# Old West Investment Management, LLC

> Old West Investment Management, LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2008, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 148343
- Filed as: OLD WEST INVESTMENT MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/148343
- AdvisorCensus page: https://advisorcensus.com/firm/old-west-investment-management-llc-los-angeles-ca-148343

## Quick answers

**How is Old West Investment Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Old West Investment Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Old West Investment Management, LLC located?**
Old West Investment Management, LLC's principal office is in Los Angeles, CA, according to its Form ADV.

**Is Old West Investment Management, LLC registered with the SEC or a state?**
Old West Investment Management, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 148343.

**How much does Old West Investment Management, LLC manage?**
Old West Investment Management, LLC reports $915,678,156 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (99% discretionary).

**How have Old West Investment Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Old West Investment Management, LLC: Regulatory assets under management: $243,153,516 in the October 2021 data and $915,678,156 in the October 2026 data, up 277%. Total employees: 6 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Old West Investment Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (735); individuals (other than high net worth individuals) (53); corporations or other businesses not listed above (48).

**Which custodians does Old West Investment Management, LLC use?**
Old West Investment Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Wells Fargo Clearing Services, LLC as custodians holding 10% or more of its separately managed account assets.

**Does Old West Investment Management, 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/148343

**What changed in Old West Investment Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 7 to 8. Regulatory assets under management went from $476,543,531 to $915,678,156 (+92%). Registered or notice-filed in CT, FL, GA, ID, MN, NC, NY, WA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Wells Fargo Clearing Services, LLC

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: $915,678,156
- Discretionary: $903,033,305
- Non-discretionary: $12,644,851

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 53 | $11,459,847 |
| High net worth individuals | 735 | $330,261,598 |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $511,076,063 |
| Charitable organizations | Fewer than 5 | $11,317,443 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $27,108,078 |
| Corporations or other businesses not listed above | 48 | $24,455,127 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 2008 (17 years)
- Employees: 8 total, 8 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, CT, DE, FL, GA, ID, IL, IN, LA, MN, NC, NH, NJ, NV, NY, PA, TN, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [oldwestim.com](https://oldwestim.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $243,153,516 | 6 | March 29, 2021 |
| October 2022 | $343,629,068 | 6 | March 23, 2022 |
| October 2023 | $319,626,661 | 6 | March 22, 2023 |
| October 2024 | $401,855,134 | 7 | August 30, 2024 |
| October 2025 | $476,543,531 | 7 | March 31, 2025 |
| October 2026 | $915,678,156 | 8 | March 30, 2026 |

Regulatory assets under management: $243,153,516 in the October 2021 data and $915,678,156 in the October 2026 data, up 277%.
Total employees: 6 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 7 to 8.
- Regulatory assets under management went from $476,543,531 to $915,678,156 (+92%).
- Registered or notice-filed in CT, FL, GA, ID, MN, NC, NY, WA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Old West Investment Management, LLC (CRD 148343): Form ADV filing data as of October 2026.