MRA Advisory Group provides financial planning, portfolio management for individuals and small businesses, educational seminars, estate planning, insurance, tax planning, and tax preparation. Financial planning was provided to 251–500 clients last fiscal year.
MRA Advisory Group reports 504 clients. They include 372 individual clients, 125 high-net-worth individuals, and 7 pension and profit-sharing plans. Of its assets, 96.2% ($348M across 1,754 accounts) are managed with discretion; $13.6M across 239 accounts are not. A wrap fee program the firm both sponsors and manages holds $344M. Of its clients, 5% are outside the U.S. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 74% | 28% |
| High-net-worth individuals | 25% | 71% |
| Pension and profit-sharing plans | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 372 | $103M | 28.5% | $277K |
| High-net-worth individuals | 125 | $257M | 71.2% | $2.06M |
| Pension and profit-sharing plans | 7 | $1.11M | 0.3% | $159K |
| Total | 504 | $361M | 100% | $717K |
- Clients
- 372
- Regulatory AUM
- $103M
- AUM share
- 28.5%
- Avg. per client
- $277K
- Clients
- 125
- Regulatory AUM
- $257M
- AUM share
- 71.2%
- Avg. per client
- $2.06M
- Clients
- 7
- Regulatory AUM
- $1.11M
- AUM share
- 0.3%
- Avg. per client
- $159K
Total
- Clients
- 504
- Regulatory AUM
- $361M
- AUM share
- 100%
- Avg. per client
- $717K
- Clients outside the U.S.
- 5%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
MRA Advisory Group charges 0.40%–2.00% for its MRA Wealth Management Program. The brochure does not state whether the rate is annual. The whole portfolio is charged at the rate of its band. The fee is billed in arrears, is negotiable and requires an account of at least $50,000.
| Asset band | Rate (period not stated) |
|---|---|
| $0–$250K | 2.00% |
| $250K–$500K | 1.50% |
| $500K–$1M | 1.35% |
| $1M–$2M | 1.10% |
| $2M–$3M | 1.00% |
| $3M–$4M | 0.90% |
| $4M–$5M | 0.80% |
| $5M–$6M | 0.70% |
| $6M–$7M | 0.60% |
| $7M–$8M | 0.50% |
| $8M and above | 0.40% |
Fee details and sources
Marco Lima owns 75% or more of MRA Advisory Group. It has 13 employees, 8 of them in advisory roles.
Staff
- 13 employees
- 8 in advisory functions
- 8 state-registered reps
- 7 insurance agents
- 3 soliciting firms
- Owns 75% or more of Mra Advisory Group
Marco Lima
Control person · since May 2017
- Owns 10% to 25% of Mra Advisory Group
Adam Anderson
since May 2017
MRA Advisory Group’s regulatory assets grew 2.1× from $169M (June 2021) to $361M (August 2026); clients rose from 364 to 504 and employees fell from 16 to 13.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $361M | 504 | 13 | 6 |
| Apr 2025April 2025 | $294M | 401 | 12 | 5 |
| Mar 2024March 2024 | $246M | 402 | 15 | 5 |
| Jun 2023June 2023 | $214M | 406 | 15 | 4 |
| Mar 2022March 2022 | $214M | 387 | 16 | 3 |
| Jun 2021June 2021 | $169M | 364 | 16 | 3 |
Besides its headquarters, MRA Advisory Group has 5 offices (2 private residences, listed without an address), with 4 listed addresses in the U.S. and abroad.
Florida · 1 listed address
- 2639 Fruitville RD, Suite 103, SarasotaHQ
Kentucky · 1 listed address
- 3121 Broadway, Paducah
New Jersey · 1 listed address
- 14 Walsh Drive, Parsippany
International offices
- AVENIDA DOUTOR CHUCRI ZAIDAN, 296, S?O PAULO, 04583-110, Brazil
Other business names
MRA Advisory Group has reported 1 other business name to the SEC.
- Mra Advisory Group
Contact and registration details
- Legal name
- Mra Advisory Group
- Headquarters
- 2639 Fruitville RD, Suite 103, Sarasota, FL 34237
- Website
- wealthbuilderinvesting.com
- Phone
- 844-672-7623
- @mraadvisory
- SEC file
- 801-110363
- Founded
- 2017
- Structure
- Delaware LLC
- Fiscal year end
- December
MRA Advisory Group’s named custodians for separately managed accounts are Raymond James ($140M, 46%), Charles Schwab ($121M, 39%) and Altruist ($45.4M, 15%). MRA Advisory Group does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. Advisor Services · San Francisco, CA · $121M39%
- AltruistAltruist Financial LLC · Dallas, TX · $45.4M15%
- Raymond JamesRaymond James & Associates, Inc. · St. Petersburg, FL · $140M46%
At year end, MRA Advisory Group’s separately managed accounts were mostly in funds (67%) and stocks (24%).
What the accounts hold
- Stocks24%
- Funds67%
- Bonds2%
- Cash4%
- Other3%
- Annuities, private reits, and structured notes3%
How many clients does MRA Advisory Group have?
MRA Advisory Group has 504 clients and manages $361 million for them, as of August 2026. They include 372 individual clients, 125 high-net-worth individuals, and 7 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 August 2026
What services does MRA Advisory Group offer?
MRA Advisory Group provides financial planning, portfolio management for individuals and small businesses, educational seminars, estate planning, insurance, tax planning, and tax preparation.
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 MRA Advisory Group charge?
MRA Advisory Group charges 0.40%–2.00% for its MRA Wealth Management Program. The brochure does not state whether the rate is annual. The whole portfolio is charged at the rate of its band. The fee is billed in arrears, is negotiable and requires an account of at least $50,000.
Which custodians does MRA Advisory Group use?
MRA Advisory Group’s separately managed account assets are held at Raymond James & Associates, Inc. (St. Petersburg, FL), with $140M, Charles Schwab & Co., Inc. Advisor Services (San Francisco, CA), with $121M and Altruist Financial LLC (Dallas, TX), with $45.4M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 August 2026
How many financial advisors does MRA Advisory Group have?
MRA Advisory Group has 8 investment adviser representatives registered with state securities authorities, out of 13 employees, and 8 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 7 employees are 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 MRA Advisory Group invest in?
At the end of its last fiscal year, MRA Advisory Group’s separately managed accounts held 67% registered funds (mutual funds, ETFs, BDCs), 24% exchange-traded equities, 4% cash and equivalents, 3% other and 2% investment grade corporate bonds. The 3% other category is described as: Annuities, Private Reits, and Structured Notes.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does MRA Advisory Group have a minimum investment?
Yes, MRA Advisory Group’s minimum account size for its MRA Wealth Management Program is $50K.
Who owns MRA Advisory Group?
MRA Advisory Group’s direct owners are Marco Lima (75% or more) and Adam Anderson (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 3 August 2026
How does MRA Advisory Group get paid?
MRA Advisory Group is paid through a percentage of assets under management, subscription fees and fixed fees. 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 MRA Advisory Group?
MRA Advisory Group’s main office is at 2639 Fruitville RD, Suite 103, Sarasota, FL 34237. Its phone number is 844-672-7623. Its website is wealthbuilderinvesting.com.