FinDec Wealth Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 1–10 clients last fiscal year.
FinDec Wealth Services reports 597 clients. They include 306 individual clients, 238 pension and profit-sharing plans, and 38 high-net-worth individuals. Of its assets, 100.0% ($628M across 822 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 51% | 9% |
| High-net-worth individuals | 6% | 10% |
| Pension and profit-sharing plans | 40% | 78% |
| Charitable organizations | <1% | <1% |
| State or municipal government entities | 2% | 3% |
| Other client typesCorporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 306 | $54.6M | 8.7% | $178K |
| High-net-worth individuals | 38 | $65.5M | 10.4% | $1.72M |
| Pension and profit-sharing plans | 238 | $490M | 78.1% | $2.06M |
| Charitable organizations | Fewer than 5 | $1.4M | 0.2% | $701K |
| State or municipal government entities | 11 | $15.7M | 2.5% | $1.43M |
| Corporations and other businesses | Fewer than 5 | $493K | 0.1% | $247K |
| Total | 597 | $628M | 100% | — |
- Clients
- 306
- Regulatory AUM
- $54.6M
- AUM share
- 8.7%
- Avg. per client
- $178K
- Clients
- 38
- Regulatory AUM
- $65.5M
- AUM share
- 10.4%
- Avg. per client
- $1.72M
- Clients
- 238
- Regulatory AUM
- $490M
- AUM share
- 78.1%
- Avg. per client
- $2.06M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.4M
- AUM share
- 0.2%
- Avg. per client
- $701K
- Clients
- 11
- Regulatory AUM
- $15.7M
- AUM share
- 2.5%
- Avg. per client
- $1.43M
- Clients
- Fewer than 5
- Regulatory AUM
- $493K
- AUM share
- 0.1%
- Avg. per client
- $247K
Total
- Clients
- 597
- Regulatory AUM
- $628M
- 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
- 1–10
FinDec Wealth Services is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Findec Co. owns 75% or more of FinDec Wealth Services and is in turn owned by Michael Lee (50–75%) and Kevin Mahoney (25–50%). Michael Lee is CEO; the leadership team includes Chief Compliance Officer Kenneth Herold. It has 5 employees, 3 of them in advisory roles.
Leadership
- Michael LeePresident & Chief Executive Officer
- Kenneth HeroldChief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- Eric Charles Klopping
- Ruben Paita
Staff
- 5 employees
- 3 in advisory functions
- 2 state-registered reps
- 2 insurance agents
- 2 soliciting firms
- Owns 75% or more of Findec Wealth Services, Inc.
Findec Co.
Control person · since October 2020
- Owns 50% to 75% of Findec Co.
Michael Lee
Control person · since October 2020
- Owns 25% to 50% of Findec Co.
Kevin Mahoney
Control person · since October 2020
FinDec Wealth Services’ regulatory assets fell from $791M (June 2021) to $628M (March 2026); clients fell from 665 to 597 and employees from 8 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $628M | 597 | 5 | 1 |
| March 2025 | $771M | 770 | 4 | 1 |
| June 2024 | $964M | 845 | 4 | 1 |
| March 2023 | $780M | 949 | 4 | 1 |
| May 2022 | $864M | 733 | 10 | 3 |
| June 2021 | $791M | 665 | 8 | 3 |
Besides its headquarters, FinDec Wealth Services has 0 offices, with 1 listed address in California.
California · 1 listed address
- 1776 W. March Lane, Suite 190, StocktonHQ
Contact and registration details
- Legal name
- Findec Wealth Services, Inc.
- Headquarters
- 1776 W. March Lane, Suite 190, Stockton, CA 95207
- Website
- findec.com
- Phone
- 209-957-7413
- @18605066
- SEC file
- 801-120139
- Structure
- California corporation
- Fiscal year end
- December
FinDec Wealth Services uses Charles Schwab ($491M, 78%) and Charles Schwab ($136M, 22%) as custodians for its separately managed accounts. FinDec Wealth Services has custody of $37.9M in client assets for 101 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $136M22%
- Charles SchwabCharles Schwab Trust Bank · Westlake, TX · $491M78%
At year end, FinDec Wealth Services’ separately managed accounts were mostly in funds (97%). Its reported 13F holdings for the quarter ended 30 June 2026 total $84.6M across 32 positions; the largest are Capital Grp Fixed Incm ETF T (17.8%), Schwab Strategic TR (13.4%) and Dimensional ETF Trust (12.9%).
What the accounts hold
- Stocks1%
- Funds97%
- Registered funds70%
- Pooled vehicles27%
- Bonds1%
- Cash1%
Reported 13F holdings
- $84.6M
- Reported 13F value
- 32
- Positions
- 87.1%
- In the 10 largest
- +3.5%
- Value vs. prior quarter
- Capital Grp Fixed Incm ETF T · Core Plus Incm17.8%
- Schwab Strategic TR · US Lcap GR ETF13.4%
- Dimensional ETF Trust · US Larg Valu ETF12.9%
- Dimensional ETF Trust · US Core EQT Mkt12.4%
- Dimensional ETF Trust · Intl Core EQT MK8.5%
- Dimensional ETF Trust · Core Fixe IN ETF6.3%
- Vanguard Index Fds · Mid Cap ETF5.3%
- Vanguard Index Fds · Small CP ETF5.1%
- Vanguard Index Fds · Total Stk Mkt3.0%
- Dimensional ETF Trust · Emgr Cre EQT Mng2.5%
Together, the ten largest are 87.1% of reported value.
How many clients does FinDec Wealth Services have?
FinDec Wealth Services has 597 clients and manages $628 million for them, as of March 2026. They include 306 individual clients, 238 pension and profit-sharing plans, and 38 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026
What services does FinDec Wealth Services offer?
FinDec Wealth Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does FinDec Wealth Services use?
FinDec Wealth Services’ separately managed account assets are held at Charles Schwab Trust Bank (Westlake, TX), with $491M and Charles Schwab & Co., Inc. (Westlake, TX), with $136M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026
How many financial advisors does FinDec Wealth Services have?
FinDec Wealth Services has 2 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 perform investment advisory functions. 0 employees are registered representatives 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 FinDec Wealth Services invest in?
At the end of its last fiscal year, FinDec Wealth Services’ separately managed accounts held 70% registered funds (mutual funds, ETFs, BDCs), 27% pooled vehicles (private funds and similar), 1% exchange-traded equities, 1% U.S. government and agency bonds and 1% 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 FinDec Wealth Services?
FinDec Wealth Services is owned through a holding company by Michael Lee and Kevin Mahoney. Its direct owner is Findec Co. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 23 March 2026
How does FinDec Wealth Services get paid?
FinDec Wealth Services is paid through a percentage of assets under management, hourly charges 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 FinDec Wealth Services?
FinDec Wealth Services’ main office is at 1776 W. March Lane, Suite 190, Stockton, CA 95207. Its phone number is 209-957-7413. Its website is findec.com.