Destination Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year.
Destination Wealth Management reports 2,299 clients. They include 1,335 high-net-worth individuals, 937 individual clients and 10 charitable organizations. Of its assets, 100.0% ($4.95B across 6,129 accounts) are managed with discretion. Of its clients, 1% are outside the U.S. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 41% | 12% |
| High-net-worth individuals | 58% | 86% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | 1% |
| 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) | 937 | $571M | 11.5% | $609K |
| High-net-worth individuals | 1,335 | $4.27B | 86.3% | $3.2M |
| Pension and profit-sharing plans | 8 | $19.7M | 0.4% | $2.47M |
| Charitable organizations | 10 | $60M | 1.2% | $6M |
| Corporations and other businesses | 9 | $27.3M | 0.6% | $3.03M |
| Total | 2,299 | $4.95B | 100% | $2.15M |
- Clients
- 937
- Regulatory AUM
- $571M
- AUM share
- 11.5%
- Avg. per client
- $609K
- Clients
- 1,335
- Regulatory AUM
- $4.27B
- AUM share
- 86.3%
- Avg. per client
- $3.2M
- Clients
- 8
- Regulatory AUM
- $19.7M
- AUM share
- 0.4%
- Avg. per client
- $2.47M
- Clients
- 10
- Regulatory AUM
- $60M
- AUM share
- 1.2%
- Avg. per client
- $6M
- Clients
- 9
- Regulatory AUM
- $27.3M
- AUM share
- 0.6%
- Avg. per client
- $3.03M
Total
- Clients
- 2,299
- Regulatory AUM
- $4.95B
- AUM share
- 100%
- Avg. per client
- $2.15M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Destination Wealth Management charges 0.60%–1.15% a year for its Investment Management. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Alternative Investments Management
- A separate management fee generally equal to 0.75% of the value of alternative investments, in addition to the advisory fee on traditional portfolios; it follows the flat-rate schedule where it applies.
- Financial Planning
- Hourly at $250 with a six-hour minimum, or a flat fee with a $1,500 minimum, negotiable; a retainer may be requested, capped at $1,200 when work will not finish within six months.
Michael Yoshikami owns 75% or more of Destination Wealth Management. The leadership team of Destination Wealth Management includes President Craig Gentry and Chief Compliance Officer David Wilkinson. It has 68 employees, 31 of them in advisory roles.
Leadership
- Craig GentryPresident, Chief Investment Strategist & Executive Partner
- David WilkinsonChief Compliance Officer
- Michael YoshikamiCEO, Founder and Chairman, Portfolio Strategy Committee
Investment adviser representatives
37 representatives listed in the SEC register as of 9 October 2026.
- Geoffrey Scott Cable
- Rita Lichu Chan
- Stacy L Chretien
- Pedro Eli Cisneros
- Noah Andrew Dalhamer
- Dennis Alan Densmore
- Dana Rae Deroque
- Christopher Alexander Eagles-Smith
- Caroline Sabina Egan
- Sophia I-Ju Feng
- Steven Mathews Gasparini
- Craig Dwayne Gentry
- Angela Marie Hager
- Robert Keith Jacques
- Jessica S Lambruschini-Coy
- Barbara Schulz Matheson
- Quinton Gerard McDermott
- Mark McMechen
- Benjamin Landon Musson
- John Neeley
- Ryan Noxon
- Preetika Pande
- David Rairden
- George Fredrick Reel
- Malia Lydia Salas Russell
- Ariel Schutte
- Elena Song
- Jeanne Sim Suh
- Dustin Raymond Tong
- Donald James Travo
- Jordan T Wesley
- Linda Xia
- Xiuhua Xu
- Malena Rose Hassan Yatim
- Ingrid Shang-Ying Yeh
- Michael Allen Yoshikami
- Evelyn Zuk
Staff
- 68 employees
- 31 in advisory functions
- 24 state-registered reps
- 1 soliciting firm
- Owns 75% or more of Destination Wealth Management
Michael Yoshikami
Control person · since July 1996
Destination Wealth Management’s regulatory assets grew 1.5× from $3.23B (April 2021) to $4.95B (July 2026); clients rose from 1,907 to 2,299 and employees from 52 to 68.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $4.95B | 2,299 | 68 | 1 |
| April 2025 | $4.15B | 2,190 | 56 | 1 |
| April 2024 | $3.7B | 2,142 | 53 | 1 |
| March 2023 | $3.21B | 2,108 | 51 | 1 |
| April 2022 | $3.81B | 2,047 | 50 | 1 |
| April 2021 | $3.23B | 1,907 | 52 | 2 |
Besides its headquarters, Destination Wealth Management has 0 offices, with 1 listed address in California.
California · 1 listed address
- 1255 Treat Boulevard, Suite 900, Walnut CreekHQ
Contact and registration details
- Legal name
- Destination Wealth Management
- Headquarters
- 1255 Treat Boulevard, Suite 900, Walnut Creek, CA 94597
- Website
- destinationwm.com
- Phone
- 925-935-2900
- @destinationwealth-management
- SEC file
- 801-53077
- Structure
- Delaware corporation
- Fiscal year end
- December
Destination Wealth Management uses Charles Schwab ($4.83B) as custodian for its separately managed accounts. Destination Wealth Management has custody of $371M in client assets for 276 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $4.83B100%
At year end, Destination Wealth Management’s separately managed accounts were mostly in funds (56%) and stocks (39%). Its reported 13F holdings for the quarter ended 30 June 2026 total $4.28B across 344 positions; the largest are Apple Inc. (5.7%), iShares TR (4.1%) and iShares TR (3.2%).
What the accounts hold
- Stocks39%
- Funds56%
- Cash4%
- Other1%
- Pooled investment vehicles (other than investment companies or bdcs), u.s. government/agency bonds, u.s. state and local bonds, investment grade corporate bonds, non exchange-traded equity, sovereign bonds, derivatives and other together make up approximately 1%.1%
Reported 13F holdings
- $4.28B
- Reported 13F value
- 344
- Positions
- 30.2%
- In the 10 largest
- +11.2%
- Value vs. prior quarter
- Apple Inc.5.7%
- iShares TR · Core US Aggbd ET4.1%
- iShares TR · Core S&P Scp ETF3.2%
- iShares TR · Core S&P Mcp ETF2.8%
- Pimco ETF TR · Multisector BD2.6%
- iShares Inc. · Core MSCI Emkt2.6%
- Alphabet Inc. · Cap Stk CL A2.4%
- iShares TR · Expnd Tec SC ETF2.3%
- SPDR Series Trust · State Street Spd2.3%
- iShares U S ETF TR · Int RT Hdg C B2.1%
Together, the ten largest are 30.2% of reported value.
How many clients does Destination Wealth Management have?
Destination Wealth Management has 2,299 clients and manages $4.95 billion for them, as of July 2026. They include 1,335 high-net-worth individuals, 937 individual clients and 10 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 July 2026
What services does Destination Wealth Management offer?
Destination Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Destination Wealth Management charge?
Destination Wealth Management charges 0.60%–1.15% a year for its Investment Management. The fee is billed in advance and is negotiable.
Source: DESTINATION WEALTH MANAGEMENT, ADV PART 2A, filed 12 October 2026
Which custodians does Destination Wealth Management use?
Destination Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $4.83B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 July 2026
How many financial advisors does Destination Wealth Management have?
Destination Wealth Management has 24 investment adviser representatives registered with state securities authorities, out of 68 employees, and 31 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 Destination Wealth Management invest in?
At the end of its last fiscal year, Destination Wealth Management’s separately managed accounts held 56% registered funds (mutual funds, ETFs, BDCs), 39% exchange-traded equities, 4% cash and equivalents and 1% other. The 1% other category is described as: Pooled Investment Vehicles (Other Than Investment Companies Or BDCS), U.S. Government/Agency Bonds, U.S. State and Local Bonds, Investment Grade Corporate Bonds, Non Exchange-Traded Equity, Sovereign Bonds, Derivatives and Other Together Make Up Approximately 1%.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Destination Wealth Management?
Destination Wealth Management’s direct owner is Michael Yoshikami (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 July 2026
How does Destination Wealth Management get paid?
Destination Wealth Management 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
Is Destination Wealth Management registered with the SEC?
Yes, Destination Wealth Management has been registered with the SEC as an investment adviser since 11 October 1996. Its CRD number is 110365 and its SEC file number is 801-53077.
Source: Form ADV Part 1A, Item 1, filed 14 July 2026; IAPD firm record
How do I contact Destination Wealth Management?
Destination Wealth Management’s main office is at 1255 Treat Boulevard, Suite 900, Walnut Creek, CA 94597. Its phone number is 925-935-2900. Its website is destinationwm.com.