Beverly Hills Private Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Beverly Hills Private Wealth reports 250 clients. They include 162 high-net-worth individuals, 72 individual clients, and 16 pension and profit-sharing plans. Of its assets, 100.0% ($912M across 1,330 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 29% | 4% |
| High-net-worth individuals | 65% | 93% |
| Pension and profit-sharing plans | 6% | 2% |
| Charitable organizations | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 72 | $33.8M | 3.7% | $469K |
| High-net-worth individuals | 162 | $853M | 93.5% | $5.26M |
| Pension and profit-sharing plans | 16 | $21M | 2.3% | $1.31M |
| Charitable organizations | Fewer than 5 | $4.63M | 0.5% | — |
| Total | 250 | $912M | 100% | — |
- Clients
- 72
- Regulatory AUM
- $33.8M
- AUM share
- 3.7%
- Avg. per client
- $469K
- Clients
- 162
- Regulatory AUM
- $853M
- AUM share
- 93.5%
- Avg. per client
- $5.26M
- Clients
- 16
- Regulatory AUM
- $21M
- AUM share
- 2.3%
- Avg. per client
- $1.31M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.63M
- AUM share
- 0.5%
- Avg. per client
- —
Total
- Clients
- 250
- Regulatory AUM
- $912M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 0
Beverly Hills Private Wealth charges up to 1.50% a year for its Comprehensive Portfolio Management. The fee is billed in advance and requires an account of at least $5,000,000. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Hourly fee not to exceed $1,000 per hour, or flat fees not exceeding $20,000; written financial plans generally carry a minimum fee of $1,500.
- Portfolio Monitoring
- Maximum annual fee of 1.00% of account value, billed quarterly in advance; fees are negotiable.
- Retirement Plan Consulting
- Fee based on Plan assets under management, not to exceed 1.00%, set in the signed consulting agreement.
Scott M. Shagrin Separate Property Trust owns 50% to 75% of Beverly Hills Private Wealth. The leadership team of Beverly Hills Private Wealth includes Chief Compliance Officer Ira Ravitz. It has 10 employees, 6 of them in advisory roles.
Leadership
Ira RavitzChief Compliance
Scott ShagrinManaging Director
Lisa WestermarkMember
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
Staff
- 10 employees
- 6 in advisory functions
- 6 state-registered reps
- Owns 50% to 75% of Beverly Hills Private Wealth, LLC
Scott M. Shagrin Separate Property Trust
Control person · since October 2022
Scott Shagrin
Trustee · Control person · since October 2022
- Owns 50% to 75% of Beverly Hills Private Wealth, LLC
Scott M. Shagrin Separate
Control person · since October 2022
- Owns 25% to 50% of Beverly Hills Private Wealth, LLC
Ravitz Family Trust
Control person · since October 2022
Ira Ravitz
Trustee · Control person · since October 2022
- Owns 5% to 10% of Beverly Hills Private Wealth, LLC
Lisa Westermark
since October 2022
Beverly Hills Private Wealth’s regulatory assets grew 1.9× from $484M (July 2023) to $912M (March 2026); clients rose from 145 to 250 and employees from 8 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $912M | 250 | 10 | 1 |
| March 2025 | $783M | 226 | 10 | 1 |
| February 2024 | $696M | 212 | 9 | 1 |
| July 2023 | $484M | 145 | 8 | 1 |
Besides its headquarters, Beverly Hills Private Wealth has 0 offices, with 1 listed address in California.
California · 1 listed address
- 350 S. Beverly Drive, Suite 360, Beverly HillsHQ
Contact and registration details
- Legal name
- Beverly Hills Private Wealth, LLC
- Headquarters
- 350 S. Beverly Drive, Suite 360, Beverly Hills, CA 90212
- Website
- bhpw.com
- Phone
- 310-388-3800
- @beverly-hills-private-wealth
- SEC file
- 801-126697
- Founded
- 2022
- Structure
- California LLC
- Fiscal year end
- December
Beverly Hills Private Wealth uses Goldman Sachs & Co. ($904M) as custodian for its separately managed accounts. Beverly Hills Private Wealth has custody of $3.97M in client assets for 22 clients.
- Goldman Sachs & Co.Goldman Sachs & Co. LLC · New York, NY · $904M100%
At year end, Beverly Hills Private Wealth’s separately managed accounts were mostly in stocks (60%) and bonds (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $525M across 255 positions; the largest are Apple Inc. (4.4%), Nvidia Corporation (3.0%) and Amazon Com Inc. (2.9%).
What the accounts hold
- Stocks60%
- Exchange-traded equities54%
- Non-exchange-traded equities6%
- Funds10%
- Bonds24%
- U.S. government and agency bonds10%
- State and local bonds8%
- Investment grade corporate bonds6%
- Cash6%
Reported 13F holdings
- $525M
- Reported 13F value
- 255
- Positions
- 26.5%
- In the 10 largest
- −12.6%
- Value vs. prior quarter
- Apple Inc.4.4%
- Nvidia Corporation3.0%
- Amazon Com Inc.2.9%
- Microsoft Corp.2.9%
- Vanguard Scottsdale Fds · Inter Term Treas2.7%
- JPMORGAN Chase & CO2.6%
- Schwab Charles Corp.2.2%
- Taiwan Semiconductor Manufac · Sponsored ADS2.2%
- Visa Inc. · Com CL A1.9%
- Meta Platforms Inc. · CL A1.9%
Together, the ten largest are 26.5% of reported value.
How many clients does Beverly Hills Private Wealth have?
Beverly Hills Private Wealth has 250 clients and manages $912 million for them, as of March 2026. They include 162 high-net-worth individuals, 72 individual clients, and 16 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 March 2026
What services does Beverly Hills Private Wealth offer?
Beverly Hills Private Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Beverly Hills Private Wealth charge?
Beverly Hills Private Wealth charges up to 1.50% a year for its Comprehensive Portfolio Management. The fee is billed in advance and requires an account of at least $5,000,000.
Which custodians does Beverly Hills Private Wealth use?
Beverly Hills Private Wealth’s separately managed account assets are held at Goldman Sachs & Co. LLC (New York, NY), with $904M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 March 2026
How many financial advisors does Beverly Hills Private Wealth have?
Beverly Hills Private Wealth has 6 investment adviser representatives registered with state securities authorities, out of 10 employees, and 6 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 Beverly Hills Private Wealth invest in?
At the end of its last fiscal year, Beverly Hills Private Wealth’s separately managed accounts held 54% exchange-traded equities, 10% U.S. government and agency bonds, 10% registered funds (mutual funds, ETFs, BDCs), 8% state and local bonds, 6% non-exchange-traded equities, 6% investment grade corporate bonds and 6% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Beverly Hills Private Wealth have a minimum investment?
Yes, Beverly Hills Private Wealth’s minimum account size for its Comprehensive Portfolio Management is $5M.
Who owns Beverly Hills Private Wealth?
Beverly Hills Private Wealth’s direct owners are Ravitz Family Trust (25% to 50%), Scott M. Shagrin Separate Property Trust (50% to 75%), Scott M. Shagrin Separate (50% to 75%) and Lisa Westermark (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 19 March 2026
How does Beverly Hills Private Wealth get paid?
Beverly Hills Private Wealth is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Beverly Hills Private Wealth?
Beverly Hills Private Wealth’s main office is at 350 S. Beverly Drive, Suite 360, Beverly Hills, CA 90212. Its phone number is 310-388-3800. Its website is bhpw.com.