Fee-only adviser · Bakersfield, CA
Barnes Wealth Management Group
Barnes Wealth Management Group is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in Bakersfield, California. On its latest Form ADV, filed March 17, 2026, it reports $477M in regulatory assets under management, 833 individual clients and 7 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | SEC-registered |
|---|---|
| Firm CRD number | 132189 · SEC file 801-118031 |
| Office | 5060 California Ave. Suite 600 Bakersfield, CA 93309 |
| Phone | (661) 322-9799 |
| Website | www.barneswealth.com |
| Regulatory assets under management | $477M ($308M discretionary) |
| Individual clients | 709 non-high-net-worth, 124 high-net-worth |
| Financial planning clients | 26-50 |
| How it charges | Percentage of assets, Hourly, Fixed fee, Other |
| Services | Financial planning, Portfolio management, Pension consulting, Educational seminars |
| Employees | 12 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | March 17, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It offers hourly or fixed-fee arrangements, so you may be able to pay for a plan without handing over your investments.
- It also charges a percentage of assets managed for ongoing investment management.
- Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
- It provides financial planning services, not only portfolio management.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Other fee-only advisers in Bakersfield
- Woodward Diversified Capital, LLC $610M
- Mestmaker & Petrey Wealth Advisors $141M
- Entruity Wealth, LLC $171M
- Wealthtarget Investment Advisors, LLC $75M
- Anchor Point Financial $174M
- Bolthouse Investment Management Services $631M
See all 7 fee-only advisers in Bakersfield →
Comparing several firms? Tell us what you need and we will suggest fee-only advisers that fit. Work at Barnes Wealth Management Group? Update this listing.