# Destination Wealth Management

> 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.

- CRD: 110365
- Filed as: DESTINATION WEALTH MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Walnut Creek, CA
- Filing period: October 2026
- Form ADV filing dated: July 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110365
- AdvisorCensus page: https://advisorcensus.com/firm/destination-wealth-management-walnut-creek-ca-110365

## Quick answers

**How is Destination Wealth Management compensated?**
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).

**How much does Destination Wealth Management charge?**
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.

**Where is Destination Wealth Management located?**
Destination Wealth Management's principal office is in Walnut Creek, CA, according to its Form ADV.

**Is Destination Wealth Management registered with the SEC or a state?**
Destination Wealth Management is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 110365.

**How much does Destination Wealth Management manage?**
Destination Wealth Management reports $4,948,271,866 in regulatory assets under management in its Form ADV filing dated July 14, 2026 (100% discretionary).

**How have Destination Wealth Management's assets and staff changed since 2021?**
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.

**What types of clients does Destination Wealth Management serve?**
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).

**Which custodians does Destination Wealth Management use?**
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.

**Does Destination Wealth Management 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/110365

**Does Destination Wealth Management state an account minimum?**
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."

**What changed in Destination Wealth Management's recent Form ADV filings?**
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%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated April 2, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> 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.

- Hourly rate: $250 an hour (financial planning services)

> DWM’s standard hourly rate for financial planning services is $250 per hour, subject to a minimum engagement of six (6) hours.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $4,948,271,866
- Discretionary: $4,948,271,866
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 937 | $570,717,510 |
| High net worth individuals | 1,335 | $4,270,561,768 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $19,738,247 |
| Charitable organizations | 10 | $59,972,094 |
| Corporations or other businesses not listed above | 9 | $27,282,247 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1996 (29 years)
- Employees: 68 total, 31 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: 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
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- destinationwm.com
- kekokua.org
- open.spotify.com/show/033KSDUk64UaA5bhss7Vvz
- podcasts.apple.com/us/podcast/dwm-common-sense-podcast/id6788066972
- Facebook @destinationwm
- Instagram @DESTINATIONWM
- LinkedIn @destinationwealth-management
- X @DESTINATIONWM
- YouTube @DestinationWM

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,226,536,075 | 52 | September 10, 2021 |
| October 2022 | $3,809,515,164 | 50 | April 21, 2022 |
| October 2023 | $3,211,516,711 | 51 | March 29, 2023 |
| October 2024 | $3,701,661,223 | 53 | April 23, 2024 |
| October 2025 | $4,145,050,618 | 56 | April 28, 2025 |
| October 2026 | $4,948,271,866 | 68 | July 14, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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%).

### December 2025
- Registered or notice-filed in SC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Destination Wealth Management (CRD 110365): Form ADV filing data as of October 2026.