Westmount Asset Management
2049 Century Park East Suite 2500
Los Angeles, CA 90067
No. advisers: 30
|Financial planning clients||251-500|
|High-net-worth client assets||More than 75%|
|Percentage of assets under management||Yes|
|Total AUM||Total Accounts||Avg. Account AUM|
February 6, 2018 - Temperance Partners, a Canadian private-equity firm, has purchased a minority stake in Westmount Asset Management from Rosemont Investment Partners. Terms of the deal were not announced. Westmount, which manages more than $2.8 billion, is one of the oldest...
September 28, 2015 - One of the least understood rules for claiming Social Security benefits pertains to the rights of divorced spouses. A recent joint study conducted for the AARP and the Financial Planning Association found that only 26% of married or previously married...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
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*Methodology:InvestmentNews qualified 2,206 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of May 1, 2019. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2018, (2) total AUM is at least $100M, (3) does not have employees who are registered representatives of a broker-dealer, (4) provided investment advisory services to clients during its most recently completed fiscal year, (5) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) not one who is an insurance company or agency.