AdvisorCensus / Financial advisors / California / Modesto / Mraz and Associates
Mraz and Associates
Filed as MRAZ AND ASSOCIATES · Legal name Mraz, Amerine & Associates, Inc.
Mraz and Associates is an SEC-registered investment advisory firm in Modesto, CA, registered since 2011, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated October 1, 2026.
Quick answers
From the filingHow is Mraz and Associates compensated?
On its Form ADV (Item 5.E, October 2026), Mraz and Associates reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
Where is Mraz and Associates located?
Mraz and Associates' principal office is in Modesto, CA, according to its Form ADV.
Is Mraz and Associates registered with the SEC or a state?
Mraz and Associates is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 158338.
How much does Mraz and Associates manage?
Mraz and Associates reports $917,491,815 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (100% discretionary).
How have Mraz and Associates' assets and staff changed since 2021?
In the Form ADV data for Mraz and Associates: Regulatory assets under management: $499,019,550 in the October 2021 data and $917,491,815 in the October 2026 data, up 84%. Total employees: 8 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Mraz and Associates serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (252); high net worth individuals (221); pension and profit sharing plans (but not the plan participants or government pension plans) (9).
Which custodians does Mraz and Associates use?
Mraz and Associates' 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 Mraz and Associates 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/158338
Does Mraz and Associates state an account minimum?
Its Form ADV Part 2A brochure dated July 1, 2026 says: "The firm requires a minimum of $1,000,000 in client assets to open and maintain an advisory relationship. In our sole discretion, we may waive this requirement."
What changed in Mraz and Associates' recent Form ADV filings?
In the October 2026 filing data: Registered or notice-filed in OR.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The firm requires a minimum of $1,000,000 in client assets to open and maintain an advisory relationship. In our sole discretion, we may waive this requirement.
As stated in the firm's Form ADV Part 2A brochure dated July 1, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$917,491,815 as of October 2026, filing dated October 1, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
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
Registration and firm details
Items 1, 2, 5- Legal name
- Mraz, Amerine & Associates, Inc.
- Also doing business as
- MRAZ AND ASSOCIATES
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2011 (15 years)
- Employees
- Total: 6. Performing investment advisory functions: 5.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
6 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $917,491,815 | 6 | October 1, 2026 |
| October 2025 | $784,862,351 | 7 | May 12, 2025 |
| October 2024 | $652,513,277 | 8 | May 1, 2024 |
| October 2023 | $586,806,254 | 8 | April 10, 2023 |
| October 2022 | $565,509,753 | 11 | March 11, 2022 |
| October 2021 | $499,019,550 | 8 | March 17, 2021 |
Regulatory assets under management: $499,019,550 in the October 2021 data and $917,491,815 in the October 2026 data, up 84%.
Total employees: 8 in October 2021 and 6 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- October 2026
- Registered or notice-filed in OR.
- April 2026
- Employees performing advisory functions went from 6 to 5.
- Regulatory assets under management went from $784,862,351 to $917,491,815 (+17%).
- February 2026
- Registered or notice-filed in CO, ID, WA.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Mraz and Associates (CRD 158338): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/mraz-and-associates-modesto-ca-158338