Our Mission:
Help clients solve current financial challenges and plan for their future with confidence
Fiduciary
With a fiduciary mindset, our team includes seasoned professionals, specialists, and a friendly supporting staff.
Most of our Wealth Advisors have over two decades of financial services industry experience.
Experienced
Since 2012, MRA’s advisors have been financial planning and wealth management professionals associated with an unaffiliated broker-dealer. In 2017, the team transitioned MRA to a fully independent Registered Investment Advisory firm (RIA).
Systems Driven
We focus on providing our clients with the latest financial technology (Fintech) to facilitate the best client service experience possible.
Welcome to MRA Advisory
Tailored advice based on your unique needs
Video: Services and Process
Integrated Personal Services
Simplify your financial life by partnership with a team of professionals specializing in tax preparation and advice, financial planning, wealth management, and insurance solutions.
Personal Planning
“If you don’t know where you are going, you’ll end up someplace else.” Yogi Berra (LEARN MORE)
Investing
“An investment in knowledge pays the best interest.” Benjamin Franklin (LEARN MORE)
401K Advice
Set it and forget no longer works! In today’s market, being passive with your retirement savings is no longer an option. (LEARN MORE)
Tax Services
“The hardest thing in the world to understand is the income tax.” Albert Einstein (LEARN MORE)
Insurance
“If you don’t invest in risk management, it doesn’t matter what business you are in, it’s a risky business.” Gary Cohen (LEARN MORE)
Estate Planning Preparation
“We all die. The goal isn’t to live forever, but to leave behind something that will.” – Chuck Palahniuk, author (LEARN MORE)
High Yield Savings
“Do not save what is left after spending, but spend what is left after saving.” Warren Buffett (LEARN MORE)
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.
Integrated Services
Personal Taxes
We work as part of your team to ensure that taxes don’t derail your financial plan. Our tax experts stay up to date on the ever-changing tax laws and can help you make appropriate decisions. We are available year-round, and we are proactive in tax planning and filings to ensure that efficient tax strategies are discussed and implemented as appropriate. (LEARN MORE)
Business Taxes
Our team has decades of experience preparing business tax returns, including:
- Schedule C, partnership, and corporate income taxes
- State and local sales taxes
- Payroll taxes
- Specializing in start-ups and sole proprietors(LEARN MORE)
Succession Planning
Exiting a Business
100% of business owners will be exiting their businesses during their lifetime. What’s your exit plan?
- Family business transition
- Iliquid business assets
- Protection Planning: life, health, disability
- Multi-generation business planning (LEARN MORE)
Latest News
11 Ways to Help Yourself Stay Sane in a Crazy Market
Keeping your cool can be hard to do when the market goes on one of its periodic roller-coaster rides. It's useful to have strategies in place that prepare you both financially and psychologically to handle market volatility. Here are 11 ways to help keep yourself from...
MRA High Yield Savings APY 4.94%*
Have you considered the cash you keep at banks or other financial institutions? We’ve put many clients into the Federally Insured Cash Account (“FICA”). FICA offers: 1. A rate of 4.94% APY* starting today September 7, 2023 (an increase from the current...
~ * Happy Labor Day * ~
"No work is insignificant. All labor that uplifts humanity has dignity and importance and should be undertaken with painstaking excellence" - Martin Luther King, Jr. Be proud of what you do and take pride in a job well done! Today we thank, and honor, all American...
Coping with the Emotional Impact of Losing Your Job
Job loss can cause stress Losing your job can take an emotional toll on you and your family. Recognizing these emotions and dealing with them positively can go a long way toward helping you and your family cope with the stress that often follows a job loss. Emotional...
Market Recap: Week Ending August 25, 2023
Last week saw Wall Street generally close with a mixed bag of results. The Nasdaq, the S&P 500, and the Global Dow ended the week higher, while the Dow and the Russell 2000 lost value. Investors tried to digest Federal Reserve Chair Jerome Powell's comments from...
How Much Annual Income Can Your Retirement Portfolio Provide?
Your retirement lifestyle will depend not only on your assets and investment choices but also on how quickly you draw down your retirement portfolio. The annual percentage that you take out of your portfolio, whether from returns or the principal itself, is known as...
Active vs. Passive Portfolio Management
One of the longest-standing debates in investing is over the relative merits of active portfolio management versus passive management. With an actively managed portfolio, a manager tries to beat the performance of a given benchmark index by using his or her judgment...
Are You Looking to Start a Business?
Planning for your own business Before you start your own business or buy an existing business, you should do some initial planning. You may have already decided what type of business you want — your own restaurant, retail outlet, service, or manufacturing plant. You...
Evaluating a Job Offer
If you're considering changing jobs, you're not alone. Today, few people stay with one employer until retirement. It's likely that at some point during your career, you'll be looking for a new job. You may be looking to make more money or seeking greater career...
DISCLOSURE: MRA is not affiliated with any Social Media site or news provider and does not expressly or implicitly adopt or endorse any of the expressions, opinions or content posted on Social Media or news provider sites. We do not control, serve, adopt or endorse any content may be published on Social Media or news provider sites and no post that MRA or any of our employees may post is intended to be a recommendation or state a testimonial for or about a security, service or product, or to provide investment, tax or any other advice.
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 New Jersey-based RIA – Registered Investment Advisory that focuses on offering generational planning services in a fiduciary capacity. We offer flexible, subscription-based advisory services for every stage of our clients’ (individuals and companies) 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's the cost and what's included with MRA Advisory financial planning subscription service?
Financial planning service subscription starts at $92/month. The subscription fee may be waived depending on the amount of client assets managed by MRA Advisory, case complexity, and 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?
We work with clients with investment portfolios managed by MRA Advisory with a minimum of US$50,000.
How much does it cost to invest with MRA Advisory?
The cost (advisory fee) is between 0.40% and 2.00% per year based on the value of assets managed by MRA Advisory. The cost covers the services provided by MRA Advisory and includes custodial services and working with a dedicated financial advisor to you. 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.
How do I open an investment account with MRA Advisory?
We use a secure digital process for account opening and transfers.
How do I transfer my current investment accounts to MRA Advisory?
MRA Advisory works with the major U.S. custodians and can transfer most accounts into our platform.