Mra Advisory Group
Assets Under Management
$293.6M
Number of Clients
401
Number of Advisors
8
Average Client AUM
$732K
AUM per Advisor
$36.7M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
MRA Advisory Group offers comprehensive financial planning, fee-based wealth management, risk-based investing, tax planning, tax preparation, retirement planning, estate planning preparation, business services, and insurance planning. They also offer access to high-yield savings accounts.
Fee Structure
MRA charges fees for financial planning subscription services ($69/month for Core, $92/month for Plus). Wealth management fees are negotiable, up to 2.00% annually based on assets under management. Tax preparation starts at $600/year. Estate planning document preparation starts at $475. Biblically Responsible Investing has a 0.45% annual fee. MRA also earns 0.05% on client deposits in MRA High Yield Cash accounts. A $50,000 minimum is required to open an investment account, but this is negotiable.
Areas of Practice
Location
14 Walsh Drive, Suite 302, Parsippany, NJ, 07054