{
  "crd_number": 314816,
  "slug": "thepartners-wealth-management-carmel-by-the-sea-ca-314816",
  "primary_business_name": "THEPARTNERS WEALTH MANAGEMENT",
  "legal_name": "THE PARTNERS WEALTH MANAGEMENT, LLC",
  "dbas": [
    "ADAPTIVE WEALTH MANAGEMENT",
    "AMBRE FINANCIAL",
    "ASH CREEK FINANCIAL ADVISORS",
    "BIANCO WEALTH MANAGEMENT",
    "CENTRAL COAST FINANCIAL MANAGEMENT, INC.",
    "COACTIVE WEALTH STRATEGISTS",
    "GORDON WEALTH",
    "KLYMAN FINANCIAL",
    "MALONE FINANCIAL SERVICES",
    "OCEAN POINTE FINANCIAL SERVICES GROUP, LLC",
    "SALVUS WEALTH PARTNERS",
    "SHALOM WEALTH PARTNERS",
    "THEPARTNERS RETIREMENT AND BUSINESS SOLUTIONS",
    "TRIVELLONI ASSET MANAGEMENT",
    "TW SMITH PLANNING AND INVESTMENTS",
    "WILKINS WEALTH MANAGEMENT",
    "WORTH FINANCIAL SOLUTIONS"
  ],
  "city": "Carmel by the Sea",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41500",
  "metro": {
    "cbsa_code": "41500",
    "common_name": "Salinas",
    "msa_name": "Salinas, CA",
    "path": "/advisors/ca/salinas"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-11-08",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-09-09",
  "carried_forward": false,
  "raum_total": 1183999769.0,
  "raum_discretionary": 1181424638.0,
  "raum_non_discretionary": 2575131.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 38,
  "advisory_employees": 36,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": null,
      "count": 0
    },
    "charitable": {
      "raum": null,
      "count": 0
    },
    "individuals": {
      "raum": 528520412.0,
      "count": 5495
    },
    "banking_thrift": {
      "raum": null,
      "count": 0
    },
    "state_municipal": {
      "raum": null,
      "count": 0
    },
    "insurance_companies": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": null,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 84859779.0,
      "count": 230
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 549532603.0,
      "count": 430
    },
    "pooled_investment_vehicles": {
      "raum": null,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 21086975.0,
      "count": 57
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 2,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "CT",
    "DE",
    "FL",
    "GA",
    "IA",
    "ID",
    "IL",
    "MA",
    "MD",
    "MI",
    "NC",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "PA",
    "TX",
    "UT",
    "VA",
    "WA"
  ],
  "websites": [
    "https://ashcreekfinancial.com",
    "https://centralcoastfm.com",
    "https://coactivewealthstrategists.com",
    "https://facebook.com/CentralCoastFinancial",
    "https://gordonwealth.net",
    "https://klyman-finance-hub.base44.app",
    "https://klymanfinancial.com",
    "https://oceanpointefg.com",
    "https://shalomwealthpartners.com",
    "https://thepartnersfinancialsolutions.com",
    "https://thepartnerswm.com",
    "https://trivam.com",
    "https://twsfinancialplanning.com",
    "https://wilkinswealthmanagement.com",
    "https://worthfinancialsolutions.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/314816",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "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?"
    },
    {
      "item": "11.C(5)",
      "question": "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?"
    }
  ],
  "city_as_filed": "CARMEL BY THE SEA",
  "url": "https://advisorcensus.com/firm/thepartners-wealth-management-carmel-by-the-sea-ca-314816",
  "display_name": "Thepartners Wealth Management",
  "summary": "Thepartners Wealth Management is an SEC-registered investment advisory firm in Carmel by the Sea, CA, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 9, 2026.",
  "citation": "AdvisorCensus. Thepartners Wealth Management (CRD 314816): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Thepartners Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Thepartners Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Thepartners Wealth Management charge?",
      "a": "Its Form ADV Part 2A brochure dated June 10, 2026 states: Hourly rate: $400 an hour (Financial planning and consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Thepartners Wealth Management located?",
      "a": "Thepartners Wealth Management's principal office is in Carmel by the Sea, CA, according to its Form ADV; the October 2026 filing also lists 12 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Thepartners Wealth Management registered with the SEC or a state?",
      "a": "Thepartners Wealth Management is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 314816."
    },
    {
      "q": "How much does Thepartners Wealth Management manage?",
      "a": "Thepartners Wealth Management reports $1,183,999,769 in regulatory assets under management in its Form ADV filing dated September 9, 2026 (100% discretionary)."
    },
    {
      "q": "How have Thepartners Wealth Management's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Thepartners Wealth Management: Regulatory assets under management: $0 in the October 2022 data and $1,183,999,769 in the October 2026 data. Total employees: 3 in October 2022 and 38 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Thepartners Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (5,495); high net worth individuals (430); pension and profit sharing plans (but not the plan participants or government pension plans) (230)."
    },
    {
      "q": "Which custodians does Thepartners Wealth Management use?",
      "a": "Thepartners Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelty Investments as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Thepartners Wealth Management report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation) 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/314816"
    },
    {
      "q": "What changed in Thepartners Wealth Management's recent Form ADV filings?",
      "a": "In the September 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 3,
      "filing_date": "2022-03-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 100659138.0,
      "total_employees": 5,
      "filing_date": "2023-08-08"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 172525504.0,
      "total_employees": 7,
      "filing_date": "2024-09-16"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 454537144.0,
      "total_employees": 31,
      "filing_date": "2025-07-22"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1183999769.0,
      "total_employees": 38,
      "filing_date": "2026-09-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Added the business name Shalom Wealth Partners.",
        "Added the business name Malone Financial Services.",
        "Added an office in Hackensack, NJ."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "No longer lists the business name Preiss Financial LLC.",
        "Added the business name Ambre Financial.",
        "Added an office in Colts Neck, NJ.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Employees performing advisory functions went from 31 to 36."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Added the business name Salvus Wealth Partners.",
        "Item 11 disclosure answers changed: 2 yes answers, previously 0 (now yes: 11.C(2), 11.C(5)).",
        "Changed its legal name from Partners Wealth Management, LLC to The Partners Wealth Management, LLC.",
        "Employees performing advisory functions went from 30 to 31.",
        "Regulatory assets under management went from $454,537,144 to $1,183,999,769 (+160%).",
        "Added an office in Jacksonville, FL.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Employees performing advisory functions went from 32 to 30."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Added the business name Gordon Wealth.",
        "Added an office in Miami, FL.",
        "Added an office in Show Low, AZ.",
        "Registered or notice-filed in MA, MD."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 29 to 32.",
        "Added an office in Thatcher, AZ.",
        "No longer lists an office in Safford, AZ."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 10, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $400 an hour (Financial planning and consulting services)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $400 an hour (Financial planning and consulting services)"
        ],
        "quotes": [
          "For one-time engagements, fees will be charged at hourly rate of up to $400 per hour or as a fixed engagement."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 400.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Financial planning and consulting services"
        }
      ]
    },
    "quotes": [
      "For one-time engagements, fees will be charged at hourly rate of up to $400 per hour or as a fixed engagement."
    ],
    "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
    },
    {
      "name": "Fidelty Investments",
      "name_as_filed": "FIDELTY INVESTMENTS",
      "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/thepartners-wealth-management-carmel-by-the-sea-ca-314816.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 5495,
      "fewer_than_5": false,
      "raum": 528520412.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 430,
      "fewer_than_5": false,
      "raum": 549532603.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 230,
      "fewer_than_5": false,
      "raum": 84859779.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 57,
      "fewer_than_5": false,
      "raum": 21086975.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "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/314816",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}