# Westbourne Investment Advisors Inc.

> 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.

- CRD: 144571
- Filed as: WESTBOURNE INVESTMENT ADVISORS INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Annapolis, MD
- Filing period: October 2026
- Form ADV filing dated: March 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/144571
- AdvisorCensus page: https://advisorcensus.com/firm/westbourne-investment-advisors-inc-annapolis-md-144571

## Quick answers

**How is Westbourne Investment Advisors Inc. compensated?**
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).

**What does Westbourne Investment Advisors Inc.'s brochure say about its fees?**
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.

**Where is Westbourne Investment Advisors Inc. located?**
Westbourne Investment Advisors Inc.'s principal office is in Annapolis, MD, according to its Form ADV.

**Is Westbourne Investment Advisors Inc. registered with the SEC or a state?**
Westbourne Investment Advisors Inc. is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 144571.

**How much does Westbourne Investment Advisors Inc. manage?**
Westbourne Investment Advisors Inc. reports $448,793,999 in regulatory assets under management in its Form ADV filing dated March 3, 2026 (100% discretionary).

**How have Westbourne Investment Advisors Inc.'s assets and staff changed since 2021?**
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.

**What types of clients does Westbourne Investment Advisors Inc. serve?**
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).

**Which custodians does Westbourne Investment Advisors Inc. use?**
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.

**Does Westbourne Investment Advisors Inc. 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/144571

**Does Westbourne Investment Advisors Inc. state an account minimum?**
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."

**What changed in Westbourne Investment Advisors Inc.'s recent Form ADV filings?**
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.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 3, 2026)

- Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)

> Investment advisory fees do not exceed 1. 50% per annum and are negotiable.

- Account minimum: $100,000

> 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.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $448,793,999
- Discretionary: $448,793,999
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 119 | $39,535,905 |
| High net worth individuals | 68 | $399,343,573 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 7 | $6,481,355 |
| Charitable organizations | 9 | $3,433,166 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2007 (19 years)
- Employees: 6 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DC, FL, MD, NJ, NY, PA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- westbourneinvadvisors.com
- wia1.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $230,409,635 | 3 | February 16, 2021 |
| October 2022 | $299,391,424 | 4 | March 7, 2022 |
| October 2023 | $243,782,289 | 4 | February 23, 2023 |
| October 2024 | $299,845,037 | 4 | February 12, 2024 |
| October 2025 | $359,090,832 | 5 | February 14, 2025 |
| October 2026 | $448,793,999 | 6 | March 3, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Westbourne Investment Advisors Inc. (CRD 144571): Form ADV filing data as of October 2026.