Mission Wealth Management, LP (DBA Mission Wealth) is an SEC-registered investment adviser
legally bound by the fiduciary standard when serving Clients. This means that we will always act in our
Clients’ best interest. To be specific, Mission Wealth makes the following commitments to our Clients:
1. We will always put our Clients’ interests first – ahead of our own, that of our firm, and our
employees. As defined by federal law, we will act as your fiduciary.
2. While neither we nor anyone can promise superior investment returns, we will provide impartial
advice and act with skill, care, diligence and good judgment in the management of Clients’
investment portfolios.
MWM was established in February 2000 and has thirty seven Limited Partners with Mission Wealth
Management, LLC as the General Partner. MWM and our Wealth Advisors (those that at a minimum
have a series 65 license or equivalent) provide a variety of Investment Advisory Services to Clients,
including, but not limited to: personalized portfolio management (Investment services) and financial
planning (Consulting services).
Services We Offer:
MWM believes in offering a “total picture” advice solution encompassing Wealth, Risk, Tax, Trust &
Estate, Legacy, Philanthropy and Investment planning primarily to high-net-worth individuals and
families. We also offer advisory services to entities such as non-profits, endowments, foundations,
pensions and others. Service Models are customized for each Client based upon their needs, goals
and stated desires.
Wealth Management:
Wealth Management includes investment management and financial planning and consulting
services. In certain cases, MWM may also coordinate with third parties. We begin by gathering
information about the Client’s financial circumstances and goals. We then assist in determining
objectives. MWM then makes financial, investment and asset allocation recommendations in
accordance with the objectives. Portfolios may include many types of investments including, but not
limited to the following which may include both domestic and foreign allocations:
• Exchange Traded Funds (“ETFs”)
• Institutional Mutual Funds
• Dimensional Funds (“DFA”)
• Multi-Managed Funds
• Common and Preferred Stocks
• Corporate and Government Bonds
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• Social Values / Socially Responsible (“SRI”)
• Municipal Tax-Free Bonds
• Certificate of Deposits (“CDs”) and Cash Instruments
• Variable Insurance Contracts
• Existing Client Holdings
• Alternative Investments (Public and Private)
• Direct Debt
• Real Estate
• Sector Funds
• Interval Funds
• Hedge Funds
• Short Funds
• Unit Investment Trusts
• Hedging Strategies
• Stock Exchange Fund
• Private Equity / Private Debt
• Limited Partnerships Trading Strategies / Options
Customized Approach: MWM first analyzes the Client’s financial situation and investment objectives.
Services are tailored to the individual needs of Clients based upon goals, income needs, risk tolerance,
tax status, and other considerations. Clients may impose restrictions. However, restrictions on
investments in certain securities or types of securities may not be possible due to the level of difficulty
this would entail in managing the account. MWM then determines the most appropriate platform and
investments that best match the objectives. Once the Client agrees with the recommendations, MWM
implements the portfolio.
MWM never holds Client money (we do not have custody, all Client funds are held directly with the
Custodian, in each Client’s own segregated account under their social security number). MWM will assist
the Client to establish individual accounts in their name primarily at Fidelity or Schwab (“Custodian”).
The Custodian holds the Client's funds and transactions are completed at the request of MWM on
behalf of the Client. See specific paperwork for details regarding the Custodian and the services they
offer to the Client.
MWM has discretion on all accounts except for those accounts as agreed upon (Non-Discretionary
relationships as a Client choice). MWM generally recommends long-term investment strategies. Short-
term investment strategies may be used to accommodate certain circumstances. There is no assurance
that a Client’s investment objectives will be achieved, and past performance does not guarantee future
results.
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Services provided depend largely on the information provided by the Client. To provide appropriate
recommendations and implementation for the Client, it is very important that the Client provide
accurate and complete responses to the questions asked, as well as to inform MWM of any changes in
the Client’s investment objectives and personal circumstances. MWM will periodically send each Client a
reminder to notify MWM of any changes. Clients are assigned a Wealth Advisor who is responsible for
delivering advisory services, and dealing with matters relating to their accounts.
Services models are offered to clients depending on the assets under management of the relationship,
complexity and specific goals. The four service model tiers are; Emerging Wealth (<$1M), Integrated
Wealth Solution ($1M-$5M), Private Client Solution ($5M+) and Family Office Solution ($20M+).
Financial Planning & Consulting:
MWM may provide consultation services involving the analysis of a particular investment or financial
situation. This generally takes the form of a financial plan but may just focus on a topic such as
Retirement Planning, Estate and Legacy Planning, Life/Wealth Events, Business Succession, College
Planning, Cash Flow Analysis, Corporate Benefit Reviews, Seminars, Fiduciary Compliance Work, or
Analysis regarding investment of lump sum distributions from employer pension, profit sharing plans
and the like.
In preparing a financial plan for a Client, MWM gathers information through personal interviews and
document requests. Should a Client implement the recommendations contained in the financial plan,
MWM suggests that the Client work closely with his or her attorney and/or accountant and share the
recommendations. Consulting Services may be charged on an hourly basis or as a flat fee but are
usually covered under the Investment Advisory Fee for Clients that have assets under our management.
Tax Planning/Preparation:
MWM offers tax planning services which may include “tax smart” trading to reduce unwarranted
portfolio taxes as well as consultations to discuss possible relevant strategies. Tax preparation services
are either provided internally, via third party relationships or a combination approach depending on the
circumstances. Tax preparation may be included as part of our fee as agreed upon (minimum account
balances are required) or billed as a separate engagement. There is no affiliation or compensation
between MWM and any third-party provider(s).
Estate/Trust Planning:
MWM offers estate planning document review, strategy planning and coordination with counsel. MWM
has established a network of trust preparation companies where services may be appropriate. Trust
preparation services via third party relationships may be included as part of our fee as agreed upon
(minimum account balances are required). MWM is not a law firm, nor does MWM provide legal advice
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or act as your attorney. There is no affiliation or compensation between MWM and the third-party
provider(s).
Pension Fund Investment Consulting:
These services provided to pension funds may include an initial review of all investments, assisting in the
development and periodic review of the investment policy, developing an asset allocation plan,
conducting investment manager / alternatives / mutual fund / ETF searches and the like when
requested, presenting a summary of performance, implementing recommendations accepted by client,
and conducting meetings as required.
Institutional Retirement Plan Services:
MWM’s business, government, and defined contribution retirement plan clients utilize MWM as an
ERISA Section 3(21) Fiduciary investment advisor on their tax‐deferred retirement plans.
Financial Institution Consulting Services:
MWM provides investment consulting services to certain customers of Mutual Securities, Inc.
(“Brokerage Customers”) who provide written consent requesting to receive our firm’s consulting
services. This consulting arrangement does not include assuming discretionary authority over Brokerage
Customers’ brokerage accounts or the monitoring of securities. These consulting services offered to
Brokerage Customers may include a general review of Brokerage Customers’ investment holdings,
which may or may not result in MWM’s investment adviser representative making specific securities
recommendations or offering general investment advice. Brokerage Customers have entered into a
written advisory agreement with MWM.
MWM does not participate in wrap fee programs.
Assets under Management as of 12/31/2023:
Discretionary: $5,662,061,640
Non-Discretionary: $1,410,899,128
Total: $7,072,960,768
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