Mgb Wealth Management, LLC

MGB Wealth Management, LLC is a Texas-based firm established in February 2020, offering discretionary and non-discretionary portfolio management and financial planning services to various clients, including high net worth individuals, corporations, and foundations. The firm develops individualized Financial Profiles and Investment Plans for clients based on their financial circumstances, goals, and risk tolerance. Clients can have their portfolios managed on a discretionary basis, allowing the Adviser to make decisions without prior consultation, or on a non-discretionary basis, where clients must be contacted before trades are executed. The minimum portfolio value is typically set at $1 million, with fees negotiated based on a percentage of assets under management, up to a maximum of 1.75%. The Adviser may use sub-advisers when appropriate and offers financial planning services in conjunction with portfolio management. The firm's investment strategies include long-term purchases, short-term purchases, short sales, margin transactions, and options trading. Clients are advised on the risks associated with various investment types, including equity market risks, fixed income risks, and risks related to alternative investment vehicles. The Adviser does not have any disciplinary events to report and does not vote proxies related to client securities. Raymond James is the custodian for most client accounts, and the Adviser may receive benefits from Raymond James based on client assets held there.