# Welton Investment Partners LLC

> Welton Investment Partners LLC is an SEC-registered investment advisory firm in Carmel, CA, registered since 2014, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 28, 2026.

- CRD: 172452
- Filed as: WELTON INVESTMENT PARTNERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Carmel, CA
- Filing period: October 2026
- Form ADV filing dated: August 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/172452
- AdvisorCensus page: https://advisorcensus.com/firm/welton-investment-partners-llc-carmel-ca-172452

## Quick answers

**How is Welton Investment Partners LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Welton Investment Partners LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Welton Investment Partners LLC located?**
Welton Investment Partners LLC's principal office is in Carmel, CA, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Welton Investment Partners LLC registered with the SEC or a state?**
Welton Investment Partners LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 172452.

**How much does Welton Investment Partners LLC manage?**
Welton Investment Partners LLC reports $330,020,247 in regulatory assets under management in its Form ADV filing dated August 28, 2026 (100% discretionary).

**How have Welton Investment Partners LLC's assets and staff changed since 2021?**
In the Form ADV data for Welton Investment Partners LLC: Regulatory assets under management: $327,516,871 in the October 2021 data and $330,020,247 in the October 2026 data, up 1%. Total employees: 20 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Welton Investment Partners LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6); investment companies (4).

**Does Welton Investment Partners 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/172452

**What changed in Welton Investment Partners LLC's recent Form ADV filings?**
In the September 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $330,020,247
- Discretionary: $330,020,247
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 4 | $51,131,974 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $278,888,273 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2014 (12 years)
- Employees: 18 total, 8 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- welton.com
- LinkedIn @welton

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $327,516,871 | 20 | March 31, 2021 |
| October 2022 | $451,874,821 | 20 | March 31, 2022 |
| October 2023 | $443,475,836 | 20 | March 31, 2023 |
| October 2024 | $440,234,325 | 22 | March 29, 2024 |
| October 2025 | $387,864,367 | 19 | March 31, 2025 |
| October 2026 | $330,020,247 | 18 | August 28, 2026 |

Regulatory assets under management: $327,516,871 in the October 2021 data and $330,020,247 in the October 2026 data, up 1%.
Total employees: 20 in October 2021 and 18 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $387,864,367 to $330,020,247 (-15%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Welton Investment Partners LLC (CRD 172452): Form ADV filing data as of October 2026.