Mine & Arao Wealth Creation And Management, LLC

Mine & Arao Wealth Creation & Management, LLC is a registered investment advisor established in September 1999 by principals John T. Arao and Bud T. Mine. The firm specializes in providing financial planning services primarily to their CPA tax clients, offering tax planning, retirement planning, and estate planning. They manage assets totaling $183.7 million on a discretionary basis as of December 31, 2022, with fees based on a percentage of assets under management. Financial planning services are billed hourly, not exceeding $300 per hour, while investment management fees are structured based on a tiered percentage schedule. Clients have the option to impose restrictions on investments, although current clients have not done so. The firm does not provide portfolio management services to a wrap fee program. Mine & Arao uses a comprehensive approach to asset management, considering factors like age, risk tolerance, and capital needs. They invest in mutual funds, individual stocks, bonds, CDs, and ETFs. The firm does not engage in performance-based fees, and their investment strategies prioritize client risk tolerance and tax considerations. Mine & Arao is a fiduciary and does not guarantee investment performance. The firm's principals also operate Mine & Arao, LLP, a CPA firm, but clients are not obligated to use their accounting services. John T. Arao and Bud T. Mine have extensive educational backgrounds and professional designations as CPAs and Personal Financial Specialists. There are no disciplinary actions reported for the firm or its principals. Mine & Arao uses Charles Schwab & Co., Inc. as the custodian/broker for client assets, with fees based on a percentage of assets under management. The firm does not receive compensation for client referrals and does not engage in personal trading that may conflict with client interests. The brochure supplements provide detailed information about the educational background, business experience, and professional designations of John T. Arao and Bud T. Mine, as well as their roles within the firm and any additional compensation received.