The MISSION WEALTH MANAGEMENT, LP is a privately held investment adviser that advises $10.02Bn in regulatory assets under management held in 0 SEC fund types across 0 investment strategies. MISSION WEALTH MANAGEMENT, LP is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 231.56% over the last 5-years.
The Group has been registered with the SEC for 23.67 years and is comprised of 1 filing and 0 relying advisers. They operate out of 33 office locations with their Headquarters at 1111 CHAPALA STREET 3RD FLOOR, SANTA BARBARA, CA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 145 employees comprised of 97 investment and 48 non-investment staff. The total number of Employees increased by 237.21% over the last 5-years.
Their $10.02Bn in assets advised are owned by 0 private funds, 0 public funds and BDCs and 36 other accounts. Assets of High Net Worth Individuals clients own $9.18Bn or 91.61% of Total Assets and Individuals own $629.67mn or 6.28% of Total Assets.
The Group's top investment strategies include , representing of total assets, respectively.
They advise 4 types of clients, top clients are High Net Worth Individuals and Individuals.
The Group uses 0 Fund Administrators, 0 Fund Auditors, 0 Prime Brokers, 0 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses advisory fees, fixed fees and management fees.
MISSION WEALTH MANAGEMENT, LP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a MEDIUM risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In MISSION WEALTH MANAGEMENT, LP's case, they have 5 business conditions that require high process maturity and 0 Watch Factors.