AdvisorCensus / Financial advisors / California / Riverside / Keystone Private Wealth
Keystone Private Wealth
Filed as KEYSTONE PRIVATE WEALTH · Legal name Keystone Wealth Services, LLC
Keystone Private Wealth is an SEC-registered investment advisory firm in Palm Desert, CA, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 6, 2026.
Quick answers
From the filingHow is Keystone Private Wealth compensated?
On its Form ADV (Item 5.E, October 2026), Keystone Private Wealth reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
What does Keystone Private Wealth's brochure say about its fees?
Its Form ADV Part 2A brochure dated August 6, 2026 states: Asset-based fee: up to 2% 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 Keystone Private Wealth located?
Keystone Private Wealth's principal office is in Palm Desert, CA, according to its Form ADV.
Is Keystone Private Wealth registered with the SEC or a state?
Keystone Private Wealth is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 301924.
How much does Keystone Private Wealth manage?
Keystone Private Wealth reports $860,654,038 in regulatory assets under management in its Form ADV filing dated August 6, 2026 (93% discretionary).
How have Keystone Private Wealth's assets and staff changed since 2021?
In the Form ADV data for Keystone Private Wealth: Regulatory assets under management: $142,300,000 in the October 2021 data and $860,654,038 in the October 2026 data, up 505%. Total employees: 6 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Keystone Private Wealth serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (285); high net worth individuals (246); corporations or other businesses not listed above (104).
Which custodians does Keystone Private Wealth use?
Keystone Private Wealth'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 Keystone Private Wealth 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/301924
What changed in Keystone Private Wealth's recent Form ADV filings?
In the March 2026 filing data: Regulatory assets under management went from $692,123,348 to $860,654,038 (+24%). Registered or notice-filed in IL.
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
- Hourly charges
- Fixed fees (other than subscription fees)
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 2% of assets a year (the maximum the brochure states)
The brochure's wording
Investment advisory fees are typically based on the average daily ending market value of assets under management during the calendar quarter and the annual fee will not exceed 2.00%.
Fees based on a percentage of managed Plan assets will not exceed 1.50%.
As stated in the firm's Form ADV Part 2A brochure dated August 6, 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$860,654,038 as of October 2026, filing dated August 6, 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
- Pension consulting services
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Legal name
- Keystone Wealth Services, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2021 (5 years)
- Employees
- Total: 11. Performing investment advisory functions: 11.
- 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
-
16 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 | $860,654,038 | 11 | August 6, 2026 |
| October 2025 | $692,123,348 | 11 | July 23, 2025 |
| October 2024 | $534,389,913 | 10 | January 29, 2024 |
| October 2023 | $416,706,113 | 10 | September 6, 2023 |
| October 2022 | $394,590,838 | 9 | June 15, 2022 |
| October 2021 | $142,300,000 | 6 | August 2, 2021 |
Regulatory assets under management: $142,300,000 in the October 2021 data and $860,654,038 in the October 2026 data, up 505%.
Total employees: 6 in October 2021 and 11 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 months- March 2026
- Regulatory assets under management went from $692,123,348 to $860,654,038 (+24%).
- Registered or notice-filed in IL.
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. Keystone Private Wealth (CRD 301924): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/keystone-private-wealth-palm-desert-ca-301924