{"url":"https://nivawealth.com/firms/mpwa-148484","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/148484","regulatoryAum":140785000,"crd":"148484","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6541841","suffix":null,"lastName":"CANET","firstName":"HEIDI","middleName":"DENISE"},{"crd":"5026410","suffix":null,"lastName":"MESTMAKER","firstName":"JEFFREY","middleName":"KAPRAL"},{"crd":"4677644","suffix":null,"lastName":"PETREY","firstName":"DANIEL","middleName":"PATRICK"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-31","regulatoryAum":141689000,"clients":297,"employees":3,"offices":2},{"filedOn":"2022-04-05","regulatoryAum":159200000,"clients":381,"employees":3,"offices":2},{"filedOn":"2023-03-31","regulatoryAum":94000000,"clients":418,"employees":3,"offices":2},{"filedOn":"2024-03-11","regulatoryAum":97885000,"clients":386,"employees":3,"offices":2},{"filedOn":"2025-03-31","regulatoryAum":190746375,"clients":345,"employees":4,"offices":2},{"filedOn":"2026-04-02","regulatoryAum":140785000,"clients":363,"employees":3,"offices":2}],"secFileNumber":"801-116958","legalName":"Mpwa, Inc.","displayName":"Mpwa","slug":"mpwa-148484","website":"https://mpwealthadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"2000 Oak Street, Suite 100","city":"Bakersfield","state":"CA","stateName":"California","country":"United States","postalCode":"93301"},"tradeNames":[],"registration":{"secApproved":"15 July 2019","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":372988.5057471264,"staff":{"employees":3,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":140785000,"discretionary":140785000,"discretionaryAccounts":363,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":21},"clientTypes":[{"label":"Individuals (other than HNW)","clients":325,"regulatoryAum":81500000},{"label":"High-net-worth individuals","clients":23,"regulatoryAum":48300000},{"label":"Charitable organizations","clients":3,"fewerThan5":true,"regulatoryAum":1885000},{"label":"Corporations and other businesses","clients":12,"regulatoryAum":9100000}],"feePrograms":[{"role":"main","program":"Asset Management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1019883","versionId":1019883,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-16","documentName":"MPWA 2026 ANNUAL REVISED FIRM BROCHURE","fee_rate_low":0.65,"fee_rate_high":1.65,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"401(k) Participant Service","summary":"401(k) participant reviews carry a flat fee of $50 to $1,000 each time a review is requested by an individual.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1019883","versionId":1019883,"submittedOn":"2026-03-16","documentName":"MPWA 2026 ANNUAL REVISED FIRM BROCHURE"},{"role":"other","program":"Online Newsletter & Blog","summary":"Subscription to the online newsletter and blog is $100 a year.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1019883","versionId":1019883,"submittedOn":"2026-03-16","documentName":"MPWA 2026 ANNUAL REVISED FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:49:33.689321+00:00","documents":[{"name":"MPWA 2026 ANNUAL REVISED FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1019883","versionId":1019883,"submittedOn":"2026-03-16"}]},"custodians":[{"name":"Raymond James","shortName":"Raymond James","location":"St. Petersburg, FL","smaAssets":123181000}],"custodyNote":"Mpwa does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Jeffrey Mestmaker","title":"President","crd":"5026410"},{"name":"Daniel Petrey","title":"Chief Compliance Officer","crd":"4677644"}],"ownership":[{"label":"Daniel Petrey","detail":"Chief compliance officer in the 50% to 75% ownership band and a control person, since January 2009."},{"label":"Jeffrey Mestmaker","detail":"President in the 50% to 75% ownership band and a control person, since January 2009."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"2000 Oak Street, Suite 100","city":"Bakersfield","headquarters":true},{"street":"22985 El Camino Real","city":"Santa Margarita"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"661-395-9400","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Publication of periodicals or newsletters","Educational seminars/workshops"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":19},{"label":"U.S. government/agency bonds","percent":8},{"label":"U.S. state and local bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":58},{"label":"Cash and cash equivalents","percent":13}],"privateFunds":0},"sources":{"adv1FilingDate":"2 April 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They include 325 individual clients, 23 high-net-worth individuals, and 12 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 2 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Mpwa offer?","answer":"Mpwa provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, publishing newsletters, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Mpwa charge?","answer":"Mpwa charges 0.65%–1.65% a year for its Asset Management. The fee is billed in advance and is negotiable.","source":"MPWA 2026 ANNUAL REVISED FIRM BROCHURE, filed 16 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Mpwa use?","answer":"Mpwa’s separately managed account assets are held at Raymond James (St. Petersburg, FL), with $123M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Mpwa have?","answer":"Mpwa has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Mpwa invest in?","answer":"At the end of its last fiscal year, Mpwa’s separately managed accounts held 58% registered funds (mutual funds, ETFs, BDCs), 19% exchange-traded equities, 13% cash and equivalents, 8% U.S. government and agency bonds and 2% state and local bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Mpwa?","answer":"Mpwa’s direct owners are Daniel Petrey (50% to 75%) and Jeffrey Mestmaker (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 2 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Mpwa get paid?","answer":"Mpwa 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Mpwa?","answer":"Mpwa’s main office is at 2000 Oak Street, Suite 100, Bakersfield, CA 93301. Its phone number is 661-395-9400. Its website is mpwealthadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 2 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}