Mraz, Amerine & Associates provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, education planning, estate planning, insurance, retirement plan services, and tax planning.
Mraz, Amerine & Associates reports 487 clients. They include 252 individual clients, 221 high-net-worth individuals, and 9 pension and profit-sharing plans. Of its assets, 100.0% ($917M across 1,289 accounts) are managed with discretion. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 52% | 11% |
| High-net-worth individuals | 45% | 84% |
| Pension and profit-sharing plans | 2% | 3% |
| 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) | 252 | $100M | 10.9% | $398K |
| High-net-worth individuals | 221 | $773M | 84.2% | $3.5M |
| Pension and profit-sharing plans | 9 | $26.6M | 2.9% | $2.96M |
| Charitable organizations | 2 | $8.06M | 0.9% | $4.03M |
| Corporations and other businesses | 3 | $10M | 1.1% | $3.35M |
| Total | 487 | $917M | 100% | $1.88M |
- Clients
- 252
- Regulatory AUM
- $100M
- AUM share
- 10.9%
- Avg. per client
- $398K
- Clients
- 221
- Regulatory AUM
- $773M
- AUM share
- 84.2%
- Avg. per client
- $3.5M
- Clients
- 9
- Regulatory AUM
- $26.6M
- AUM share
- 2.9%
- Avg. per client
- $2.96M
- Clients
- 2
- Regulatory AUM
- $8.06M
- AUM share
- 0.9%
- Avg. per client
- $4.03M
- Clients
- 3
- Regulatory AUM
- $10M
- AUM share
- 1.1%
- Avg. per client
- $3.35M
Total
- Clients
- 487
- Regulatory AUM
- $917M
- AUM share
- 100%
- Avg. per client
- $1.88M
- 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
- 0
Mraz, Amerine & Associates charges 0.50%–1.25% a year for its Investment Management Fee. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $1,000,000. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.25% |
| $500K–$2.5M | 1.00% |
| $2.5M–$5M | 0.90% |
| $5M–$15M | 0.70% |
| $15M and above | 0.50% |
Fee details and sources
Other fees
- Financial Planning
- Financial planning for non-investment advisory clients is billed at $250 per hour; plans generally range from $1,000 to $5,000, and fees are negotiable.
- Retirement Plan Assets
- Non-discretionary management of retirement plan assets is billed a flat 50 basis points a year; discretionary management follows the tiered schedule.
David Mraz owns 25% to 50% of Mraz, Amerine & Associates. The leadership team of Mraz, Amerine & Associates includes Chief Compliance Officer Deidre Mraz. It has 6 employees, 5 of them in advisory roles.
Staff
- 6 employees
- 5 in advisory functions
- 5 state-registered reps
- Owns 25% to 50% of Mraz, Amerine & Associates, Inc.
David Mraz
Control person · since October 2011
- Owns 25% to 50% of Mraz, Amerine & Associates, Inc.
Gloria Mraz
Control person · since October 2011
- Owns 10% to 25% of Mraz, Amerine & Associates, Inc.
Deidre Mraz
Control person · since October 2011
Mraz, Amerine & Associates’ regulatory assets grew 1.8× from $499M (March 2021) to $917M (October 2026); clients fell from 578 to 487 and employees from 8 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Oct 2026October 2026 | $917M | 487 | 6 | 1 |
| May 2025May 2025 | $785M | 507 | 7 | 1 |
| May 2024May 2024 | $653M | 527 | 8 | 1 |
| Apr 2023April 2023 | $587M | 533 | 8 | 1 |
| Mar 2022March 2022 | $566M | 571 | 11 | 1 |
| Mar 2021March 2021 | $499M | 578 | 8 | 1 |
Besides its headquarters, Mraz, Amerine & Associates has 0 offices, with 1 listed address in 1 state.
California · 1 listed address
- 1120 13th Street, Suite C, ModestoHQ
Other business names
Mraz, Amerine & Associates has reported 1 other business name to the SEC.
- Mraz and Associates
Contact and registration details
- Legal name
- Mraz, Amerine & Associates, Inc.
- Headquarters
- 1120 13th Street, Suite C, Modesto, CA 95354
- Website
- mrazassociates.com
- Phone
- 209-593-5870
- SEC file
- 801-72742
- Founded
- 2011
- Structure
- California corporation
- Fiscal year end
- December
Mraz, Amerine & Associates’ named custodian for separately managed accounts is Charles Schwab ($917M). Mraz, Amerine & Associates has custody of $271M for 209 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $917M100%
At year end, Mraz, Amerine & Associates’ separately managed accounts were mostly in stocks (67%) and funds (23%). Its reported 13F holdings for the quarter ended 30 June 2026 total $697M across 199 positions; the largest are Berkshire Hathaway Inc. Del (11.2%), Fairfax Finl Hldgs Ltd Sub Vtg (7.0%) and White Mtns Ins Group Ltd (6.6%).
What the accounts hold
- Stocks67%
- Funds23%
- Bonds2%
- Cash8%
How many clients does Mraz, Amerine & Associates have?
Mraz, Amerine & Associates has 487 clients and manages $917 million for them, as of October 2026. They include 252 individual clients, 221 high-net-worth individuals, and 9 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 October 2026
What services does Mraz, Amerine & Associates offer?
Mraz, Amerine & Associates provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, education planning, estate planning, insurance, retirement plan services, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Mraz, Amerine & Associates charge?
Mraz, Amerine & Associates charges 0.50%–1.25% a year for its Investment Management Fee. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $1,000,000.
Which custodians does Mraz, Amerine & Associates use?
Mraz, Amerine & Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $917M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 October 2026
How many financial advisors does Mraz, Amerine & Associates have?
Mraz, Amerine & Associates has 5 investment adviser representatives registered with state securities authorities, out of 6 employees, and 5 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 Mraz, Amerine & Associates invest in?
At the end of its last fiscal year, Mraz, Amerine & Associates’ separately managed accounts held 67% exchange-traded equities, 23% registered funds (mutual funds, ETFs, BDCs), 8% 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
Does Mraz, Amerine & Associates have a minimum investment?
Yes, Mraz, Amerine & Associates’ minimum account size for its Investment Management Fee is $1M.
Who owns Mraz, Amerine & Associates?
Mraz, Amerine & Associates’ direct owners are Deidre Mraz, David Mraz and Gloria Mraz, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 1 October 2026
How does Mraz, Amerine & Associates get paid?
Mraz, Amerine & Associates 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 Mraz, Amerine & Associates?
Mraz, Amerine & Associates’ main office is at 1120 13th Street, Suite C, Modesto, CA 95354. Its phone number is 209-593-5870. Its website is mrazassociates.com.
