{
  "crd_number": 113057,
  "slug": "mission-wealth-management-lp-santa-barbara-ca-113057",
  "primary_business_name": "MISSION WEALTH MANAGEMENT, LP",
  "legal_name": "MISSION WEALTH MANAGEMENT, LP",
  "dbas": [
    "MISSION WEALTH"
  ],
  "city": "Santa Barbara",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "42200",
  "metro": {
    "cbsa_code": "42200",
    "common_name": "Santa Maria",
    "msa_name": "Santa Maria-Santa Barbara, CA",
    "path": "/advisors/ca/santa-maria"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2002-06-07",
  "years_registered": 24,
  "period": "2026-10-01",
  "filing_date": "2026-09-28",
  "carried_forward": false,
  "raum_total": 17001545425.0,
  "raum_discretionary": 11898494791.0,
  "raum_non_discretionary": 5103050634.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 220,
  "advisory_employees": 135,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 159494.0,
      "count": null,
      "description": "OTHER BUSINESSES",
      "fewer_than_5": true
    },
    "charitable": {
      "raum": 211875037.0,
      "count": 28
    },
    "individuals": {
      "raum": 748487742.0,
      "count": 1666
    },
    "state_municipal": {
      "raum": 10007498.0,
      "count": 2
    },
    "pension_profit_sharing": {
      "raum": 336540.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 15995443652.0,
      "count": 3633
    },
    "corporations_other_businesses": {
      "raum": 35235462.0,
      "count": 12
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "LA",
    "MA",
    "MD",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WY"
  ],
  "websites": [
    "https://facebook.com/missionwealth",
    "https://instagram.com/mission_wealth",
    "https://linkedin.com/company/missionwealth",
    "https://missionwealth.com",
    "https://x.com/missionwealth",
    "https://youtube.com/channel/UCSHJrmtqyj_jAFEcUB8Vujg"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/113057",
  "city_as_filed": "SANTA BARBARA",
  "url": "https://advisorcensus.com/firm/mission-wealth-management-lp-santa-barbara-ca-113057",
  "display_name": "Mission Wealth Management, LP",
  "summary": "Mission Wealth Management, LP is an SEC-registered investment advisory firm in Santa Barbara, CA, registered since 2002, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 28, 2026.",
  "citation": "AdvisorCensus. Mission Wealth Management, LP (CRD 113057): 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",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Mission Wealth Management, LP compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Mission Wealth Management, LP reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Mission Wealth Management, LP located?",
      "a": "Mission Wealth Management, LP's principal office is in Santa Barbara, CA, according to its Form ADV; the October 2026 filing also lists 30 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Mission Wealth Management, LP registered with the SEC or a state?",
      "a": "Mission Wealth Management, LP is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 113057."
    },
    {
      "q": "How much does Mission Wealth Management, LP manage?",
      "a": "Mission Wealth Management, LP reports $17,001,545,425 in regulatory assets under management in its Form ADV filing dated September 28, 2026 (70% discretionary)."
    },
    {
      "q": "How have Mission Wealth Management, LP's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Mission Wealth Management, LP: Regulatory assets under management: $3,725,610,600 in the October 2021 data and $17,001,545,425 in the October 2026 data, up 356%. Total employees: 53 in October 2021 and 220 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Mission Wealth Management, LP serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (3,633); individuals (other than high net worth individuals) (1,666); charitable organizations (28)."
    },
    {
      "q": "Which custodians does Mission Wealth Management, LP use?",
      "a": "Mission Wealth Management, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Mission Wealth Management, LP 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/113057"
    },
    {
      "q": "What changed in Mission Wealth Management, LP's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 3725610600.0,
      "total_employees": 53,
      "filing_date": "2021-09-17"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 4815109612.0,
      "total_employees": 76,
      "filing_date": "2022-09-16"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 4975561347.0,
      "total_employees": 87,
      "filing_date": "2023-09-07"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 7072960768.0,
      "total_employees": 109,
      "filing_date": "2024-09-09"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 10024060630.0,
      "total_employees": 145,
      "filing_date": "2025-07-09"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 17001545425.0,
      "total_employees": 220,
      "filing_date": "2026-09-28"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Employees performing advisory functions went from 117 to 135.",
        "Regulatory assets under management went from $13,912,131,150 to $17,001,545,425 (+22%).",
        "Added an office in Bellevue, WA.",
        "Registered or notice-filed in AR.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $10,024,060,630 to $13,912,131,150 (+39%).",
        "Employees performing advisory functions went from 97 to 117.",
        "Changed its office addresses in Austin, TX.",
        "Changed its office addresses in Los Angeles, CA.",
        "Added an office in Boulder, CO.",
        "Added an office in Duluth, GA.",
        "Added an office in Eden Prairie, MN.",
        "Added an office in Melbourne, FL.",
        "Added an office in Newport Beach, CA.",
        "Added an office in Plano, TX.",
        "Added an office in Radnor, PA.",
        "Added an office in Red Bank, NJ.",
        "Added an office in San Francisco, CA.",
        "Added an office in Washington, DC.",
        "No longer lists an office in Bloomington, MN.",
        "No longer lists an office in Dallas, TX.",
        "No longer lists an office in Fort Lauderdale, FL.",
        "No longer lists an office in Goodyear, AZ.",
        "No longer lists an office in Houston, TX.",
        "No longer lists an office in New York, NY.",
        "No longer lists an office in Portland, OR.",
        "No longer lists an office in Salt Lake City, UT.",
        "No longer lists an office in Seattle, WA.",
        "No longer lists an office in Tucson, AZ.",
        "No longer lists an office in Tulso, OK.",
        "No longer lists an office in Walnut Creek, CA.",
        "No longer lists an office in West Conshohocken, PA.",
        "Registered or notice-filed in MS, ND."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES 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/mission-wealth-management-lp-santa-barbara-ca-113057.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1666,
      "fewer_than_5": false,
      "raum": 748487742.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 3633,
      "fewer_than_5": false,
      "raum": 15995443652.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 336540.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 28,
      "fewer_than_5": false,
      "raum": 211875037.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 10007498.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 12,
      "fewer_than_5": false,
      "raum": 35235462.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "fewer_than_5": true,
      "raum": 159494.0
    }
  ],
  "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/113057",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}