Bank / Wealth / Trust

Updated:

MBG Retirement

MBG Retirement is a Houston-based fiduciary wealth management and retirement plan advisory firm serving individual clients and corporate plan sponsors.

MBG Retirement logo

MBG Retirement

MBG Retirement is a wealth management firm based in Houston, Texas. It focuses on serving clients in North America.

General information

Firm type

Bank / Wealth / Trust

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Houston

Corporate office

Houston, TX, United States

Frequently asked questions

What is MBG Retirement's regulatory status?

MBG Retirement operates as a registered investment advisor (RIA). RIAs are regulated by the SEC or state securities authorities and are held to a fiduciary standard, which requires them to act in their clients' best interests. This structure differs from broker-dealers, who operate under a suitability standard.

Does MBG Retirement serve as a fiduciary to its retirement plan clients?

Yes. As a registered investment advisor, the firm is capable of serving as an ERISA Section 3(21) or 3(38) fiduciary to employer-sponsored retirement plans, taking on discretionary or non-discretionary investment responsibility. This is a common service model for advisory firms operating in the retirement plan space.

What types of retirement plans does MBG Retirement typically advise?

RIAs in this segment typically advise 401(k) plans, 403(b) plans for non-profits, and defined benefit pension plans. MBG Retirement focuses on corporate plan sponsors, primarily small to mid-sized businesses in the Texas market.

Does MBG Retirement offer proprietary investment products?

No. MBG Retirement does not manufacture its own mutual funds, ETFs, or separate accounts. It constructs client portfolios from third-party investment vehicles, a practice that supports its fee-only fiduciary model by reducing product-related conflicts of interest.

Who regulates MBG Retirement?

MBG Retirement is regulated by the U.S. Securities and Exchange Commission (SEC) or the Texas State Securities Board, depending on its assets under management. The specific regulator can be verified via the firm's Form ADV filing, which is publicly accessible through the SEC's Investment Adviser Public Disclosure website.

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