Mestmaker & Petrey Wealth Advisors

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Client assets under management

$129,800,000

Clients

348

7% high-net-worth

Advisors

of 3 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

116

Very High

Average account size

$372,989

About

Mestmaker & Petrey Wealth Advisors provides asset management, pension consulting, and 401(k) participant services to individuals (including high net worth clients), trusts, corporations, and employer retirement plans. The firm also offers an optional subscription newsletter and client-accessible blog, and delivers educational seminars and participant education for plan sponsors.

For discretionary asset-management clients the firm conducts at least quarterly reviews and tailors portfolios using a mix of charting, fundamental, technical and cyclical analysis, employing long- and short-term holdings as well as trading, margin and option-writing strategies where appropriate. Pension consulting engagements and 401(k) participant reviews are delivered on a case-by-case basis and may include assistance with plan structure, investment option reviews and ongoing participant education or workshops.

The brochure highlights several features that are uncommon among similar supported firms: a paid subscription newsletter described as having a “somewhat aggressive bias,” regular educational seminars for retirement plan fiduciaries at no additional cost, and sponsorships or third‑party‑sponsored client events and speakers (disclosed as potential conflicts). It also discloses an operational relationship with Raymond James that provides research, technology and marketing support, plus one‑time onboarding assistance and transfer‑fee reimbursement arrangements.

Client services

Financial planning Portfolio management Pension consulting Newsletters or periodicals Educational seminars or workshops

Expertise

Options & derivatives strategies

Fee options

Fixed

Flat fees generally range from $250 to $10,000 for pension consulting; $50 to $1,000 for 401(k) participant services

Percentage

$0 - $500,000: 1.65% annually $500,001 - $1,000,000: 1.50% annually $1,000,001 - $5,000,000: 1.40% annually $5,000,001 - $10,000,000: 1.15% annually $10,000,001 - $25,000,000: 0.90% annually $25,000,001 - $50,000,000: 0.80% annually $50,000,001+: 0.65% annually

Project-based

$250 per hour for pension consulting services

Subscriptions

$100 annually for online newsletter & blog subscription

Other

Fee-only: Hourly fee $250; Flat fees $250 to $10,000 for pension consulting; Flat fees $50 to $1,000 for 401(k) participant services; $100 annually for online newsletter subscription

Main office location

Mestmaker & Petrey Wealth Advisors

2000 Oak Street, Suite 100

Bakersfield CA 93301, United States

Number of offices

Most active in

California · Texas

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website (661) 395-9400

Advisors at this firm

Daniel P

Series 66

Bakersfield, CA

Mestmaker & Petrey Wealth Advisors

Daniel Petrey is a financial advisor at Mestmaker & Petrey Wealth Advisors with 22 years of industry experience. He holds the Series 66 designation and has been with the firm since 2009. Mestmaker & Petrey Wealth Advisors provides discretionary asset management, pension consulting, and 401(k) participant services for individuals, trusts, retirement plans, and business entities. The firm manages portfolios using a combination of charting, fundamental, technical, and cyclical analysis, and offers a subscription newsletter and educational seminars alongside its advisory services.

Options & derivatives strategies

Jeffrey M

Series 66

Bakersfield, CA

Mestmaker & Petrey Wealth Advisors

Jeffrey Mestmaker is a financial advisor with Mestmaker & Petrey Wealth Advisors in Bakersfield, CA, holding a Series 66 designation and 20 years of industry experience. He has worked with Kern Tobacco Corp. and Kern Asset Leasing Corp. since 2014 and has been with Mestmaker & Petrey Wealth Advisors since 2009. Mestmaker & Petrey Wealth Advisors provides discretionary asset management, pension consulting, and 401(k) participant services for individuals, trusts, retirement plans, and business entities. The firm manages portfolios using a combination of charting, fundamental, technical, and cyclical analysis, and offers a subscription newsletter, educational seminars, and individual 401(k) reviews.

Options & derivatives strategies

Heidi C

Series 65

Bakersfield, CA

Mestmaker & Petrey Wealth Advisors

Heidi Canet is a financial advisor at Mestmaker & Petrey Wealth Advisors in Bakersfield, CA, holding a Series 65 credential with 10 years of industry experience. She has been with Mestmaker & Petrey Wealth Advisors since 2012. Mestmaker & Petrey Wealth Advisors provides discretionary asset management, pension consulting, and 401(k) participant services for individuals, trusts, retirement plans, and business entities. The firm manages portfolios using a combination of charting, fundamental, technical, and cyclical analysis, and offers a subscription newsletter, educational seminars, and individual 401(k) reviews upon request.

Options & derivatives strategies

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