# MB GEN Wealth

> 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.

- CRD: 327967
- Filed as: MB GEN WEALTH
- Legal name: MB Generational Wealth, LLC
- Also doing business as: MB GENERATIONAL WEALTH ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Spokane, WA
- Filing period: October 2026
- Form ADV filing dated: March 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/327967
- AdvisorCensus page: https://advisorcensus.com/firm/mb-gen-wealth-spokane-wa-327967

## Quick answers

**How is MB GEN Wealth compensated?**
On its Form ADV (Item 5.E, October 2026), MB GEN Wealth reports these compensation arrangements: a percentage of assets under its management.

**Where is MB GEN Wealth located?**
MB GEN Wealth's principal office is in Spokane, WA, according to its Form ADV.

**Is MB GEN Wealth registered with the SEC or a state?**
MB GEN Wealth is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 327967.

**How much does MB GEN Wealth manage?**
MB GEN Wealth reports $404,425,850 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (69% discretionary).

**How have MB GEN Wealth's assets and staff changed since 2023?**
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.

**What types of clients does MB GEN Wealth serve?**
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).

**Which custodians does MB GEN Wealth use?**
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.

**Does MB GEN Wealth report any disciplinary disclosures?**
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

**What changed in MB GEN Wealth's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $333,803,619 to $404,425,850 (+21%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $404,425,850
- Discretionary: $278,394,581
- Non-discretionary: $126,031,269

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 48 | $12,323,147 |
| High net worth individuals | 72 | $385,136,311 |
| Charitable organizations | 2 | $5,184,933 |
| Corporations or other businesses not listed above | 1 | $1,781,459 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2023 (3 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: HI, ID, LA, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- mbgenwealth.com
- Instagram @mbgenwealth
- LinkedIn @mb-generational-wealth
- LinkedIn @andrew-bloom-cfa-cfp®-1b842956
- LinkedIn @cain-martin-0246b5248
- LinkedIn @david-martin-83667473

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $0 | 3 | September 18, 2023 |
| October 2024 | $334,699,672 | 3 | January 5, 2024 |
| October 2025 | $333,803,619 | 3 | June 18, 2025 |
| October 2026 | $404,425,850 | 3 | March 19, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $333,803,619 to $404,425,850 (+21%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MB GEN Wealth (CRD 327967): Form ADV filing data as of October 2026.