{"url":"https://nivawealth.com/firms/mtr-financial-services-149078","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/149078","regulatoryAum":119929814,"crd":"149078","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5634348","suffix":null,"lastName":"RUSSELL","firstName":"MATTHEW","middleName":"THOMAS"}],"total":1,"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"},"secFileNumber":"801-136052","legalName":"MTR Financial Services, LLC","displayName":"MTR Financial Services","slug":"mtr-financial-services-149078","website":"https://mtrfinancial.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"900 Rockmead Drive, Suite 151","city":"Kingwood","state":"TX","stateName":"Texas","country":"United States","postalCode":"77339"},"tradeNames":[],"registration":{"secApproved":"29 April 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1394532.7209302327,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":119929814,"discretionary":119929814,"discretionaryAccounts":340,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":2},"clientTypes":[{"label":"Individuals (other than HNW)","clients":53,"regulatoryAum":30074037},{"label":"High-net-worth individuals","clients":33,"regulatoryAum":89855777}],"feePrograms":[{"role":"main","program":"Investment Supervisory Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043943","versionId":1043943,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-05-04","documentName":"ADV PART2","fee_rate_low":0.75,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Investment Advice Not Involving Supervision","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043943","versionId":1043943,"submittedOn":"2026-05-04","documentName":"ADV PART2"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:52:55.898552+00:00","documents":[{"name":"ADV PART2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043943","versionId":1043943,"submittedOn":"2026-05-04"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":119929814}],"custodyNote":"MTR Financial Services has custody of $59.6M in client assets for 86 clients.","otherCustodians":[],"leadership":[{"name":"Matthew Russell","title":"President/Chief Compliance Officer","crd":"5634348"}],"ownership":[{"label":"Matthew Russell","detail":"President/chief compliance officer in the 75% or more ownership band and a control person, since January 2009."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"900 Rockmead Drive, Suite 151","city":"Kingwood","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"281-913-1844","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":7},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":2},{"label":"Investment grade corporate bonds","percent":6},{"label":"Securities issued by registered investment companies or business development companies","percent":82},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"4 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/149078/PDF/149078.pdf","brochureDate":"4 May 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043943","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 MTR Financial Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does MTR Financial Services offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does MTR Financial Services charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does MTR Financial Services use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does MTR Financial Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does MTR Financial Services invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns MTR Financial Services?","answer":"MTR Financial Services’ direct owner is Matthew Russell (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 4 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does MTR Financial Services get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact MTR Financial Services?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 4 May 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."}