MBM Wealth Consultants

MBM employs CPAs and enrolled agents directly alongside its investment advisors, rather than outsourcing tax work to an external accounting firm. This structure allows the firm to evaluate portfolio decisions — rebalancing, concentrated stock divestitures, charitable giving — with real-time visibility into realized gains, carryforward losses, and estate-tax thresholds. Pre-transaction planning is the default posture, which is materially different from the industry-standard model of year-end tax reconciliation.

MBM adheres to a strategic asset allocation framework grounded in modern portfolio theory. The firm constructs globally diversified portfolios spanning US and international equities, investment-grade and high-yield fixed income, and select alternative investments. Implementation favors low-cost passive vehicles and factor-tilted strategies, with tactical deviations used sparingly and only when valuation spreads become statistically significant.

MBM operates as a multi-family office and SEC-registered investment adviser serving multiple unrelated client households. Its client base consists of high-net-worth families, business owners, and corporate executives, with a geographic concentration in the St. Louis metropolitan area.

MBM is a fee-only advisory firm. Client fees are typically calculated as a percentage of assets under management, though the firm may also offer fixed-fee planning engagements. The fee-only structure eliminates the conflict of interest present in commission-based models where an advisor might be incentivized to recommend high-expense products over lower-cost alternatives.

MBM evaluates alternative investments — including private real estate, private credit, and non-traded REITs — as portfolio diversifiers for qualified clients. The firm's due diligence focuses on correlation benefits, liquidity terms, and fee transparency. Alternatives are used to enhance yield and reduce public-market beta, not as speculative return-seeking vehicles, and are typically limited to a defined percentage of any single client's total portfolio.