{
  "crd_number": 131359,
  "slug": "salem-partners-wealth-management-llc-los-angeles-ca-131359",
  "primary_business_name": "SALEM PARTNERS WEALTH MANAGEMENT, LLC",
  "legal_name": "SALEM PARTNERS WEALTH MANAGEMENT, LLC",
  "dbas": [],
  "city": "Los Angeles",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2004-07-23",
  "years_registered": 22,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 1497133263.0,
  "raum_discretionary": 1497133263.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 8,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 214798.0,
      "count": 3,
      "description": "FOUNDATION",
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 1496918465.0,
      "count": 46
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "MA",
    "NY",
    "TX"
  ],
  "websites": [
    "https://salempartners.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/131359",
  "city_as_filed": "LOS ANGELES",
  "url": "https://advisorcensus.com/firm/salem-partners-wealth-management-llc-los-angeles-ca-131359",
  "display_name": "Salem Partners Wealth Management, LLC",
  "summary": "Salem Partners Wealth Management, LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2004, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Salem Partners Wealth Management, LLC (CRD 131359): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Salem Partners Wealth Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Salem Partners Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Salem Partners Wealth Management, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Up to $10,000,000: 1% a year; $10,000,000 to $30,000,000: 0.9% a year; $30,000,000 to $50,000,000: 0.75% a year; Above $50,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Salem Partners Wealth Management, LLC located?",
      "a": "Salem Partners Wealth Management, LLC's principal office is in Los Angeles, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Salem Partners Wealth Management, LLC registered with the SEC or a state?",
      "a": "Salem Partners Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 131359."
    },
    {
      "q": "How much does Salem Partners Wealth Management, LLC manage?",
      "a": "Salem Partners Wealth Management, LLC reports $1,497,133,263 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Salem Partners Wealth Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Salem Partners Wealth Management, LLC: Regulatory assets under management: $282,326,472 in the October 2021 data and $1,497,133,263 in the October 2026 data, up 430%. Total employees: 7 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Salem Partners Wealth Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (46); other (3)."
    },
    {
      "q": "Which custodians does Salem Partners Wealth Management, LLC use?",
      "a": "Salem Partners Wealth Management, LLC'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 Salem Partners Wealth Management, LLC 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/131359"
    },
    {
      "q": "Does Salem Partners Wealth Management, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"SPWM requires a minimum account size of $10,000,000. However, SPWM maintains the discretion to waive the account minimum.\""
    },
    {
      "q": "What changed in Salem Partners Wealth Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $413,344,561 to $1,497,133,263 (+262%). Registered or notice-filed in MA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 282326472.0,
      "total_employees": 7,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 333794481.0,
      "total_employees": 7,
      "filing_date": "2022-03-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 330944999.0,
      "total_employees": 8,
      "filing_date": "2023-05-02"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 360461962.0,
      "total_employees": 8,
      "filing_date": "2024-05-06"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 413344561.0,
      "total_employees": 8,
      "filing_date": "2025-05-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1497133263.0,
      "total_employees": 8,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $413,344,561 to $1,497,133,263 (+262%).",
        "Registered or notice-filed in MA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $10,000,000",
        "rate": "1%"
      },
      {
        "band": "$10,000,000 to $30,000,000",
        "rate": "0.9%"
      },
      {
        "band": "$30,000,000 to $50,000,000",
        "rate": "0.75%"
      },
      {
        "band": "Above $50,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$10,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $10,000,000: 1% a year",
          "$10,000,000 to $30,000,000: 0.9% a year",
          "$30,000,000 to $50,000,000: 0.75% a year",
          "Above $50,000,000: 0.5% a year"
        ],
        "quotes": [
          "1.00% of the First $10,000,000\n.90% of the Next $20,000,000\n.75% of the Next $20,000,000\n.50% of the Amount over $50,000,000"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $10,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "SPWM requires a minimum account size of $10,000,000. However, SPWM maintains the discretion to waive the account minimum."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 10000000.0,
          "rate_pct": 1.0
        },
        {
          "min": 10000000.0,
          "max": 30000000.0,
          "rate_pct": 0.9
        },
        {
          "min": 30000000.0,
          "max": 50000000.0,
          "rate_pct": 0.75
        },
        {
          "min": 50000000.0,
          "max": null,
          "rate_pct": 0.5
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 10000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "1.00% of the First $10,000,000\n.90% of the Next $20,000,000\n.75% of the Next $20,000,000\n.50% of the Amount over $50,000,000",
      "SPWM requires a minimum account size of $10,000,000. However, SPWM maintains the discretion to waive the account minimum."
    ],
    "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/salem-partners-wealth-management-llc-los-angeles-ca-131359.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 46,
      "fewer_than_5": false,
      "raum": 1496918465.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 3,
      "fewer_than_5": true,
      "raum": 214798.0
    }
  ],
  "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/131359",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}