MRA Associates

What MRA Associates does

MRA Associates is a privately held wealth management and investment advisory firm headquartered in Phoenix, Arizona, founded in 1991 by current Chairman Dennis Miller. The firm provides integrated financial advisory services — spanning wealth planning, tax consulting, retirement plan advisory, and estate planning — to high-net-worth individuals, families, business owners, executives, and professional athletes, as well as investment advisory and co-fiduciary services to corporate retirement plan sponsors and nonprofit endowment and foundation leaders.

The firm operates an enterprise field-sales model with dedicated financial advisors and relationship managers engaging clients directly across the full financial and investment strategy stack, with documented specialization in holistic tax, retirement, and estate planning. Service lines include 3(21) and 3(38) fiduciary services, OCIO mandates, plan design optimization, financial wellness programs, committee education, and donor development for nonprofit clients. Distribution is national in scope through association with the CAPTRUST platform, with a primary Phoenix office at 2375 East Camelback Road and a 19-person local advisory team.

Revenue is generated on a recurring, fee-based model tied to advisory mandates and assets under management, with pricing not publicly disclosed and structured on a quote basis aligned to client asset levels and service scope. Marketing is executed through proprietary content (VESTED magazine, articles, podcasts, webinars), social channels, and a referral program; the firm supports thousands of employer organizations at the platform level and serves a vertically segmented client base spanning individuals, retirement plan sponsors, and nonprofit institutions.

Name

MRA Associates

Legal name

CAPTRUST

Website

https://mraassociates.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

MRA Associates is a Phoenix-based, privately held wealth management and investment advisory firm founded in 1991, serving high-net-worth individuals, corporate retirement plan sponsors, and nonprofit endowment and foundation leaders with holistic tax, retirement, and estate planning services.

Ownership category

akta.pro rank

Product category

Wealth Management & Investment Advisory Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Financial Planning–Led RIAs (FSAAACAB), Tax-Focused Wealth Management RIAs (FSAAACAD)

Keywords

• Investment advisory services
• Wealth management solutions
• Retirement plan advisory
• Estate planning services
• Tax consulting advisory

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Wealth Management and Investment Advisory Services: Comprehensive wealth planning and investment advisory services provided to high-net-worth individuals, families, business owners, corporate retirement plans, and nonprofit endowments and foundations. Revenue generated through advisory fees for fiduciary services, investment management, and financial planning.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

MRA Associates provides investment advisory, wealth management, and tax consulting services to private clients and institutions through its Phoenix office. Core offerings include comprehensive wealth planning and portfolio management for high-net-worth individuals and families, fiduciary and co-fiduciary retirement plan advisory (3(21), 3(38), and OCIO services) for employer organizations, and investment, fiduciary, and risk management services for nonprofit endowments and foundations.

Product overview

No product or service information available in the provided source data. The source content describes CAPTRUST's financial advisory services (wealth management, retirement planning, endowment services) for their Phoenix, AZ location, but no technology products, modules, or named offerings were identified.

Differentiator

Problem solved

Functional benefit

Brands

• VESTED: A platform or magazine offering financial content, podcasts, and resources for clients.

Products and services

• Wealth Management for Individuals & Families

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves3 records

Expansion highlights3 records

Direct peers

• CAPTRUST: National RIA providing wealth management, retirement plan advisory, and endowment/foundation services. Directly comparable as MRA appears operationally affiliated with CAPTRUST's Phoenix office and shares identical client verticals and service model.
• Creative Planning: Large national RIA offering wealth management, tax planning, and estate services to HNW individuals and families. Comparable in providing integrated financial planning with strong tax and retirement focus, though at significantly larger scale.
• Mariner Wealth Advisors: National wealth advisory firm serving HNW individuals, families, and institutions with comprehensive financial planning. Directly comparable multi-vertical model spanning personal wealth, retirement plans, and institutional advisory.
• Mercer Advisors: National RIA providing wealth management, tax planning, estate planning, and investment advisory to HNW households. Similar holistic financial planning approach with PE-backed scale and multi-state footprint.
• Hightower Advisors: Wealth management firm serving HNW individuals, families, and institutions through a partnership model of advisor teams. Comparable in serving complex HNW clients with integrated planning and institutional retirement services.
• Carson Group: National wealth management firm offering financial planning, investment management, and tax services to individuals and retirement plan sponsors. Comparable multi-vertical model with emphasis on holistic planning for business owners and HNW families.
• Buckingham Strategic Wealth: National RIA providing evidence-based wealth management, tax planning, and retirement advisory. Comparable in HNW-focused planning model with emphasis on integrated investment and tax strategy.
• Truepoint Wealth Counsel: Mid-market RIA providing fee-only wealth management, tax, and estate planning to HNW families. Comparable in boutique-to-mid-market positioning with holistic planning emphasis.

Broad incumbents

• Focus Financial Partners: Leading partnership of independent wealth management firms, providing scale, M&A infrastructure, and operational support. Relevant as a potential acquirer/consolidator in the RIA roll-up space where MRA competes.
• Edelman Financial Engines: Large national wealth management and retirement plan advisory firm. Comparable in serving both individual investors and corporate retirement plan sponsors at significantly larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/mra_associates
• LinkedInlinkedin.com/company/captrust

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MRA Associates