AdvisorCensus / Financial advisors / California / Los Angeles / Select Money Management, Inc.
Select Money Management, Inc. is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2010, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 17, 2026.
Quick answers
From the filingHow is Select Money Management, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Select Money Management, Inc. reports these compensation arrangements: a percentage of assets under its management.
Where is Select Money Management, Inc. located?
Select Money Management, Inc.'s principal office is in Los Angeles, CA, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Select Money Management, Inc. registered with the SEC or a state?
Select Money Management, Inc. is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 153256.
How much does Select Money Management, Inc. manage?
Select Money Management, Inc. reports $1,804,636,978 in regulatory assets under management in its Form ADV filing dated August 17, 2026 (98% discretionary).
How have Select Money Management, Inc.'s assets and staff changed since 2021?
In the Form ADV data for Select Money Management, Inc.: Regulatory assets under management: $467,051,183 in the October 2021 data and $1,804,636,978 in the October 2026 data, up 286%. Total employees: 8 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 Select Money Management, Inc. serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (507); high net worth individuals (399); charitable organizations (46).
Which custodians does Select Money Management, Inc. use?
Select Money Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Assetmark Trust and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.
Does Select Money Management, Inc. report any disciplinary disclosures?
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/153256
What changed in Select Money Management, Inc.'s recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $1,493,943,360 to $1,804,636,978 (+21%). Updated its list of owners and control persons (Schedule A).
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
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 2ASee the firm's brochure (dated March 31, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$1,804,636,978 as of October 2026, filing dated August 17, 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- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2010 (16 years)
- Employees
- Total: 8. Performing investment advisory functions: 8.
- Wrap fee program participation
- Yes.
- Custodians (Schedule D, Section 5.K(3))
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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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the September 2026 filing
- States registered or notice-filed
-
45 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 114 Reports 4 disclosure items on Form ADV Item 11. View on IAPD.
Questions answered yes on this filing
Regulatory matters Items 11.C to 11.G
- 11.C(1) Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.C(2) Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4) Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5) Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of 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 | $1,804,636,978 | 8 | August 17, 2026 |
| October 2025 | $1,493,943,360 | 8 | March 24, 2025 |
| October 2024 | $1,108,209,677 | 8 | May 20, 2024 |
| October 2023 | $783,986,116 | 8 | March 13, 2023 |
| October 2022 | $650,443,158 | 8 | March 28, 2022 |
| October 2021 | $467,051,183 | 8 | March 30, 2021 |
Regulatory assets under management: $467,051,183 in the October 2021 data and $1,804,636,978 in the October 2026 data, up 286%.
Total employees: 8 in October 2021 and 8 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- April 2026
- Regulatory assets under management went from $1,493,943,360 to $1,804,636,978 (+21%).
- Updated its list of owners and control persons (Schedule A).
- March 2026
- Added an office in Aliso Viejo, CA.
- February 2026
- Registered or notice-filed in AK, AL, CA, CO, CT, DC, DE, FL, GA, HI, IA, IL, IN, KS, MA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NH, NM, NV, NY, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV.
- Updated its list of owners and control persons (Schedule A).
- January 2026
- No longer registered or notice-filed in AL, CA, FL, GA, HI, IA, IL, IN, LA, MI, MN, MT, NC, ND, NE, NM, NV, NY, OR, PA, TN, TX, VA.
- November 2025
- Updated its list of owners and control persons (Schedule A).
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. Select Money Management, Inc. (CRD 153256): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/select-money-management-inc-los-angeles-ca-153256