MB Generational Wealth provides financial planning, portfolio management for individuals and small businesses, estate planning, retirement plan services, and tax planning.
MB Generational Wealth reports 123 clients. They include 72 high-net-worth individuals, 48 individual clients and 2 charitable organizations. Of its assets, 68.8% ($278M across 356 accounts) are managed with discretion; $126M across 42 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 39% | 3% |
| High-net-worth individuals | 59% | 95% |
| Charitable organizations | 2% | 1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 48 | $12.3M | 3.0% | $257K |
| High-net-worth individuals | 72 | $385M | 95.2% | $5.35M |
| Charitable organizations | Fewer than 5 | $5.18M | 1.3% | $2.59M |
| Corporations and other businesses | Fewer than 5 | $1.78M | 0.4% | $1.78M |
| Total | 123 | $404M | 100% | — |
- Clients
- 48
- Regulatory AUM
- $12.3M
- AUM share
- 3.0%
- Avg. per client
- $257K
- Clients
- 72
- Regulatory AUM
- $385M
- AUM share
- 95.2%
- Avg. per client
- $5.35M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.18M
- AUM share
- 1.3%
- Avg. per client
- $2.59M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.78M
- AUM share
- 0.4%
- Avg. per client
- $1.78M
Total
- Clients
- 123
- Regulatory AUM
- $404M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
MB Generational Wealth charges up to 1.50% for its Investment management. The brochure does not state whether the rate is annual. The fee is billed in advance or in arrears and is negotiable.
Fee details and sources
David Martin owns 50% to 75% of MB Generational Wealth. The leadership team of MB Generational Wealth includes Chief Compliance Officer Andrew Bloom. It has 3 employees.
Leadership
- Andrew BloomChief Compliance Officer
- David MartinOwner of LLC
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Andrew J Bloom
- Cain Kohl Martin
- David Kohl Martin
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 50% to 75% of MB Generational Wealth, LLC
David Martin
Control person · since June 2023
- Owns 25% to 50% of MB Generational Wealth, LLC
Educap LLC
Control person · since June 2023
- Owns 75% or more of Educap LLC
Mark Burnham
Control person · since November 2021
- Owns 10% to 25% of MB Generational Wealth, LLC
Andrew Bloom
Control person · since August 2023
MB Generational Wealth’s regulatory assets grew from $335M (January 2024) to $404M (March 2026); clients rose from 109 to 123 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $404M | 123 | 3 | 2 |
| June 2025 | $334M | 117 | 3 | 1 |
| January 2024 | $335M | 109 | 3 | 1 |
Besides its headquarters, MB Generational Wealth has 1 office (1 private residence, listed without an address), with 1 listed address in Washington.
Washington · 1 listed address
- 111 S. Post Street, Suite 2250, SpokaneHQ
Other business names
MB Generational Wealth has reported 1 other business name to the SEC.
- MB Generational Wealth Advisors
Contact and registration details
- Legal name
- MB Generational Wealth, LLC
- Headquarters
- 111 S. Post Street, Suite 2250, Spokane, WA 99201-6021
- Website
- mbgenwealth.com
- Phone
- 509-703-5715
- @mb-generational-wealth
- SEC file
- 801-128683
- Founded
- 2023
- Structure
- Washington LLC
- Fiscal year end
- December
MB Generational Wealth uses Fidelity ($281M, 70%) and Charles Schwab ($121M, 30%) as custodians for its separately managed accounts. MB Generational Wealth has custody of $38.2M in client assets for 60 clients.
- FidelityNational Financial Services LLC · Boston, MA · $281M70%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $121M30%
At year end, MB Generational Wealth’s separately managed accounts were mostly in funds (64%) and stocks (27%). Its reported 13F holdings for the quarter ended 30 June 2026 total $204M across 66 positions; the largest are American Centy ETF TR (10.9%), Dimensional ETF Trust (10.2%) and Dimensional ETF Trust (8.7%).
What the accounts hold
- Stocks27%
- Funds64%
- Bonds1%
- Cash8%
Reported 13F holdings
- $204M
- Reported 13F value
- 66
- Positions
- 66.9%
- In the 10 largest
- +12.8%
- Value vs. prior quarter
- American Centy ETF TR · US Sml CP Valu10.9%
- Dimensional ETF Trust · US High Prof ETF10.2%
- Dimensional ETF Trust · Intl Small Cap V8.7%
- iShares TR · MSCI USA Qlt Fct8.7%
- iShares TR · S&P 100 ETF8.2%
- American Centy ETF TR · US Large Cap Vlu5.7%
- Dimensional ETF Trust · US Cor Equ 2 ETF5.5%
- iShares TR · Mrning SM CP ETF3.3%
- Dimensional ETF Trust · Intl High Profit3.2%
- Dimensional ETF Trust · US Sustainabilty2.5%
Together, the ten largest are 66.9% of reported value.
How many clients does MB Generational Wealth have?
MB Generational Wealth has 123 clients and manages $404 million for them, as of March 2026. They include 72 high-net-worth individuals, 48 individual clients and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 March 2026
What services does MB Generational Wealth offer?
MB Generational Wealth provides financial planning, portfolio management for individuals and small businesses, estate planning, retirement plan services, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does MB Generational Wealth charge?
MB Generational Wealth charges up to 1.50% for its Investment management. The brochure does not state whether the rate is annual. The fee is billed in advance or in arrears and is negotiable.
Source: MB GENERATIONAL WEALTH ADV PART 2A, filed 19 March 2026
Which custodians does MB Generational Wealth use?
MB Generational Wealth’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $281M and Charles Schwab & Co., Inc. (San Francisco, CA), with $121M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 March 2026
How many financial advisors does MB Generational Wealth have?
MB Generational Wealth has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does MB Generational Wealth invest in?
At the end of its last fiscal year, MB Generational Wealth’s separately managed accounts held 64% registered funds (mutual funds, ETFs, BDCs), 27% exchange-traded equities, 8% cash and equivalents and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns MB Generational Wealth?
MB Generational Wealth is owned through a holding company by Mark Burnham. Its direct owners are Andrew Bloom (10% to 25%), David Martin (50% to 75%) and Educap LLC (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 19 March 2026
How does MB Generational Wealth get paid?
MB Generational Wealth is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact MB Generational Wealth?
MB Generational Wealth’s main office is at 111 S. Post Street, Suite 2250, Spokane, WA 99201-6021. Its phone number is 509-703-5715. Its website is mbgenwealth.com.