Gbm Wealth Management, Inc.
- Regulatory AUM
- $346M
- Discretionary
- $307M
- Clients
- 546
- Avg AUM / client
- $634K
- Accounts
- 546
- Employees
- 10
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Jun 10, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 451 | $98.5M | 28.4% |
| High net worth individuals | 60 | $149M | 42.9% |
| Insurance companies | Fewer than 5 clients | $7.0M | 2.01% |
| Corporations and other businesses | 32 | $68.7M | 19.8% |
| Other | 3 | $23.5M | 6.78% |
People (10)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Raymundo Cobo Avila | President | CFA | Jun 2022 (4y) | Less than 5% |
| Eaton, Samantha, Marie | Principal | Jan 2024 (3y) | Less than 5% | |
| Jose Roberto Macouzet | Chief Executive Officer | Jan 2024 (3y) | Less than 5% | |
| Pamela Reynoso | Chief Compliance Officer | Jan 2024 (3y) | Less than 5% | |
| Rosa Andrea Flores Aranda | Registered representative | Nov 2022 (4y) | ||
| Pedro Daniel Gonzalez | Registered representative | May 2023 (3y) | ||
| Desiree Meixueiro Luna | Registered representative | Apr 2024 (2y) | ||
| Gonzalo Uribe Rojas | Registered representative | Jun 2025 (1y) | ||
| Mariana Cruz Partida | Registered representative | Jun 2025 (1y) | ||
| Mayra Rubalcaba Rodriguez | Registered representative | Oct 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Portfolio Investments, Inc. | Shareholder | May 2006 | A | 75% or more |
| Corporativo Gbm, S.A.B. De C.V. | Shareholder | Mar 1999 | B | ≈ 56.25% – 100% via Portfolio Investments, Inc. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Corporativo Gbm, S.A.B. De C.V.: 75% – 100% of Portfolio Investments, Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/10/2026 | 1.24 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: IT FAILED TO ESTABLISH AND IMPLEMENT AN ANTI-MONEY LAUNDERING (AML) PROGRAM THAT COULD REASONABLY BE EXPECTED TO DETECT AND CAUSE THE REPORTING OF SUSPICIOUS ACTIVITY. Status: Final Sanction Detail: THE FIRM WAS FINED $250,000, AND THE ENTIRE FINE WAS PAID 12/21/2021. Summary: WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH AND IMPLEMENT AN ANTI-MONEY LAUNDERING (AML) PROGRAM THAT COULD BE REASONABLY EXPECTED TO DETECT AND CAUSE THE REPORTING OF SUSPICIOUS ACTIVITY.
Allegations: THE FIRM FAILED TO TRANSMIT REPORTABLE ORDER EVENTS (ROES) TO ORDER AUDIT TRAIL SYSTEM (OATS). Status: Final Sanction Detail: THE FIRM WAS FINED $15,000 (CONSISTING OF $10,000 FOR THE OATS REPORTING FINDINGS AND $5,000 FOR THE SUPERVISORY FINDINGS. FINES PAID IN FULL OCTOBER 10, 2017. THE FIRM WAS ALSO REQUIRED TO REVISE ITS WSPS. Summary: WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT THE FIRM FAILED TO TRANSMIT REPORTABLE ORDER EVENTS (ROES) TO ORDER AUDIT TRAIL SYSTEM (OATS).
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- Pershing $293M (85% of AUM) Jun 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 10, 2026.
View current Form ADV (SEC/IAPD) ↗