Bridgewealth Advisory Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year.
Bridgewealth Advisory Group reports 793 clients. They include 553 individual clients, 170 high-net-worth individuals, and 45 corporations and other businesses. Of its assets, 100.0% ($869M across 2,338 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $869M. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 70% | 16% |
| High-net-worth individuals | 21% | 63% |
| Pension and profit-sharing plans | 3% | 5% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | 6% | 16% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 553 | $136M | 15.7% | $246K |
| High-net-worth individuals | 170 | $551M | 63.4% | $3.24M |
| Pension and profit-sharing plans | 25 | $41.8M | 4.8% | $1.67M |
| Charitable organizations | Fewer than 5 | $1.93M | 0.2% | — |
| Corporations and other businesses | 45 | $138M | 15.9% | $3.07M |
| Total | 793 | $869M | 100% | — |
- Clients
- 553
- Regulatory AUM
- $136M
- AUM share
- 15.7%
- Avg. per client
- $246K
- Clients
- 170
- Regulatory AUM
- $551M
- AUM share
- 63.4%
- Avg. per client
- $3.24M
- Clients
- 25
- Regulatory AUM
- $41.8M
- AUM share
- 4.8%
- Avg. per client
- $1.67M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.93M
- AUM share
- 0.2%
- Avg. per client
- —
- Clients
- 45
- Regulatory AUM
- $138M
- AUM share
- 15.9%
- Avg. per client
- $3.07M
Total
- Clients
- 793
- Regulatory AUM
- $869M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Bridgewealth Advisory Group charges up to 1.75% a year for its Comprehensive Portfolio Management Wrap Program. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial planning and consulting
- Charged hourly, with a maximum of $250 an hour; included with the wrap account and not charged separately to wrap clients.
- Retirement plan consulting
- Billed as a percentage of plan assets, not exceeding 1.75% of plan assets, with the fee arrangement set out in the consulting agreement.
Kevin Hook owns 25% to 50% of Bridgewealth Advisory Group. The leadership team of Bridgewealth Advisory Group includes Chief Compliance Officer Kevin Hook. It has 10 employees, 5 of them in advisory roles.
Leadership
- Kevin HookChief Compliance Officer & Managing Member
- Joshua CarpenterManaging Member
- Derek ElrodManaging Member
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 10 employees
- 5 in advisory functions
- 5 state-registered reps
- 5 broker-dealer reps
- 5 insurance agents
- Owns 25% to 50% of Bridgewealth Advisory Group, LLC
Kevin Hook
Control person · since May 2018
- Owns 25% to 50% of Bridgewealth Advisory Group, LLC
Joshua Carpenter
Control person · since May 2018
- Owns 25% to 50% of Bridgewealth Advisory Group, LLC
Derek Elrod
Control person · since May 2018
Bridgewealth Advisory Group’s regulatory assets grew 2.4× from $361M (April 2021) to $869M (March 2026); clients rose from 566 to 793 and employees from 3 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $869M | 793 | 10 | 1 |
| April 2025 | $740M | 1,899 | 9 | 1 |
| June 2024 | $530M | 607 | 8 | 1 |
| April 2023 | $411M | 622 | 8 | 1 |
| March 2022 | $387M | 503 | 6 | 1 |
| April 2021 | $361M | 566 | 3 | 1 |
Besides its headquarters, Bridgewealth Advisory Group has 0 offices, with 1 listed address in California.
California · 1 listed address
- 986 West Alluvial Ave., Suite 101, FresnoHQ
Contact and registration details
- Legal name
- Bridgewealth Advisory Group, LLC
- Headquarters
- 986 West Alluvial Ave., Suite 101, Fresno, CA 93711
- Website
- bridgewealth.com
- Phone
- 559-432-6100
- SEC file
- 801-112758
- Structure
- California LLC
- Fiscal year end
- December
Bridgewealth Advisory Group uses Pershing ($869M) as custodian for its separately managed accounts. Bridgewealth Advisory Group has custody of $349M in client assets for 725 clients.
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $869M100%
At year end, Bridgewealth Advisory Group’s separately managed accounts were mostly in funds (64%) and bonds (23%). Its reported 13F holdings for the quarter ended 30 June 2026 total $530M across 141 positions; the largest are Vanguard Instl Index FD (9.8%), Pimco ETF TR (6.0%) and Capital Grp Fixed Incm ETF T (5.5%).
What the accounts hold
- Stocks8%
- Funds64%
- Bonds23%
- State and local bonds17%
- U.S. government and agency bonds5%
- Investment grade corporate bonds1%
- Cash4%
- Other1%
- Alternative investments1%
Reported 13F holdings
- $530M
- Reported 13F value
- 141
- Positions
- 51.3%
- In the 10 largest
- +9.9%
- Value vs. prior quarter
- Vanguard Instl Index FD · 0 3 MO TR BI ETF9.8%
- Pimco ETF TR · Multisector BD6.0%
- Capital Grp Fixed Incm ETF T · Short Duration5.5%
- Fidelity Merrimack Str TR · Total BD ETF5.4%
- Vanguard Index Fds · Value ETF5.3%
- SPDR Series Trust · ST Str PR Sp15005.2%
- Janus Detroit Str TR · Hendrson Aaa CL4.5%
- J P Morgan Exchange Traded F · Short Dura Core3.5%
- SPDR Series Trust · ST Str P500grw3.2%
- Capital Group Core Equity ET · Shs Creat Unit3.0%
Together, the ten largest are 51.3% of reported value.
How many clients does Bridgewealth Advisory Group have?
Bridgewealth Advisory Group has 793 clients and manages $869 million for them, as of March 2026. They include 553 individual clients, 170 high-net-worth individuals, and 45 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Bridgewealth Advisory Group offer?
Bridgewealth Advisory Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Bridgewealth Advisory Group charge?
Bridgewealth Advisory Group charges up to 1.75% a year for its Comprehensive Portfolio Management Wrap Program. The fee is billed in arrears and is negotiable.
Source: ADV PART 2A - WRAP FEE BROCHURE, filed 30 March 2026
Which custodians does Bridgewealth Advisory Group use?
Bridgewealth Advisory Group’s separately managed account assets are held at Pershing Advisor Solutions LLC (Jersey City, NJ), with $869M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Bridgewealth Advisory Group have?
Bridgewealth Advisory Group has 5 investment adviser representatives registered with state securities authorities, out of 10 employees, and 5 perform investment advisory functions. 5 employees are registered representatives of a broker-dealer and 5 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 Bridgewealth Advisory Group invest in?
At the end of its last fiscal year, Bridgewealth Advisory Group’s separately managed accounts held 64% registered funds (mutual funds, ETFs, BDCs), 17% state and local bonds, 8% exchange-traded equities, 5% U.S. government and agency bonds, 4% cash and equivalents, 1% investment grade corporate bonds and 1% other. The 1% other category is described as: Alternative Investments.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Bridgewealth Advisory Group?
Bridgewealth Advisory Group’s direct owners are Kevin Hook, Joshua Carpenter and Derek Elrod, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Bridgewealth Advisory Group get paid?
Bridgewealth Advisory Group is paid through a percentage of assets under management and hourly charges. 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 Bridgewealth Advisory Group?
Bridgewealth Advisory Group’s main office is at 986 West Alluvial Ave., Suite 101, Fresno, CA 93711. Its phone number is 559-432-6100. Its website is bridgewealth.com.