9AT: MMBG INVESTMENT ADVISORS CO.

MMBG INVESTMENT ADVISORS CO.

MMBG INVESTMENT ADVISORS CO.

Adviser Profile

As of Date	03/27/2026
Registration	SEC, Approved, 10/20/2016
ADV Location	MIAMI, FL, United States
Contact Info	305 xxxxxxx
Websites

AUM^*	2,983,709,180 52%
of that, discretionary	2,983,709,180 52%
Number of Employees	14 100%
of those in investment advisory functions	9 200%
Private Fund GAV^*	0
Avg Account Size	12,750,894 8%
% High Net Worth	97.84% 0%
SMA’s	Yes
Private Funds	0

Adviser Type

- Large advisory firm

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Charitable organizations
- Corporations or other businesses not listed above

Advisory Activities

- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)

Reported AUM

3B 3B 2B 2B 1B 852M 426M

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Brochure Summary

Overview

The Firm was formed in August 2016. It was registered as an investment adviser with the US Securities and Exchange Commission (“SEC”) on October 20, 2016. Controladora MG Internacional S.A.P.I de C.V., which is owned and controlled by Mauricio Morales and Bernardo Guerra, is the principal owner of the Firm. MMBG is an investment advisory firm that provides discretionary investment advice to clients. We expect our investments to span across a wide range of securities products and industries, in the United States and abroad, and including equity, fixed-income securities and cash and equivalents. Please refer to Item 8 Methods of Analysis, Investment Strategies and Risk of Loss, for a more detailed description of our investment strategies. The investment management services that we will provide to our clients primarily consist of investigating, structuring and negotiating investments and dispositions, monitoring

the performance of investments and performing certain administrative services. These services will be provided pursuant to investment management agreements. We provide tailored advice to each client that takes into account its investment objectives and the investment restrictions specified by each client in its investment management agreement. The Firm also provides, in certain cases, limited financial planning services. Specifically, in such cases, the Firm assists clients by conducting a comprehensive review of the client’s securities holdings and financial profile and implementing a specific investment plan based thereon. Wrap Fee Programs We do not participate in wrap fee programs. Assets Under Management As of December 31, 2023, MMBG managed approximately $1,966,726,158 regulatory assets under management on a discretionary basis, and no regulatory assets under management on a non- discretionary basis.