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Top 10 Financial Advisors in Pasadena, CA

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Finding a Top Financial Advisor Firm in Pasadena, California

Choosing a financial advisor just got a lot easier. To help you make this important decision, we collected a number of factors you should consider - fundamentals such as assets under management (AUM), fees and investment strategy. Then we put all the info together, here, for convenient comparing and contrasting. Start your search with this list of the top financial advisor firms in Pasadena, CA. Then use SmartAsset’s free financial advisor matching tool to personalize your search.

Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 Clifford Swan Investment Counselors Clifford Swan Investment Counselors logo Find an Advisor

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$ 2,775,882,989 $1,000,000
  • Financial planning
  • Portfolio management
  • Selection of other advisers (including private fund managers)
  • Publication of periodicals or newsletters

Minimum Assets

$1,000,000

Financial Services

  • Financial planning
  • Portfolio management
  • Selection of other advisers (including private fund managers)
  • Publication of periodicals or newsletters
2 Gamble Jones Investment Counsel Gamble Jones Investment Counsel logo Find an Advisor

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$ 1,275,052,553 $500,000

Financial planning

Portfolio management

Minimum Assets

$500,000

Financial Services

Financial planning

Portfolio management

3 Schnieders Capital Management, LLC Schnieders Capital Management, LLC logo Find an Advisor

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$ 734,737,413 $250,000
  • Financial planning
  • Portfolio management

Minimum Assets

$250,000

Financial Services

  • Financial planning
  • Portfolio management
4 Penniall & Associates Penniall & Associates logo Find an Advisor

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$ 420,625,476
  • Financial planning
  • Portfoliio management

Minimum Assets

Financial Services

  • Financial planning
  • Portfoliio management
5 Pasadena Private Wealth, LLC Pasadena Private Wealth, LLC logo Find an Advisor

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$ 349,627,120
  • Financial planning
  • Portfolio management
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • Publication of periodicals or newsletters
  • Educational seminars/workshops

Minimum Assets

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • Publication of periodicals or newsletters
  • Educational seminars/workshops
6 The Sterling Group The Sterling Group logo Find an Advisor

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$ 345,768,115 $5,000
  • Financial planning
  • Portfolio management
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • Educational seminars/workshops

Minimum Assets

$5,000

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • Educational seminars/workshops
7 Wimmer Associates LLC Wimmer Associates LLC logo Find an Advisor

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$ 294,286,000 $750,000
  • Financial planning
  • Portfolio management
  • Publication of periodicals or newsletters

Minimum Assets

$750,000

Financial Services

  • Financial planning
  • Portfolio management
  • Publication of periodicals or newsletters
8 Osher Van De Voorde Investment Management Osher Van De Voorde Investment Management logo Find an Advisor

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$ 291,200,000 1,000,000
  • Financial planning
  • Portfolio management

Minimum Assets

1,000,000

Financial Services

  • Financial planning
  • Portfolio management
9 Kondo Wealth Advisors, Inc Kondo Wealth Advisors, Inc logo Find an Advisor

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$ 163,038,497 $25,000
  • Financial planning
  • Portfolio management
  • Institutional Intelligent Portfolios (robo-services)

Minimum Assets

$25,000

Financial Services

  • Financial planning
  • Portfolio management
  • Institutional Intelligent Portfolios (robo-services)
10 Holly Street Wealth Advisors Holly Street Wealth Advisors logo Find an Advisor

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$ 144,742,000 No minimum
  • Financial planning
  • Portfolio management
  • Selection of other advisers (including private fund managers)

Minimum Assets

No minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Selection of other advisers (including private fund managers)

How We Found the Top Financial Advisor Firms in Pasadena, California

For this list, we only considered financial advisor firms in Pasadena that are registered fiduciaries with the U.S. Securities and Exchange Commission (SEC). We removed from consideration any advisory practices that have had a disclosure or disciplinary issue within the last 10 years or whose individual accounts make up less than half of their client base. The top 10 firms are listed here, sorted by AUM, from highest to lowest.

Clifford Swan Investment Counselors

Clifford Swan Investment Counselors

At the top of our list, Clifford Swan Investment Counselors is the biggest firm, with almost $2.8 billion in assets under management - and the oldest. Counting the founding of its forerunner (by A.M. Clifford), Clifford Swan has been in business since 1915. Today, the team of 12 advisors includes eight chartered financial analysts (CFAs), two certified financial planners (CFPs), one certified public accountant (CPA), one chartered investment counselor (CIC) and one California licensed professional fiduciary (CLPF). (Advisors may have multiple professional accreditations.)

Clifford Swan’s high-net-worth clients outnumber its non-high-net-worth ones almost two to one (470 to 243). That said, the minimum investment is $1,000,000, though it may be waived. The firm also serves charitable institutions, foundations, endowments, private corporate pension and profit-sharing plans, and other corporations and businesses. The vast majority of accounts are on a discretionary basis, which means clients authorize the firm to place trades without prior approval.

Clifford Swan Investment Counselors Background

The Swan in the firm name comes from Phillip Swan, a Clifford employee who founded his own firm in 1984. In 2007, a later version of the Swan firm joined with Clifford’s practice to form today’s incarnation, which its employees wholly own. 

Clifford was a pioneer in independent, fixed-fee financial counseling. Today, the firm’s investment advisory services are still on a fee basis. That said, advisors who are also registered representatives of a broker-dealer may receive sales commissions in their other capacities. 

Clifford Swan offers investment management, financial planning, family wealth services (including strategies for family governance, financial education and philanthropy) and administrative services for charitable institutions, charitable remainder trusts and more.

Clifford Swan Investment Counselors Investment Strategy

Using fundamental analysis, Clifford Swan focuses its equity investing on “individual companies with businesses offering the greatest opportunity for real growth in cash flow and consistent earnings that are insulated from the business cycle,” which are usually large-cap companies. When it comes to bonds, the firm primarily considers intermediate-term fixed-income issues. It may also invest in mutual funds or exchange-traded funds (ETFs). 

As of its most recent SEC filings, assets under Clifford Swan’s management were allocated as:

  • 58% in exchange-traded equity securities (like common stocks)
  • 14% in securities issued by registered investment companies (RICs) or business development companies (BDCs)
  • 9% in cash and cash equivalents
  • 9% in state and local bonds
  • 6% in U.S. government and agency bonds
  • 2% in investment-grade corporate bonds
  • 2% in securities Issued by pooled investment vehicles (other than RICs or BDCs)

Gamble Jones Investment Counsel

Gamble Jones Investment Counsel

Led by President Alison Gamble and Chairman Thomas Jones, Gamble Jones Investment Counsel manages almost $1.3 billion in assets. The fee-only firm has 13 advisors, who include three chartered financial analysts (CFAs), one certified financial planner (CFP) and one certified public accountant (CPA).

Depending on the investment program, the minimum account size is either $500,000 or $1,000,000. Most accounts are on a discretionary basis, and all individual clients are high net worth. The firm also serves family groups, foundations, endowment funds, trusts and pension and profit-sharing plans. 

Gamble Jones Investment Counsel Background

The firm’s beginnings go back to 1956, when Jim Gamble, a great-grandson of the man who started Proctor and Gamble, founded an investment advisory firm. Jim Gamble’s vision combined social responsibility with financial services. Today, his descendent, Alison Gamble continues in his shoes. The firm is owned entirely by current employees. 

Gamble Jones offers traditional portfolio management, where portfolios are customized to the client’s goals and profile. For this, the minimum investment is $1,000,000. Through its division Gamble Jones Management, the firm also offers four investment models designed to meet set investment objectives: focused equity, growth, equity income and balanced.

Gamble Jones Investment Counsel Investment Strategy

With its customized portfolios, the firm primarily take a long-term investment approach, using fundamental analysis to choose securities. It also builds fixed income ladders. With its portfolio models, the firm mainly engages in active trading of large-cap common stocks.

According to the most recent SEC data, assets under Gamble Jones’ management were allocated mostly (80%) in exchange-traded equity securities. The rest was invested in cash and cash equivalents (12%) and U.S. government and agency bonds (8%).  

Schnieders Capital Management, LLC

Schnieders Capital Management, LLC

Schnieders Capital Management (SCM) is a family firm with three Schniederses making up the advisory team. The practice manages more than $734.7 million in assets.  

The practice serves more than twice as many people who are not high net worth as people who are (187 to 77). But as is often the case, the latter’s assets are far greater ($609 million to $86 million). SCM also counts pension and profit-sharing plans, charitable organizations and corporations as clients. The minimum investment is $250,000, and accounts can be on a discretionary or non-discretionary basis.

Schnieders Capital Management Background

Father-son duo Bill and Jim founded the firm in 2002. Bill has worked at Dean Witter, Smith Barney and Paine Webber, while Jim, a chartered financial analyst (CFA), put in nine years at institutional investor William O’Neil + Co. They, along with John Schnieders, a CFA and certified financial planner (CFP), own the firm. Long-time employee Sue Bryant has a small stake.

Portfolio management services are on a fee basis, but advisors may be brokers who receive commissions on securities sales in their other capacities. 

Schnieders Capital Management Investment Strategy

Primarily, SCM has a long-term approach to investing, but may recommend trading (securities are sold within 30 days), short sales, margin transactions or option writing. In constructing client portfolios, the firm may use individual equities; no-load, load-waived and front-load mutual funds; exchange-traded funds (ETFs); municipal and corporate bonds; Treasury obligations; and other yield-oriented investments, such as preferred stocks, both straight and convertible, master limited partnerships and real estate investment trusts (REITs).

According to its most recent SEC filings, assets under the firm’s management were invested as:

  • 82% in exchange-traded equity securities (like common stocks)
  • 9% in cash and cash equivalents
  • 7% in investment-grade corporate bonds 
  • 2% in non-investment-grade corporate bonds 

Penniall & Associates

Penniall & Associates

With its main office in Pasadena and two more in the state, Penniall & Associates manages more than $420.6 million in assets. The whole team includes four certified financial planners (CFPs), two accredited investment fiduciaries (AIFs), one global finance steward (GFS), one board certified asset allocation designee (BCAA) and one registered paraplanner (RP). (Advisors may hold multiple certifications.)

Penniall & Associates does not list a minimum investment requirement. Its non-high-net-worth clients outnumber its high-net-worth-ones almost 3 to 1 (528 to 185), though, as is often the case, the latter’s assets are far greater. The firm also serves trustee-directed-pension and profit- sharing plans, trusts, estates, charitable organizations, corporations and other business entities. Accounts are managed on a discretionary or non-discretionary basis.

Penniall & Associates Background

David Penniall founded the firm in 1997 and established it as a corporation in 2002. He is the CEO, president and majority owner. Chief Operating Officer Justin Dyer has a small stake.

Investment advisory services are on a fee basis, but advisors who are also brokers or licensed insurance agents may receive commissions in their other capacities. The firm offers financial consulting services, which includes tax planning and preparation, insurance analysis and risk management; asset management programs; and advisory services to retirement plans and plan participants. Its wrap fee program is no longer available to new clients.

Penniall & Associates Investment Strategy

The firm manages two investment programs, The Penniall Portfolios and The Legacy Portfolios. Both implement load-waived or no-load mutual funds and exchange-traded funds (ETFs) and are designed for varying risk tolerance levels (i.e., preservation of capital, conservative, moderate, growth and aggressive growth). 

As of its recent SEC filing, assets under its management were invested as:

  • 79% in securities issued by registered investment companies (such as mutual funds) or business development companies
  • 12% in exchange-traded equity securities (like common stocks)
  • 7% in annuities
  • 1% in U.S. government and agency bonds
  • 1% in cash and cash equivalents

Pasadena Private Wealth, LLC

Pasadena Private Wealth, LLC

Though in business since 2018, Pasadena Private Wealth (PPW) has more than $349.6 million in assets under management. Its team includes three chartered retirement planning counselors (CRPCs), two certified plan fiduciary advisors (CPFAs), two certified 401(k) professionals (C(k)Ps), one chartered global management accountant (CIMA), one chartered retirement plans professional specialist (CRPS) and one accredited investment fiduciary (AIF). (Advisors may have multiple professional accreditations.)

The firm has more than twice as many clients who are high net worth than those who aren’t. It also serves families, family offices, trusts, businesses, charitable foundations and retirement and profit-sharing plans. There is no published investment requirement and accounts can be on a discretionary or non-discretionary basis.

Pasadena Private Wealth Background

Iain Whyte, Simon Holford and Bryan Muth worked together for more than 15 years before starting PPW in 2018. They own the firm, while Chief Operations Officer Craig Colbath has a small stake.

Investment advisory services are on a fee basis, but advisors who are also brokers or licensed insurance agents may receive commission in their other capacities. In addition to portfolio management, the firm offers financial planning that can cover cash flow analysis, investment planning, retirement planning, estate planning, personal savings, educational savings, liability management, insurance assessment and more.

Pasadena Private Wealth Investment Strategy

In constructing client portfolios, PPW primarily uses fundamental analysis methods. It generally takes a long-term investment approach but may also make short-term purchases. It primarily allocates client assets among individual debt and equity securities, options, mutual funds and exchange-traded funds (ETFs). In some circumstances, it may recommend unaffiliated money managers or investment platforms.

According to its recent SEC filings, assets under the firm’s management were invested as: 

  • 73% in exchange-traded equity securities (like common stocks)
  • 14% in securities issued by registered investment companies (such as mutual funds) or business development companies 
  • 6% in cash and cash equivalents
  • 5% in annuities, options, certificates of deposit (CDs), retirement funds and corporate and treasury bonds 
  • 2% in state and local bonds

The Sterling Group

The Sterling Group

The Sterling Group has nearly $345.8 million in assets under management, mostly on a discretionary basis. The team includes one chartered financial consultant (ChFC) and on certified financial planner (CFP).

Non-high-net-worth clients outnumber the high-net-worth ones almost three to one (279 to 109). The firm also serves trusts, estates, charitable organizations, pension and profit-sharing plans and businesses. Minimum account size depends on the investment program. While customized portfolios require at least $500,000, Technology Enhanced Asset Management (TEAM) accounts require only $5,000. Accounts through the LPL program start at $25,000. 

The Sterling Group Background

In business since 1990, The Sterling Group merged with another firm in 2000, and is currently owned by C. Hunt Salambier and Michael Hatch. Salmabier still works as a financial advisor at the firm.

Investment advisory services are on a fee basis, but advisors who are also registered representatives of broker-dealers or licensed insurance agents may receive commissions in their other capacities. In addition to its portfolio management programs, the firm offers financial planning and consulting that can cover investment planning, retirement planning, estate planning, charitable planning, education funding, corporate and personal tax planning, insurance analysis and more. The Sterling Group also offers a wrap fee program, where transaction and other costs are included in one fee. 

The Sterling Group Investment Strategy

The Sterling Group believes, as it notes, that “over the long term, a consistent strategy that is meticulously followed will provide the best opportunity for the best return.” When constructing portfolios, it uses stocks, options, fixed income securities, mutual funds, real estate investment trusts, exchange-traded funds (ETFs). In certain situations, it may turn to hedge funds, high yield debt, managed futures and other more complex or specialized instruments. 

According to recent SEC data, assets under the group’s management were allocated as:

  • 84% in securities issued by registered investment companies (such as mutual funds) or business development companies 
  • 12% in exchange-traded equity securities (like common stocks)
  • 3% in cash and cash equivalents
  • 1% in investment-grade corporate bonds

Wimmer Associates LLC

Wimmer Associates LLC

With two Wimmers on board, Wimmer Associates is a family shop. Its team of four advisors manages almost $294.3 million in assets, mostly on a discretionary basis. The firm requires that advisors have a master’s degree, chartered financial analyst (CFA) designation or many years of portfolio management experience. In all, the team includes three CFAs, one chartered investment counselor (CIC) and one certified public accountant (CPA).

At this boutique wealth manager, high-net-worth clients outnumber non-high-net-worth ones 80 to 53. Wimmer Associates also serves trusts, estates, family groups and other entities. It is fee-only and requires a minimum $750,000 investment.

Wimmer Associates Background

Katherine Wimmer and Warren Wimmer founded the firm in 2003. They own the firm, while VP of Operations Kathryn Kenney has a small stake.

The firm offers investment supervisory and management services.

Wimmer Associates Investment Strategy

Using a fundamental approach, the firm bases asset allocation in high-quality equity and fixed-income securities. It may also uses index funds and exchange-traded funds (ETFs). Its research is internally generated, though it does use some external research as well. It does not employ alternative investments, real property, illiquid limited partnerships, variable annuities or other insurance products. 

As of recent SEC filings, assets under the firm’s management were allocated as:

  • 42% in exchange-traded equity securities (like common stocks)
  • 22% in securities issued by registered investment companies (such as mutual funds) or business development companies 
  • 14% in cash and cash equivalents
  • 12% in investment-grade corporate bonds
  • 7% in state and local bonds
  • 3% in U.S. government and agency bonds

Osher Van de Voorde Investment Management

Osher Van De Voorde Investment Management

Founded in 1993, Osher Van de Voorde Investment Management (OVIM)) oversees more than $291.2 million in assets on a discretionary basis only. The fee-only boutique firm serves almost twice as many high-net-worth investors as non-high-net-worth. It also counts family trusts and foundations, endowment funds, charitable remainder trusts, pension and profit-sharing plans, corporations and other retirement plans as clients.

The minimum to open an account is $1,000,000, though the firm may waive it in certain circumstances.

Osher Van de Voorde Investment Management Background

As the practice’s name suggests, it was founded by Robert Osher and James Van de Voorde. As of the end of 2018, Van de Voorde became its sole owner. Joining him in the small office is one certified financial planner (CFP) as well as an operations manager.

OVIM offers portfolio management and financial planning. The latter can cover estate planning, charitable planning, income and retirement planning, taxes, education funding, insurance and real estate. 

Osher Van de Voorde Investment Management Investment Strategy

Using both quantitative and qualitative or fundamental analysis, the firm focuses on growth and value investing. It describes its core equity investment strategy as "growth at a reasonable price" or "GARP.” Portfolios may consist of all equities, all fixed-income investments, or balanced accounts containing both equities and fixed-income. According to recent SEC data, assets under OVIM’s management were primarily (68%) invested in equities. The rest were in investment-grade corporate bonds (20%) and cash and cash equivalents (12%).

Kondo Wealth Advisors, Inc

Kondo Wealth Advisors, Inc

In business since 2001, Kondo Wealth Advisors manages more than $163 million in assets. Its team includes two chartered life underwriters (CLUs), one certified public accountant (CPA), one certified financial planner (CFP) and one registered paraplanner (RP). (Advisors may have multiple professional accreditations.)

Kondo Wealth’s clientele is mostly not high net worth. It also serves trusts, estates, charitable organizations, corporations and other business entities. Account minimums vary, depending on the investment program. For customized portfolios, the firm requires $500,000, but for portfolio management services through Schwab’s Institutional Intelligent Portfolios, the minimum is $25,000.

The firm recently announced that it will accept new investments on a discretionary basis only. Asset management services are on a fee basis, but advisors who are also brokers or licensed insurance agents may receive commissions in their other capacities.

Kondo Wealth Advisors Background

Alan Kondo founded the firm in 2001. He still serves as president, but his daughter Akemi Kondo Dalvi now owns the firm and is its CEO.

In addition to investment management services, Kondo Wealth also offer financial planning and consulting. It can advise on investment planning, retirement planning, estate planning, charitable planning, education funding, taxes, insurance analysis and business planning. 

Kondo Wealth Advisors Investment Strategy

As part of its securities selection process, the firm uses charting, fundamental, technical and cyclical analyses. While customized portfolios may consist of individual stocks, bonds, exchange-traded funds (ETFs), options, mutual funds and other public and private securities or investments, portfolios through Schwab’s robo-advisor platform may contain mutual funds, ETFs and cash allocations. 

According to recent SEC data, assets under Kondo Wealth’s management were primarily (83%) invested in securities issued by registered investment companies (such as mutual funds) or business development companies. The rest was allocated to exchange-traded equity securities (14%) and cash and cash equivalents (3%).

Holly Street Wealth Advisors

Holly Street Wealth Advisors

Last but not least on our list. Holly Street Wealth Advisors manages more than $144.7 million in assets on a mostly discretionary basis. Its team of nine advisors includes one chartered global management accountant (CIMA), one chartered market technician (CMT) and one chartered financial analyst (CFA).

With no minimum investment requirement, the firm has far more clients who are not high net worth than those who are (180 to 34), though the latter’s assets are more than triple the former’s. Holly Street also serves pension and profit-sharing plans, trusts, estates, charitable organizations, corporations and other business entities.

Holly Street Wealth Advisors Background

Thomas Hulick founded Holly Street Wealth Advisors in 2013. He’s also the founder of Hulick Capital Management, LLC, which is Holly Street’s parent company. The firm has a number of minority owners, many of whom are on its advisory board.

Investment management services are on a fee basis, but advisors who are also brokers or licensed insurance agents may receive commissions in their other capacities. Its financial planning or consulting services may cover investment planning, retirement planning, estate planning, charitable planning, education funding, taxes, real estate analysis, insurance analysis and more. 

Holly Street Wealth Advisors Investment Strategy

Holly Street’s methodology includes fundamental and technical analyses. In constructing portfolios, the firm may use exchange-traded funds (ETFs), mutual funds, individual bonds, alternative investments, covered calls and other securities as well as independent money managers. Holly Street may make long-term or short-term purchases.

According to its SEC filings, assets under the practice’s management were allocated as:

  • 48% in exchange-traded equity securities (like common stocks)
  • 28% in securities issued by registered investment companies (such as mutual funds) or business development companies
  • 11% in cash and cash equivalents
  • 8% in non-exchange-traded equity securities
  • 4% in state and local bonds
  • 1% in U.S. government and agency bonds

How Many Years $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about cost of living in retirement there.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology SmartAsset calculated the average cost of living for retirees in the largest U.S. cities. Using that calculation, we determined how many years $1 million would last in retirement in each major city.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors throughout the country. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%, reflecting the typical return on a conservative investment portfolio. Finally, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would last in each of the cities in our study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research