SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
MB Family Advisors
New York, NY
MB Family Advisors, LLC, CRD 166324
Firm filing updated September 1, 2026 ·
- $204.1MAssets
- 8Clients
- 2Advisory staff
- 8Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Performance-based feesYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- High net worth individuals7
- Pooled vehicles1
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | 7 | $148.6 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $55.5 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisors (including private fund managers)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisors (including private fund managers)
Assets and accounts
- Regulatory assets$204.1 million
- Accounts8
- Discretionary$55.5 million in 1 account. Non-discretionary: $148.6 million · 7 accounts
- Non-discretionary$148.6 million · 7 accounts
People
- Employees2
- Advisory staff2
- Broker-dealer reps0
- Licensed insurance agents0
Registration details
- Legal name: MB Family Advisors, LLC SEC-registered investment advisor. CRD 166324, SEC file 801-77643.
- Registered with the SEC as an investment advisor (status date on record: February 18, 2013).
Is MB Family Advisors a fiduciary?
Short answer: MB Family Advisors is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.