Angeles Wealth Management provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 51–100 clients last fiscal year.
Angeles Wealth Management reports 212 clients. They include 203 high-net-worth individuals, 7 corporations and other businesses, and 2 charitable organizations. Of its assets, 97.1% ($2.73B across 188 accounts) are managed with discretion; $82.7M across 24 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 96% | 88% |
| Charitable organizations | <1% | 2% |
| Corporations and other businesses | 3% | 10% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 203 | $2.47B | 87.8% | $12.2M |
| Charitable organizations | 2 | $60.2M | 2.1% | $30.1M |
| Corporations and other businesses | 7 | $283M | 10.1% | $40.5M |
| Total | 212 | $2.81B | 100% | $13.3M |
- Clients
- 203
- Regulatory AUM
- $2.47B
- AUM share
- 87.8%
- Avg. per client
- $12.2M
- Clients
- 2
- Regulatory AUM
- $60.2M
- AUM share
- 2.1%
- Avg. per client
- $30.1M
- Clients
- 7
- Regulatory AUM
- $283M
- AUM share
- 10.1%
- Avg. per client
- $40.5M
Total
- Clients
- 212
- Regulatory AUM
- $2.81B
- AUM share
- 100%
- Avg. per client
- $13.3M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Angeles Wealth Management charges 0.50%–1.00% for its Asset-based advisory fee. The brochure does not state whether the rate is annual. The fee is billed in advance, is negotiable and requires an account of at least $5,000,000.
Fee details and sources
Angeles Investment Advisors owns 50% to 75% of Angeles Wealth Management and is in turn owned by Howard Perlow (25–50%) and Michael Rosen (25–50%). It has 17 employees, 13 of them in advisory roles.
Leadership
- Ann DeatonPartner
- Harry GrandPartner
- Edward LowndesCCO & COO
- Elizabeth RogersPartner
- Joshua RothsteinPartner
- Elizabeth WohlforthPartner
- Jonathan FosterCEO & Managing Member
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
- Ann Estelle Deaton
- Jonathan Rice Foster
- Harry Spencer Grand
- Maria Kleinhans
- Richard Campbell Johnston Nott III
- Elizabeth Cameron Rogers
- Joshua Ryan Rothstein
- Elizabeth Chloe Wohlforth
- Caroline Julia Zimmer
Staff
- 17 employees
- 13 in advisory functions
- 9 state-registered reps
- Owns 50% to 75% of Angeles Wealth Management, LLC
Angeles Investment Advisors
Control person · since November 2011
- Owns 25% to 50% of Angeles Investment Advisors
Howard Perlow
Control person · since April 2001
- Owns 25% to 50% of Angeles Investment Advisors
Michael Rosen
Control person · since April 2001
- Owns 25% to 50% of Angeles Wealth Management, LLC
Jonathan Foster
Control person · since November 2011
Angeles Wealth Management’s regulatory assets grew 3.1× from $900M (March 2021) to $2.81B (August 2026); clients rose from 140 to 212 and employees from 11 to 17.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $2.81B | 212 | 17 | 4 |
| May 2025 | $2.27B | 178 | 14 | 3 |
| May 2024 | $1.8B | 152 | 14 | 3 |
| August 2023 | $1.19B | 129 | 14 | 4 |
| July 2022 | $1.09B | 97 | 9 | 4 |
| March 2021 | $900M | 140 | 11 | 2 |
Besides its headquarters, Angeles Wealth Management has 3 offices, with 4 listed addresses in California, New York and Texas.
Texas · 2 listed addresses
- 5151 San Felipe Street, Houston
- 2626 Cole Avenue, Dallas
California · 1 listed address
- 429 Santa Monica BLVD, Suite 650, Santa MonicaHQ
New York · 1 listed address
- 375 Park Avenue, New York
Contact and registration details
- Legal name
- Angeles Wealth Management, LLC
- Headquarters
- 429 Santa Monica BLVD, Suite 650, Santa Monica, CA 90401
- Website
- angelesinvestments.com
- Phone
- 310-393-6300
- @angeles-investments
- SEC file
- 801-72992
- Structure
- Delaware LLC
- Fiscal year end
- December
Angeles Wealth Management uses Charles Schwab ($336M) as custodian for its separately managed accounts. Angeles Wealth Management has custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Los Angeles, CA · $336M100%
At year end, Angeles Wealth Management’s separately managed accounts were mostly in funds (72%) and stocks (19%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.19B across 632 positions; the largest are Vanguard World FD (11.5%), Vanguard Intl Equity Index F (10.9%) and Vanguard Star Fds (6.7%).
What the accounts hold
- Stocks19%
- Funds72%
- Registered funds58%
- Pooled vehicles14%
- Bonds5%
- U.S. government and agency bonds2%
- State and local bonds2%
- Investment grade corporate bonds1%
- Cash2%
Filed values cover 98%. The neutral 2% gap has no reported category.
Reported 13F holdings
- $2.19B
- Reported 13F value
- 632
- Positions
- 56.7%
- In the 10 largest
- +19.1%
- Value vs. prior quarter
- Vanguard World FD · Mega Grwth Ind11.5%
- Vanguard Intl Equity Index F · TT Wrld ST ETF10.9%
- Vanguard Star Fds · VG TL Intl Stk F6.7%
- SPDR Series Trust · ST Str P500val6.4%
- Vanguard Index Fds · S&P 500 ETF Shs5.3%
- iShares TR · National Mun ETF3.8%
- Schwab Strategic TR · US Lcap GR ETF3.7%
- Vanguard Intl Equity Index F · FTSE Europe ETF3.3%
- Apple Inc.2.6%
- Vanguard Index Fds · Value ETF2.5%
Together, the ten largest are 56.7% of reported value.
How many clients does Angeles Wealth Management have?
Angeles Wealth Management has 212 clients and manages $2.81 billion for them, as of August 2026. They include 203 high-net-worth individuals, 7 corporations and other businesses, and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 August 2026
What services does Angeles Wealth Management offer?
Angeles Wealth Management provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Angeles Wealth Management charge?
Angeles Wealth Management charges 0.50%–1.00% for its Asset-based advisory fee. The brochure does not state whether the rate is annual. The fee is billed in advance, is negotiable and requires an account of at least $5,000,000.
Which custodians does Angeles Wealth Management use?
Angeles Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Los Angeles, CA), with $336M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 August 2026
How many financial advisors does Angeles Wealth Management have?
Angeles Wealth Management has 9 investment adviser representatives registered with state securities authorities, out of 17 employees, and 13 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Angeles Wealth Management invest in?
At the end of its last fiscal year, Angeles Wealth Management’s separately managed accounts held 58% registered funds (mutual funds, ETFs, BDCs), 19% exchange-traded equities, 14% pooled vehicles (private funds and similar), 2% U.S. government and agency bonds, 2% state and local bonds, 2% cash and equivalents and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Angeles Wealth Management have a minimum investment?
Yes, Angeles Wealth Management’s minimum account size for its Asset-based advisory fee is $5M.
Who owns Angeles Wealth Management?
Angeles Wealth Management is owned through a holding company by Howard Perlow and Michael Rosen. Its direct owners are Jonathan Foster (25% to 50%) and Angeles Investment Advisors (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 12 August 2026
How does Angeles Wealth Management get paid?
Angeles Wealth Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Angeles Wealth Management registered with the SEC?
Yes, Angeles Wealth Management has been registered with the SEC as an investment adviser since 3 January 2012. Its CRD number is 159952 and its SEC file number is 801-72992.
Source: Form ADV Part 1A, Item 1, filed 12 August 2026; IAPD firm record
How do I contact Angeles Wealth Management?
Angeles Wealth Management’s main office is at 429 Santa Monica BLVD, Suite 650, Santa Monica, CA 90401. Its phone number is 310-393-6300. Its website is angelesinvestments.com.