Mbf Healthcare Management Ii, LLC (Coral Gables)

Mbf Healthcare Management Ii, LLC is a large advisory firm based in Coral Gables. It manages $275.79 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2016.

Mbf Healthcare Management Ii provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mbf Healthcare Management Ii: assets under management

The assets under management (AUM) of Mbf Healthcare Management Ii, LLC is $275.79 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $275.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $137.9 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mbf Healthcare Management Ii, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mbf Healthcare Management Ii serves?

The only and largest group of clients of Mbf Healthcare Management Ii is pooled investment vehicles with 2 clients and $275.79 million of assets under management. Among the 12 most similar advisory firms, Mbf Healthcare Management Ii has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $275.79 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Mbf Healthcare Management Ii also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Mbf Healthcare Management Ii, LLC

The company employs 16 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Heather Anne Viviette Enderby joined the executive team most recently as the Chief Compliance Officer And Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jorge L Rico	Managing partner	1 Apr 2016	Other	6043757
Miguel Benito Fernandez	Chief executive officer	1 Apr 2016	75% - 100%	847861
Marcio Cabrera	Managing partner	1 Apr 2016	Other	6043769
Isabel Pena	Chief compliance officer	1 Apr 2016	Other	6043771
Joseph Sleiman Ibrahim	Managing director	1 May 2016	Other	1702612
Mary Elizabeth Kowarick	Chief compliance officer and chief financial officer	1 Jun 2017	Other	2623349
Heather Anne Viviette Enderby	Chief compliance officer and chief financial officer	1 Jul 2018	Other	6981363

Based in Coral Gables

The principal office where Mbf Healthcare Management Ii, LLC performs its advisory services is located at 121 Alhambra Plaza, Coral Gables, FL 33134, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 305-476-5161 or by fax 305-461-4999. The normal business hours are 9am - 5pm on Monday - Friday.