# Westmore Asset Management

> 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.

- CRD: 164431
- Filed as: WESTMORE ASSET MANAGEMENT
- Legal name: Rena Advisors LLC
- Also doing business as: RENA ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Pearl River, NY
- Filing period: October 2026
- Form ADV filing dated: February 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164431
- AdvisorCensus page: https://advisorcensus.com/firm/westmore-asset-management-pearl-river-ny-164431

## Quick answers

**How 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).

**How much does Westmore Asset Management charge?**
Its Form ADV Part 2A brochure dated February 18, 2026 states: Hourly rate: $750 an hour (strategy consulting fees). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**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

### 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 February 18, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> 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.

- Hourly rate: $750 an hour (strategy consulting fees)

> The rate for strategy consulting fees is $750 per hour, negotiable at the Advisor’s discretion.

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.
- Fidelity Brokerage Services LLC
- JP Morgan Securities LLC
- Pershing Advisor Solutions LLC
- Sarasin & Partners LLP

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: $54,482,287
- Discretionary: $30,171,789
- Non-discretionary: $24,310,498

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 4 | $3,382,990 |
| High net worth individuals | 3 | $51,099,297 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2012 (14 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NJ, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $55,815,992 | 1 | February 24, 2021 |
| October 2022 | $56,318,198 | 1 | August 5, 2022 |
| October 2023 | $49,270,590 | 1 | October 3, 2023 |
| October 2024 | $48,623,834 | 1 | February 12, 2024 |
| October 2025 | $48,471,085 | 1 | February 18, 2025 |
| October 2026 | $54,482,287 | 1 | February 18, 2026 |

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.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $48,471,085 to $54,482,287 (+12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Westmore Asset Management (CRD 164431): Form ADV filing data as of October 2026.