Fee-only adviser · San Luis Obispo, CA
Cerro Pacific Wealth Advisors, LLC
Cerro Pacific Wealth Advisors, LLC is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in San Luis Obispo, California. On its latest Form ADV, filed October 8, 2026, it reports $532M in regulatory assets under management, 233 individual clients and 4 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 | 310825 · SEC file 801-119640 |
| Office | 733 Marsh ST. Suite #110 San Luis Obispo, CA 93401 |
| Phone | (805) 457-3300 |
| Website | www.cerrowealth.com |
| Regulatory assets under management | $532M |
| Individual clients | 112 non-high-net-worth, 121 high-net-worth |
| Financial planning clients | 51-100 |
| How it charges | Percentage of assets, Fixed fee |
| Services | Financial planning, Portfolio management, Pension consulting, Selection of other advisers |
| Employees | 7 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | October 8, 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 high-net-worth, which on Form ADV means they meet the SEC’s qualified-client or qualified-purchaser test: broadly, more than $1 million managed by the adviser or a net worth above $2 million, with the thresholds indexed for inflation.
- 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 San Luis Obispo
- R.i.t. Wealth Advisors $235M
- Peak Wealth Advisors, Inc. $99M
- KMR Wealth Advisory, LLC $66M
- Lance Parker Wealth Management $38M
- Salvini Financial Planning $116M
- Burkart & Stevens Wealth Management $8.0M
See all 14 fee-only advisers in San Luis Obispo →
Nearby
- Atascadero 2 firms
- Templeton 2 firms
- Santa Maria 1 firm
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