Hardworking Capital Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
Hardworking Capital Advisors reports 284 clients. They include 216 individual clients, 53 high-net-worth individuals, and 13 pension and profit-sharing plans. Of its assets, 100.0% ($206M across 871 accounts) are managed with discretion. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 76% | 37% |
| High-net-worth individuals | 19% | 55% |
| Pension and profit-sharing plans | 5% | 8% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 216 | $76.3M | 37.0% | $353K |
| High-net-worth individuals | 53 | $114M | 55.2% | $2.14M |
| Pension and profit-sharing plans | 13 | $15.8M | 7.7% | $1.22M |
| Charitable organizations | 1 | $73.2K | 0.0% | $73.2K |
| Corporations and other businesses | 1 | $138K | 0.1% | $138K |
| Total | 284 | $206M | 100% | $725K |
- Clients
- 216
- Regulatory AUM
- $76.3M
- AUM share
- 37.0%
- Avg. per client
- $353K
- Clients
- 53
- Regulatory AUM
- $114M
- AUM share
- 55.2%
- Avg. per client
- $2.14M
- Clients
- 13
- Regulatory AUM
- $15.8M
- AUM share
- 7.7%
- Avg. per client
- $1.22M
- Clients
- 1
- Regulatory AUM
- $73.2K
- AUM share
- 0.0%
- Avg. per client
- $73.2K
- Clients
- 1
- Regulatory AUM
- $138K
- AUM share
- 0.1%
- Avg. per client
- $138K
Total
- Clients
- 284
- Regulatory AUM
- $206M
- AUM share
- 100%
- Avg. per client
- $725K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Hardworking Capital Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 5 other services, listed under fee details.
Fee details and sources
Other fees
- 401(k) Service Fees
- Plan consulting is negotiated with the plan sponsor, typically as a percentage of plan assets or in basis points.
- Carefree Solutions
- Hourly or flat fee; flat fees range from $2,400 to $50,000 a year, negotiable.
- Hourly Consulting
- General consulting may be billed at an hourly fee of $1,000.
- Stand-Alone Financial Planning
- Hourly fee up to $500, or a negotiated fixed fee from $250 to $35,000, charged in arrears on completion.
- Strategic Wealth Planner
- Hourly or flat fee; flat fees range from $895 to $1,800 a year, negotiable, with half payable on signing.
HWC Holdings Corp owns 75% or more of Hardworking Capital Advisors and is in turn owned by Mathew Mellier (75% or more). The leadership team of Hardworking Capital Advisors includes Chief Compliance Officer Mathew Mellier. It has 2 employees.
Leadership
- Mathew MellierManaging Partner/Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 broker-dealer rep
- 1 insurance agent
- Owns 75% or more of Hardworking Capital Advisors, LLC
HWC Holdings Corp
Control person · since May 2016
- Owns 75% or more of HWC Holdings Corp
Mathew Mellier
Control person · since May 2016
Hardworking Capital Advisors’ regulatory assets grew from $153M (July 2021) to $206M (March 2026); clients were 284 in both filings and employees fell from 3 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $206M | 284 | 2 | 3 |
| March 2025 | $192M | 280 | 2 | 3 |
| March 2024 | $171M | 269 | 3 | 3 |
| March 2023 | $160M | 297 | 3 | 3 |
| March 2022 | $171M | 283 | 3 | 3 |
| July 2021 | $153M | 290 | 3 | 3 |
Besides its headquarters, Hardworking Capital Advisors has 2 offices, with 3 listed addresses in California.
California · 3 listed addresses
- 34220 Gateway Drive, Suite 120, Palm DesertHQ
- 2775 N. Ventura Road, Oxnard
- 3655 Torrance BLVD, Torrance
Contact and registration details
- Legal name
- Hardworking Capital Advisors, LLC
- Headquarters
- 34220 Gateway Drive, Suite 120, Palm Desert, CA 92211
- Website
- hardworkingcapital.com
- Phone
- 760-340-3277
- @hardworking-capital
- SEC file
- 801-112113
- Structure
- California LLC
- Fiscal year end
- December
Hardworking Capital Advisors uses Charles Schwab ($151M) as custodian for its separately managed accounts. Hardworking Capital Advisors has custody of $863K in client assets for 5 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $151M100%
At year end, Hardworking Capital Advisors’ separately managed accounts were mostly in funds (72%) and stocks (22%). Its reported 13F holdings for the quarter ended 30 June 2026 total $122M across 84 positions; the largest are State Str SPDR S&P 500 ETF T (12.2%), J P Morgan Exchange Traded F (6.7%) and Pimco ETF TR (4.9%).
What the accounts hold
- Stocks22%
- Funds72%
- Bonds2%
- Cash4%
Reported 13F holdings
- $122M
- Reported 13F value
- 84
- Positions
- 47.5%
- In the 10 largest
- +14.6%
- Value vs. prior quarter
- State Str SPDR S&P 500 ETF T · TR Unit12.2%
- J P Morgan Exchange Traded F · Ultra Shrt ETF6.7%
- Pimco ETF TR · Enhan Shrt MA AC4.9%
- Apple Inc.4.4%
- Invesco Actively Managed Exc · Ultra Shrt Dur3.9%
- SPDR Series Trust · ST Str Blo 1 ETF3.3%
- Innovator ETFS Trust · US EQT Bufr Apr3.3%
- Innovator ETFS Trust · US Eqty Pwr Buf3.2%
- Innovator ETFS Trust · US Eqty Pwr Buf3.2%
- Amazon Com Inc.2.5%
Together, the ten largest are 47.5% of reported value.
How many clients does Hardworking Capital Advisors have?
Hardworking Capital Advisors has 284 clients and manages $206 million for them, as of March 2026. They include 216 individual clients, 53 high-net-worth individuals, and 13 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026
What services does Hardworking Capital Advisors offer?
Hardworking Capital Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Hardworking Capital Advisors use?
Hardworking Capital Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $151M. 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 Hardworking Capital Advisors have?
Hardworking Capital Advisors 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 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Hardworking Capital Advisors invest in?
At the end of its last fiscal year, Hardworking Capital Advisors’ separately managed accounts held 72% registered funds (mutual funds, ETFs, BDCs), 22% exchange-traded equities, 4% cash and equivalents and 2% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Hardworking Capital Advisors?
Hardworking Capital Advisors is owned through a holding company by Mathew Mellier. Its direct owner is HWC Holdings Corp (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 23 March 2026
How does Hardworking Capital Advisors get paid?
Hardworking Capital Advisors 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 Hardworking Capital Advisors?
Hardworking Capital Advisors’ main office is at 34220 Gateway Drive, Suite 120, Palm Desert, CA 92211. Its phone number is 760-340-3277. Its website is hardworkingcapital.com.