{
  "crd_number": 144571,
  "slug": "westbourne-investment-advisors-inc-annapolis-md-144571",
  "primary_business_name": "WESTBOURNE INVESTMENT ADVISORS INC.",
  "legal_name": "WESTBOURNE INVESTMENT ADVISORS INC.",
  "dbas": [],
  "city": "Annapolis",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "12580",
  "metro": {
    "cbsa_code": "12580",
    "common_name": "Baltimore",
    "msa_name": "Baltimore-Columbia-Towson, MD",
    "path": "/advisors/md/baltimore"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2007-07-19",
  "years_registered": 19,
  "period": "2026-10-01",
  "filing_date": "2026-03-03",
  "carried_forward": false,
  "raum_total": 448793999.0,
  "raum_discretionary": 448793999.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 6,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 3433166.0,
      "count": 9
    },
    "individuals": {
      "raum": 39535905.0,
      "count": 119
    },
    "pension_profit_sharing": {
      "raum": 6481355.0,
      "count": 7
    },
    "high_net_worth_individuals": {
      "raum": 399343573.0,
      "count": 68
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "DC",
    "FL",
    "MD",
    "NJ",
    "NY",
    "PA",
    "TX",
    "VA"
  ],
  "websites": [
    "https://westbourneinvadvisors.com",
    "https://wia1.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/144571",
  "city_as_filed": "ANNAPOLIS",
  "url": "https://advisorcensus.com/firm/westbourne-investment-advisors-inc-annapolis-md-144571",
  "display_name": "Westbourne Investment Advisors Inc.",
  "summary": "Westbourne Investment Advisors Inc. is an SEC-registered investment advisory firm in Annapolis, MD, registered since 2007, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 3, 2026.",
  "citation": "AdvisorCensus. Westbourne Investment Advisors Inc. (CRD 144571): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Westbourne Investment Advisors Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Westbourne Investment Advisors Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Westbourne Investment Advisors Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated March 3, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Westbourne Investment Advisors Inc. located?",
      "a": "Westbourne Investment Advisors Inc.'s principal office is in Annapolis, MD, according to its Form ADV."
    },
    {
      "q": "Is Westbourne Investment Advisors Inc. registered with the SEC or a state?",
      "a": "Westbourne Investment Advisors Inc. is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 144571."
    },
    {
      "q": "How much does Westbourne Investment Advisors Inc. manage?",
      "a": "Westbourne Investment Advisors Inc. reports $448,793,999 in regulatory assets under management in its Form ADV filing dated March 3, 2026 (100% discretionary)."
    },
    {
      "q": "How have Westbourne Investment Advisors Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Westbourne Investment Advisors Inc.: Regulatory assets under management: $230,409,635 in the October 2021 data and $448,793,999 in the October 2026 data, up 95%. Total employees: 3 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Westbourne Investment Advisors Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (119); high net worth individuals (68); charitable organizations (9)."
    },
    {
      "q": "Which custodians does Westbourne Investment Advisors Inc. use?",
      "a": "Westbourne Investment Advisors Inc.'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 Westbourne Investment Advisors Inc. 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/144571"
    },
    {
      "q": "Does Westbourne Investment Advisors Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 3, 2026 says: \"The firm's preferred minimum account size is generally $100,000. Smaller accounts, however, may be accepted and may be combined with other client \"family\" accounts to reach the preferred minimum.\""
    },
    {
      "q": "What changed in Westbourne Investment Advisors Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 5 to 6. Regulatory assets under management went from $359,090,832 to $448,793,999 (+25%). No longer lists an office in Allentown, PA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 230409635.0,
      "total_employees": 3,
      "filing_date": "2021-02-16"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 299391424.0,
      "total_employees": 4,
      "filing_date": "2022-03-07"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 243782289.0,
      "total_employees": 4,
      "filing_date": "2023-02-23"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 299845037.0,
      "total_employees": 4,
      "filing_date": "2024-02-12"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 359090832.0,
      "total_employees": 5,
      "filing_date": "2025-02-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 448793999.0,
      "total_employees": 6,
      "filing_date": "2026-03-03"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 5 to 6.",
        "Regulatory assets under management went from $359,090,832 to $448,793,999 (+25%).",
        "No longer lists an office in Allentown, PA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 3, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1.5% of assets a year",
    "account_minimum": "$100,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Investment advisory fees do not exceed 1. 50% per annum and are negotiable."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $100,000"
        ],
        "quotes": [
          "The firm's preferred minimum account size is generally $100,000. Smaller accounts, however, may be accepted and may be combined with other client \"family\" accounts to reach the preferred minimum."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 1.5,
      "account_minimum": 100000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Investment advisory fees do not exceed 1. 50% per annum and are negotiable.",
      "The firm's preferred minimum account size is generally $100,000. Smaller accounts, however, may be accepted and may be combined with other client \"family\" accounts to reach the preferred 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/westbourne-investment-advisors-inc-annapolis-md-144571.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 119,
      "fewer_than_5": false,
      "raum": 39535905.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 68,
      "fewer_than_5": false,
      "raum": 399343573.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 7,
      "fewer_than_5": false,
      "raum": 6481355.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 9,
      "fewer_than_5": false,
      "raum": 3433166.0
    }
  ],
  "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/144571",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}