# Mission Wealth Management, LP

> 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.

- CRD: 113057
- Filed as: MISSION WEALTH MANAGEMENT, LP
- Also doing business as: MISSION WEALTH
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Santa Barbara, CA
- Filing period: October 2026
- Form ADV filing dated: September 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/113057
- AdvisorCensus page: https://advisorcensus.com/firm/mission-wealth-management-lp-santa-barbara-ca-113057

## Quick answers

**How is Mission Wealth Management, LP compensated?**
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).

**Where is Mission Wealth Management, LP located?**
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).

**Is Mission Wealth Management, LP registered with the SEC or a state?**
Mission Wealth Management, LP is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 113057.

**How much does Mission Wealth Management, LP manage?**
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).

**How have Mission Wealth Management, LP's assets and staff changed since 2021?**
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.

**What types of clients does Mission Wealth Management, LP serve?**
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).

**Which custodians does Mission Wealth Management, LP use?**
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.

**Does Mission Wealth Management, LP 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/113057

**What changed in Mission Wealth Management, LP's recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services 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: $17,001,545,425
- Discretionary: $11,898,494,791
- Non-discretionary: $5,103,050,634

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,666 | $748,487,742 |
| High net worth individuals | 3,633 | $15,995,443,652 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $336,540 |
| Charitable organizations | 28 | $211,875,037 |
| State or municipal government entities (including government pension plans) | 2 | $10,007,498 |
| Corporations or other businesses not listed above | 12 | $35,235,462 |
| Other | Fewer than 5 | $159,494 |

### 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
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2002 (24 years)
- Employees: 220 total, 135 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: 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
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Alpharetta, GA
- Ann Arbor, MI
- Austin, TX
- Bellevue, WA
- Boulder, CO
- Dedham, MA
- Denver, CO
- Duluth, GA
- Eden Prairie, MN
- Gig Harbor, WA
- Hallandale Beach, FL
- Houston, TX
- Indianapolis, IN
- Irvine, CA
- Lisle, IL
- Los Angeles, CA
- Melbourne, FL
- New York, NY
- Newport Beach, CA
- Novi, MI
- Park City, UT
- Plano, TX
- Radnor, PA
- Red Bank, NJ
- San Diego, CA
- San Francisco, CA
- Scottsdale, AZ
- Tampa, FL
- Thousand Oaks, CA
- Washington, DC

### Websites listed on Form ADV (Item 1.I)
- missionwealth.com
- Facebook @missionwealth
- Instagram @mission_wealth
- LinkedIn @missionwealth
- X @missionwealth
- YouTube @UCSHJrmtqyj_jAFEcUB8Vujg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,725,610,600 | 53 | September 17, 2021 |
| October 2022 | $4,815,109,612 | 76 | September 16, 2022 |
| October 2023 | $4,975,561,347 | 87 | September 7, 2023 |
| October 2024 | $7,072,960,768 | 109 | September 9, 2024 |
| October 2025 | $10,024,060,630 | 145 | July 9, 2025 |
| October 2026 | $17,001,545,425 | 220 | September 28, 2026 |

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.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### August 2026
- 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).

### April 2026
- 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mission Wealth Management, LP (CRD 113057): Form ADV filing data as of October 2026.