# Barnes Wealth Management Group

> 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.

- CRD: 132189
- Filed as: BARNES WEALTH MANAGEMENT GROUP
- Legal name: Barnes Wealth Management Group, Inc.
- Also doing business as: IRONWOOD RETIREMENT PLAN CONSULTANTS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bakersfield, CA
- Filing period: October 2026
- Form ADV filing dated: March 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/132189
- AdvisorCensus page: https://advisorcensus.com/firm/barnes-wealth-management-group-bakersfield-ca-132189

## Quick answers

**How is Barnes Wealth Management Group compensated?**
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.

**How much does Barnes Wealth Management Group charge?**
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.

**Where is Barnes Wealth Management Group located?**
Barnes Wealth Management Group's principal office is in Bakersfield, CA, according to its Form ADV.

**Is Barnes Wealth Management Group registered with the SEC or a state?**
Barnes Wealth Management Group is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 132189.

**How much does Barnes Wealth Management Group manage?**
Barnes Wealth Management Group reports $477,213,262 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (65% discretionary).

**How have Barnes Wealth Management Group's assets and staff changed since 2021?**
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.

**What types of clients does Barnes Wealth Management Group serve?**
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).

**Which custodians does Barnes Wealth Management Group use?**
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.

**Does Barnes Wealth Management Group report any disciplinary disclosures?**
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

**What changed in Barnes Wealth Management Group's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $411,644,298 to $477,213,262 (+16%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 17, 2026)

- Hourly rate: $425 an hour (financial planning)

> 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.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Principal Securities, Inc.
- Voya Retirement Advisors, LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $477,213,262
- Discretionary: $308,385,095
- Non-discretionary: $168,828,167

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 709 | $135,992,125 |
| High net worth individuals | 124 | $167,132,670 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 41 | $168,828,167 |
| Charitable organizations | 6 | $637,308 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 17 | $4,622,992 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Educational seminars/workshops

### Firm details
- Registered since: 2020 (6 years)
- Employees: 12 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- barneswealth.com
- ironwoodretirementplanconsultants.com
- Facebook @BarnesWealthManagementGroup
- LinkedIn @barnes-wealth-management-group
- LinkedIn @ironwood-retirement-plan-consultants
- LinkedIn @adam-mackall-cfp®-cepa®-chfc®-7803b4149
- LinkedIn @dani-o-donnell-8274b9167
- LinkedIn @ronchurchchfc-cpfa-ironwoodretirementplanconsultants
- LinkedIn @scott-barks-chfc®-17698695
- LinkedIn @steven-barnes-cfp®-chfc®-aep®-6795a93
- LinkedIn @trevor-hedge-cpfa-0300b61b9

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $148,648,095 | 11 | April 13, 2021 |
| October 2022 | $154,920,485 | 10 | March 31, 2022 |
| October 2023 | $282,151,198 | 11 | September 27, 2023 |
| October 2024 | $336,831,523 | 10 | March 26, 2024 |
| October 2025 | $411,644,298 | 11 | March 28, 2025 |
| October 2026 | $477,213,262 | 12 | March 17, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $411,644,298 to $477,213,262 (+16%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Barnes Wealth Management Group (CRD 132189): Form ADV filing data as of October 2026.