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Westmore Asset Management
Filed as WESTMORE ASSET MANAGEMENT · Legal name Rena Advisors LLC
Westmore Asset Management is an SEC-registered investment advisory firm in Pearl River, NY, registered since 2012, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated February 18, 2026.
Quick answers
From the filingHow is Westmore Asset Management compensated?
On its Form ADV (Item 5.E, October 2026), Westmore Asset Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
Where is Westmore Asset Management located?
Westmore Asset Management's principal office is in Pearl River, NY, according to its Form ADV.
Is Westmore Asset Management registered with the SEC or a state?
Westmore Asset Management is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 164431.
How much does Westmore Asset Management manage?
Westmore Asset Management reports $54,482,287 in regulatory assets under management in its Form ADV filing dated February 18, 2026 (55% discretionary).
How have Westmore Asset Management's assets and staff changed since 2021?
In the Form ADV data for Westmore Asset Management: Regulatory assets under management: $55,815,992 in the October 2021 data and $54,482,287 in the October 2026 data, down 2%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Westmore Asset Management serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (4); high net worth individuals (3).
Which custodians does Westmore Asset Management use?
Westmore Asset Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC, JP Morgan Securities LLC, Pershing Advisor Solutions LLC and Sarasin & Partners LLP as custodians holding 10% or more of its separately managed account assets.
Does Westmore Asset Management 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/164431
Does Westmore Asset Management state an account minimum?
Its Form ADV Part 2A brochure dated February 18, 2026 says: "There is an account minimum, $5,000,000, which may be waived by the investment advisor, based on the needs of the client and the complexity of the situation."
What changed in Westmore Asset Management's recent Form ADV filings?
In the March 2026 filing data: Regulatory assets under management went from $48,471,085 to $54,482,287 (+12%).
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
- Fixed fees (other than subscription fees)
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 2AAccount minimum: $5,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
There is an account minimum, $5,000,000, which may be waived by the investment advisor, based on the needs of the client and the complexity of the situation.
As stated in the firm's Form ADV Part 2A brochure dated February 18, 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$54,482,287 as of October 2026, filing dated February 18, 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- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other
Registration and firm details
Items 1, 2, 5- Legal name
- Rena Advisors LLC
- Also doing business as
- RENA ADVISORS
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2012 (14 years)
- Employees
- Total: 1. Performing investment advisory functions: 1.
- 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
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $54,482,287 | 1 | February 18, 2026 |
| October 2025 | $48,471,085 | 1 | February 18, 2025 |
| October 2024 | $48,623,834 | 1 | February 12, 2024 |
| October 2023 | $49,270,590 | 1 | October 3, 2023 |
| October 2022 | $56,318,198 | 1 | August 5, 2022 |
| October 2021 | $55,815,992 | 1 | February 24, 2021 |
Regulatory assets under management: $55,815,992 in the October 2021 data and $54,482,287 in the October 2026 data, down 2%.
Total employees: 1 in October 2021 and 1 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- March 2026
- Regulatory assets under management went from $48,471,085 to $54,482,287 (+12%).
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. Westmore Asset Management (CRD 164431): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/westmore-asset-management-pearl-river-ny-164431