Benson Wealth Management provides portfolio management for individuals and small businesses.
Benson Wealth Management reports 308 clients. They include 280 individual clients and 28 high-net-worth individuals. Of its assets, 100.0% ($125M across 510 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 91% | 42% |
| High-net-worth individuals | 9% | 58% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 280 | $52M | 41.7% | $186K |
| High-net-worth individuals | 28 | $72.8M | 58.3% | $2.6M |
| Total | 308 | $125M | 100% | $405K |
- Clients
- 280
- Regulatory AUM
- $52M
- AUM share
- 41.7%
- Avg. per client
- $186K
- Clients
- 28
- Regulatory AUM
- $72.8M
- AUM share
- 58.3%
- Avg. per client
- $2.6M
Total
- Clients
- 308
- Regulatory AUM
- $125M
- AUM share
- 100%
- Avg. per client
- $405K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Benson Wealth Management charges 0.50%–1.25% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.25% |
| $500K–$1M | 1.00% |
| $1M–$2M | 0.90% |
| $2M–$5M | 0.80% |
| $5M–$10M | 0.65% |
| $10M and above | 0.50% |
Fee details and sources
Barrett Benson owns 75% or more of Benson Wealth Management. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 broker-dealer rep
- 2 insurance agents
- Owns 75% or more of Benson Wealth Management, Inc.
Barrett Benson
Control person · since December 2014
Besides its headquarters, Benson Wealth Management has 1 office, with 2 listed addresses in 1 state.
California · 1 listed address
- 901 Bruce Road, Chico
Choose a state to see its listed addresses.
Contact and registration details
- Legal name
- Benson Wealth Management, Inc.
- Headquarters
- Not reported
- Website
- bensonwm.com
- Phone
- 530-891-0719
- SEC file
- 801-135748
- Structure
- California corporation
- Fiscal year end
- December
Benson Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($116M). Benson Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $116M100%
At year end, Benson Wealth Management’s separately managed accounts were mostly in funds (62%) and stocks (30%).
What the accounts hold
- Stocks30%
- Funds62%
- Bonds5%
- Cash3%
How many clients does Benson Wealth Management have?
Benson Wealth Management has 308 clients and manages $125 million for them, as of October 2026. They include 280 individual clients and 28 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 October 2026
What services does Benson Wealth Management offer?
Benson Wealth Management provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Benson Wealth Management charge?
Benson Wealth Management charges 0.50%–1.25% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Benson Wealth Management use?
Benson Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $116M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 October 2026
How many financial advisors does Benson Wealth Management have?
Benson Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Benson Wealth Management invest in?
At the end of its last fiscal year, Benson Wealth Management’s separately managed accounts held 62% registered funds (mutual funds, ETFs, BDCs), 30% exchange-traded equities, 5% state and local bonds and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Benson Wealth Management?
Benson Wealth Management’s direct owner is Barrett Benson (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 October 2026
How does Benson Wealth Management get paid?
Benson Wealth Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Benson Wealth Management?
Its phone number is 530-891-0719. Its website is bensonwm.com.