Wealth manager, independent · Santa Barbara, CA
Mission Wealth Management, LP
SEC-registered investment adviser · CRD 113057 · SEC 801-61230
At a glance
Mission Wealth Management, LP is an SEC-registered investment adviser based in Santa Barbara, California, with $17B in regulatory assets under management as of its Form ADV filed September 28, 2026. It reports 5,299 individual clients, 3,633 of them high-net-worth, holding an average of about $3.2 million each, and 220 employees. That ranks it 56th among the nation’s 5,657 independent wealth management RIAs and 11th of 714 in California. It reports 2 custodians for its clients’ separately managed accounts: Fidelity and Charles Schwab.
Up $3.1B from $14B in its previous filing; rank 69 → 56. This month’s movers →
Main office 805-882-2360missionwealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $17B
- Rank among independent wealth managers
- #56 of 5,657
- Rank among all SEC RIAs
- #971 of 17,210
- Rank in California
- #11 of 714
- Individual clients
- 5,299
- High-net-worth clients
- 3,633
- Accounts
- 18,908
- Discretionary
- 70% of AUM
- Employees
- 220
- Advisory staff
- 135
- Offices
- 30
Owners and executives on its Form ADV
- Brad W. StarkCo-Founder / CCO / CFO
- Matthew W. AdamsManaging Partner / Chief Executive Officer
- Dannell R. StuartPresident / Partner
- Kieran D. OsborneChief Investment Officer / Partner
- Brian G. SottakPartner / Senior Managing Director
- David S. LeeChief Operating Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Mission Wealth Management, LP reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 3,633 | $16B | 94% |
| Individuals | 1,666 | $748M | 4% |
| Charitable organizations | 28 | $212M | 1% |
| Corporations or other businesses | 12 | $35M | <1% |
| State or municipal government entities | 2 | $10M | <1% |
| Pension and profit sharing plans | – | $0M | <1% |
| Other | – | $0M | <1% |
Disciplinary disclosures
Mission Wealth Management, LP reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗missionwealth.com ↗
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The full record on Mission Wealth Management, LP
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 246 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in California
All of California →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Baker Street Advisors, LLCSAN Francisco | $21B | 504 |
| Comprehensive Financial Management LLCLOS Gatos | $19B | 13 |
| Aspiriant, LLCLOS Angeles | $18B | 2,310 |
| Alphacore Capital LLCLa Jolla | $13B | 3,985 |
| Perigon Wealth Management, LLCSAN Francisco | $11B | 5,421 |
| Pure Financial Advisors, LLCSAN Diego | $11B | 7,503 |
Compare Mission Wealth Management, LP with
- Mission Wealth Management, LP vs WE Family Offices $18B · Coral Gables, FL
- Mission Wealth Management, LP vs Modera Wealth Management, LLC $18B · Westwood, NJ
- Mission Wealth Management, LP vs Citizens Private Wealth $17B · Tarrytown, NY
- Mission Wealth Management, LP vs Independent Financial Partners $16B · Tampa, FL
- Mission Wealth Management, LP vs Aspiriant, LLC $18B · LOS Angeles, CA
Background
Questions
How much does Mission Wealth Management, LP manage?
Mission Wealth Management, LP reports $17B in regulatory assets under management across 18,908 accounts, 70% of it on a discretionary basis, on its Form ADV filed September 28, 2026.
How many clients does Mission Wealth Management, LP have?
It reports 5,299 individual clients: 3,633 high-net-worth individuals and 1,666 other individuals. Individuals account for about 98% of its regulatory assets.
Where is Mission Wealth Management, LP headquartered?
Its main office is in Santa Barbara, California. It reports 30 offices in total and 220 employees, 135 of whom perform investment advisory functions.
How does Mission Wealth Management, LP charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Mission Wealth Management, LP use?
It reports 2 custodians for its clients’ separately managed accounts: Fidelity and Charles Schwab. On Schedule D of its Form ADV filed September 28, 2026, it reports these amounts held: Fidelity ($10B); Charles Schwab ($6.5B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Mission Wealth Management, LP a hybrid RIA with a broker-dealer?
Mission Wealth Management, LP reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Mission Wealth Management, LP a fiduciary?
As an SEC-registered investment adviser, Mission Wealth Management, LP owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Mission Wealth Management, LP’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-28), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →