Mestmaker & Petrey Wealth Advisors provides asset management, pension consulting, and 401(k) participant services to individuals, families, and employer plan sponsors. Founded in 2008 and based in Bakersfield, California, Mestmaker & Petrey Wealth Advisors creates customized portfolios consisting of stocks, bonds, exchange-traded funds, mutual funds, and other securities. The firm manages investment accounts on a discretionary basis, meaning they make trades on your behalf after determining a suitable strategy for your goals. In addition to portfolio management, Mestmaker & Petrey Wealth Advisors offers pension consulting for retirement plans and reviews for individual 401(k) accounts. The firm also publishes an online subscription newsletter called the Western Financial Underground. Representatives of the firm may act as insurance agents and offer insurance products separately.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.65% |
| $500K - $1.0M | 1.50% |
| $1.0M - $5.0M | 1.40% |
| $5.0M - $10.0M | 1.15% |
| $10.0M - $25.0M | 0.90% |
| $25.0M - $50.0M | 0.80% |
| $50M+ | 0.65% |
Fees are billed quarterly in advance and may be negotiable based on prior relationships and related account holdings.