Wealth manager, independent · Miami, FL
Mmbg Investment Advisors Co.
SEC-registered investment adviser · CRD 285263 · SEC 801-108467
At a glance
Mmbg Investment Advisors Co. is an SEC-registered investment adviser based in Miami, Florida, with $3.0B in regulatory assets under management as of its Form ADV filed March 27, 2026. It reports 137 individual clients, 136 of them high-net-worth, holding an average of about $22 million each, and 14 employees. That ranks it 360th among the nation’s 5,657 independent wealth management RIAs and 19th of 343 in Florida. It reports 4 custodians for its clients’ separately managed accounts: Morgan Stanley, J.P. Morgan, BNY Pershing and UBS.
Main office 305-374-0704mmbginvestment.comAs filed on Form ADV
- Regulatory AUM
- $3.0B
- Rank among independent wealth managers
- #360 of 5,657
- Rank among all SEC RIAs
- #2,841 of 17,210
- Rank in Florida
- #19 of 343
- Individual clients
- 137
- High-net-worth clients
- 136
- Accounts
- 234
- Discretionary
- 100% of AUM
- Employees
- 14
- Advisory staff
- 9
- Offices
- 1
Owners and executives on its Form ADV
- Andres Aguilar CalvoPrincipal Officer and Chief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Mmbg Investment Advisors Co. reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 136 | $3.0B | 99% |
| Corporations or other businesses | 1 | $15M | <1% |
| Charitable organizations | 1 | $14M | <1% |
| Individuals | 1 | $2M | <1% |
Disciplinary disclosures
Mmbg Investment Advisors Co. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗mmbginvestment.com ↗
AtlasMembers
The full record on Mmbg Investment Advisors Co.
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, 9 years of filings
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- Growth over one, three and five years
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- Rank against 1,370 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
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- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Florida
All of Florida →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Csenge Advisory Group, LLCClearwater | $3.2B | 7,147 |
| Cyndeo Wealth PartnersSt. Petersburg | $3.2B | 1,219 |
| Certified Advisory CorpAltamonte Springs | $3.0B | 2,476 |
| CPS Investment AdvisorsLakeland | $2.9B | 3,107 |
| L 1 Global Wealth LLCCoconut Grove | $2.8B | 17 |
| LRI InvestmentsPalm Beach Gardens | $2.8B | 477 |
Background
Questions
How much does Mmbg Investment Advisors Co. manage?
Mmbg Investment Advisors Co. reports $3.0B in regulatory assets under management across 234 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 27, 2026.
How many clients does Mmbg Investment Advisors Co. have?
It reports 137 individual clients: 136 high-net-worth individuals and 1 other individuals. Individuals account for about 99% of its regulatory assets.
Where is Mmbg Investment Advisors Co. headquartered?
Its main office is in Miami, Florida. It reports 1 office in total and 14 employees, 9 of whom perform investment advisory functions.
How does Mmbg Investment Advisors Co. charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Mmbg Investment Advisors Co. use?
It reports 4 custodians for its clients’ separately managed accounts: Morgan Stanley, J.P. Morgan, BNY Pershing and UBS. On Schedule D of its Form ADV filed March 27, 2026, it reports these amounts held: Morgan Stanley ($849M); J.P. Morgan ($834M); BNY Pershing ($530M); UBS ($397M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Mmbg Investment Advisors Co. a hybrid RIA with a broker-dealer?
Mmbg Investment Advisors Co. reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Mmbg Investment Advisors Co. a fiduciary?
As an SEC-registered investment adviser, Mmbg Investment Advisors Co. owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Mmbg Investment Advisors Co.’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 (2026-03-27), 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). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. 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 →