Channel Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 1–10 clients last fiscal year.
Channel Wealth reports 2,019 clients. They include 1,132 individual clients, 842 high-net-worth individuals, and 21 pension and profit-sharing plans. Of its assets, 98.8% ($841M across 1,913 accounts) are managed with discretion; $9.93M across 106 accounts are not. It advised 122 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 56% | 20% |
| High-net-worth individuals | 42% | 74% |
| Pension and profit-sharing plans | 1% | 1% |
| Charitable organizations | <1% | 3% |
| Corporations and other businesses | <1% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,132 | $174M | 20.5% | $154K |
| High-net-worth individuals | 842 | $633M | 74.4% | $752K |
| Pension and profit-sharing plans | 21 | $8.86M | 1.0% | $422K |
| Charitable organizations | 11 | $23.4M | 2.7% | $2.12M |
| Corporations and other businesses | 13 | $11.2M | 1.3% | $861K |
| Total | 2,019 | $851M | 100% | $421K |
- Clients
- 1,132
- Regulatory AUM
- $174M
- AUM share
- 20.5%
- Avg. per client
- $154K
- Clients
- 842
- Regulatory AUM
- $633M
- AUM share
- 74.4%
- Avg. per client
- $752K
- Clients
- 21
- Regulatory AUM
- $8.86M
- AUM share
- 1.0%
- Avg. per client
- $422K
- Clients
- 11
- Regulatory AUM
- $23.4M
- AUM share
- 2.7%
- Avg. per client
- $2.12M
- Clients
- 13
- Regulatory AUM
- $11.2M
- AUM share
- 1.3%
- Avg. per client
- $861K
Total
- Clients
- 2,019
- Regulatory AUM
- $851M
- AUM share
- 100%
- Avg. per client
- $421K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 122
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Channel Wealth charges up to 2.00% a year for its Investment Management Services. The fee is billed in advance. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Financial planning and consulting fees are set in the investment advisory agreement, which may include fixed fees, hourly fees, asset-based fees or a minimum quarterly fee.
Justin Anderson owns 25% to 50% of Channel Wealth. The leadership team of Channel Wealth includes Chief Compliance Officer William Speacht. It has 17 employees, 8 of them in advisory roles.
Leadership
- William SpeachtChief Compliance Officer
Justin AndersonPartner
Christian SnowdenPartner- Maxwell PhillipsPartner
Justin PollackPartner
Brett WeichbrodPartner
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
Staff
- 17 employees
- 8 in advisory functions
- 8 state-registered reps
- 7 insurance agents
- 2 soliciting firms
- Owns 25% to 50% of Channel Wealth, LLC
Justin Anderson
Control person · since September 2022
- Owns 25% to 50% of Channel Wealth, LLC
Christian Snowden
Control person · since September 2022
- Owns 10% to 25% of Channel Wealth, LLC
Maxwell Phillips
Control person · since September 2022
- Owns 10% to 25% of Channel Wealth, LLC
Brett Weichbrod
Control person · since September 2022
- Owns 5% to 10% of Channel Wealth, LLC
Justin Pollack
Control person · since September 2022
Channel Wealth’s regulatory assets grew 2.2× from $393M (July 2023) to $851M (April 2026); clients rose from 1,203 to 2,019 and employees from 14 to 17.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $851M | 2,019 | 17 | 2 |
| July 2025 | $833M | 1,796 | 17 | 3 |
| June 2024 | $531M | 1,545 | 15 | 3 |
| July 2023 | $393M | 1,203 | 14 | 3 |
Besides its headquarters, Channel Wealth has 1 office, with 2 listed addresses in California.
California · 2 listed addresses
- 3760 State Street, Suite 201, Santa BarbaraHQ
- 23142 Arroyo Vista, Rancho Santa Margarita
Contact and registration details
- Legal name
- Channel Wealth, LLC
- Headquarters
- 3760 State Street, Suite 201, Santa Barbara, CA 93105
- Website
- channelwealth.com
- Phone
- 805-898-0893
- @channel-wealth
- SEC file
- 801-126767
- Structure
- California LLC
- Fiscal year end
- December
Channel Wealth uses Charles Schwab ($816M) as custodian for its separately managed accounts. Channel Wealth has custody of $609M in client assets for 597 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $816M100%
At year end, Channel Wealth’s separately managed accounts were mostly in funds (51%) and stocks (31%). Its reported 13F holdings for the quarter ended 30 June 2026 total $446M across 188 positions; the largest are Angel Oak Funds Trust (6.2%), Thornburg ETF TR (4.6%) and Apple Inc. (4.1%).
What the accounts hold
- Stocks31%
- Exchange-traded equities30%
- Non-exchange-traded equities1%
- Funds51%
- Registered funds47%
- Pooled vehicles4%
- Bonds7%
- State and local bonds3%
- U.S. government and agency bonds2%
- Investment grade corporate bonds2%
- Cash10%
- Other1%
- Alternatives1%
Reported 13F holdings
- $446M
- Reported 13F value
- 188
- Positions
- 37.1%
- In the 10 largest
- +8.0%
- Value vs. prior quarter
- Angel Oak Funds Trust · Income ETF6.2%
- Thornburg ETF TR · Intl Equity ETF4.6%
- Apple Inc.4.1%
- iShares TR · MSCI Acwi ETF4.0%
- Alphabet Inc. · Cap Stk CL C3.8%
- Nvidia Corporation3.7%
- Microsoft Corp.3.3%
- Eli Lilly & CO3.0%
- Berkshire Hathaway Inc. Del · CL B New2.2%
- State Str SPDR S&P 500 ETF T · TR Unit2.2%
Together, the ten largest are 37.1% of reported value.
How many clients does Channel Wealth have?
Channel Wealth has 2,019 clients and manages $851 million for them, as of April 2026. They include 1,132 individual clients, 842 high-net-worth individuals, and 21 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 April 2026
What services does Channel Wealth offer?
Channel Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Channel Wealth charge?
Channel Wealth charges up to 2.00% a year for its Investment Management Services. The fee is billed in advance.
Which custodians does Channel Wealth use?
Channel Wealth’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $816M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 April 2026
How many financial advisors does Channel Wealth have?
Channel Wealth has 8 investment adviser representatives registered with state securities authorities, out of 17 employees, and 8 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 7 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 Channel Wealth invest in?
At the end of its last fiscal year, Channel Wealth’s separately managed accounts held 47% registered funds (mutual funds, ETFs, BDCs), 30% exchange-traded equities, 10% cash and equivalents, 4% pooled vehicles (private funds and similar), 3% state and local bonds, 2% U.S. government and agency bonds, 2% investment grade corporate bonds, 1% non-exchange-traded equities and 1% other. The 1% other category is described as: Alternatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Channel Wealth?
Channel Wealth’s direct owners are Justin Anderson, Christian Snowden, Maxwell Phillips, Justin Pollack and Brett Weichbrod, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 7 April 2026
How does Channel Wealth get paid?
Channel Wealth is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. 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 Channel Wealth?
Channel Wealth’s main office is at 3760 State Street, Suite 201, Santa Barbara, CA 93105. Its phone number is 805-898-0893. Its website is channelwealth.com.