{
  "crd_number": 306299,
  "slug": "woodward-diversified-capital-llc-bakersfield-ca-306299",
  "primary_business_name": "WOODWARD DIVERSIFIED CAPITAL, LLC",
  "legal_name": "WOODWARD DIVERSIFIED CAPITAL, LLC",
  "dbas": [],
  "city": "Bakersfield",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "12540",
  "metro": {
    "cbsa_code": "12540",
    "common_name": "Bakersfield",
    "msa_name": "Bakersfield-Delano, CA",
    "path": "/advisors/ca/bakersfield"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-12-05",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-09-22",
  "carried_forward": false,
  "raum_total": 609728872.0,
  "raum_discretionary": 609728872.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 6,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 5719062.0,
      "count": 9
    },
    "individuals": {
      "raum": 25481190.0,
      "count": 285
    },
    "pension_profit_sharing": {
      "raum": 20557287.0,
      "count": 22
    },
    "high_net_worth_individuals": {
      "raum": 331781690.0,
      "count": 111
    },
    "pooled_investment_vehicles": {
      "raum": 218344054.0,
      "count": 11
    },
    "corporations_other_businesses": {
      "raum": 7845589.0,
      "count": 13
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "TX"
  ],
  "websites": [
    "https://woodwarddiversifiedcapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/306299",
  "city_as_filed": "BAKERSFIELD",
  "url": "https://advisorcensus.com/firm/woodward-diversified-capital-llc-bakersfield-ca-306299",
  "display_name": "Woodward Diversified Capital, LLC",
  "summary": "Woodward Diversified Capital, LLC is an SEC-registered investment advisory firm in Bakersfield, CA, registered since 2019, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 22, 2026.",
  "citation": "AdvisorCensus. Woodward Diversified Capital, LLC (CRD 306299): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "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",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Woodward Diversified Capital, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Woodward Diversified Capital, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Where is Woodward Diversified Capital, LLC located?",
      "a": "Woodward Diversified Capital, LLC's principal office is in Bakersfield, CA, according to its Form ADV."
    },
    {
      "q": "Is Woodward Diversified Capital, LLC registered with the SEC or a state?",
      "a": "Woodward Diversified Capital, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 306299."
    },
    {
      "q": "How much does Woodward Diversified Capital, LLC manage?",
      "a": "Woodward Diversified Capital, LLC reports $609,728,872 in regulatory assets under management in its Form ADV filing dated September 22, 2026 (100% discretionary)."
    },
    {
      "q": "How have Woodward Diversified Capital, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Woodward Diversified Capital, LLC: Regulatory assets under management: $390,414,891 in the October 2021 data and $609,728,872 in the October 2026 data, up 56%. Total employees: 3 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Woodward Diversified Capital, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (285); high net worth individuals (111); pension and profit sharing plans (but not the plan participants or government pension plans) (22)."
    },
    {
      "q": "Which custodians does Woodward Diversified Capital, LLC use?",
      "a": "Woodward Diversified Capital, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Goldman Sachs Custody Solutions and Wells Fargo Clearing Services, LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Woodward Diversified Capital, 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/306299"
    },
    {
      "q": "Does Woodward Diversified Capital, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 19, 2026 says: \"Woodward Diversified Capital generally does not require a minimum initial investment for investment management services.\""
    },
    {
      "q": "What changed in Woodward Diversified Capital, LLC's recent Form ADV filings?",
      "a": "In the January 2026 filing data: No longer registered or notice-filed in LA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 390414891.0,
      "total_employees": 3,
      "filing_date": "2021-07-07"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 390586460.0,
      "total_employees": 3,
      "filing_date": "2022-09-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 476211594.0,
      "total_employees": 5,
      "filing_date": "2023-06-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 507517232.0,
      "total_employees": 5,
      "filing_date": "2024-03-13"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 570763917.0,
      "total_employees": 6,
      "filing_date": "2025-04-29"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 609728872.0,
      "total_employees": 6,
      "filing_date": "2026-09-22"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in LA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 19, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Woodward Diversified Capital generally does not require a minimum initial investment for investment management services."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Woodward Diversified Capital generally does not require a minimum initial investment for investment management services."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Goldman Sachs Custody Solutions",
      "name_as_filed": "GOLDMAN SACHS CUSTODY SOLUTIONS",
      "affiliated": false
    },
    {
      "name": "Wells Fargo Clearing Services, LLC",
      "name_as_filed": "WELLS FARGO CLEARING SERVICES, 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/woodward-diversified-capital-llc-bakersfield-ca-306299.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 285,
      "fewer_than_5": false,
      "raum": 25481190.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 111,
      "fewer_than_5": false,
      "raum": 331781690.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 11,
      "fewer_than_5": false,
      "raum": 218344054.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 22,
      "fewer_than_5": false,
      "raum": 20557287.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 9,
      "fewer_than_5": false,
      "raum": 5719062.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 13,
      "fewer_than_5": false,
      "raum": 7845589.0
    }
  ],
  "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/306299",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}