First Mate Financial Advisors, LLC
How we got $1.6M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
First Mate Financial Advisors LLC is a Tulsa-based holistic wealth management firm focused on wealth, tax, and estate planning, founded in March of 2011. It works one on one with clients on goals, investment strategies, and long-term investing.
From the company's website. Industry: Financial advisors.
Customers & suppliers
Suppliers & brands
- Osaic Wealth, Inc · brand it sells or installs
- Albridge OneView Reports · brand it sells or installs
- Right Capital · brand it sells or installs
- OSAIC eQuipt · brand it sells or installs
- NetXInvestor · brand it sells or installs
Estimated value over time
▲ 4% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FIRST MATE FINANCIAL ADVISORS, LLC this business | $1.5M | — |
| MELIORA CAPITAL, LLC Tulsa · 2 employees | $1.3M | 0.1 mi |
| BMAK LLC Tulsa · 1 employees | $751K | 0.3 mi |
| WR CAPITAL, LLC Tulsa · 1 employees | $767K | 0.6 mi |
| JACKSON HOLE CAPITAL PARTNERS, LLC Tulsa | $1.9M | 0.8 mi |
| CR CONSULTANTS LLC Tulsa · 1 employees | $610K | 0.8 mi |
| BCS CAPITAL SERVICES INC Tulsa · 11 employees | $5.0M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $578K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.6M |
| Multiple for this size and industry | 2.8× |
| Value range | $852K – $2.2M |
| Revenue range | $971K – $1.7M |
| EBITDA range | $380K – $659K |
| Industry (NAICS) | Other financial investment activities (523930) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“First Mate Financial Advisors LLC is a Tulsa-based holistic wealth management firm focused on WEALTH, TAX, AND ESTATE planning founded in March of 2011.”
Leadership
- ACAshley CutshallFinancial Advisor · Company website · source
- LLLaura LeslieClient Relationship Manager · Company website · source
Advisors
- BankingMabrey BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $41K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About First Mate Financial Advisors, LLC
First Mate Financial Advisors, LLC is a financial advisors company in Tulsa, Oklahoma, in business since 2011. It is owned by Jeri Barrientos (Founder). Its estimated annual revenue is about $1.5M, with roughly $578K of EBITDA. It has about 3 employees. Its estimated business value is $1.6M (likely range $852K–$2.2M).
Common questions
- Who owns First Mate Financial Advisors, LLC?
- First Mate Financial Advisors, LLC is owned by Jeri Barrientos (Founder), according to public sources such as the company's website or filings.
- How much revenue does First Mate Financial Advisors, LLC make?
- SeeBITDA estimates First Mate Financial Advisors, LLC's annual revenue at about $1.5M (likely between $971K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is First Mate Financial Advisors, LLC worth?
- About $1.6M, roughly 2.8× its estimated EBITDA of $578K, typical for a financial advisors company its size. Likely range: $852K–$2.2M.
- How many employees does First Mate Financial Advisors, LLC have?
- About 3, as reported on its PPP loan.
- When was First Mate Financial Advisors, LLC founded?
- First Mate Financial Advisors, LLC has been in business since 2011.