Mpi Wealth Management Llc
- Regulatory AUM
- $234M
- Discretionary
- $234M
- Clients
- 153
- Avg AUM / client
- $1.5M
- Accounts
- 156
- Employees
- 4
AUM over time
Annual snapshots from Form ADV filings · as of May 21, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 43 | $15.3M | 6.54% |
| High net worth individuals | 93 | $111M | 47.6% |
| Pension and profit sharing plans | Fewer than 5 clients | $5.4M | 2.31% |
| Charitable organizations | 5 | $4.3M | 1.83% |
| State or municipal government entities | Fewer than 5 clients | $1.5M | 0.63% |
| Insurance companies | 6 | $77.5M | 33.2% |
| Corporations and other businesses | 6 | $18.4M | 7.88% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| United Airlines Pilot Retirement Account Plan United Airlines, Inc. | 2024 |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| David Wayne Pequet | Chief Executive Officer | Jun 2000 (26y) | ≈ 37.5% – 75% via David W. Pequet Declaration Of Trust Dated June 13, 2000 | |
| Matthew Donald Pequet | Managing Member | Dec 2018 (8y) | 25% – 50% | |
| Gery Joseph Sadzewicz | Chief Compliance Officer | Jul 2019 (7y) | Less than 5% | |
| Donald Robert Burnaford | Registered representative | Jan 2026 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| David W. Pequet Declaration Of Trust Dated June 13, 2000 | Trust | Jan 2024 | A | 50% – 75% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- David Wayne Pequet: 75% – 100% of David W. Pequet Declaration Of Trust Dated June 13, 2000 × 50% – 75% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| United Airlines Pilot Retirement Account Plan | United Airlines, Inc. | 17,444 | $16.8B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/21/2026 | 1.08 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: MPI FAILED TO DISCLOSE SOFT DOLLAR PAYMENTS WITH FORMER PARTNERS IN ITS FORM ADV OR ELSEWHERE IN A 1993-4 FILING. MPI VIOLATED SECTIONS 206(1) AND (2) OF THE ADVISERS ACT. MPI ALSO VIOLATED SECTION 207 OF AA BY FAILING TO STATE MATERIAL FACT IN REGISTRATION WITH THE COMMISSION. Status: Final Sanction Detail: $110,833, REPRESENTING SOFT DOLLARS DIRECTED TO RETIRED PARTNERS, WAS LEVIED AGAINST MPI'S MANAGING PARTNERS SHENDE AND PEQUET. 42,916 WAS WAIVED FROM SHENDE'S FINE DUE TO FINANCIAL HARDSHIP CLAIM. PAYMENT WAS MADE IN JUNE, 2000. Summary: STATUS HAS BEEN SETTLED AS OF JUNE 12, 2000. MPI SHALL DELIVER A COPY OF ORDER, TOGETHER WITH A COVER LETTER, IN A FORM ACCEPTABLE TO THE STAFF OF THE COMMISSION, TO EACH OF ITS EXISTING CLIENTS WITHIN 30 DAYS FROM THE DATE OF THE ORDER AND TO PROSPECTIVE CLIENTS UNTIL JUNE 2001.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Commissions
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- Charles Schwab & Co. $149M (64% of AUM) May 2026
- Fifth Third Bank $70.4M (30% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 21, 2026.
View current Form ADV (SEC/IAPD) ↗