Finding a Top Financial Advisor Firm in Westlake Village, California
Finding the right financial advisor for you and your family isn’t always easy. If you're looking for an advisor in Westlake Village, California, our list of the city's top financial advisor firms can make your search much more simple. Below you’ll find a breakdown of each firm, with information detailing their account minimums, fee schedules, typical clientele and more. You can also use SmartAsset’s financial advisor matching tool to get connected with up to three financial advisors who serve your area.
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|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||One Capital Management, LLC Find an Advisor||$4,452,280,285||$500,000|| || |
|2||Manchester Financial, Inc. Find an Advisor||$884,626,291||$500,000|| || |
|3||The Wealth Collaborative, Inc. Find an Advisor||$760,455,683||Varies based on account size|| || |
Minimum AssetsVaries based on account size
|4||NBS Financial Services, Inc. Find an Advisor||$268,210,769||No set account minimum|| || |
Minimum AssetsNo set account minimum
|5||Zephyr Wealth Management Find an Advisor||$310,080,248||$200,000|| || |
|6||Fischer Investment Strategies, LLC Find an Advisor||$179,581,475||$100,000|| || |
|7||Summit Financial Consultants, Inc. Find an Advisor||$264,490,873||No set account minimum|| || |
Minimum AssetsNo set account minimum
|8||Village Wealth Advisors Find an Advisor||$126,330,421||No set account minimum|| || |
Minimum AssetsNo set account minimum
|9||Sherwood Financial Partners, LLC Find an Advisor||$126,845,675||$1,500,000|| || |
What We Use in Our Methodology
To find the top financial advisors in Westlake Village, we first identified all firms registered with the SEC in the city. Next, we filtered out firms that don't offer financial planning services, those that don't serve primarily individual clients and those that have disclosures on their record. The qualifying firms were then ranked according to the following criteria:
- AUMFirms with more total assets under management are ranked higher.
- Individual Client CountFirms who serve more individual clients (as opposed to institutional clients) are ranked higher.
- Clients Per AdvisorFirms with a lower ratio of clients per financial advisor are ranked higher.
- Age of FirmFirms that have been in business longer are ranked higher.
All information is obtained through public records and is updated annually after the firms’ form ADV filing. This list may include firms that have a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. Such relationships have no impact on our rankings, and firms are included and ranked based strictly on the above criteria. SmartAsset is not a client of the aforementioned firms, and did not receive compensation for including any of the firms on the aforementioned list.
One Capital Management
The top firm on our Westlake Village list is One Capital Management. Most of the firm’s individual clients do not have a high net worth, though many do. Institutional clients that the firm works with include pension and profit-sharing plans, charitable organizations, other investment advisors, investment companies, corporations and pooled investment vehicles.
The team of advisors at this firm includes several chartered financial analysts (CFAs). There is a minimum investment of $500,000 required to open an account here, though this requirement is waivable. Fees for wealth management are based on a percentage of assets under management, while financial planning has flat fees.
This is a fee-based firm and some advisors at the firm earn commissions for selling financial products. This is a potential conflict of interest, but the firm is still required to act in the best interests of its clients.
One Capital Management Background
One Capital Management was founded in 2001 by managing director Donald H. McDonald, who still works at the firm today. It is indirectly owned by a parent company called OCM Holdings, LLP.
Services offered by the firm include wealth management, wealth planning, sub-advisory services, retirement plan solutions, family office services, advisor consulting services and more.
One Capital Management Investment Strategy
Advisors at One Capital Management blend the active management of global, large-cap equities with investing in exchange-traded funds (ETFs) and fixed-income securities. This means that they will actively select stocks for you to invest in from around the world, while also putting some of your money into managed funds and bonds. The firm may also invest in emerging market stocks and real estate investment trusts (REITs). This diversification protects against volatility and ensures that your returns aren't tied too closely to a single area of the market.
Manchester Financial has a client base comprised mostly of individuals, a minority of which are above the high-net-worth threshold. The firm specializes in working with retirees, corporate employees, business owners, families and women in financial transition, according to its website. MFI also works with a group of pension and profit-sharing plans, as well as businesses.
To become a client of Manchester Financial, you'll need at least $500,000 in investable assets. However, under certain circumstances, the firm may waive this requirement.
This is a fee-based firm, meaning some advisors are also insurance agents and may earn commissions for sales. This causes a potential conflict of interest, but the firm's fiduciary duty still requires it to act in clients' best interests.
Manchester Financial Background
Manchester Financial was founded in 1990, making it one of the oldest firms on this list. It is owned by founder Robert Katch, who also serves as the firm’s president and chief investment officer (CIO). The firm employs advisors with certifications such as certified financial planner (CFP) and certified divorce financial analyst (CDFA).
MFI’s services include financial planning, portfolio management and consulting. Fees for portfolio management are based on a percentage of assets under management, while consulting fees are charged hourly. Performance-based fees may apply for certain investment offerings.
Manchester Financial Investment Strategy
Manchester Financial’s investment strategy is based on charting, technical, fundamental and cyclical analysis. The firm uses both long-term and short-term purchases, plus margin transactions. MFI tends to invest in mutual funds. Stocks, including those traded on exchanges and not, are also used to flesh out clients' portfolios.
The Wealth Collaborative
The Wealth Collaborative is a fee-only firm, meaning all of its compensation comes from client-paid fees. The firm's client base is made up mainly of high-net-worth and non-high-net-worth individuals, plus a single retirement plan.
Minimums at this firm vary depending on the level of service you're looking for. "Level 1" clients who receive only investment management services must have a minimum of $500,000. "Level 2" services, which include asset management and cash flow planning, call for $1 million minimum investment. Lastly, "Level 3" requires a $2 million investment for services like asset management and integrated, holistic wealth planning.
The Wealth Collaborative Background
The Wealth Collaborative was established in 2007. It is owned by firm president Jeffrey Wheeler, who has about 40 years of experience in the financial services industry.
Services offered to clients include: investment management, wealth planning, portfolio analysis, budgeting, cash flow planning, retirement planning and estate planning.
The Wealth Collaborative Investment Strategy
The strategies used by The Wealth Collaborative's advisors will vary based on how much you invest and what services you are using. Generally, though, a mix of mutual funds, stocks, bonds, commercial paper, bonds and certificates of deposit will be used to create a diverse portfolio.
NBS Financial Services
As a fee-only firm, NBS Financial Services is compensated solely through client-paid fees, meaning it and its advisors do not receive third-party commissions for the sale of financial products. About a third of its individual clients have a high net worth. Institutional clients of NBS include pension and profit-sharing plans, charitable organizations and businesses.
Although there is no specific minimum investment requirement at this firm, NBS recommends that prospective clients have at least $250,000 in investable assets. There is no set or recommended minimum for clients who only utilize the firm's financial planning services.
NBS Financial Services Background
As one of the oldest firms on this list, NBS Financial Services first opened in 1984. It is owned by Joseph “Geordie” Crossan, who is also the firm’s president. The team here includes certifications such as certified financial planner (CFP) and certified public accountant (CPA), among others.
Services offered to clients include asset management, financial planning, risk management, retirement planning, asset allocation planning and tax planning.
NBS Financial Services Investment Strategy
Advisors at NBS Financial Services looks to balance “growth” and “value” when building portfolios. The average portfolio turnover each year is relatively low, as long-term purchases are generally the preferred mode of investment. The firm looks to tailor its investment strategies to the needs of clients.
Zephyr Wealth Management
Zephyr Wealth Management is the next firm up on our list. This firm works mainly with individual clients. Of these individuals, the majority do not have a high net worth, though there are a handful of high-net-worth individual clients as well. When it comes to institutional clients, the firm works with several retirement plans.
You'll need at least $200,000 in investable assets to work with Zephyr, though it may be willing to waive this requirement. It is also a fee-based firm, since some advisors may receive commissions from the sale of financial products to clients. This is a potential conflict of interest, but the firm is still a fiduciary. This makes it legally obligated to act in the best interests of clients at all times.
Zephyr Wealth Management Background
Zephyr Wealth Management was founded in 1997, making it one of the older firms on our list. After being registered only at the state level for several years, the firm became an SEC-registered investment advisor in 2020. Cheryl Munoz is the firm's president and chief compliance officer. She has been with the firm since 1997 and purchased it in 2013, making her the current owner.
Zephyr provides clients with a variety of services, such as investment management, business cycle asset management and financial planning services. Most assets are not managed on a discretionary basis.
Zephyr Wealth Management Investment Strategy
Zephyr Wealth Management looks to tailor its investment management services to the needs of its clients. Advisors meet with clients to determine their overall financial situations, including such information as a client's individual tolerance for risk, time horizon, liquidity needs and more.
Advisors at Zephyr provide ongoing and continuous services, and may use a variety of investment securities to do so. They use fundamentla and technical analysis to inform investment decisions.
Fischer Investment Strategies
Fischer Investment Strategies almost only works with individual clients. Within this group, the firm works mostly with non-high-net-worth individuals. To become a client, you'll need at least $100,000 in investable assets, though this minimum is negotiable. Written financial plans come with a $500 minimum fee.
The primary service at this firm is asset management, which involves the creation and supervision of client investment portfolios. Financial planning services can involve a number of topics, including retirement planning, charitable gift planning, corporate and personal tax planning, real estate analysis, insurance analysis, education fund planning, mortgage and debt analysis and more.
This is a fee-only firm. As a result, all of its compensation comes from client-paid fees rather than third-party commissions for things like insurance product sales.
Fischer Investment Strategies Background
Fischer Investment Strategies has been in business since 2011, making it one of the younger firms on this list. It was founded by firm president Ted Fischer, who has been working in the financial services industry since 1994. Fischer is also a certified financial planner (CFP), accredited investment fiduciary (AIF) and qualified plan financial consultant (QPFC).
Fischer Investment Strategies Investing Philosophy
When creating an investment portfolio for clients, Fischer Investment Strategies makes sure to take into account their personal needs and objectives. More specifically, the firm will focus on your risk tolerance, financial goals, time horizon, income needs, liquidity needs and investment preferences.
In general, Fischer tends to invest in individual stocks, individual bonds, mutual funds and exchange-traded funds (ETFs). On occasion, the firm may also invest in options if you request it. As your portfolio ages, the firm will perform regular supervision and rebalances to ensure your needs are still being met.
Summit Financial Consultants
For the most part, Summit Financial Consultants is an individual-centric firm. In fact, almost all of the firm's client base is made up of high-net-worth and non-high-net-worth individuals. Even still, the firm maintains advisory relationships with a few retirement plans, businesses and charitable organizations.
For its investment services, Summit has no minimum account size, though there is a minimum annual fee of $1,000. Financial planning and consulting services are not subject to any minimum requirements.
Certain advisors at this fee-based firm may earn commissions from selling securities or insurance products to clients. While this is a potential conflict of interest, the firm is legally bound to act in your best interest at all times.
Summit Financial Consultants Background
Summit Financial Consultants was founded in 1998 and is owned by partners and co-CEOs Neil Elmouchi and Kimberly Lau. Working at this firm are advisors with such certifications as chartered life underwriter (CLU), chartered financial consultant (ChFC), accredited investment fiduciary (AIF) and more.
Services offered by the firm include asset management, financial planning, budgeting, insurance planning, retirement planning, college funding, inheritances, estate planning and divorce planning.
Summit Financial Consultants Investment Strategy
Summit Financial Consultants thinks about the long term, but first looks at short term cash needs. Advisors also aim to tailor investment strategies to the financial situations and investment objectives of clients. The firm uses various analytical methods to find securities to invest in, with potential investments including:
- Mutual funds
- Index funds
- Exchange-traded funds (ETFs)
- Alternative investments
- Real estate investment trusts (REITs)
- Mortgage-backed securities
Village Wealth Advisors
Village Wealth Advisors is a fee-only advisory firm, meaning its compensation model doesn't include any sales commissions for the firm or its advisors. The firm primarily serves individuals, with a nearly even split between those with and without a high net worth. Its very few institutional clients include retirement plan sponsors and businesses.
There is no set account minimum for new clients of Village Wealth. The firm's team of advisors bosts two certified financial planner (CFP) designations.
Village Wealth Advisors Background
Village Wealth Advisors is a fairly young firm, as it was established in 2018. The firm is owned by Nayivi Velez who has nearly 20 years of experience in financial services. The rest of the firm's advisory team boasts nearly 40 years of combined experience.
Services at Village Wealth are designed around investing and financial planning. The latter can cover topics like insurance planning, tax planning, financial goal identification, charitable gift planning, estate planning, cash flow analysis, retirement planning and more.
Village Wealth Advisors Investing Strategy
Village Wealth Advisors works with clients to determine what kind of investor they are before actually placing any of their money in the market. This customized approach begins with a one-on-one conversation between the client and their advisor. This discussion will bring to light things like their risk tolerance, time horizon, income and liquidity needs and more.
Sherwood Financial Partners
Sherwood Financial Partners works with all but one individual client. Of these individuals, there is a nearly equal amount of those with and without a high net worth. Despite this, the firm has a high $1.5 million minimum account size. However, under the right circumstances, the firm may be willing to waive this stipulation.
Sherwood is also a fee-only firm. That means all of its compensation comes from the fees that its clients pay, and not third-party commissions.
Sherwood Financial Partners Background
Sherwood Financial Partners is the youngest firm on this list, having been founded in just 2019. Matthew Davis is the principal owner of Sherwood, though it has two co-founders in Davis and Hannah Boundy.
Financial planning is the central service available at this firm. In fact, it views investment management as a part of your overall financial plan. Other financial planning topics it handles include tax minimization, cash flow mangement, education fund planning, retirement planning and more.
Sherwood Financial Partners Investing Strategy
Sherwood Financial Partners works with each client to build what's called an investment policy statement, or IPS. This document will detail what type of investor you are, as well as what the plan for your portfolio is. More specifically, it will describe your overall risk tolerance, time horizon, income needs, long-term financial goals and any other applicable factors.
Generally speaking, the firm follows modern portfolio theory, which is a popular investment philosophy in today's day and age. This focuses on maximizing returns for a given risk tolerance or aversion level.