AdFi
ML

MBI LLC

SEC Registered

Clarity for the Moments That Matter

BETHESDA, MDhttps://cbmcpa.com(301) 986-0600
Assets Under Management
$100M–$500M
Employees
13
Office Locations
1 office
Total Accounts
395

About the firm

Councilor (formerly CBM) is an accounting, advisory, and wealth management firm with more than 100 years of trusted service. The firm helps businesses, individuals, and families make confident decisions in complex financial, regulatory, and strategic moments through integrated expertise across accounting, advisory, and wealth management.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

IndividualsHigh Net WorthPension/Profit SharingInsurance Companies

Areas of expertise

AccountingAudit & AssuranceTax PlanningTransaction AdvisoryDivorce & Dispute AdvisoryTrusts & EstatesInvestment ManagementFinancial PlanningWealth ManagementNot-for-profitsAutomotive Dealerships+3 more

Services

Audit and assurance, accounting and financial advisory, tax planning and compliance, transaction advisory, divorce and dispute advisory, trusts and estates, investment management, and financial planning (including fee-only wealth management through Councilor Wealth).

financial_planningtax_planningdivorce_planning

Who they serve

Organizations and businesses, individuals and families, nonprofits, closely held businesses, automotive dealerships, construction and real estate firms, professional services firms, and law firms.

Client segmentClientsAssets managed
Individuals (Non-HNW)96$32M
High Net Worth Individuals95$269M
Investment Companies0
Pooled Investment Vehicles0$0
Pension/Profit Sharing Plans0$0
Charitable Organizations5$2.6M
State/Municipal Entities1
Insurance Companies0
Sovereign Wealth Funds0
Corporations0$0

0 total clients reported on Form ADV.

Leadership

Judith Parmelee Barnhard
CHIEF COMPLIANCE OFFICER
Debora Ellen May
CHIEF INVESTMENT OFFICER

Office locations

1 office in 1 state
MD
BETHESDAHQ

Advisors at this firm

10 advisors in the directory

Regulatory & compliance

CRD number
#170858
SEC Number
801-110144
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Hourly / Flat Fee
Asset tierAnnual rate
$0 - $750,000
$750,001 - $1,250,0000.90%
$1,250,001 - $2,500,0000.80%
$2,500,001 - $3,750,0000.70%
$3,750,001 - $5,000,0000.60%
$5,000,001 - $10,000,0000.50%
$10,000,001 and above

Data as of January 28, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. MBI LLC has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

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MBI LLC in BETHESDA, MD | AdvisorFinder