AdvisorCensus / Financial advisors / California / Oxnard / Calabasas Advisory Group, LLC
Calabasas Advisory Group, LLC is an SEC-registered investment advisory firm in Westlake Village, CA, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 10, 2026.
Quick answers
From the filingHow is Calabasas Advisory Group, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Calabasas Advisory Group, LLC reports these compensation arrangements: a percentage of assets under its management.
What does Calabasas Advisory Group, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated February 10, 2026 states: Asset-based fee: up to 1.25% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Calabasas Advisory Group, LLC located?
Calabasas Advisory Group, LLC's principal office is in Westlake Village, CA, according to its Form ADV.
Is Calabasas Advisory Group, LLC registered with the SEC or a state?
Calabasas Advisory Group, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 288224.
How much does Calabasas Advisory Group, LLC manage?
Calabasas Advisory Group, LLC reports $249,526,000 in regulatory assets under management in its Form ADV filing dated February 10, 2026 (100% discretionary).
How have Calabasas Advisory Group, LLC's assets and staff changed since 2021?
In the Form ADV data for Calabasas Advisory Group, LLC: Regulatory assets under management: $178,465,000 in the October 2021 data and $249,526,000 in the October 2026 data, up 40%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Calabasas Advisory Group, LLC serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (334); high net worth individuals (154).
Which custodians does Calabasas Advisory Group, LLC use?
Calabasas Advisory Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.
Does Calabasas Advisory Group, LLC report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/288224
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: up to 1.25% of assets a year (the maximum the brochure states)
The brochure's wording
The maximum annual fee charged for this service will not exceed 1.25%. Fees to be assessed will be outlined in the advisory agreement to be signed by the client.
As stated in the firm's Form ADV Part 2A brochure dated February 10, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$249,526,000 as of October 2026, filing dated February 10, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Also doing business as
- JL WEALTH MANAGEMENT, SEMELENG FINANCIAL SERVICES
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2017 (9 years)
- Employees
- Total: 2. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
2 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $249,526,000 | 2 | February 10, 2026 |
| October 2025 | $240,549,000 | 2 | January 10, 2025 |
| October 2024 | $222,008,000 | 2 | January 10, 2024 |
| October 2023 | $185,393,000 | 2 | January 26, 2023 |
| October 2022 | $201,146,000 | 2 | February 14, 2022 |
| October 2021 | $178,465,000 | 2 | February 3, 2021 |
Regulatory assets under management: $178,465,000 in the October 2021 data and $249,526,000 in the October 2026 data, up 40%.
Total employees: 2 in October 2021 and 2 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Calabasas Advisory Group, LLC (CRD 288224): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/calabasas-advisory-group-llc-westlake-village-ca-288224