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.
MBR Financial
Houston, TX
Margolis Brady Raghavan Financial, Inc., CRD 168333
Firm filing updated March 20, 2026 ·
- $956.4MAssets
- 480Clients
- 6Advisory staff
- 1,516Accounts
Fees and minimums
- Hourly feesAsk the firm for the rate
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesYes
- Fixed feesYes
- Performance-based feesYes
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Individuals248
- High net worth individuals232
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 248 | $83.5 million |
| High net worth individuals | 232 | $872.8 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
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisors (including private fund managers)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisors (including private fund managers)
Assets and accounts
- Regulatory assets$956.4 million
- Accounts1,516
- Discretionary$773.3 million · 1,054 accounts
- Non-discretionary$183.1 million · 462 accounts
People
- Employees10
- Advisory staff6
- Broker-dealer reps0
- Licensed insurance agents3
- Planning clients1 to 10
Advisors
3 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- Legal name: Margolis Brady Raghavan Financial, Inc. SEC-registered investment advisor. CRD 168333, SEC file 801-78364.
- Registered with the SEC as an investment advisor (status date on record: July 29, 2013).
Is MBR Financial a fiduciary?
Short answer: MBR Financial is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
3 staff are licensed insurance agents.
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.