MRA ADVISORY GROUP
Your Future needs a plan
Tailored Services
Let’s work together to solve your financial challenges and plan for your future with confidence!
MRA Financial Planning Core Service
$69/month
Dedicated Wealth Advisor (MEET OUR TEAM)
Number of meetings/check-ins per year: typically, TWO (based on your situation).
Goal planning and tracking, including personalized strategies to help you achieve financial goals
Bugdet support
Asset allocation and portfolio construction advice across your investment holdings
Access to financial literacy articles and videos
Insurance planning, including life, disability, and long-term care coverage guidance
View your financial life. Anytime. Anywhere.
MRA Financial Planning Plus Service
$92/month
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Integrated Personal Services
Book an Intro Meeting
Your Plan
No more traditional, static plans. Upgrade to dynamic financial advice.
Visualize your financial plan by tracking and measuring your progress in real time, empowering you to navigate your financial journey with confidence.
Navigate
Go as deep as you want with powerful planning technology.
Navigate your ever-evolving life with personalized financial guidance that adapts to you, helping you make the most of your money at every turn.
Your Experiences
Instant optimization and advice to help you make informed decisions.
Your financial plan and guidance come alive through Experiences you select to represent the life you aspire to live, customized to help you achieve them.
Your experiences
Your subscription gives you exclusive access to private wealth management and personalized financial advice—fully covered by MRA Advisory Group.
What our clients say about us*
*Testimonials were provided by current clients at the time of their respective testimonials. The client was not compensated, nor are there material conflicts of interest that would affect the given statement. The statement may not be representative of the experience of other current clients and does not provide a guarantee of future performance, success or similar services. The client testimonials presented were chosen by the firm, other clients may have different experiences.
Frequently Asked Questions
You’ve got questions. We’ve got answers.
Have a few questions after exploring our solutions and capabilities? Check out some of the most frequently asked questions for all your answers.
Who is MRA Advisory?
We are a Registered Investment Advisory (RIA) that focuses on offering generational planning services in a fiduciary capacity. With offices in New Jersey, Florida, and Kentucky, we offer flexible, subscription-based advisory services for every stage of our clients’ (individuals and businesses) financial journey. Together since 2012. Independent since 2017.
Most of our individual and business clients are in the United States and the Americas.
Does MRA Advisory charge for initial meetings?
No. We offer FREE initial conversations and assessments for potential individual and business clients.
What to expect from an initial conversation with us:
- A friendly and knowledgeable staff who understands the financial issues of your generation
- Confidentiality about your financial situation
- Professionals who work in a fiduciary capacity
- An open conversation about your financial goals and dreams
- An initial assessment of any “financial blind spots” that may be in the way for you to achieve your financial goals
- Disclosure on how we are compensated and a tailored outline of how we can partner with you to help you reach your financial goals
***What do I get with your 7-day free trial?
You will get full access to the Wing Financial Plan app, which enables you to create a financial plan, track your goals, and have access to great financial features. In addition, we offer FREE initial conversations and assessments for potential individual and business clients.
What to expect from an initial conversation with us:
- A friendly and knowledgeable staff who understands the financial issues of your generation
- Confidentiality about your financial situation
- Professionals who work in a fiduciary capacity
- An open conversation about your financial goals and dreams
- An initial assessment of any “financial blind spots” that may be in the way for you to achieve your financial goals
- Disclosure on how we are compensated and a tailored outline of how we can partner with you to help you reach your financial goals
*What's the cost and what's included with MRA Advisory financial planning subscription service?
Financial planning service subscription starts at $69/month. The subscription fee may be waived depending on the amount of client assets managed by MRA Advisory, case complexity, and the number of meetings per year.
Financial planning services include:
Partnership with a dedicated fiduciary advisor who understands that every investor is unique. We employ a systematic process to help our clients achieve their financial goals. Your subscription includes:
- Dedicated fiduciary advisor. Most of our advisors have at least 20 years of industry experience.
- Assistant with setting financial planning portal to monitor and track your finances and financial plan.
- Budgeting support
- Asset allocation/portfolio construction advice for all your investments
- Investment policy statement and full access to MRA Investment Committee’s portfolio holdings
- Insurance planning: life, disability, long-term care, auto
- Estate planning guidance
- Executive compensation guidance: Employer stock plan, deferred compensation arrangements, benefits package
- Tax strategy and planning
- The number of meetings/check-ins per year varies from two to four (based on your situation).
Does MRA Advisory have account minimums?
Typically, we work with clients who have investment portfolios managed by MRA Advisory, with a minimum investment of US$50,000.
**How much does it cost to invest with MRA Advisory?
The cost (advisory fee) using the Wing platform is between 1.00% (or 0.40% – 2.00% without the Wing platform) per year, based on the value of assets managed by MRA Advisory. The cost covers the services provided by MRA Advisory, including custodial services and the guidance of a dedicated financial advisor. The advisory fee is charged monthly at the beginning of each month based on the customer’s account balance at the end of the previous month and is debited directly from the customer’s account. The advisory fee does not include costs charged by investment funds or the cost of additional services charged by the intermediary or custody firm.
When calculating the advisory fee, MRA also considers the total assets of the accounts under management and the complexity of each client’s case. The complexity of the case is determined by a combination of meetings per year, the number of goals, and the portfolio structure.
Prices are subject to change. Please read our ADV Brochure document for more information, which is available on this website.
An ongoing collaborative financial planning process designed to help reach your financial goals.
Financial Planning Process
1) Uncover financial blindspots
By definition, a blind spot is an area where a person’s view is obstructed. We help you identify financial blind spots in your personal economy.
Examples of financial blind spots:
– Taking too much or too little risk with your investment portfolio
– Lacking proper cash reserve for emergencies and opportunities
– Missing a system to track your savings and your spending
– Inadequate insurance protection for home and life coverages
– Missing a game plan for your finances if you get too sick or too injured to work
– Lacking adequate protection for your loved ones in case of premature death
2) Find opportunities
We focus on finding opportunities for you to improve your chances of reaching your financial goals.
Examples of financial opportunities:
– Getting your finances organized
– Helping you pay yourself first
– Improving the yield on your cash reserve
– Adjusting your investment portfolio risk
– Reviewing and helping you streamline your debt
– Helping you pay your fair share of taxes
– Helping you create a “rule book” to distribute your wealth to your heirs properly
3) Implement
We plan, and then life gets in the way!
Once your plan is implemented, you will see changes in your personal life and the economy. We partner with you to address life changes and to help you measure how they impact your overall financial plan.
We offer five planning solutions for our subscribers based on their unique needs.
4) Track and update
Tracking your plan’s progress will help you get closer to your goals. Tracking is typically done yearly. We will compare your progress to the prior year’s goals and help you refocus on your goals as needed.