Wealth manager, independent · New York, NY
MB Family Advisors
MB Family Advisors, LLC · SEC-registered investment adviser · CRD 166324 · SEC 801-77643
At a glance
MB Family Advisors is an SEC-registered investment adviser based in New York, New York, with $204 million in regulatory assets under management as of its Form ADV filed September 1, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 7 individual clients. By Form ADV it is a wealth manager, ranked 5,744th of 8,915 wealth managers and 12,138th of 17,210 SEC-registered advisers by assets.
Main office 212-396-4733As filed on Form ADV
- Regulatory AUM
- $204M
- Rank among wealth managers
- #5,744 of 8,915
- Rank among all SEC RIAs
- #12,138 of 17,210
- Rank in New York
- #1,908 of 2,591
- Individual clients
- 7
- High-net-worth clients
- 7
- Accounts
- 8
- Discretionary
- 27% of AUM
- Employees
- 2
- Advisory staff
- 2
- Offices
- 1
Owners and executives on its Form ADV
- Mark BermanManaging Partner, CCO
Custody and brokerage
Custodian
MB Family Advisors’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 7 | $149M | 73% |
| Pooled investment vehicles | 1 | $55M | 27% |
Private funds
MB Family Advisors reports 1 private funds with $55M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
MB Family Advisors reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗
AtlasMembers
The full record on MB Family Advisors
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 6,007 peers of its type and size
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- Owners and executives, with titles and stakes
- 1 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does MB Family Advisors manage?
MB Family Advisors reports $204 million in regulatory assets under management across 8 accounts, 27% of it on a discretionary basis, on its Form ADV filed September 1, 2026.
What kind of firm is MB Family Advisors?
MB Family Advisors is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are MB Family Advisors’s clients?
By assets, its largest client types are high-net-worth individuals ($149 million, 7 clients); pooled investment vehicles ($55 million, 1 clients).
Does MB Family Advisors manage private funds?
Yes. It reports 1 private funds with $55 million in gross assets, including hedge funds.
Does MB Family Advisors have any disciplinary history?
MB Family Advisors reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is MB Family Advisors’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-01), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →