# MPM Wealth Advisors

> 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.

- CRD: 104926
- Filed as: MPM WEALTH ADVISORS
- Legal name: Modern Portfolio Management Inc
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Holland, OH
- Filing period: October 2026
- Form ADV filing dated: May 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104926
- AdvisorCensus page: https://advisorcensus.com/firm/mpm-wealth-advisors-holland-oh-104926

## Quick answers

**How is MPM Wealth Advisors compensated?**
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.

**Where is MPM Wealth Advisors located?**
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).

**Is MPM Wealth Advisors registered with the SEC or a state?**
MPM Wealth Advisors is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 104926.

**How much does MPM Wealth Advisors manage?**
MPM Wealth Advisors reports $1,038,583,016 in regulatory assets under management in its Form ADV filing dated May 14, 2026 (43% discretionary).

**How have MPM Wealth Advisors' assets and staff changed since 2021?**
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.

**What types of clients does MPM Wealth Advisors serve?**
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).

**Which custodians does MPM Wealth Advisors use?**
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.

**Does MPM Wealth Advisors report any disciplinary disclosures?**
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

**What changed in MPM Wealth Advisors' recent Form ADV filings?**
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).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $1,038,583,016
- Discretionary: $443,568,232
- Non-discretionary: $595,014,784

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 757 | $276,658,157 |
| High net worth individuals | 337 | $707,694,341 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $5,341,371 |
| Charitable organizations | 3 | $2,513,305 |
| Corporations or other businesses not listed above | 19 | $46,375,842 |

### 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)
- Publication of periodicals or newsletters
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 1995 (30 years)
- Employees: 18 total, 18 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: 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
- Disclosures (Item 11): Reports 4 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): 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?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): 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?
- 11.D(2): 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?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/104926

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Dearborn, MI
- Grand Rapids, MI
- Perrysburg, OH
- Southfield, MI
- West Lake Hills, TX

### Websites listed on Form ADV (Item 1.I)
- leskovarfinancial.com
- mpmwealth.com
- Facebook @MPM-WEALTH-ADVISORS-618841758220673
- LinkedIn @mpm-wealth-advisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $621,220,095 | 22 | August 24, 2021 |
| October 2022 | $708,957,562 | 22 | September 1, 2022 |
| October 2023 | $665,000,151 | 20 | August 31, 2023 |
| October 2024 | $795,032,688 | 20 | August 27, 2024 |
| October 2025 | $888,866,554 | 20 | May 22, 2025 |
| October 2026 | $1,038,583,016 | 18 | May 14, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MPM Wealth Advisors (CRD 104926): Form ADV filing data as of October 2026.