{
  "crd_number": 110787,
  "slug": "muhlenkamp-and-co-inc-wexford-pa-110787",
  "primary_business_name": "MUHLENKAMP & CO INC",
  "legal_name": "MUHLENKAMP & CO INC",
  "dbas": [],
  "city": "Wexford",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "38300",
  "metro": {
    "cbsa_code": "38300",
    "common_name": "Pittsburgh",
    "msa_name": "Pittsburgh, PA",
    "path": "/advisors/pa/pittsburgh"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1981-10-08",
  "years_registered": 44,
  "period": "2026-10-01",
  "filing_date": "2025-12-19",
  "carried_forward": false,
  "raum_total": 435829498.0,
  "raum_discretionary": 435829498.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 935317.0,
      "count": 2,
      "description": "UNASSIGNED",
      "fewer_than_5": true
    },
    "charitable": {
      "raum": 6157081.0,
      "count": 4,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 17797540.0,
      "count": 31
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 253582806.0,
      "count": 1
    },
    "pension_profit_sharing": {
      "raum": 345855.0,
      "count": 1,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 154210261.0,
      "count": 29
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 2800638.0,
      "count": 1,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "OH",
    "PA",
    "TX"
  ],
  "websites": [
    "https://facebook.com/MUHLENKAMPANDCOMPANY",
    "https://facebook.com/ybwealthy",
    "https://instagram.com/ybwealthy",
    "https://linkedin.com/COMPANY/MUHLENKAMP-&-COMPANY",
    "https://muhlenkamp.com",
    "https://tiktok.com/@ybwealthy?lang=en",
    "https://vimeo.com/MUHLENKAMP",
    "https://ybwealthy.com",
    "https://youtube.com/@YBWealthy"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110787",
  "city_as_filed": "WEXFORD",
  "url": "https://advisorcensus.com/firm/muhlenkamp-and-co-inc-wexford-pa-110787",
  "display_name": "Muhlenkamp & Co Inc",
  "summary": "Muhlenkamp & Co Inc is an SEC-registered investment advisory firm in Wexford, PA, registered since 1981, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated December 19, 2025.",
  "citation": "AdvisorCensus. Muhlenkamp & Co Inc (CRD 110787): 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"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Publication of periodicals or newsletters",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Muhlenkamp & Co Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Muhlenkamp & Co Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Muhlenkamp & Co Inc located?",
      "a": "Muhlenkamp & Co Inc's principal office is in Wexford, PA, according to its Form ADV."
    },
    {
      "q": "Is Muhlenkamp & Co Inc registered with the SEC or a state?",
      "a": "Muhlenkamp & Co Inc is an SEC-registered investment advisory firm, registered since 1981. Status as filed: Approved. CRD 110787."
    },
    {
      "q": "How much does Muhlenkamp & Co Inc manage?",
      "a": "Muhlenkamp & Co Inc reports $435,829,498 in regulatory assets under management in its Form ADV filing dated December 19, 2025 (100% discretionary)."
    },
    {
      "q": "How have Muhlenkamp & Co Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Muhlenkamp & Co Inc: Regulatory assets under management: $231,106,045 in the October 2021 data and $435,829,498 in the October 2026 data, up 89%. Total employees: 7 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Muhlenkamp & Co Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (31); high net worth individuals (29); charitable organizations (4)."
    },
    {
      "q": "Which custodians does Muhlenkamp & Co Inc use?",
      "a": "Muhlenkamp & Co Inc's 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 Muhlenkamp & Co Inc 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/110787"
    },
    {
      "q": "What changed in Muhlenkamp & Co Inc's recent Form ADV filings?",
      "a": "In the December 2025 filing data: Employees performing advisory functions went from 2 to 1."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 231106045.0,
      "total_employees": 7,
      "filing_date": "2020-12-11"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 291369505.0,
      "total_employees": 6,
      "filing_date": "2022-01-03"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 375408172.0,
      "total_employees": 6,
      "filing_date": "2022-12-08"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 344798279.0,
      "total_employees": 6,
      "filing_date": "2023-12-13"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 412018329.0,
      "total_employees": 6,
      "filing_date": "2025-07-07"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 435829498.0,
      "total_employees": 6,
      "filing_date": "2025-12-19"
    }
  ],
  "recent_changes": [
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 2 to 1."
      ]
    }
  ],
  "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/muhlenkamp-and-co-inc-wexford-pa-110787.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 31,
      "fewer_than_5": false,
      "raum": 17797540.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 29,
      "fewer_than_5": false,
      "raum": 154210261.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 253582806.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 345855.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 4,
      "fewer_than_5": true,
      "raum": 6157081.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": true,
      "raum": 2800638.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 2,
      "fewer_than_5": true,
      "raum": 935317.0
    }
  ],
  "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/110787",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}