# Woodward Diversified Capital, LLC

> 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.

- CRD: 306299
- Filed as: WOODWARD DIVERSIFIED CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bakersfield, CA
- Filing period: October 2026
- Form ADV filing dated: September 22, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/306299
- AdvisorCensus page: https://advisorcensus.com/firm/woodward-diversified-capital-llc-bakersfield-ca-306299

## Quick answers

**How is Woodward Diversified Capital, LLC compensated?**
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.

**Where is Woodward Diversified Capital, LLC located?**
Woodward Diversified Capital, LLC's principal office is in Bakersfield, CA, according to its Form ADV.

**Is Woodward Diversified Capital, LLC registered with the SEC or a state?**
Woodward Diversified Capital, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 306299.

**How much does Woodward Diversified Capital, LLC manage?**
Woodward Diversified Capital, LLC reports $609,728,872 in regulatory assets under management in its Form ADV filing dated September 22, 2026 (100% discretionary).

**How have Woodward Diversified Capital, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Woodward Diversified Capital, LLC serve?**
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).

**Which custodians does Woodward Diversified Capital, LLC use?**
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.

**Does Woodward Diversified Capital, 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/306299

**Does Woodward Diversified Capital, LLC state an account minimum?**
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."

**What changed in Woodward Diversified Capital, LLC's recent Form ADV filings?**
In the January 2026 filing data: No longer registered or notice-filed in LA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 19, 2026)

- Account minimum: None

> Woodward Diversified Capital generally does not require a minimum initial investment for investment management services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Goldman Sachs Custody Solutions
- Wells Fargo Clearing Services, LLC

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: $609,728,872
- Discretionary: $609,728,872
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 285 | $25,481,190 |
| High net worth individuals | 111 | $331,781,690 |
| Pooled investment vehicles (other than investment companies and business development companies) | 11 | $218,344,054 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 22 | $20,557,287 |
| Charitable organizations | 9 | $5,719,062 |
| Corporations or other businesses not listed above | 13 | $7,845,589 |

### 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
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2019 (6 years)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $390,414,891 | 3 | July 7, 2021 |
| October 2022 | $390,586,460 | 3 | September 22, 2022 |
| October 2023 | $476,211,594 | 5 | June 3, 2023 |
| October 2024 | $507,517,232 | 5 | March 13, 2024 |
| October 2025 | $570,763,917 | 6 | April 29, 2025 |
| October 2026 | $609,728,872 | 6 | September 22, 2026 |

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.

## Changes in the filing (last 12 months)

### January 2026
- No longer registered or notice-filed in LA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Woodward Diversified Capital, LLC (CRD 306299): Form ADV filing data as of October 2026.