Twin Peaks Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, insurance, and tax planning. Financial planning was provided to 51–100 clients last fiscal year.
Twin Peaks Wealth Advisors reports 431 clients. They include 228 individual clients, 194 high-net-worth individuals, and 4 pension and profit-sharing plans. Of its assets, 100.0% ($585M across 1,772 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 53% | 20% |
| High-net-worth individuals | 45% | 77% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 228 | $117M | 20.1% | $515K |
| High-net-worth individuals | 194 | $451M | 77.2% | $2.33M |
| Pension and profit-sharing plans | Fewer than 5 | $3.57M | 0.6% | $892K |
| Charitable organizations | Fewer than 5 | $2.46M | 0.4% | $1.23M |
| Corporations and other businesses | Fewer than 5 | $9.96M | 1.7% | $3.32M |
| Total | 431 | $585M | 100% | — |
- Clients
- 228
- Regulatory AUM
- $117M
- AUM share
- 20.1%
- Avg. per client
- $515K
- Clients
- 194
- Regulatory AUM
- $451M
- AUM share
- 77.2%
- Avg. per client
- $2.33M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.57M
- AUM share
- 0.6%
- Avg. per client
- $892K
- Clients
- Fewer than 5
- Regulatory AUM
- $2.46M
- AUM share
- 0.4%
- Avg. per client
- $1.23M
- Clients
- Fewer than 5
- Regulatory AUM
- $9.96M
- AUM share
- 1.7%
- Avg. per client
- $3.32M
Total
- Clients
- 431
- Regulatory AUM
- $585M
- 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
- 51–100
Twin Peaks Wealth 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 2 other services, listed under fee details.
Fee details and sources
Other fees
- Consulting services
- Consulting is billed on a fixed fee generally up to $20,000 or hourly at $250-$500 per hour, negotiable.
- Financial planning services
- Financial planning is included in the advisory fee for clients with more than $2,000,000; below that, a fixed fee of up to $100,000 or an hourly fee of up to $500 per hour.
Tushar Kumar owns 50% to 75% of Twin Peaks Wealth Advisors. It has 14 employees, 9 of them in advisory roles.
Leadership
- Katrina HermansonCCO & COO
- Tushar KumarPrincipal
- Vishal KumarPrincipal
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
Staff
- 14 employees
- 9 in advisory functions
- 10 state-registered reps
- 1 broker-dealer rep
- 7 insurance agents
- 4 soliciting firms
- Owns 50% to 75% of Twin Peaks Wealth Advisors, LLC
Tushar Kumar
Control person · since October 2022
- Owns 50% to 75% of Twin Peaks Wealth Advisors, LLC
Vishal Kumar
Control person · since October 2022
Twin Peaks Wealth Advisors’ regulatory assets grew 2.1× from $273M (August 2023) to $585M (September 2026); clients were 431 in both filings and employees rose from 9 to 14.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $585M | 431 | 14 | 4 |
| July 2025 | $410M | 430 | 9 | 2 |
| March 2024 | $319M | 414 | 7 | 3 |
| August 2023 | $273M | 412 | 9 | 2 |
Besides its headquarters, Twin Peaks Wealth Advisors has 3 offices (1 private residence, listed without an address), with 3 listed addresses in California.
California · 2 listed addresses
- 3900 Newpark Mall Road, Newark
- 840 Apollo Street, El Seguendo
Contact and registration details
- Legal name
- Twin Peaks Wealth Advisors, LLC
- Headquarters
- Not reported
- Website
- twinpwa.com
- Phone
- 650-200-0308
- @twin-peaks-wealth-advisors
- SEC file
- 801-126874
- Founded
- 2022
- Structure
- California LLC
- Fiscal year end
- December
Twin Peaks Wealth Advisors uses Charles Schwab ($267M, 67%) and Fidelity ($130M, 33%) as custodians for its separately managed accounts. Twin Peaks Wealth Advisors has custody of $71.7M in client assets for 173 clients.
- FidelityFidelity Distributors Company LLC · Smithfield, RI · $130M33%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $267M67%
At year end, Twin Peaks Wealth Advisors’ separately managed accounts were mostly in funds (65%) and stocks (20%). Its reported 13F holdings for the quarter ended 30 June 2026 total $442M across 226 positions; the largest are iShares Core S&P 500 ETF (7.8%), Apple Inc. (4.5%) and Nvidia Corporation (3.2%).
What the accounts hold
- Stocks20%
- Funds65%
- Registered funds57%
- Pooled vehicles8%
- Bonds5%
- Cash3%
- Other5%
- Structured notes4%
- Derivatives1%
Filed values cover 98%. The neutral 2% gap has no reported category.
Reported 13F holdings
- $442M
- Reported 13F value
- 226
- Positions
- 34.0%
- In the 10 largest
- +11.2%
- Value vs. prior quarter
- iShares Core S&P 500 ETFETF7.8%
- Apple Inc.4.5%
- Nvidia Corporation3.2%
- iShares Core Total Usd Bond Market ETFETF3.2%
- iShares S&P 500 Growth ETFETF3.1%
- iShares U.S. Equity Factor Rotation Active ETFETF3.0%
- iShares S&P 500 Value ETFETF2.5%
- iShares Core MSCI Emerging Markets ETFETF2.3%
- FT Vest Laddered Buffer ETFETF2.2%
- Meta Platforms Inc. CL A2.1%
Together, the ten largest are 34.0% of reported value.
How many clients does Twin Peaks Wealth Advisors have?
Twin Peaks Wealth Advisors has 431 clients and manages $585 million for them, as of September 2026. They include 228 individual clients, 194 high-net-worth individuals, and 4 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 September 2026
What services does Twin Peaks Wealth Advisors offer?
Twin Peaks Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, insurance, 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
Which custodians does Twin Peaks Wealth Advisors use?
Twin Peaks Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $267M and Fidelity Distributors Company LLC (Smithfield, RI), with $130M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 September 2026
How many financial advisors does Twin Peaks Wealth Advisors have?
Twin Peaks Wealth Advisors has 10 investment adviser representatives registered with state securities authorities, out of 14 employees, and 9 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 7 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 Twin Peaks Wealth Advisors invest in?
At the end of its last fiscal year, Twin Peaks Wealth Advisors’ separately managed accounts held 57% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 8% pooled vehicles (private funds and similar), 5% high-yield corporate bonds, 4% other, 3% cash and equivalents and 1% derivatives. The 4% other category is described as: Structured Notes.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Twin Peaks Wealth Advisors?
Twin Peaks Wealth Advisors’ direct owners are Tushar Kumar (50% to 75%) and Vishal Kumar (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 4 September 2026
How does Twin Peaks Wealth Advisors get paid?
Twin Peaks 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
Is Twin Peaks Wealth Advisors registered with the SEC?
Yes, Twin Peaks Wealth Advisors has been registered with the SEC as an investment adviser since 10 November 2022. Its CRD number is 323817 and its SEC file number is 801-126874.
Source: Form ADV Part 1A, Item 1, filed 4 September 2026; IAPD firm record
How do I contact Twin Peaks Wealth Advisors?
Its phone number is 650-200-0308. Its website is twinpwa.com.