# MRD, Inc.

> MRD, Inc. is an SEC-registered investment advisory firm in Irvine, CA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 6, 2026.

- CRD: 111227
- Filed as: MRD, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Irvine, CA
- Filing period: October 2026
- Form ADV filing dated: August 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111227
- AdvisorCensus page: https://advisorcensus.com/firm/mrd-inc-irvine-ca-111227

## Quick answers

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

**How much does MRD, Inc. charge?**
Its Form ADV Part 2A brochure dated August 6, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is MRD, Inc. located?**
MRD, Inc.'s principal office is in Irvine, CA, according to its Form ADV.

**Is MRD, Inc. registered with the SEC or a state?**
MRD, Inc. is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 111227.

**How much does MRD, Inc. manage?**
MRD, Inc. reports $181,702,390 in regulatory assets under management in its Form ADV filing dated August 6, 2026 (100% discretionary).

**How have MRD, Inc.'s assets and staff changed since 2022?**
In the Form ADV data for MRD, Inc.: Regulatory assets under management: $131,652,645 in the October 2022 data and $181,702,390 in the October 2026 data, up 38%. Total employees: 2 in October 2022 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MRD, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (42); individuals (other than high net worth individuals) (31).

**Which custodians does MRD, Inc. use?**
MRD, Inc.'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 MRD, Inc. 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/111227

**Does MRD, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated August 6, 2026 says: "Generally, MRD requires clients to maintain a minimum account size of $1,000,000. Withdrawal of significant funds may result in a request for additional fund deposits to continue with management of accounts."

**What changed in MRD, Inc.'s recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $159,484,688 to $181,702,390 (+14%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated August 6, 2026)

- Asset-based fee: up to 1% of assets a year (the maximum the brochure states)

> We charge advisory fees at a rate not to exceed 1.00% annually based on the market value of the portfolio. This rate is negotiable at the discretion of MRD.

- Account minimum: $1,000,000

> Generally, MRD requires clients to maintain a minimum account size of $1,000,000. Withdrawal of significant funds may result in a request for additional fund deposits to continue with management of accounts.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### 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: $181,702,390
- Discretionary: $181,702,390
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 31 | $17,723,495 |
| High net worth individuals | 42 | $163,978,895 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $131,652,645 | 2 | May 6, 2022 |
| October 2023 | $126,536,782 | 2 | February 20, 2023 |
| October 2024 | $136,172,127 | 1 | June 24, 2024 |
| October 2025 | $159,484,688 | 1 | April 1, 2025 |
| October 2026 | $181,702,390 | 2 | August 6, 2026 |

Regulatory assets under management: $131,652,645 in the October 2022 data and $181,702,390 in the October 2026 data, up 38%.
Total employees: 2 in October 2022 and 2 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $159,484,688 to $181,702,390 (+14%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MRD, Inc. (CRD 111227): Form ADV filing data as of October 2026.