{
  "crd_number": 158857,
  "slug": "westmount-partners-llc-los-angeles-ca-158857",
  "primary_business_name": "WESTMOUNT PARTNERS, LLC",
  "legal_name": "WESTMOUNT PARTNERS, LLC",
  "dbas": [],
  "city": "Los Angeles",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2011-10-19",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-05-15",
  "carried_forward": false,
  "raum_total": 5938136974.0,
  "raum_discretionary": 5901651536.0,
  "raum_non_discretionary": 36485438.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 39,
  "advisory_employees": 18,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 318356572.0,
      "count": 23
    },
    "individuals": {
      "raum": 302998911.0,
      "count": 571
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 111884667.0,
      "count": 6
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 5098766085.0,
      "count": 847
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 106130739.0,
      "count": 16
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "DC",
    "FL",
    "IL",
    "MA",
    "NC",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OR",
    "PA",
    "TX",
    "VA",
    "WA"
  ],
  "websites": [
    "https://linkedin.com/company/westmount-partners-llc",
    "https://westmount.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/158857",
  "city_as_filed": "LOS ANGELES",
  "url": "https://advisorcensus.com/firm/westmount-partners-llc-los-angeles-ca-158857",
  "display_name": "Westmount Partners, LLC",
  "summary": "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.",
  "citation": "AdvisorCensus. Westmount Partners, LLC (CRD 158857): 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",
    "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)"
  ],
  "quick_answers": [
    {
      "q": "How is Westmount Partners, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Westmount Partners, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Westmount Partners, LLC charge?",
      "a": "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."
    },
    {
      "q": "Where is Westmount Partners, LLC located?",
      "a": "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)."
    },
    {
      "q": "Is Westmount Partners, LLC registered with the SEC or a state?",
      "a": "Westmount Partners, LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 158857."
    },
    {
      "q": "How much does Westmount Partners, LLC manage?",
      "a": "Westmount Partners, LLC reports $5,938,136,974 in regulatory assets under management in its Form ADV filing dated May 15, 2026 (99% discretionary)."
    },
    {
      "q": "How have Westmount Partners, LLC's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Westmount Partners, LLC serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Westmount Partners, LLC use?",
      "a": "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."
    },
    {
      "q": "Does Westmount Partners, 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/158857"
    },
    {
      "q": "What changed in Westmount Partners, LLC's recent Form ADV filings?",
      "a": "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."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 3118536481.0,
      "total_employees": 33,
      "filing_date": "2021-03-22"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 3837485441.0,
      "total_employees": 33,
      "filing_date": "2022-03-24"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 3565626032.0,
      "total_employees": 39,
      "filing_date": "2023-10-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 4259362338.0,
      "total_employees": 39,
      "filing_date": "2024-02-09"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 5202679011.0,
      "total_employees": 39,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 5938136974.0,
      "total_employees": 39,
      "filing_date": "2026-05-15"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $5,202,679,011 to $6,515,128,435 (+25%).",
        "Registered or notice-filed in NC."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in GA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated May 15, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $10,000,000",
        "rate": "1%"
      },
      {
        "band": "$10,000,000 to $20,000,000",
        "rate": "0.75%"
      },
      {
        "band": "$20,000,000 to $50,000,000",
        "rate": "0.5%"
      },
      {
        "band": "Above $50,000,000",
        "rate": "0.25%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "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"
        ],
        "quotes": [
          "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"
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 10000000.0,
          "rate_pct": 1.0
        },
        {
          "min": 10000000.0,
          "max": 20000000.0,
          "rate_pct": 0.75
        },
        {
          "min": 20000000.0,
          "max": 50000000.0,
          "rate_pct": 0.5
        },
        {
          "min": 50000000.0,
          "max": null,
          "rate_pct": 0.25
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "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"
    ],
    "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
    }
  ],
  "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/westmount-partners-llc-los-angeles-ca-158857.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 571,
      "fewer_than_5": false,
      "raum": 302998911.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 847,
      "fewer_than_5": false,
      "raum": 5098766085.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 111884667.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 23,
      "fewer_than_5": false,
      "raum": 318356572.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 16,
      "fewer_than_5": false,
      "raum": 106130739.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/158857",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}