Mestmaker & Petrey Wealth Advisors

MPWA, Inc. dba Mestmaker & Petrey Wealth Advisors is a California-based corporation specializing in asset management, pension consulting, and 401(k) participant services since 2009. The firm emphasizes tailored asset management, offering portfolios consisting of various securities to meet individual investment goals. Pension consulting services assist employer plan sponsors in managing retirement plans compliant with ERISA regulations. The firm occasionally provides 401(k) account advice and an online newsletter for subscribers. MPWA acts as a fiduciary under ERISA, ensuring clients' best interests. Fees for asset management are charged on a pro-rata basis, ranging from 0.1625% to 1.65% annually based on account value. Pension consulting and 401(k) participant services are charged hourly or flat fees. The firm does not charge performance-based fees or participate in wrap fee programs. Clients have the ability to impose restrictions on investments, and the firm manages approximately $190.7 million on a discretionary basis. MPWA does not sell securities for commissions and does not have directed brokerage arrangements. The firm reviews client accounts quarterly and does not accept proxy authority for voting client securities. MPWA does not require prepayment exceeding $1,200 or have financial conditions impairing its commitments to clients. The firm has not been subject to a bankruptcy petition in the past ten years.