Mission Wealth Management, LP

RIASEC RegisteredEst. 2002

Total AUM

$17B

Discretionary

$11.9B

70% of AUM

Avg account

$899K

Accounts

18,908

Employees

220

Advisory reps

134

Firm details

Headquarters: Santa Barbara, California
CRD number: 113057
Registered since: June 7, 2002
Website: missionwealth.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI94.08%
Individuals4.4%
Charitable Organizations1.25%
Corporations / Businesses0.21%
State / Municipal Government0.06%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Mission Wealth Management, LP is an independent registered investment adviser organized as a limited partnership and SEC-registered since 2002. The firm serves both high-net-worth individuals and families as well as institutional clients, offering financial planning, discretionary and non-discretionary portfolio management, pension consulting and selection of third-party advisers. It also operates an insurance brokerage practice. Mission describes itself as a capital allocator and identifies as an active ESG investor, indicating that environmental, social and governance considerations are part of its investment process. Mission Wealth uses a mix of fee arrangements, including percentage-of-AUM billing as well as hourly and fixed-fee engagements. The firm has been recognized repeatedly by industry outlets: Barron’s Top 100 RIA (multiple years through 2025), Forbes America’s Top RIA Firms (2023, 2024), Financial Times Top 300 (2020), FA Magazine Top RIA Firms (2020), and an AdvisorHub “50 RIA Firms to Watch” mention (2026).