AdvisorCensus / Financial advisors / Texas / Dallas / Westmont Advisory, LLC
Westmont Advisory, LLC is an SEC-registered investment advisory firm in Flower Mound, TX, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 29, 2026.
Quick answers
From the filingHow is Westmont Advisory, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Westmont Advisory, LLC reports these compensation arrangements: a percentage of assets under its management.
What does Westmont Advisory, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated July 2, 2026 states: Asset-based fee: 3% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Westmont Advisory, LLC located?
Westmont Advisory, LLC's principal office is in Flower Mound, TX, according to its Form ADV.
Is Westmont Advisory, LLC registered with the SEC or a state?
Westmont Advisory, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 343407.
How much does Westmont Advisory, LLC manage?
Westmont Advisory, LLC reports $100,000,000 in regulatory assets under management in its Form ADV filing dated September 29, 2026 (100% discretionary).
What types of clients does Westmont Advisory, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (7).
Which custodians does Westmont Advisory, LLC use?
Westmont Advisory, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Interactive Brokers LLC as custodians holding 10% or more of its separately managed account assets.
Does Westmont Advisory, 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/343407
Does Westmont Advisory, LLC state an account minimum?
Its Form ADV Part 2A brochure dated July 2, 2026 says: "Westmont generally requires a minimum of $3,000,000 in investable assets to open and maintain an advisory account. Westmont may waive or modify this minimum in its discretion."
What changed in Westmont Advisory, LLC's recent Form ADV filings?
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 3% of assets a year
The brochure's wording
Westmont charges an annual advisory fee of 3% of assets under management. The fee is a flat rate and is not tiered or subject to breakpoint pricing.
Account minimum: $3,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
Westmont generally requires a minimum of $3,000,000 in investable assets to open and maintain an advisory account. Westmont may waive or modify this minimum in its discretion.
As stated in the firm's Form ADV Part 2A brochure dated July 2, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$100,000,000 as of October 2026, filing dated September 29, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2026 (0 years)
- Employees
- Total: 2. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
2 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Changes in the filing
Last 12 months- October 2026
- Updated its list of owners and control persons (Schedule A).
- September 2026
- Newly registered with the SEC.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Westmont Advisory, LLC (CRD 343407): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/westmont-advisory-llc-flower-mound-tx-343407