{"url":"https://nivawealth.com/firms/mra-advisory-group-287933","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/287933","regulatoryAum":361273117,"crd":"287933","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4961120","suffix":null,"lastName":"ANDERSON","firstName":"ADAM","middleName":"CHARLES"},{"crd":"1859086","suffix":"II","lastName":"CHANDLER","firstName":"DALTON","middleName":"LEE"},{"crd":"6395327","suffix":null,"lastName":"COGAN","firstName":"ALISON","middleName":"C"},{"crd":"7800393","suffix":null,"lastName":"DeBrito","firstName":"Jonathan","middleName":"Philip"},{"crd":"4679582","suffix":null,"lastName":"LIMA","firstName":"MARCO","middleName":null},{"crd":"2193190","suffix":null,"lastName":"PLEMENOS","firstName":"PAUL","middleName":"STEVEN"},{"crd":"6638580","suffix":null,"lastName":"Verile","firstName":"Joseph","middleName":"A"},{"crd":"6135134","suffix":null,"lastName":"WAHLIG","firstName":"ELIZABETH","middleName":"PETERSON"}],"total":8,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-06-03","regulatoryAum":169062384,"clients":364,"employees":16,"offices":3},{"filedOn":"2022-03-24","regulatoryAum":214059213,"clients":387,"employees":16,"offices":3},{"filedOn":"2023-06-06","regulatoryAum":213519270,"clients":406,"employees":15,"offices":4},{"filedOn":"2024-03-11","regulatoryAum":246036289,"clients":402,"employees":15,"offices":5},{"filedOn":"2025-04-09","regulatoryAum":293619805,"clients":401,"employees":12,"offices":5},{"filedOn":"2026-08-03","regulatoryAum":361273117,"clients":504,"employees":13,"offices":6}],"secFileNumber":"801-110363","legalName":"Mra Advisory Group","displayName":"MRA Advisory Group","slug":"mra-advisory-group-287933","website":"https://wealthbuilderinvesting.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"http://www.linkedin.com/company/mraadvisory","xUrl":"http://www.x.com/mraadvisory","founded":"2017","organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"2639 Fruitville RD, Suite 103","city":"Sarasota","state":"FL","stateName":"Florida","country":"United States","postalCode":"34237"},"tradeNames":["Mra Advisory Group"],"registration":{"secApproved":"16 May 2017","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":724674.0724346077,"staff":{"employees":13,"advisory":8,"brokerDealerReps":0,"insuranceAgents":7,"promoters":3},"aum":{"regulatory":361273117,"discretionary":347654812,"discretionaryAccounts":1754,"nonDiscretionary":13618305,"nonDiscretionaryAccounts":239,"wrapProgram":344437869,"nonUsClientsPct":5,"nonAumClients":1},"clientTypes":[{"label":"Individuals (other than HNW)","clients":372,"regulatoryAum":102961355},{"label":"High-net-worth individuals","clients":125,"regulatoryAum":257201659},{"label":"Pension and profit-sharing plans","clients":7,"regulatoryAum":1110103}],"feePrograms":[{"role":"main","program":"MRA Wealth Management Program","feeBasis":"whole_balance","fee_tiers":[{"to":250000,"pct":2,"from":0},{"to":500000,"pct":1.5,"from":250000},{"to":1000000,"pct":1.35,"from":500000},{"to":2000000,"pct":1.1,"from":1000000},{"to":3000000,"pct":1,"from":2000000},{"to":4000000,"pct":0.9,"from":3000000},{"to":5000000,"pct":0.8,"from":4000000},{"to":6000000,"pct":0.7,"from":5000000},{"to":7000000,"pct":0.6,"from":6000000},{"to":8000000,"pct":0.5,"from":7000000},{"to":null,"pct":0.4,"from":8000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053798","versionId":1053798,"ratePeriod":"not_stated","fee_billing":"arrears","submittedOn":"2026-08-03","documentName":"MRA WRAP FEE BROCHURE","fee_rate_low":0.4,"fee_rate_high":2,"fee_negotiable":true,"minimum_account":50000,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T10:19:43.285224+00:00","documents":[{"name":"MRA WRAP FEE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053798","versionId":1053798,"submittedOn":"2026-08-03"},{"name":"MRA FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053797","versionId":1053797,"submittedOn":"2026-08-03"}]},"custodians":[{"name":"Charles Schwab & Co., Inc. Advisor Services","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":120900566},{"name":"Altruist Financial LLC","shortName":"Altruist","location":"Dallas, TX","smaAssets":45384712},{"name":"Raymond James & Associates, Inc.","shortName":"Raymond James","location":"St. Petersburg, FL","smaAssets":139995878}],"custodyNote":"MRA Advisory Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Adam Anderson","title":"Director of Alternative Investments","crd":"4961120"},{"name":"Marco Lima","title":"Managing Member, CCO","crd":"4679582"}],"ownership":[{"label":"Marco Lima","detail":"Managing member, cco in the 75% or more ownership band and a control person, since May 2017."},{"label":"Adam Anderson","detail":"Director of alternative investments in the 10% to 25% ownership band, since May 2017."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":5,"privateResidences":2},"listedOfficeAddresses":4,"foreignOffices":[{"city":"S?O PAULO","country":"Brazil","postalCode":"04583-110","street":"AVENIDA DOUTOR CHUCRI ZAIDAN, 296","display":{"city":"S?O PAULO","region":null,"postalCode":"04583-110","ruleVersion":"office-display-1"}}],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"2639 Fruitville RD, Suite 103","city":"Sarasota","headquarters":true}]},{"state":"Kentucky","offices":1,"addresses":[{"street":"3121 Broadway","city":"Paducah"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"14 Walsh Drive","city":"Parsippany"}]}],"brochureServices":["estate planning","insurance","tax planning","tax preparation"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"844-672-7623","stateRegisteredReps":8,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Subscription fees","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Educational seminars/workshops"],"financialPlanningClients":"251-500","assetMix":[{"label":"Exchange-traded equity securities","percent":24},{"label":"Investment grade corporate bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":67},{"label":"Cash and cash equivalents","percent":4},{"label":"Other","percent":3,"detail":"Annuities, Private Reits,  and Structured Notes"}],"privateFunds":0},"sources":{"adv1FilingDate":"3 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/287933/PDF/287933.pdf","brochureDate":"3 August 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053798","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does MRA Advisory Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does MRA Advisory Group offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does MRA Advisory Group charge?","answer":"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.","source":"MRA WRAP FEE BROCHURE, filed 3 August 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does MRA Advisory Group use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does MRA Advisory Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does MRA Advisory Group invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does MRA Advisory Group have a minimum investment?","answer":"Yes, MRA Advisory Group’s minimum account size for its MRA Wealth Management Program is $50K.","source":"MRA WRAP FEE BROCHURE, filed 3 August 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns MRA Advisory Group?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does MRA Advisory Group get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact MRA Advisory Group?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 3 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}