Duckworth Mehner Private Wealth Advisors, Inc. (Costa Mesa)

Name: Duckworth Mehner Private Wealth Advisors, Inc.
Address: 3189 Pullman Street, Costa Mesa, CA, 92626
Telephone: 714-433-2100

Duckworth Mehner Private Wealth Advisors, Inc. is a large advisory firm based in Costa Mesa. It manages $118.31 million of regulatory assets for 172 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California and Texas.

Duckworth Mehner Private Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Duckworth Mehner Private Wealth Advisors: assets under management

The assets under management (AUM) of Duckworth Mehner Private Wealth Advisors, Inc. is $118.31 million. The firm's AUM has grown by 55% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $113.19 million in discretionary accounts and $5.11 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $912.86 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $106.49 thousand.

Duckworth Mehner Private Wealth Advisors has custody of $25.8 thousand in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Duckworth Mehner Private Wealth Advisors, Inc. for their services and products based on a percentage of assets under management and hourly charges. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Duckworth Mehner Private Wealth Advisors, Inc.

Michael Craig Duckworth has been acting as President since 1 Sep 1998. Kara Leigh Duckworth joined the executive team most recently as the Chief Compliance Officer/Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Craig Duckworth	President	1 Sep 1998	50% - 75%	3163945
Glenn Robert Mehner	Vice president/secretary	1 Sep 1998	25% - 50%	3175574
Kara Leigh Duckworth	Chief compliance officer	1 Jan 2006	Other	3028626
Michael Craig Duckworth	President	1 Nov 2013	75% - 100%	3163945
Kara Leigh Duckworth	Chief compliance officer/secretary	1 Nov 2013	Other	3028626

Based in Costa Mesa

The principal office where Duckworth Mehner Private Wealth Advisors, Inc. performs its advisory services is located at 3189 Pullman Street, Costa Mesa, CA 92626, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 714-433-2100 or by fax 714-433-2101. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.dmcapital.net.