Calabasas Advisory Group provides financial planning and portfolio management for individuals and small businesses.
Calabasas Advisory Group reports 488 clients. They include 334 individual clients and 154 high-net-worth individuals. Of its assets, 100.0% ($250M across 1,104 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 68% | 69% |
| High-net-worth individuals | 32% | 31% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 334 | $172M | 69.0% | $515K |
| High-net-worth individuals | 154 | $77.4M | 31.0% | $502K |
| Total | 488 | $250M | 100% | $511K |
- Clients
- 334
- Regulatory AUM
- $172M
- AUM share
- 69.0%
- Avg. per client
- $515K
- Clients
- 154
- Regulatory AUM
- $77.4M
- AUM share
- 31.0%
- Avg. per client
- $502K
Total
- Clients
- 488
- Regulatory AUM
- $250M
- AUM share
- 100%
- Avg. per client
- $511K
- 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
Calabasas Advisory Group charges up to 1.25% a year for its Comprehensive Portfolio Management. The fee is billed in arrears and is negotiable.
Fee details and sources
Jason Semeleng owns 50% to 75% of Calabasas Advisory Group. The leadership team of Calabasas Advisory Group includes Chief Compliance Officer Jason Semeleng. It has 2 employees.
Leadership
- Jason SemelengManaging Member & Chief Compliance Officer
- John LeachManaging Member
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 insurance agents
- Owns 50% to 75% of Calabasas Advisory Group, LLC
Jason Semeleng
Control person · since May 2017
- Owns 50% to 75% of Calabasas Advisory Group, LLC
John Leach
Control person · since May 2017
Calabasas Advisory Group’s regulatory assets grew from $178M (February 2021) to $250M (February 2026); clients rose from 427 to 488 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $250M | 488 | 2 | 1 |
| January 2025 | $241M | 497 | 2 | 1 |
| January 2024 | $222M | 504 | 2 | 1 |
| January 2023 | $185M | 441 | 2 | 1 |
| February 2022 | $201M | 514 | 2 | 1 |
| February 2021 | $178M | 427 | 2 | 1 |
Besides its headquarters, Calabasas Advisory Group has 0 offices, with 1 listed address in California.
California · 1 listed address
- 32107 Lindero Canyon RD., Suite 133, Westlake VillageHQ
Other business names
Calabasas Advisory Group has reported 2 other business names to the SEC.
- JL Wealth Management
- Semeleng Financial Services
Contact and registration details
- Legal name
- Calabasas Advisory Group, LLC
- Headquarters
- 32107 Lindero Canyon RD., Suite 133, Westlake Village, CA 91361
- Website
- jlwealthmanagement.com
- Phone
- 818-351-5124
- SEC file
- 801-110430
- Structure
- California LLC
- Fiscal year end
- December
Calabasas Advisory Group uses Fidelity ($250M) as custodian for its separately managed accounts. Calabasas Advisory Group has custody of $31.3M in client assets for 110 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $250M100%
At year end, Calabasas Advisory Group’s separately managed accounts were mostly in funds (80%) and cash (15%).
What the accounts hold
- Stocks5%
- Funds80%
- Cash15%
How many clients does Calabasas Advisory Group have?
Calabasas Advisory Group has 488 clients and manages $250 million for them, as of February 2026. They include 334 individual clients and 154 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 February 2026
What services does Calabasas Advisory Group offer?
Calabasas Advisory Group 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 Calabasas Advisory Group charge?
Calabasas Advisory Group charges up to 1.25% a year for its Comprehensive Portfolio Management. The fee is billed in arrears and is negotiable.
Source: ADV PART 2A - FIRM BROCHURE - SFS, filed 10 February 2026
Which custodians does Calabasas Advisory Group use?
Calabasas Advisory Group’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $250M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 February 2026
How many financial advisors does Calabasas Advisory Group have?
Calabasas Advisory Group has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are 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 Calabasas Advisory Group invest in?
At the end of its last fiscal year, Calabasas Advisory Group’s separately managed accounts held 80% registered funds (mutual funds, ETFs, BDCs), 15% cash and equivalents and 5% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Calabasas Advisory Group?
Calabasas Advisory Group’s direct owners are Jason Semeleng (50% to 75%) and John Leach (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 10 February 2026
How does Calabasas Advisory Group get paid?
Calabasas Advisory Group is paid through a percentage of assets under management. 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 Calabasas Advisory Group?
Calabasas Advisory Group’s main office is at 32107 Lindero Canyon RD., Suite 133, Westlake Village, CA 91361. Its phone number is 818-351-5124. Its website is jlwealthmanagement.com.