{ "crd_number": 104926, "slug": "mpm-wealth-advisors-holland-oh-104926", "primary_business_name": "MPM WEALTH ADVISORS", "legal_name": "MODERN PORTFOLIO MANAGEMENT INC", "dbas": [], "city": "Holland", "state": "OH", "country": "United States", "cbsa_code": "45780", "metro": { "cbsa_code": "45780", "common_name": "Toledo", "msa_name": "Toledo, OH", "path": "/advisors/oh/toledo" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1995-11-17", "years_registered": 30, "period": "2026-10-01", "filing_date": "2026-05-14", "carried_forward": false, "raum_total": 1038583016.0, "raum_discretionary": 443568232.0, "raum_non_discretionary": 595014784.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 18, "advisory_employees": 18, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 2513305.0, "count": 3, "fewer_than_5": true }, "individuals": { "raum": 276658157.0, "count": 757 }, "pension_profit_sharing": { "raum": 5341371.0, "count": 2, "fewer_than_5": true }, "high_net_worth_individuals": { "raum": 707694341.0, "count": 337 }, "corporations_other_businesses": { "raum": 46375842.0, "count": 19 } }, "compensation_types": [ "fixed", "hourly", "other", "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "financial_planning", "other", "pension_consulting", "periodicals_newsletters", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 4, "states_registered": [ "AZ", "CA", "CO", "FL", "GA", "IL", "IN", "KY", "LA", "MA", "MD", "MI", "MN", "NC", "NE", "NH", "NY", "OH", "PA", "SC", "TN", "TX", "VA", "WA", "WI", "WY" ], "websites": [ "https://facebook.com/MPM-WEALTH-ADVISORS-618841758220673", "https://leskovarfinancial.com", "https://linkedin.com/company/mpm-wealth-advisors", "https://mpmwealth.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/104926", "disclosure_items": [ { "item": "11.C(2)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?" }, { "item": "11.C(4)", "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.C(5)", "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?" }, { "item": "11.D(2)", "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?" } ], "city_as_filed": "HOLLAND", "url": "https://advisorcensus.com/firm/mpm-wealth-advisors-holland-oh-104926", "display_name": "MPM Wealth Advisors", "summary": "MPM Wealth Advisors is an SEC-registered investment advisory firm in Holland, OH, registered since 1995, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 14, 2026.", "citation": "AdvisorCensus. MPM Wealth Advisors (CRD 104926): 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)", "Other" ], "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)", "Publication of periodicals or newsletters", "Educational seminars/workshops", "Other" ], "quick_answers": [ { "q": "How is MPM Wealth Advisors compensated?", "a": "On its Form ADV (Item 5.E, October 2026), MPM Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other." }, { "q": "Where is MPM Wealth Advisors located?", "a": "MPM Wealth Advisors' principal office is in Holland, OH, according to its Form ADV; the June 2026 filing also lists 5 other offices (Schedule D, Section 1.F)." }, { "q": "Is MPM Wealth Advisors registered with the SEC or a state?", "a": "MPM Wealth Advisors is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 104926." }, { "q": "How much does MPM Wealth Advisors manage?", "a": "MPM Wealth Advisors reports $1,038,583,016 in regulatory assets under management in its Form ADV filing dated May 14, 2026 (43% discretionary)." }, { "q": "How have MPM Wealth Advisors' assets and staff changed since 2021?", "a": "In the Form ADV data for MPM Wealth Advisors: Regulatory assets under management: $621,220,095 in the October 2021 data and $1,038,583,016 in the October 2026 data, up 67%. Total employees: 22 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does MPM Wealth Advisors serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (757); high net worth individuals (337); corporations or other businesses not listed above (19)." }, { "q": "Which custodians does MPM Wealth Advisors use?", "a": "MPM Wealth Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does MPM Wealth Advisors report any disciplinary disclosures?", "a": "Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), and 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/104926" }, { "q": "What changed in MPM Wealth Advisors' recent Form ADV filings?", "a": "In the April 2026 filing data: Item 11 disclosure answers changed: 4 yes answers, previously 5 (now no: 11.D(4)). Employees performing advisory functions went from 20 to 18. Regulatory assets under management went from $888,866,554 to $1,038,583,016 (+17%). Changed its office addresses in Grand Rapids, MI. Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 621220095.0, "total_employees": 22, "filing_date": "2021-08-24" }, { "period": "2022-10-01", "regulatory_assets_under_management": 708957562.0, "total_employees": 22, "filing_date": "2022-09-01" }, { "period": "2023-10-01", "regulatory_assets_under_management": 665000151.0, "total_employees": 20, "filing_date": "2023-08-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": 795032688.0, "total_employees": 20, "filing_date": "2024-08-27" }, { "period": "2025-10-01", "regulatory_assets_under_management": 888866554.0, "total_employees": 20, "filing_date": "2025-05-22" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1038583016.0, "total_employees": 18, "filing_date": "2026-05-14" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Item 11 disclosure answers changed: 4 yes answers, previously 5 (now no: 11.D(4)).", "Employees performing advisory functions went from 20 to 18.", "Regulatory assets under management went from $888,866,554 to $1,038,583,016 (+17%).", "Changed its office addresses in Grand Rapids, MI.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "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/mpm-wealth-advisors-holland-oh-104926.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 757, "fewer_than_5": false, "raum": 276658157.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 337, "fewer_than_5": false, "raum": 707694341.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 2, "fewer_than_5": true, "raum": 5341371.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 3, "fewer_than_5": true, "raum": 2513305.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 19, "fewer_than_5": false, "raum": 46375842.0 } ], "disclosure_line": "Reports 4 disclosure items on Form ADV Item 11.", "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/104926", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }