{ "crd_number": 343407, "slug": "westmont-advisory-llc-flower-mound-tx-343407", "primary_business_name": "WESTMONT ADVISORY, LLC", "legal_name": "WESTMONT ADVISORY, LLC", "dbas": [], "city": "Flower Mound", "state": "TX", "country": "United States", "cbsa_code": "19100", "metro": { "cbsa_code": "19100", "common_name": "Dallas", "msa_name": "Dallas-Fort Worth-Arlington, TX", "path": "/advisors/tx/dallas" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2026-08-05", "years_registered": 0, "period": "2026-10-01", "filing_date": "2026-09-29", "carried_forward": false, "raum_total": 100000000.0, "raum_discretionary": 100000000.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 2, "advisory_employees": 2, "client_count_bucket": null, "clients_by_type": { "high_net_worth_individuals": { "raum": 100000000.0, "count": 7 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "TX" ], "websites": [ "https://westmontadvisory.co" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/343407", "city_as_filed": "FLOWER MOUND", "url": "https://advisorcensus.com/firm/westmont-advisory-llc-flower-mound-tx-343407", "display_name": "Westmont Advisory, LLC", "summary": "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.", "citation": "AdvisorCensus. Westmont Advisory, LLC (CRD 343407): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses" ], "quick_answers": [ { "q": "How is Westmont Advisory, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Westmont Advisory, LLC reports these compensation arrangements: a percentage of assets under its management." }, { "q": "How much does Westmont Advisory, LLC charge?", "a": "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." }, { "q": "Where is Westmont Advisory, LLC located?", "a": "Westmont Advisory, LLC's principal office is in Flower Mound, TX, according to its Form ADV." }, { "q": "Is Westmont Advisory, LLC registered with the SEC or a state?", "a": "Westmont Advisory, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 343407." }, { "q": "How much does Westmont Advisory, LLC manage?", "a": "Westmont Advisory, LLC reports $100,000,000 in regulatory assets under management in its Form ADV filing dated September 29, 2026 (100% discretionary)." }, { "q": "What types of clients does Westmont Advisory, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (7)." }, { "q": "Which custodians does Westmont Advisory, LLC use?", "a": "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." }, { "q": "Does Westmont Advisory, 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/343407" }, { "q": "Does Westmont Advisory, LLC state an account minimum?", "a": "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.\"" }, { "q": "What changed in Westmont Advisory, LLC's recent Form ADV filings?", "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [], "recent_changes": [ { "period": "2026-10-01", "period_label": "October 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-09-01", "period_label": "September 2026", "notes": [ "Newly registered with the SEC." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated July 2, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": "3% of assets a year", "stated_range": null, "stated_maximum": null, "account_minimum": "$3,000,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 3% of assets a year" ], "quotes": [ "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." ] }, { "label": "Account minimum", "statements": [ "Account minimum: $3,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "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." ] } ], "values": { "tiers": [ { "min": null, "max": null, "rate_pct": 3.0 } ], "range_pct": null, "max_pct": null, "account_minimum": 3000000.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "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.", "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." ], "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 }, { "name": "Interactive Brokers LLC", "name_as_filed": "INTERACTIVE BROKERS LLC", "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/westmont-advisory-llc-flower-mound-tx-343407.md", "clients": [ { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 7, "fewer_than_5": false, "raum": 100000000.0 } ], "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/343407", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }