Firm
MDRN Wealth
Venice, California
Fee-only
MDRN Wealth at a glance
- One of 1,191 fee-only firms based in California in the Wellspent graph.
- 4 advisors are listed here; 2 of 4 hold the CFP.
- Its Form ADV reports 4 employees and 102 individual clients, 36 of them high net worth.
- Its average account is about $190,000 (assets it manages divided by its 529 accounts).
- Its website says it's taking new clients.
- It works with clients virtually as well as in person.
Fee-only advisors in California · What fee-only advisors charge in California
Facts
| Based in | Venice, California |
|---|---|
| Website | mdrnwealth.com |
| [email protected] | |
| Phone | (480) 901-0612 |
MDRN Wealth fees
What the firm's own website says it charges, checked October 28, 2026. We keep a price only when the exact words stating it appear on the page.
| Asset-based fee | 1% a year on the first tier of assets |
|---|---|
| Account minimum | $500,000 |
| How it charges | Percentage of assets |
In the firm's words
"—1% on the first $2,000,000 we manage" source
"Our typical minimum is $500,000 in investable assets." source
"We charge a fee that’s a percentage of the value of the investments we manage" source
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees |
|---|---|
| Assets managed | $101 million |
| Individual clients | 66 |
| High-net-worth clients | 36 |
| Accounts managed | 529 |
| Employees | 4 |
| Planning clients | 51-100 |
| Registered with | The SEC (801-137777) |
| Financial planning | Offered |
| Form ADV filed | October 22, 2026 |
| SEC record | CRD 323177 |