About MG Financial
MG Financial is a company based in Braintree (United States) founded in 1996 was acquired by Aspen Standard Wealth in August 2025.. The company has 2 employees as of December 31, 2018. MG Financial offers products and services including Investment Management, Financial Planning, Estate Planning, Philanthropic Strategies, and Corporate Compensation Management. MG Financial operates in a competitive market with competitors including The Tifin Group, Ascensus, Learnvest, Farther and Capitalize, among others.
- Headquarter Braintree, United States
- Employees 2 as on 31 Dec, 2018
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Sectors
Technology
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Phone
*********
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Website
*********
- Legal Name Mg Financial, Llc
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Annual Revenue
$32.56 K (USD)3as on Dec 31, 2018
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Net Profit
$4.8 K (USD)-39as on Dec 31, 2018
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
2
as on Dec 31, 2018
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Acquired by
Aspen Standard Wealth
(Aug 06, 2025)
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Products & Services of MG Financial
MG Financial offers a comprehensive portfolio of products and services, including Investment Management, Financial Planning, Estate Planning, Philanthropic Strategies, and Corporate Compensation Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages investments and portfolios for high net worth clients
Offers comprehensive financial and tax planning strategies
Provides estate and trust management solutions for clients
Advises on charitable giving and foundation management
Handles compensation planning for corporate clients
Funding Insights of MG Financial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MG Financial
MG Financial has secured backing from 1 investor. Prominent investors backing the company include Aspen Standard Wealth. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Acquires RIAs and provides marketing, talent, and partnership support for advisors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MG Financial
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MG Financial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mg Financial Comparisons
Competitors of MG Financial
MG Financial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as The Tifin Group, Ascensus, Learnvest, Farther and Capitalize, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-enabled financial planning and advisory solutions are provided for individuals.
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| domain | founded_year | HQ Location |
Retirement, health, and college savings services are administered nationwide.
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| domain | founded_year | HQ Location |
Personal finance management and investment advise
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| domain | founded_year | HQ Location |
App-based financial planning and management platform for individuals
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| domain | founded_year | HQ Location |
Financial planning and advisory platform
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| domain | founded_year | HQ Location |
An app-based platform is provided for individual wealth management.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MG Financial
When was MG Financial founded?
MG Financial was founded in 1996.
Where is MG Financial located?
MG Financial is headquartered in Braintree, United States. It is registered at Braintree, Massachusetts, United States.
How many employees does MG Financial have?
As of Dec 31, 2018, the latest employee count at MG Financial is 2.
What is the annual revenue of MG Financial?
Annual revenue of MG Financial is $32.56K as on Dec 31, 2018.
What does MG Financial do?
MG Financial was established in 1996 in Braintree, United States, within the financial services sector. Operations focus on delivering wealth management and financial planning to high-net-worth individuals. Services encompass financial counsel, wealth planning, and investment management. Tailored financial strategies are developed through collaboration between clients and a team leveraging industry expertise.
Who are the top competitors of MG Financial?
MG Financial's top competitors include The Tifin Group, Ascensus and Farther.
What products or services does MG Financial offer?
MG Financial offers Investment Management, Financial Planning, Estate Planning, Philanthropic Strategies, and Corporate Compensation Management.
Who are MG Financial's investors?
MG Financial has 1 investor. Key investors include Aspen Standard Wealth.