BARNES WEALTH MANAGEMENT GROUP

RIASEC RegisteredEst. 2020

Total AUM

$477M

Discretionary

$308M

65% of AUM

Avg account

$325K

Accounts

1,470

Employees

Advisory reps

Firm details

Headquarters: BAKERSFIELD, California
CRD number: 132189
Registered since: February 3, 2020
Website: www.barneswealth.com
Custodians: CHARLES SCHWAB & CO., INC., VOYA RETIREMENT ADVISORS, LLC, PRINCIPAL SECURITIES, INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: Pension & Profit Sharing Plans35.38%
HNWI35.02%
Individuals28.5%
Corporations / Businesses0.97%
Charitable Organizations0.13%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Barnes Wealth Management Group is an independent registered investment adviser, formed in 2020 and organized as a corporation with ownership listed as a mix of a domestic entity and an individual. The firm serves both individual and family clients as well as institutional relationships, offering a mix of financial planning, portfolio management for individuals and small businesses, pension consulting services, and educational seminars and workshops. Its fee arrangements are flexible and include a percentage-of-AUM model alongside hourly and fixed-fee engagements and other fee types. Barnes Wealth Management Group does not position itself as a capital allocator; instead it appears to implement third‑party solutions for alternatives and other non-core strategies. The firm does not identify as an active ESG investor and is not registered as a multi‑state adviser.