Cerro Pacific Wealth Advisors 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 51–100 clients last fiscal year.
Cerro Pacific Wealth Advisors reports 254 clients. They include 121 high-net-worth individuals, 112 individual clients, and 10 pension and profit-sharing plans. Of its assets, 100.0% ($532M across 713 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 44% | 7% |
| High-net-worth individuals | 48% | 73% |
| Pension and profit-sharing plans | 4% | 3% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 3% | 13% |
| Other client typesOther | <1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 112 | $37.6M | 7.1% | $335K |
| High-net-worth individuals | 121 | $387M | 72.7% | $3.19M |
| Pension and profit-sharing plans | 10 | $18.1M | 3.4% | $1.81M |
| Charitable organizations | Fewer than 5 | $2.36M | 0.4% | $1.18M |
| Corporations and other businesses | 7 | $70.7M | 13.3% | $10.1M |
| Other | Fewer than 5 | $16.3M | 3.1% | $8.14M |
| Total | 254 | $532M | 100% | — |
- Clients
- 112
- Regulatory AUM
- $37.6M
- AUM share
- 7.1%
- Avg. per client
- $335K
- Clients
- 121
- Regulatory AUM
- $387M
- AUM share
- 72.7%
- Avg. per client
- $3.19M
- Clients
- 10
- Regulatory AUM
- $18.1M
- AUM share
- 3.4%
- Avg. per client
- $1.81M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.36M
- AUM share
- 0.4%
- Avg. per client
- $1.18M
- Clients
- 7
- Regulatory AUM
- $70.7M
- AUM share
- 13.3%
- Avg. per client
- $10.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $16.3M
- AUM share
- 3.1%
- Avg. per client
- $8.14M
Total
- Clients
- 254
- Regulatory AUM
- $532M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Cerro Pacific Wealth Advisors charges 0.25%–1.00% a year for its Comprehensive Portfolio Management. Each asset band is charged at its own rate. The fee is billed in arrears. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.00% |
| $2M–$3.5M | 0.85% |
| $3.5M–$5M | 0.70% |
| $5M–$10M | 0.50% |
| $10M and above | 0.25% |
Fee details and sources
Other fees
- Financial Planning and Consulting
- Flat fee for financial planning and consulting, with a maximum of $3,500, set by the scope and complexity of the engagement.
- Retirement Plan Consulting
- Maximum annual fee of 1.00%, based on the scope and complexity of the engagement and set case by case.
Cpwa LLC owns 75% or more of Cerro Pacific Wealth Advisors and is in turn owned by Daniel Speirs (50–75%) and Lyle Meek (25–50%). The leadership team of Cerro Pacific Wealth Advisors includes Chief Compliance Officer Timothy Reyna. It has 6 employees, 4 of them in advisory roles.
Leadership
- Timothy ReynaChief Compliance Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- Brianna Marie Ferguson
- Lyle Lindsay Meek
- Timothy J Reyna
- Daniel Keith Speirs
Staff
- 6 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 75% or more of Cerro Pacific Wealth Advisors, LLC
Cpwa LLC
Control person · since December 2025
- Owns 50% to 75% of Cpwa LLC
Daniel Speirs
Control person · since December 2025
- Owns 25% to 50% of Cpwa LLC
Lyle Meek
Control person · since December 2025
Cerro Pacific Wealth Advisors’ regulatory assets grew from $385M (February 2021) to $532M (June 2026); clients fell from 823 to 254 and employees rose from 5 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $532M | 254 | 6 | 1 |
| March 2025 | $558M | 370 | 6 | 1 |
| March 2024 | $441M | 277 | 5 | 1 |
| March 2023 | $351M | 303 | 5 | 1 |
| March 2022 | $347M | 316 | 5 | 1 |
| February 2021 | $385M | 823 | 5 | 1 |
Besides its headquarters, Cerro Pacific Wealth Advisors has 0 offices, with 1 listed address in California.
California · 1 listed address
- 733 Marsh St., Suite #110, San Luis ObispoHQ
Contact and registration details
- Legal name
- Cerro Pacific Wealth Advisors, LLC
- Headquarters
- 733 Marsh St., Suite #110, San Luis Obispo, CA 93401
- Website
- cerrowealth.com
- Phone
- 805-457-3300
- @cerrowealth
- SEC file
- 801-119640
- Structure
- California LLC
- Fiscal year end
- December
Cerro Pacific Wealth Advisors uses Fidelity ($513M) as custodian for its separately managed accounts. Cerro Pacific Wealth Advisors has custody of $343M in client assets for 164 clients.
- FidelityNational Financial Services LLC · Boston, MA · $513M100%
At year end, Cerro Pacific Wealth Advisors’ separately managed accounts were largely in funds (49%) and stocks (32%). Its reported 13F holdings for the quarter ended 30 June 2026 total $442M across 165 positions; the largest are Invesco Qqq TR (8.2%), Vanguard Admiral Fds Inc. (5.4%) and iShares TR (4.5%).
What the accounts hold
- Stocks32%
- Funds49%
- Bonds11%
- U.S. government and agency bonds10%
- State and local bonds1%
- Cash7%
- Other1%
- Derivatives1%
Reported 13F holdings
- $442M
- Reported 13F value
- 165
- Positions
- 42.4%
- In the 10 largest
- +16.0%
- Value vs. prior quarter
- Invesco Qqq TR · Unit Ser 18.2%
- Vanguard Admiral Fds Inc. · 500 Grth Idx F5.4%
- iShares TR · Eafe Grwth ETF4.5%
- J P Morgan Exchange Traded F · Ultra Shrt ETF4.4%
- Schwab Strategic TR · Fundamental Intl4.3%
- Apple Inc.4.2%
- Nvidia Corporation3.7%
- Invesco Actively Managed Exc · Var Rate Invt2.7%
- American Centy ETF TR · US Sml CP Valu2.5%
- iShares TR · MSCI USA Value2.5%
Together, the ten largest are 42.4% of reported value.
How many clients does Cerro Pacific Wealth Advisors have?
Cerro Pacific Wealth Advisors has 254 clients and manages $532 million for them, as of June 2026. They include 121 high-net-worth individuals, 112 individual clients, and 10 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 June 2026
What services does Cerro Pacific Wealth Advisors offer?
Cerro Pacific Wealth Advisors 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 Cerro Pacific Wealth Advisors charge?
Cerro Pacific Wealth Advisors charges 0.25%–1.00% a year for its Comprehensive Portfolio Management. Each asset band is charged at its own rate. The fee is billed in arrears.
Source: FORM ADV PART 2A - FIRM BROCHURE - CERRO PACIFIC WEALTH ADVISORS, filed 8 October 2026
Which custodians does Cerro Pacific Wealth Advisors use?
Cerro Pacific Wealth Advisors’ separately managed account assets are held at National Financial Services LLC (Boston, MA), with $513M. 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 June 2026
How many financial advisors does Cerro Pacific Wealth Advisors have?
Cerro Pacific Wealth Advisors has 4 investment adviser representatives registered with state securities authorities, out of 6 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Cerro Pacific Wealth Advisors invest in?
At the end of its last fiscal year, Cerro Pacific Wealth Advisors’ separately managed accounts held 49% registered funds (mutual funds, ETFs, BDCs), 32% exchange-traded equities, 10% U.S. government and agency bonds, 7% cash and equivalents, 1% state and local bonds and 1% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cerro Pacific Wealth Advisors?
Cerro Pacific Wealth Advisors is owned through a holding company by Daniel Speirs and Lyle Meek. Its direct owner is Cpwa LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 June 2026
How does Cerro Pacific Wealth Advisors get paid?
Cerro Pacific Wealth Advisors is paid through a percentage of assets under management and fixed fees. 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 Cerro Pacific Wealth Advisors?
Cerro Pacific Wealth Advisors’ main office is at 733 Marsh St., Suite #110, San Luis Obispo, CA 93401. Its phone number is 805-457-3300. Its website is cerrowealth.com.