{
  "crd_number": 148484,
  "slug": "mestmaker-and-petrey-wealth-advisors-bakersfield-ca-148484",
  "primary_business_name": "MESTMAKER & PETREY WEALTH ADVISORS",
  "legal_name": "MPWA, INC.",
  "dbas": [],
  "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": "2019-07-15",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-04-02",
  "carried_forward": false,
  "raum_total": 140785000.0,
  "raum_discretionary": 140785000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 1885000.0,
      "count": 3,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 81500000.0,
      "count": 325
    },
    "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": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 48300000.0,
      "count": 23
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 9100000.0,
      "count": 12
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "pension_consulting",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "TX"
  ],
  "websites": [
    "https://mpwealthadvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/148484",
  "city_as_filed": "BAKERSFIELD",
  "url": "https://advisorcensus.com/firm/mestmaker-and-petrey-wealth-advisors-bakersfield-ca-148484",
  "display_name": "Mestmaker & Petrey Wealth Advisors",
  "summary": "Mestmaker & Petrey Wealth Advisors is an SEC-registered investment advisory firm in Bakersfield, CA, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 2, 2026.",
  "citation": "AdvisorCensus. Mestmaker & Petrey Wealth Advisors (CRD 148484): 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)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Publication of periodicals or newsletters",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Mestmaker & Petrey Wealth Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Mestmaker & Petrey Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Mestmaker & Petrey Wealth Advisors charge?",
      "a": "Its Form ADV Part 2A brochure dated March 16, 2026 states: Flat fee: $250 to $10,000 (pension consulting services); Flat fee: $50 to $1,000 (401(k) participant services each time a review is requested by an…); Subscription: $100 a year (online newsletter & blog). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Mestmaker & Petrey Wealth Advisors located?",
      "a": "Mestmaker & Petrey Wealth Advisors' principal office is in Bakersfield, CA, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Mestmaker & Petrey Wealth Advisors registered with the SEC or a state?",
      "a": "Mestmaker & Petrey Wealth Advisors is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 148484."
    },
    {
      "q": "How much does Mestmaker & Petrey Wealth Advisors manage?",
      "a": "Mestmaker & Petrey Wealth Advisors reports $140,785,000 in regulatory assets under management in its Form ADV filing dated April 2, 2026 (100% discretionary)."
    },
    {
      "q": "How have Mestmaker & Petrey Wealth Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Mestmaker & Petrey Wealth Advisors: Regulatory assets under management: $141,689,000 in the October 2021 data and $140,785,000 in the October 2026 data, down 1%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Mestmaker & Petrey Wealth Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (325); high net worth individuals (23); corporations or other businesses not listed above (12)."
    },
    {
      "q": "Which custodians does Mestmaker & Petrey Wealth Advisors use?",
      "a": "Mestmaker & Petrey Wealth Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Mestmaker & Petrey Wealth Advisors 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/148484"
    },
    {
      "q": "Does Mestmaker & Petrey Wealth Advisors state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 16, 2026 says: \"We do not require a minimum account balance for our asset management service.\""
    },
    {
      "q": "What changed in Mestmaker & Petrey Wealth Advisors' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $190,746,375 to $140,785,000 (-26%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 141689000.0,
      "total_employees": 3,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 159200000.0,
      "total_employees": 3,
      "filing_date": "2022-04-05"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 94000000.0,
      "total_employees": 3,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 97885000.0,
      "total_employees": 3,
      "filing_date": "2024-03-11"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 190746375.0,
      "total_employees": 4,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 140785000.0,
      "total_employees": 3,
      "filing_date": "2026-04-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $190,746,375 to $140,785,000 (-26%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 16, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $250 to $10,000 (pension consulting services)",
      "Flat fee: $50 to $1,000 (401(k) participant services each time a review is requested by an…)",
      "Subscription: $100 a year (online newsletter & blog)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "We do not require a minimum account balance for our asset management service."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $250 to $10,000 (pension consulting services)"
        ],
        "quotes": [
          "Our flat fees generally range from $250 to $10,000. Flat fees will be charged quarterly for ongoing pension consulting services."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $50 to $1,000 (401(k) participant services each time a review is requested by an…)"
        ],
        "quotes": [
          "We charge a flat fee ranging from $50 to $1,000 for 401(k) participant services each time a review is requested by an individual and conducted by MPWA."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $100 a year (online newsletter & blog)"
        ],
        "quotes": [
          "Our clients may choose to subscribe to our online newsletter & blog. Our firm charges $100 annually for this service."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 250.0,
          "max": 10000.0,
          "period": "one_time",
          "service": "pension consulting services"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 50.0,
          "max": 1000.0,
          "period": "one_time",
          "service": "401(k) participant services each time a review is requested by an individual and conducted by MPWA"
        },
        {
          "kind": "subscription",
          "amount": 100.0,
          "min": null,
          "max": null,
          "period": "annual",
          "service": "online newsletter & blog"
        }
      ]
    },
    "quotes": [
      "We do not require a minimum account balance for our asset management service.",
      "Our flat fees generally range from $250 to $10,000. Flat fees will be charged quarterly for ongoing pension consulting services.",
      "We charge a flat fee ranging from $50 to $1,000 for 401(k) participant services each time a review is requested by an individual and conducted by MPWA.",
      "Our clients may choose to subscribe to our online newsletter & blog. Our firm charges $100 annually for this service."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Raymond James",
      "name_as_filed": "RAYMOND JAMES",
      "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/mestmaker-and-petrey-wealth-advisors-bakersfield-ca-148484.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 325,
      "fewer_than_5": false,
      "raum": 81500000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 23,
      "fewer_than_5": false,
      "raum": 48300000.0
    },
    {
      "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": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": true,
      "raum": 1885000.0
    },
    {
      "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": 12,
      "fewer_than_5": false,
      "raum": 9100000.0
    },
    {
      "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/148484",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}