MTR Financial Services provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 101–250 clients last fiscal year.
MTR Financial Services reports 86 clients. They include 53 individual clients and 33 high-net-worth individuals. Of its assets, 100.0% ($120M across 340 accounts) are managed with discretion. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 62% | 25% |
| High-net-worth individuals | 38% | 75% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 53 | $30.1M | 25.1% | $567K |
| High-net-worth individuals | 33 | $89.9M | 74.9% | $2.72M |
| Total | 86 | $120M | 100% | $1.39M |
- Clients
- 53
- Regulatory AUM
- $30.1M
- AUM share
- 25.1%
- Avg. per client
- $567K
- Clients
- 33
- Regulatory AUM
- $89.9M
- AUM share
- 74.9%
- Avg. per client
- $2.72M
Total
- Clients
- 86
- Regulatory AUM
- $120M
- AUM share
- 100%
- Avg. per client
- $1.39M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
MTR Financial Services charges 0.75%–1.25% a year for its Investment Supervisory Services. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Investment Advice Not Involving Supervision
- Financial plans and financial planning are billed at an hourly fee of $85 to $150, depending on complexity, negotiable and paid in arrears upon completion.
Matthew Russell owns 75% or more of MTR Financial Services. The leadership team of MTR Financial Services includes President Matthew Russell. It has 1 employee.
Leadership
- Matthew RussellPresident/Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of MTR Financial Services, LLC
Matthew Russell
Control person · since January 2009
Besides its headquarters, MTR Financial Services has 0 offices, with 1 listed address in Texas.
Texas · 1 listed address
- 900 Rockmead Drive, Suite 151, KingwoodHQ
Contact and registration details
- Legal name
- MTR Financial Services, LLC
- Headquarters
- 900 Rockmead Drive, Suite 151, Kingwood, TX 77339
- Website
- mtrfinancial.com
- Phone
- 281-913-1844
- SEC file
- 801-136052
- Structure
- Texas LLC
- Fiscal year end
- December
MTR Financial Services uses Charles Schwab ($120M) as custodian for its separately managed accounts. MTR Financial Services has custody of $59.6M in client assets for 86 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $120M100%
At year end, MTR Financial Services’ separately managed accounts were mostly in funds (82%).
What the accounts hold
- Stocks7%
- Funds82%
- Bonds9%
- Investment grade corporate bonds6%
- State and local bonds2%
- U.S. government and agency bonds1%
- Cash2%
How many clients does MTR Financial Services have?
MTR Financial Services has 86 clients and manages $120 million for them, as of May 2026. They include 53 individual clients and 33 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 May 2026
What services does MTR Financial Services offer?
MTR Financial Services provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does MTR Financial Services charge?
MTR Financial Services charges 0.75%–1.25% a year for its Investment Supervisory Services. The fee is billed in arrears and is negotiable.
Source: ADV PART2, filed 4 May 2026
Which custodians does MTR Financial Services use?
MTR Financial Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $120M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 May 2026
How many financial advisors does MTR Financial Services have?
MTR Financial Services has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 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 MTR Financial Services invest in?
At the end of its last fiscal year, MTR Financial Services’ separately managed accounts held 82% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 6% investment grade corporate bonds, 2% state and local bonds, 2% cash and equivalents and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns MTR Financial Services?
MTR Financial Services’ direct owner is Matthew Russell (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 4 May 2026
How does MTR Financial Services get paid?
MTR Financial Services is paid through a percentage of assets under management and hourly charges. 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 MTR Financial Services?
MTR Financial Services’ main office is at 900 Rockmead Drive, Suite 151, Kingwood, TX 77339. Its phone number is 281-913-1844. Its website is mtrfinancial.com.