# Mestmaker & Petrey Wealth Advisors

> 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.

- CRD: 148484
- Filed as: MESTMAKER & PETREY WEALTH ADVISORS
- Legal name: Mpwa, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bakersfield, CA
- Filing period: October 2026
- Form ADV filing dated: April 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/148484
- AdvisorCensus page: https://advisorcensus.com/firm/mestmaker-and-petrey-wealth-advisors-bakersfield-ca-148484

## Quick answers

**How is Mestmaker & Petrey Wealth Advisors compensated?**
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).

**How much does Mestmaker & Petrey Wealth Advisors charge?**
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.

**Where is Mestmaker & Petrey Wealth Advisors located?**
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).

**Is Mestmaker & Petrey Wealth Advisors registered with the SEC or a state?**
Mestmaker & Petrey Wealth Advisors is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 148484.

**How much does Mestmaker & Petrey Wealth Advisors manage?**
Mestmaker & Petrey Wealth Advisors reports $140,785,000 in regulatory assets under management in its Form ADV filing dated April 2, 2026 (100% discretionary).

**How have Mestmaker & Petrey Wealth Advisors' assets and staff changed since 2021?**
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.

**What types of clients does Mestmaker & Petrey Wealth Advisors serve?**
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).

**Which custodians does Mestmaker & Petrey Wealth Advisors use?**
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.

**Does Mestmaker & Petrey Wealth Advisors 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/148484

**Does Mestmaker & Petrey Wealth Advisors state an account minimum?**
Its Form ADV Part 2A brochure dated March 16, 2026 says: "We do not require a minimum account balance for our asset management service."

**What changed in Mestmaker & Petrey Wealth Advisors' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $190,746,375 to $140,785,000 (-26%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 16, 2026)

- Account minimum: None

> We do not require a minimum account balance for our asset management service.

- Flat fee: $250 to $10,000 (pension consulting services)

> Our flat fees generally range from $250 to $10,000. Flat fees will be charged quarterly for ongoing pension consulting services.

- Flat fee: $50 to $1,000 (401(k) participant services each time a review is requested by an…)

> 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.

- Subscription: $100 a year (online newsletter & blog)

> Our clients may choose to subscribe to our online newsletter & blog. Our firm charges $100 annually for this service.

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

### Custodians (Schedule D, Section 5.K(3))
- Raymond James

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: $140,785,000
- Discretionary: $140,785,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 325 | $81,500,000 |
| High net worth individuals | 23 | $48,300,000 |
| 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) | 0 | $0 |
| Charitable organizations | 3 | $1,885,000 |
| 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 | 12 | $9,100,000 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2019 (7 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Santa Margarita, CA

### Websites listed on Form ADV (Item 1.I)
- mpwealthadvisors.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $141,689,000 | 3 | March 31, 2021 |
| October 2022 | $159,200,000 | 3 | April 5, 2022 |
| October 2023 | $94,000,000 | 3 | March 31, 2023 |
| October 2024 | $97,885,000 | 3 | March 11, 2024 |
| October 2025 | $190,746,375 | 4 | March 31, 2025 |
| October 2026 | $140,785,000 | 3 | April 2, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $190,746,375 to $140,785,000 (-26%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mestmaker & Petrey Wealth Advisors (CRD 148484): Form ADV filing data as of October 2026.