{
  "crd_number": 110365,
  "slug": "destination-wealth-management-walnut-creek-ca-110365",
  "primary_business_name": "DESTINATION WEALTH MANAGEMENT",
  "legal_name": "DESTINATION WEALTH MANAGEMENT",
  "dbas": [],
  "city": "Walnut Creek",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1996-10-11",
  "years_registered": 29,
  "period": "2026-10-01",
  "filing_date": "2026-07-14",
  "carried_forward": false,
  "raum_total": 4948271866.0,
  "raum_discretionary": 4948271866.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 68,
  "advisory_employees": 31,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 59972094.0,
      "count": 10
    },
    "individuals": {
      "raum": 570717510.0,
      "count": 937
    },
    "pension_profit_sharing": {
      "raum": 19738247.0,
      "count": 8
    },
    "high_net_worth_individuals": {
      "raum": 4270561768.0,
      "count": 1335
    },
    "corporations_other_businesses": {
      "raum": 27282247.0,
      "count": 9
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "CT",
    "FL",
    "GA",
    "HI",
    "ID",
    "LA",
    "MA",
    "MD",
    "MN",
    "MO",
    "MT",
    "NC",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OR",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA"
  ],
  "websites": [
    "https://destinationwm.com",
    "https://facebook.com/destinationwm",
    "https://instagram.com/DESTINATIONWM",
    "https://kekokua.org",
    "https://linkedin.com/company/destinationwealth-management",
    "https://open.spotify.com/show/033KSDUk64UaA5bhss7Vvz",
    "https://podcasts.apple.com/us/podcast/dwm-common-sense-podcast/id6788066972",
    "https://x.com/DESTINATIONWM",
    "https://youtube.com/user/DestinationWM/featured"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110365",
  "city_as_filed": "WALNUT CREEK",
  "url": "https://advisorcensus.com/firm/destination-wealth-management-walnut-creek-ca-110365",
  "display_name": "Destination Wealth Management",
  "summary": "Destination Wealth Management is an SEC-registered investment advisory firm in Walnut Creek, CA, registered since 1996, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 14, 2026.",
  "citation": "AdvisorCensus. Destination Wealth Management (CRD 110365): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Destination Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Destination Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Destination Wealth Management charge?",
      "a": "Its Form ADV Part 2A brochure dated April 2, 2026 states: Hourly rate: $250 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Destination Wealth Management located?",
      "a": "Destination Wealth Management's principal office is in Walnut Creek, CA, according to its Form ADV."
    },
    {
      "q": "Is Destination Wealth Management registered with the SEC or a state?",
      "a": "Destination Wealth Management is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 110365."
    },
    {
      "q": "How much does Destination Wealth Management manage?",
      "a": "Destination Wealth Management reports $4,948,271,866 in regulatory assets under management in its Form ADV filing dated July 14, 2026 (100% discretionary)."
    },
    {
      "q": "How have Destination Wealth Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Destination Wealth Management: Regulatory assets under management: $3,226,536,075 in the October 2021 data and $4,948,271,866 in the October 2026 data, up 53%. Total employees: 52 in October 2021 and 68 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Destination Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (1,335); individuals (other than high net worth individuals) (937); charitable organizations (10)."
    },
    {
      "q": "Which custodians does Destination Wealth Management use?",
      "a": "Destination Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Destination Wealth Management report any disciplinary disclosures?",
      "a": "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/110365"
    },
    {
      "q": "Does Destination Wealth Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 2, 2026 says: \"DWM generally requires a minimum Household portfolio size of $500,000 for discretionary investment management services; however, DWM may waive this minimum requirement in its sole discretion.\""
    },
    {
      "q": "What changed in Destination Wealth Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 34 to 31. Regulatory assets under management went from $4,145,050,618 to $4,948,271,866 (+19%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 3226536075.0,
      "total_employees": 52,
      "filing_date": "2021-09-10"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 3809515164.0,
      "total_employees": 50,
      "filing_date": "2022-04-21"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 3211516711.0,
      "total_employees": 51,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 3701661223.0,
      "total_employees": 53,
      "filing_date": "2024-04-23"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 4145050618.0,
      "total_employees": 56,
      "filing_date": "2025-04-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 4948271866.0,
      "total_employees": 68,
      "filing_date": "2026-07-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 34 to 31.",
        "Regulatory assets under management went from $4,145,050,618 to $4,948,271,866 (+19%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in SC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 2, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $250 an hour (financial planning services)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "DWM generally requires a minimum Household portfolio size of $500,000 for discretionary investment management services; however, DWM may waive this minimum requirement in its sole discretion."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $250 an hour (financial planning services)"
        ],
        "quotes": [
          "DWM’s standard hourly rate for financial planning services is $250 per hour, subject to a minimum engagement of six (6) hours."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 250.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning services"
        }
      ]
    },
    "quotes": [
      "DWM generally requires a minimum Household portfolio size of $500,000 for discretionary investment management services; however, DWM may waive this minimum requirement in its sole discretion.",
      "DWM’s standard hourly rate for financial planning services is $250 per hour, subject to a minimum engagement of six (6) hours."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/destination-wealth-management-walnut-creek-ca-110365.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 937,
      "fewer_than_5": false,
      "raum": 570717510.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1335,
      "fewer_than_5": false,
      "raum": 4270561768.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 19738247.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 10,
      "fewer_than_5": false,
      "raum": 59972094.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 9,
      "fewer_than_5": false,
      "raum": 27282247.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110365",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}