Barnes Wealth Management Group

Wealth Management Firm in Kern County, CA

Firm Info
Address: 5060 California Ave Ste 600, Bakersfield, CA 93309, USA
Phone: (661) 322-9799

Firm Size
Assets Under Management: $154.9 million
# of Advisors: 7
# of Clients: 490
Client to Advisor Ratio: 70:1
Average Account Size: $316,164
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Pension Consulting Services
  • Educational Seminars & Workshops

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Corporations or Other Businesses Not Listed Above

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)

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Barnes Wealth Management Group Overview

Barnes Wealth Management Group is a fee-only registered investment advisory firm that provides investment advice only to clients. The firm is headquartered in Bakersfield, CA and has been in business since 2020. Their fee arrangement ensures that their clients receive unbiased financial advice that is not swayed by any conflict of interest. Barnes Wealth Management Group offers a range of services that include financial planning, portfolio management for individuals and small businesses, pension consulting services, and educational seminars and workshops. These services are designed to help their clients make informed decisions about their finances, retirement planning, and other investment decisions. Their portfolio management services are customized to each client's goals, risk tolerance, and time horizon. The firm helps individuals and small businesses to achieve their long-term financial objectives by utilizing a disciplined investment approach that is optimized for each client's unique financial situation. In addition to their investment management services, Barnes Wealth Management Group also offers educational seminars and workshops that provide valuable information and insights into various investment strategies and techniques. These services are aimed at helping their clients to stay informed so that they can make more informed investment decisions and better manage their portfolios.

BARNES WEALTH MANAGEMENT GROUP is a financial advisory firm that provides a wide range of financial services to different types of clients. The firm caters to individuals who are seeking financial advice and planning, as well as high net worth individuals who require a more specialized approach to managing their wealth. In addition, BARNES WEALTH MANAGEMENT GROUP serves other types of corporations that are not listed, but also require comprehensive financial services. The firm acknowledges the different needs and demands of its clients and tailors its services accordingly. BARNES WEALTH MANAGEMENT GROUP offers several fee structures that clients can choose from, depending on the type of services they require. One of the fee structures is a percentage of assets under management (AUM), which means that the client pays a fixed percentage of his/her total investment portfolio to BARNES WEALTH MANAGEMENT GROUP. This fee structure is particularly suitable for high net worth individuals who have substantial assets and prefer to have their investments managed by a professional. Another fee structure that the firm offers is the hourly fee, which is preferred by clients who require a certain amount of financial advice or planning. Lastly, the firm also offers fixed fees, which are typically charged for specific services or projects that require unique and specialized financial expertise. BARNES WEALTH MANAGEMENT GROUP aims to provide flexible and competitive fee structures that are aligned with the clients' needs and expectations.

Typical Clients, Fee Structures & Investment Minimum

Unfortunately, the Part 2 Brochure for Barnes Wealth Management Group does not mention anything about an investment minimum. Therefore, it is unclear what the minimum investment requirement is for the firm's clients. Potential clients may need to contact the firm directly to inquire about their investment minimums and other related details.

How This Office Can Help Kern County, CA Residents

Barnes Wealth Management Group provides customized financial planning strategies to help clients in Kern County, CA achieve their financial goals. The team of experienced advisors understands the unique financial situations that residents of Kern County may be facing, including fluctuating agricultural markets, retirement planning, and estate planning. For those involved in the agriculture industry, Barnes Wealth Management Group offers specialized assistance to help manage cash flow and minimize tax liabilities. Retirement planning is a top concern for many Kern County residents, and the firm offers guidance for retirement planning, including selecting the right investment vehicles and creating a comprehensive plan for income distribution during retirement. The advisors also help clients with estate planning, ensuring their assets are distributed in accordance with their wishes and minimizing tax implications for their heirs. Overall, Barnes Wealth Management Group helps individuals in Kern County navigate the complexities of financial planning and achieve financial success.


Services Offered by Barnes Wealth Management Group

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Barnes Wealth Management Group most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Hourly
Fixed Fees (Other than subscription)
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 5060 California Ave Ste 600, Bakersfield, CA 93309, USA
Phone (661) 322-9799
Directions
Google My Business Reviews:
5 Stars

Other Office Locations

This firm has no other locations.

State Registrations

Barnes Wealth Management Group is registered to service clients in the following states:

  • California
  • Texas

Disciplinary History

Barnes Wealth Management Group does not have any disclosures. Please visit it's Form ADV for more details.

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