Mb Gen Wealth

MB Generational Wealth, LLC, also known as MB Gen Wealth, is a registered investment advisory firm established in 2023 by David Martin, Andrew Bloom, and Mark Burnham. The firm offers investment management, financial planning, and consulting services to clients with discretionary and non-discretionary authority. Clients are required to enter into a written agreement with the firm, and when advising on retirement accounts, MB Gen Wealth acts as a fiduciary. The firm's investment strategy involves creating customized portfolios using various investment vehicles such as funds, stocks, bonds, and certificates of deposit. Clients have the option to provide input on their portfolios, but in non-discretionary accounts, client permission is required for trades. MB Gen Wealth may also utilize sub-advisory services for client accounts. The firm's fee structure includes a maximum fee of 1.5% of assets under management, with fees negotiable based on factors like account size and client loyalty. The firm does not charge performance-based fees or participate in side-by-side management. MB Gen Wealth primarily serves high-net-worth individuals, pension and profit sharing plans, trusts, estates, charitable organizations, and corporations, with no minimum account size specified. The firm's investment analysis involves fundamental analysis, modern portfolio theory, and cyclical analysis to determine suitable investment strategies for clients. Clients receive regular reports and account statements, and the firm does not accept commissions for the sale of securities. MB Gen Wealth emphasizes its fiduciary duty to act in the best interest of clients and has established a Code of Ethics to guide its conduct. The firm does not compensate individuals for client referrals and holds client accounts at qualified custodians like Charles Schwab and Fidelity. Clients have the option to grant discretionary authority for transactions, and MB Gen Wealth does not vote on client securities. The firm has no financial issues that could impact its ability to serve clients effectively.