{
  "crd_number": 132189,
  "slug": "barnes-wealth-management-group-bakersfield-ca-132189",
  "primary_business_name": "BARNES WEALTH MANAGEMENT GROUP",
  "legal_name": "BARNES WEALTH MANAGEMENT GROUP, INC.",
  "dbas": [
    "IRONWOOD RETIREMENT PLAN CONSULTANTS"
  ],
  "city": "Bakersfield",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "12540",
  "metro": {
    "cbsa_code": "12540",
    "common_name": "Bakersfield",
    "msa_name": "Bakersfield-Delano, CA",
    "path": "/advisors/ca/bakersfield"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-02-03",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-03-17",
  "carried_forward": false,
  "raum_total": 477213262.0,
  "raum_discretionary": 308385095.0,
  "raum_non_discretionary": 168828167.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 12,
  "advisory_employees": 7,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 637308.0,
      "count": 6
    },
    "individuals": {
      "raum": 135992125.0,
      "count": 709
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 168828167.0,
      "count": 41
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 167132670.0,
      "count": 124
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 4622992.0,
      "count": 17
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "PA",
    "TX"
  ],
  "websites": [
    "https://barneswealth.com",
    "https://facebook.com/BarnesWealthManagementGroup",
    "https://ironwoodretirementplanconsultants.com",
    "https://linkedin.com/company/barnes-wealth-management-group",
    "https://linkedin.com/company/ironwood-retirement-plan-consultants",
    "https://linkedin.com/in/adam-mackall-cfp%C2%AE-cepa%C2%AE-chfc%C2%AE-7803b4149",
    "https://linkedin.com/in/dani-o-donnell-8274b9167",
    "https://linkedin.com/in/ronchurchchfc-cpfa-ironwoodretirementplanconsultants",
    "https://linkedin.com/in/scott-barks-chfc%C2%AE-17698695",
    "https://linkedin.com/in/steven-barnes-cfp%C2%AE-chfc%C2%AE-aep%C2%AE-6795a93",
    "https://linkedin.com/in/trevor-hedge-cpfa-0300b61b9"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/132189",
  "city_as_filed": "BAKERSFIELD",
  "url": "https://advisorcensus.com/firm/barnes-wealth-management-group-bakersfield-ca-132189",
  "display_name": "Barnes Wealth Management Group",
  "summary": "Barnes Wealth Management Group is an SEC-registered investment advisory firm in Bakersfield, CA, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 17, 2026.",
  "citation": "AdvisorCensus. Barnes Wealth Management Group (CRD 132189): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Barnes Wealth Management Group compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Barnes Wealth Management Group reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "How much does Barnes Wealth Management Group charge?",
      "a": "Its Form ADV Part 2A brochure dated March 17, 2026 states: Hourly rate: $425 an hour (financial planning). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Barnes Wealth Management Group located?",
      "a": "Barnes Wealth Management Group's principal office is in Bakersfield, CA, according to its Form ADV."
    },
    {
      "q": "Is Barnes Wealth Management Group registered with the SEC or a state?",
      "a": "Barnes Wealth Management Group is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 132189."
    },
    {
      "q": "How much does Barnes Wealth Management Group manage?",
      "a": "Barnes Wealth Management Group reports $477,213,262 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (65% discretionary)."
    },
    {
      "q": "How have Barnes Wealth Management Group's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Barnes Wealth Management Group: Regulatory assets under management: $148,648,095 in the October 2021 data and $477,213,262 in the October 2026 data, up 221%. Total employees: 11 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Barnes Wealth Management Group serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (709); high net worth individuals (124); pension and profit sharing plans (but not the plan participants or government pension plans) (41)."
    },
    {
      "q": "Which custodians does Barnes Wealth Management Group use?",
      "a": "Barnes Wealth Management Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Principal Securities, Inc. and Voya Retirement Advisors, LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Barnes Wealth Management Group report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/132189"
    },
    {
      "q": "What changed in Barnes Wealth Management Group's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $411,644,298 to $477,213,262 (+16%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 148648095.0,
      "total_employees": 11,
      "filing_date": "2021-04-13"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 154920485.0,
      "total_employees": 10,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 282151198.0,
      "total_employees": 11,
      "filing_date": "2023-09-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 336831523.0,
      "total_employees": 10,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 411644298.0,
      "total_employees": 11,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 477213262.0,
      "total_employees": 12,
      "filing_date": "2026-03-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $411,644,298 to $477,213,262 (+16%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 17, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $425 an hour (financial planning)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $425 an hour (financial planning)"
        ],
        "quotes": [
          "BWMG charges an hourly or fixed fee for financial planning services. Clients are typically billed $425 an hour for financial planning and $135 for planning support activities."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 425.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning"
        }
      ]
    },
    "quotes": [
      "BWMG charges an hourly or fixed fee for financial planning services. Clients are typically billed $425 an hour for financial planning and $135 for planning support activities."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Principal Securities, Inc.",
      "name_as_filed": "PRINCIPAL SECURITIES, INC.",
      "affiliated": false
    },
    {
      "name": "Voya Retirement Advisors, LLC",
      "name_as_filed": "VOYA RETIREMENT ADVISORS, LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/barnes-wealth-management-group-bakersfield-ca-132189.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 709,
      "fewer_than_5": false,
      "raum": 135992125.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 124,
      "fewer_than_5": false,
      "raum": 167132670.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 41,
      "fewer_than_5": false,
      "raum": 168828167.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 6,
      "fewer_than_5": false,
      "raum": 637308.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 17,
      "fewer_than_5": false,
      "raum": 4622992.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/132189",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}