Bridgewealth Advisory Group, LLC

Bridgewealth Advisory Group, LLC is a registered investment adviser based in Fresno, CA, managed by Kevin Hook, Joshua Carpenter, and Derek Elrod. Established in 2025, the firm specializes in managing assets for various clients to help achieve their financial goals while considering risk tolerance and time horizons. As a fiduciary, Bridgewealth always acts in the client's best interest, offering a service-oriented advisory practice with open communication lines. The firm sponsors a wrap fee program, allowing clients to pay a single fee for investment advisory services and associated custodial transaction costs. Bridgewealth manages over $740 million in client assets on a discretionary basis as of December 31, 2024. The firm provides comprehensive portfolio management services through its Wrap Fee Program, tailored to meet clients' needs and investment objectives. Additionally, clients participating in the program receive financial planning services. The annual fee for the Wrap Fee Program does not exceed 1.75% and is billed quarterly based on the account balance. Bridgewealth uses various investment strategies, including fundamental analysis, asset allocation, fixed income securities, and more, to manage client accounts. Clients have the option to set reasonable restrictions on their investments, and the firm provides regular account reviews and reports to ensure alignment with client objectives. Bridgewealth does not compensate for client referrals and does not have custody of client funds, except for fee withdrawals and third-party standing letters of authorization for wire transfers.