2018 · 34 filings
SEC status approved since Apr 27, 2018
RAUM
$477M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$453M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$47.7M
derived; firm RAUM over IAPD count
Employees
15
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$477M as of May 27, 2026
Mar 27, 2019$129M then
HNW client RAUM$302M as of May 27, 2026
Mar 27, 2019$66.4M then
State-registered IARs (5.B.3)9 as of May 27, 2026
Mar 27, 20196 then
Employees (5.A)15 as of May 27, 2026
Mar 27, 201911 then
Private funds: no history
RAUM +14% over the last fiscal year+26% a year over threeIARs 6 to 9
Practice profile
derived from the filing of May 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
$47.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
60derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$293,513derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
4.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
10.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
+50%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.7%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Custody
$25.2M, 13 clientsreportedItem 9.A
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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$302M63%
  • Individuals$151M32%
  • Pension and profit-sharing plans$19.4M4.1%
  • Charitable organizations$2.8M0.6%
  • Corporations and businesses$1.3M0.3%
Individual clients
473reported
HNW clients
131reported
Pension plan clients
28reported
Charitable clients
8reported
Accounts
1,624reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$25.2M for 13 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Matthew Aaron LapidesChesterfield, MoNov 30, 201322 y3
Matthew Lawrence WesthoffCertified Financial PlannerChesterfield, MoNov 30, 201321 y2
William Robert WeckbackCertified Financial PlannerChesterfield, MoNov 30, 201329 y2
Andrew MccluerCertified Financial PlannerChesterfield, MoDec 13, 202214 y3
Maria AlvarezCertified Financial PlannerChesterfield, MoDec 15, 202212 y1
Geoffrey EikmannChartered Financial AnalystChesterfield, MoAug 17, 202312 y1
Andrew Steven KowalChesterfield, MoMay 1, 202511 y3
Jesse Quinn DusablonSt. Johns, Fl Apr 17, 202612 y2
Justin Scott FowlerCertified Financial PlannerChesterfield, MoMay 1, 202624 y2
Elizabeth S IsaacsGlendale, Ca Jun 25, 202613 y1
Advisor movement
1 left, 3 joined in 12 months
net +2 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 10% of current headcount1 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Aaron Matthew Lapides · Principal, Chief Compliance Officercontrol
    since 11/2013 · owns less than 5%
  • Lawrence Matthew Westhoff · Principalcontrol
    since 11/2013 · owns less than 5%
  • Aaron Matthew Lapides · Membercontrol
    since 01/2020 · owns 50% to 75% of Mbm Wealth Group, LLC
  • Lawrence Matthew Westhoff · Membercontrol
    since 01/2020 · owns 50% to 75% of Mbm Wealth Group, LLC
Entity owners
  • Mbm Wealth Group, LLC · Sole Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • Mbm Insurance Services, LLC
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Chesterfield, Mo · principal1031
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • advisor count surgeChange between filings · filing Apr 10, 2026
    advisory representatives (Item 5.B.3) moved from 6.0 to 9.0 (+50.0%) between the annual amendments of 2025-03-20 and 2026-04-10; the peer median change was 0.0% (965 comparable advisers, 97.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (965) · 97% percentile
What changed
consecutive filings, newest first
  • Other offices · 1 to 0
    Apr 10, 2026 to May 27, 2026
  • Advisory employees · 6 to 7
    Mar 27, 2026 to Apr 10, 2026
  • Employees · 13 to 15
    Mar 27, 2026 to Apr 10, 2026
  • State-registered IARs · 6 to 9
    Mar 27, 2026 to Apr 10, 2026
  • Other offices · 0 to 1
    Mar 27, 2026 to Apr 10, 2026
  • Accounts · 1,542 to 1,624
    Nov 14, 2025 to Mar 27, 2026
  • Charity clients · 7 to 8
    Nov 14, 2025 to Mar 27, 2026
  • Corporate clients · 1 to 2
    Nov 14, 2025 to Mar 27, 2026
  • HNW clients · 115 to 131
    Nov 14, 2025 to Mar 27, 2026
  • Individual clients · 451 to 473
    Nov 14, 2025 to Mar 27, 2026
  • Assets in custody · $12.8M to $25.2M
    Nov 14, 2025 to Mar 27, 2026
  • Employees · 11 to 13
    Nov 14, 2025 to Mar 27, 2026
  • Financial planning clients · 101-250 to 251-500
    Nov 14, 2025 to Mar 27, 2026
  • Discretionary RAUM · $418M to $477M
    Nov 14, 2025 to Mar 27, 2026
  • HNW RAUM · $257M to $302M
    Nov 14, 2025 to Mar 27, 2026
  • Individual RAUM · $140M to $151M
    Nov 14, 2025 to Mar 27, 2026
  • Pension RAUM · $16.8M to $19.4M
    Nov 14, 2025 to Mar 27, 2026
  • RAUM · $418M to $477M
    Nov 14, 2025 to Mar 27, 2026
  • Financial planning clients · 101-250 to 101-250
    Mar 20, 2025 to Jun 4, 2025
  • Pension plan clients · 17 to 28
    Jun 13, 2024 to Mar 20, 2025
  • Assets in custody · $9.9M to $12.8M
    Jun 13, 2024 to Mar 20, 2025
  • State-registered IARs · 7 to 6
    Jun 13, 2024 to Mar 20, 2025
  • Discretionary RAUM · $335M to $418M
    Jun 13, 2024 to Mar 20, 2025
  • HNW RAUM · $193M to $257M
    Jun 13, 2024 to Mar 20, 2025
  • Individual RAUM · $127M to $140M
    Jun 13, 2024 to Mar 20, 2025
  • Pension RAUM · $10.9M to $16.8M
    Jun 13, 2024 to Mar 20, 2025
  • RAUM · $335M to $418M
    Jun 13, 2024 to Mar 20, 2025
  • Accounts · 1,385 to 1,542
    Jun 13, 2024 to Mar 20, 2025
  • BD registered reps · 2 to 1
    Jun 13, 2024 to Mar 20, 2025
  • Corporate clients · 3 to 1
    Jun 13, 2024 to Mar 20, 2025
  • HNW clients · 96 to 115
    Jun 13, 2024 to Mar 20, 2025
  • Accounts · 1,091 to 1,385
    Feb 13, 2024 to Mar 20, 2024
  • Advisory employees · 5 to 6
    Feb 13, 2024 to Mar 20, 2024
  • Corporate clients · 1 to 3
    Feb 13, 2024 to Mar 20, 2024
  • HNW clients · 282 to 96
    Feb 13, 2024 to Mar 20, 2024
  • Individual clients · 801 to 451
    Feb 13, 2024 to Mar 20, 2024
  • Pension plan clients · 7 to 17
    Feb 13, 2024 to Mar 20, 2024
  • Assets in custody · $8.7M to $9.9M
    Feb 13, 2024 to Mar 20, 2024
  • Employees · 10 to 11
    Feb 13, 2024 to Mar 20, 2024
  • Financial planning clients · 51-100 to 101-250
    Feb 13, 2024 to Mar 20, 2024
Signals
5 dated events
  • Jonathan Ewanio left Mbm Wealth Consultants, Llc for Saxony Capital Management, Llc (registered 2026-08-04)
    Jun 9, 2026 · Advisor changed firm · fact
  • Adam Charles Kruger left Mbm Wealth Consultants, Llc for Moneta Group Investment Advisors, Llc (registered 2022-08-23)
    Aug 10, 2022 · Advisor changed firm · fact
  • Charles Adam Kruger (Chief Compliance Officer) no longer on Schedule A of Mbm Wealth Consultants, Llc (listed 2022-06-01, absent 2022-08-10)
    Aug 10, 2022 · Control person left · inference
  • Robert William Weckback (Principal) no longer on Schedule A of Mbm Wealth Consultants, Llc (listed 2019-11-26, absent 2020-01-30)
    Jan 30, 2020 · Control person left · inference
  • Mbm Wealth Consultants, Llc filed its initial SEC registration (Form ADV)
    Mar 28, 2018 · 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
info@mbmwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
636-274-6262reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
LINKEDIN.COM/COMPANY/MBM-WEALTH-CONSULTANTSreportedpublic record, Form ADV, Sep 17, 2026
Website
MBMWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
(636) 274-6262reportedpublic record, Form ADV, May 27, 2026
Contact form
mbmwealth.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
Team page
mbmwealth.com/who-we-arereportedpublished 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
$47.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026