Los Angeles is home to some of the top investment advisory firms in the country. With a large population of high net worth individuals and businesses, LA has become a hub for wealth management and financial advisory services. Finding the right investment advisor can be challenging with so many options to choose from. This article will provide an overview of the top investment advisory firms in Los Angeles and what sets them apart. We’ll cover factors like assets under management, services offered, fees charged, and reputation when examining the leading investment advisors in LA. Understanding these key attributes can help investors make an informed decision when selecting an advisor to manage their wealth.
Growth of investment advisory industry in Los Angeles
Over the past decade, Los Angeles has seen tremendous growth in the investment advisory business. Firms like Creative Planning, Vernal Point Wealth Management, and Sullivan, Bruyette, Speros & Blayney have rapidly expanded their assets under management and team of advisors. Several factors have driven this expansion: – Influx of new wealth from tech, media, and other high-growth industries – Need for comprehensive wealth management amid market complexity – Desire for highly personalized service model among LA investors Many advisory firms have opened new offices across LA and Orange County to cater to this rising demand.
Largest investment advisors in Los Angeles by AUM
Some of the largest investment advisory firms in LA ranked by assets under management include: – Creative Planning – Over $110 billion AUM, one of the fastest growing RIAs in the US – First Foundation Advisors – Over $11 billion AUM, full service wealth management – Vernal Point Wealth Management – Nearly $7 billion AUM, independent RIA focused on individuals – Sullivan, Bruyette, Speros & Blayney – Over $6 billion AUM, employee-owned full service RIA – Constellation Wealth Advisors – Over $5.5 billion AUM, comprehensive wealth management
Top boutique investment advisors in Los Angeles
For high net worth investors looking for a more tailored, boutique level of service, some top advisors in LA include: – SandHill Global Advisors – Widely respected team focused on servicing tech entrepreneurs and executives – Ethic Inc. – Leading sustainable investing advisor, popular among younger investors – LifeManaged – Specialized services for business owners and real estate investors – Blueprint Financial Planning – Fee-only RIA catering to entertainment industry clients – Wetherby Asset Management – Boutique firm with in-depth expertise in serving high profile individuals
Attributes of leading investment advisors in Los Angeles
While each advisory firm in LA has unique strengths, many of the top performing ones share these attributes: – Holistic wealth management: Integrated services like tax planning, estate strategies, philanthropy – Use of alternative investments: Hedge funds, private equity, venture capital – Open architecture investment platform: Objective selection of investments – Fee-based model: Charging a fee on AUM versus commissions – Team-based structure: Access to experts across disciplines – Focus on client experience: Concierge-style highly personalized service
Choosing the right investment advisor in Los Angeles
With so many options, investors should carefully evaluate investment advisors in LA based on: – Suitability for individual needs: Area of expertise, services offered, clientele – Total costs: All-in fees charged and transparency of pricing – Track record: Returns delivered net of fees over the long run – Reputation: Regulatory record, longevity in business, client reviews – Compatibility: Comfort level with advisor, quality of communication
Los Angeles has emerged as a major hub for top investment advisory talent catering to every type of investor. When selecting an investment advisor in LA, understanding key factors like assets under management, areas of expertise, service model, costs, and reputation can help identify the firm that best aligns with an individual’s wealth management needs.