# Westend Capital Management, LLC.

> Westend Capital Management, LLC. is an SEC-registered investment advisory firm in Sausalito, CA, registered since 2002, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 18, 2026.

- CRD: 120545
- Filed as: WESTEND CAPITAL MANAGEMENT, LLC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Sausalito, CA
- Filing period: October 2026
- Form ADV filing dated: March 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/120545
- AdvisorCensus page: https://advisorcensus.com/firm/westend-capital-management-llc-sausalito-ca-120545

## Quick answers

**How is Westend Capital Management, LLC. compensated?**
On its Form ADV (Item 5.E, October 2026), Westend Capital Management, LLC. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Westend Capital Management, LLC. located?**
Westend Capital Management, LLC.'s principal office is in Sausalito, CA, according to its Form ADV.

**Is Westend Capital Management, LLC. registered with the SEC or a state?**
Westend Capital Management, LLC. is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 120545.

**How much does Westend Capital Management, LLC. manage?**
Westend Capital Management, LLC. reports $436,222,715 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (99% discretionary).

**How have Westend Capital Management, LLC.'s assets and staff changed since 2021?**
In the Form ADV data for Westend Capital Management, LLC.: Regulatory assets under management: $158,056,900 in the October 2021 data and $436,222,715 in the October 2026 data, up 176%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Westend Capital Management, LLC. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (166); high net worth individuals (157); pension and profit sharing plans (but not the plan participants or government pension plans) (4).

**Which custodians does Westend Capital Management, LLC. use?**
Westend Capital Management, LLC.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co and Equity Trust Company as custodians holding 10% or more of its separately managed account assets.

**Does Westend Capital Management, LLC. report any disciplinary disclosures?**
Reports 6 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct), and 11.D(2) (another regulator's finding of a violation). 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/120545

**What changed in Westend Capital Management, LLC.'s recent Form ADV filings?**
In the February 2026 filing data: Employees performing advisory functions went from 2 to 3. Regulatory assets under management went from $348,134,070 to $435,160,000 (+25%). Registered or notice-filed in LA, NM, NY.

## From the Form ADV filing

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

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

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: $436,222,715
- Discretionary: $431,551,953
- Non-discretionary: $4,670,762

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 166 | $58,750,000 |
| High net worth individuals | 157 | $368,110,000 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $1,062,715 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $6,200,000 |
| Charitable organizations | 3 | $2,100,000 |

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

### Firm details
- Registered since: 2002 (24 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, LA, NM, NY, TX
- Disclosures (Item 11): Reports 6 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(1): Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.C(2): 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?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): 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?
- 11.D(1): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/120545

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $158,056,900 | 5 | September 13, 2021 |
| October 2022 | $194,460,663 | 5 | April 6, 2022 |
| October 2023 | $174,329,015 | 5 | July 24, 2023 |
| October 2024 | $232,892,370 | 4 | August 20, 2024 |
| October 2025 | $348,134,070 | 4 | April 8, 2025 |
| October 2026 | $436,222,715 | 5 | March 18, 2026 |

Regulatory assets under management: $158,056,900 in the October 2021 data and $436,222,715 in the October 2026 data, up 176%.
Total employees: 5 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Employees performing advisory functions went from 2 to 3.
- Regulatory assets under management went from $348,134,070 to $435,160,000 (+25%).
- Registered or notice-filed in LA, NM, NY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Westend Capital Management, LLC. (CRD 120545): Form ADV filing data as of October 2026.