AdvisorCensus / Financial advisors / California / Los Angeles / Westmount Partners, LLC
Westmount Partners, LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2011, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 15, 2026.
Quick answers
From the filingHow is Westmount Partners, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Westmount Partners, LLC reports these compensation arrangements: a percentage of assets under its management.
What does Westmount Partners, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated May 15, 2026 states: Up to $10,000,000: 1% a year; $10,000,000 to $20,000,000: 0.75% a year; $20,000,000 to $50,000,000: 0.5% a year; Above $50,000,000: 0.25% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Westmount Partners, LLC located?
Westmount Partners, LLC's principal office is in Los Angeles, CA, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Westmount Partners, LLC registered with the SEC or a state?
Westmount Partners, LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 158857.
How much does Westmount Partners, LLC manage?
Westmount Partners, LLC reports $5,938,136,974 in regulatory assets under management in its Form ADV filing dated May 15, 2026 (99% discretionary).
How have Westmount Partners, LLC's assets and staff changed since 2021?
In the Form ADV data for Westmount Partners, LLC: Regulatory assets under management: $3,118,536,481 in the October 2021 data and $5,938,136,974 in the October 2026 data, up 90%. Total employees: 33 in October 2021 and 39 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Westmount Partners, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (847); individuals (other than high net worth individuals) (571); charitable organizations (23).
Which custodians does Westmount Partners, LLC use?
Westmount Partners, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Westmount Partners, 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/158857
What changed in Westmount Partners, LLC's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $5,202,679,011 to $6,515,128,435 (+25%). Registered or notice-filed in NC.
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 2A| Assets | Annual rate |
|---|---|
| Up to $10,000,000 | 1% |
| $10,000,000 to $20,000,000 | 0.75% |
| $20,000,000 to $50,000,000 | 0.5% |
| Above $50,000,000 | 0.25% |
The brochure's wording
New clients pay an investment advisory fee at the following annual rate based on the total asset value of the client's investment account: Assets Under Management Fee Amounts up to $10,000,000 1.00% of asset value The next $10,000,000 0.75% of asset value The next $30,000,000 0.50% of asset value Amounts over $50,000,000 0.25% of asset value
As stated in the firm's Form ADV Part 2A brochure dated May 15, 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$5,938,136,974 as of October 2026, filing dated May 15, 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
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2011 (14 years)
- Employees
- Total: 39. Performing investment advisory functions: 18.
- 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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the June 2026 filing
- States registered or notice-filed
-
17 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 | $5,938,136,974 | 39 | May 15, 2026 |
| October 2025 | $5,202,679,011 | 39 | March 28, 2025 |
| October 2024 | $4,259,362,338 | 39 | February 9, 2024 |
| October 2023 | $3,565,626,032 | 39 | October 3, 2023 |
| October 2022 | $3,837,485,441 | 33 | March 24, 2022 |
| October 2021 | $3,118,536,481 | 33 | March 22, 2021 |
Regulatory assets under management: $3,118,536,481 in the October 2021 data and $5,938,136,974 in the October 2026 data, up 90%.
Total employees: 33 in October 2021 and 39 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- April 2026
- Regulatory assets under management went from $5,202,679,011 to $6,515,128,435 (+25%).
- Registered or notice-filed in NC.
- January 2026
- No longer registered or notice-filed in GA.
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. Westmount Partners, LLC (CRD 158857): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/westmount-partners-llc-los-angeles-ca-158857