{ "crd_number": 323520, "slug": "west-tower-group-llc-richmond-va-323520", "primary_business_name": "WEST TOWER GROUP, LLC", "legal_name": "WEST TOWER GROUP, LLC", "dbas": [], "city": "Richmond", "state": "VA", "country": "United States", "cbsa_code": "40060", "metro": { "cbsa_code": "40060", "common_name": "Richmond", "msa_name": "Richmond, VA", "path": "/advisors/va/richmond" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2022-11-17", "years_registered": 3, "period": "2026-10-01", "filing_date": "2026-09-23", "carried_forward": false, "raum_total": 146204838.0, "raum_discretionary": 146204838.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 8, "advisory_employees": 3, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 146204838.0, "count": 4 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "VA" ], "websites": [ "https://linkedin.com/company/west-tower-group", "https://westtowergroup.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/323520", "city_as_filed": "RICHMOND", "url": "https://advisorcensus.com/firm/west-tower-group-llc-richmond-va-323520", "display_name": "West Tower Group, LLC", "summary": "West Tower Group, LLC is an SEC-registered investment advisory firm in Richmond, VA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 23, 2026.", "citation": "AdvisorCensus. West Tower Group, LLC (CRD 323520): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is West Tower Group, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), West Tower Group, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is West Tower Group, LLC located?", "a": "West Tower Group, LLC's principal office is in Richmond, VA, according to its Form ADV." }, { "q": "Is West Tower Group, LLC registered with the SEC or a state?", "a": "West Tower Group, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 323520." }, { "q": "How much does West Tower Group, LLC manage?", "a": "West Tower Group, LLC reports $146,204,838 in regulatory assets under management in its Form ADV filing dated September 23, 2026 (100% discretionary)." }, { "q": "How have West Tower Group, LLC's assets and staff changed since 2023?", "a": "In the Form ADV data for West Tower Group, LLC: Regulatory assets under management: $454,046,352 in the October 2023 data and $146,204,838 in the October 2026 data, down 68%. Total employees: 20 in October 2023 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 West Tower Group, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4)." }, { "q": "Does West Tower Group, 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/323520" }, { "q": "What changed in West Tower Group, LLC's recent Form ADV filings?", "a": "In the October 2026 filing data: Employees performing advisory functions went from 5 to 3." } ], "filing_history": [ { "period": "2023-10-01", "regulatory_assets_under_management": 454046352.0, "total_employees": 20, "filing_date": "2023-06-27" }, { "period": "2024-10-01", "regulatory_assets_under_management": 384172036.0, "total_employees": 9, "filing_date": "2024-07-16" }, { "period": "2025-10-01", "regulatory_assets_under_management": 173564009.0, "total_employees": 10, "filing_date": "2025-06-25" }, { "period": "2026-10-01", "regulatory_assets_under_management": 146204838.0, "total_employees": 8, "filing_date": "2026-09-23" } ], "recent_changes": [ { "period": "2026-10-01", "period_label": "October 2026", "notes": [ "Employees performing advisory functions went from 5 to 3." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 6 to 5.", "Regulatory assets under management went from $173,564,009 to $142,029,046 (-18%).", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/west-tower-group-llc-richmond-va-323520.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 4, "fewer_than_5": false, "raum": 146204838.0 } ], "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/323520", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }