{
  "crd_number": 327967,
  "slug": "mb-gen-wealth-spokane-wa-327967",
  "primary_business_name": "MB GEN WEALTH",
  "legal_name": "MB GENERATIONAL WEALTH, LLC",
  "dbas": [
    "MB GENERATIONAL WEALTH ADVISORS"
  ],
  "city": "Spokane",
  "state": "WA",
  "country": "United States",
  "cbsa_code": "44060",
  "metro": {
    "cbsa_code": "44060",
    "common_name": "Spokane",
    "msa_name": "Spokane-Spokane Valley, WA",
    "path": "/advisors/wa/spokane"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-09-07",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-03-19",
  "carried_forward": false,
  "raum_total": 404425850.0,
  "raum_discretionary": 278394581.0,
  "raum_non_discretionary": 126031269.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 5184933.0,
      "count": 2,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 12323147.0,
      "count": 48
    },
    "high_net_worth_individuals": {
      "raum": 385136311.0,
      "count": 72
    },
    "corporations_other_businesses": {
      "raum": 1781459.0,
      "count": 1,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "HI",
    "ID",
    "LA",
    "TX",
    "WA"
  ],
  "websites": [
    "https://instagram.com/mbgenwealth",
    "https://linkedin.com/company/mb-generational-wealth/about",
    "https://linkedin.com/in/andrew-bloom-cfa-cfp%C2%AE-1b842956",
    "https://linkedin.com/in/cain-martin-0246b5248",
    "https://linkedin.com/in/david-martin-83667473",
    "https://mbgenwealth.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/327967",
  "city_as_filed": "SPOKANE",
  "url": "https://advisorcensus.com/firm/mb-gen-wealth-spokane-wa-327967",
  "display_name": "MB GEN Wealth",
  "summary": "MB GEN Wealth is an SEC-registered investment advisory firm in Spokane, WA, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 19, 2026.",
  "citation": "AdvisorCensus. MB GEN Wealth (CRD 327967): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is MB GEN Wealth compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), MB GEN Wealth reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is MB GEN Wealth located?",
      "a": "MB GEN Wealth's principal office is in Spokane, WA, according to its Form ADV."
    },
    {
      "q": "Is MB GEN Wealth registered with the SEC or a state?",
      "a": "MB GEN Wealth is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 327967."
    },
    {
      "q": "How much does MB GEN Wealth manage?",
      "a": "MB GEN Wealth reports $404,425,850 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (69% discretionary)."
    },
    {
      "q": "How have MB GEN Wealth's assets and staff changed since 2023?",
      "a": "In the Form ADV data for MB GEN Wealth: Regulatory assets under management: $0 in the October 2023 data and $404,425,850 in the October 2026 data. Total employees: 3 in October 2023 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does MB GEN Wealth serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (72); individuals (other than high net worth individuals) (48); charitable organizations (2)."
    },
    {
      "q": "Which custodians does MB GEN Wealth use?",
      "a": "MB GEN Wealth's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does MB GEN Wealth report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/327967"
    },
    {
      "q": "What changed in MB GEN Wealth's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $333,803,619 to $404,425,850 (+21%)."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 3,
      "filing_date": "2023-09-18"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 334699672.0,
      "total_employees": 3,
      "filing_date": "2024-01-05"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 333803619.0,
      "total_employees": 3,
      "filing_date": "2025-06-18"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 404425850.0,
      "total_employees": 3,
      "filing_date": "2026-03-19"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $333,803,619 to $404,425,850 (+21%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/mb-gen-wealth-spokane-wa-327967.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 48,
      "fewer_than_5": false,
      "raum": 12323147.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 72,
      "fewer_than_5": false,
      "raum": 385136311.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 2,
      "fewer_than_5": true,
      "raum": 5184933.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": true,
      "raum": 1781459.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/327967",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}