Private Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions. Financial planning was provided to 251–500 clients last fiscal year. The firm advises 1 private fund.
Private Wealth Advisors reports 898 clients. They include 801 individual clients, 89 high-net-worth individuals, and 4 pension and profit-sharing plans. Of its assets, 100.0% ($451M across 1,102 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 89% | 30% |
| High-net-worth individuals | 10% | 67% |
| Pooled investment vehicles | <1% | 1% |
| Pension and profit-sharing plans | <1% | 1% |
| Charitable organizations | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 801 | $137M | 30.3% | $171K |
| High-net-worth individuals | 89 | $301M | 66.8% | $3.39M |
| Pooled investment vehicles | 2 | $6.15M | 1.4% | $3.08M |
| Pension and profit-sharing plans | Fewer than 5 | $6.69M | 1.5% | $1.67M |
| Charitable organizations | Fewer than 5 | $213K | 0.0% | $106K |
| Total | 898 | $451M | 100% | — |
- Clients
- 801
- Regulatory AUM
- $137M
- AUM share
- 30.3%
- Avg. per client
- $171K
- Clients
- 89
- Regulatory AUM
- $301M
- AUM share
- 66.8%
- Avg. per client
- $3.39M
- Clients
- 2
- Regulatory AUM
- $6.15M
- AUM share
- 1.4%
- Avg. per client
- $3.08M
- Clients
- Fewer than 5
- Regulatory AUM
- $6.69M
- AUM share
- 1.5%
- Avg. per client
- $1.67M
- Clients
- Fewer than 5
- Regulatory AUM
- $213K
- AUM share
- 0.0%
- Avg. per client
- $106K
Total
- Clients
- 898
- Regulatory AUM
- $451M
- 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
- 1
- Financial planning clients last fiscal year
- 251–500
Private Wealth Advisors charges 0.50%–1.50% a year for its Portfolio Management Services. The whole portfolio is charged at the rate of its band. The fee is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$150K | 1.50% |
| $150K–$250K | 1.35% |
| $250K–$500K | 1.25% |
| $500K–$750K | 1.15% |
| $750K–$1M | 1.00% |
| $1M–$2M | 0.95% |
| $2M–$3M | 0.85% |
| $3M–$4M | 0.70% |
| $4M–$5M | 0.65% |
| $5M–$6M | 0.60% |
| $6M–$7M | 0.55% |
| $7M and above | 0.50% |
Fee details and sources
Other fees
- Financial Consulting
- Flat fee generally between $1,500 and $10,000, or $500 an hour; fees are negotiable and a 50% retainer is due in advance.
Martin Mazorra owns 75% or more of Private Wealth Advisors. The leadership team of Private Wealth Advisors includes Chief Investment Officer Nicholas Mazorra and Chief Compliance Officer Daniel Lillibridge. It has 6 employees, 2 of them in advisory roles.
Leadership
- Daniel LillibridgeChief Compliance Officer/Operations Officer
- Martin MazorraManaging Member
- Nicholas MazorraChief Investment Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Private Wealth Advisors, LLC
Martin Mazorra
Control person · since September 2006
Private Wealth Advisors’ regulatory assets grew from $346M (March 2021) to $451M (March 2026); clients rose from 576 to 898 and employees fell from 8 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $451M | 898 | 6 | 6 |
| March 2025 | $369M | 1,125 | 6 | 6 |
| May 2024 | $353M | 617 | 6 | 6 |
| July 2023 | $349M | 556 | 6 | 2 |
| May 2022 | $353M | 537 | 7 | 1 |
| March 2021 | $346M | 576 | 8 | 1 |
Besides its headquarters, Private Wealth Advisors has 5 offices (4 private residences, listed without an address), with 2 listed addresses in California.
California · 2 listed addresses
- 1111 E Herndon Ave, Suite 109, FresnoHQ
- 575 Price St, Pismo Beach
Contact and registration details
- Legal name
- Private Wealth Advisors, LLC
- Headquarters
- 1111 E Herndon Ave, Suite 109, Fresno, CA 93720
- Website
- pwa.net
- Phone
- 559-451-3463
- SEC file
- 801-68605
- Structure
- California LLC
- Fiscal year end
- December
Private Wealth Advisors uses Charles Schwab ($443M) as custodian for its separately managed accounts. Private Wealth Advisors has custody of $451M in client assets for 898 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $443M100%
At year end, Private Wealth Advisors’ separately managed accounts were mostly in stocks (74%) and funds (15%). Its reported 13F holdings for the quarter ended 30 June 2026 total $391M across 95 positions; the largest are SPDR Gold TR (put option) (6.5%), SPDR Gold TR (6.2%) and Select Sector SPDR TR (4.2%).
What the accounts hold
- Stocks74%
- Funds15%
- Bonds10%
- U.S. government and agency bonds6%
- State and local bonds4%
- Other1%
- Derivatives1%
Reported 13F holdings
- $391M
- Reported 13F value
- 95
- Positions
- 38.4%
- In the 10 largest
- +9.9%
- Value vs. prior quarter
- SPDR Gold TR · Gold ShsPut6.5%
- SPDR Gold TR · Gold Shs6.2%
- Select Sector SPDR TR · ST Str Finl ETF4.2%
- Select Sector SPDR TR · ST Str Care ETF3.8%
- Nike Inc. · CL BCall3.6%
- Select Sector SPDR TR · ST Str Discr ETF3.2%
- Select Sector SPDR TR · ST Str Techn ETF3.0%
- Select Sector SPDR TR · ST Str Indl ETF2.8%
- Vanguard Intl Equity Index F · FTSE Pacific ETF2.6%
- SPDR Index Shs Fds · ST Str EU 50 ETF2.5%
Together, the ten largest are 38.4% of reported value.
How many clients does Private Wealth Advisors have?
Private Wealth Advisors has 898 clients and manages $451 million for them, as of March 2026. They include 801 individual clients, 89 high-net-worth individuals, and 4 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026
What services does Private Wealth Advisors offer?
Private Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Private Wealth Advisors charge?
Private Wealth Advisors charges 0.50%–1.50% a year for its Portfolio Management Services. The whole portfolio is charged at the rate of its band. The fee is negotiable.
Source: PRIVATE WEALTH ADVSORS LLC FIRM BROCHURE, filed 20 March 2026
Which custodians does Private Wealth Advisors use?
Private Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $443M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026
How many financial advisors does Private Wealth Advisors have?
Private Wealth Advisors has 2 investment adviser representatives registered with state securities authorities, out of 6 employees, and 2 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 Private Wealth Advisors invest in?
At the end of its last fiscal year, Private Wealth Advisors’ separately managed accounts held 74% exchange-traded equities, 15% registered funds (mutual funds, ETFs, BDCs), 6% U.S. government and agency bonds, 4% state and local bonds and 1% derivatives. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Private Wealth Advisors?
Private Wealth Advisors’ direct owner is Martin Mazorra (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 20 March 2026
How does Private Wealth Advisors get paid?
Private Wealth 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 Private Wealth Advisors?
Private Wealth Advisors’ main office is at 1111 E Herndon Ave, Suite 109, Fresno, CA 93720. Its phone number is 559-451-3463. Its website is pwa.net.