Goodstein Wealth Management provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 11–25 clients last fiscal year.
Goodstein Wealth Management reports 101 clients. They include 54 individual clients, 46 high-net-worth individuals and 1 pension or profit-sharing plan. Of its assets, 100.0% ($114M across 275 accounts) are managed with discretion. It advised 8 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 53% | 18% |
| High-net-worth individuals | 46% | 82% |
| Pension and profit-sharing plans | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 54 | $20M | 17.5% | $370K |
| High-net-worth individuals | 46 | $93.7M | 82.0% | $2.04M |
| Pension and profit-sharing plans | Fewer than 5 | $518K | 0.5% | $518K |
| Total | 101 | $114M | 100% | — |
- Clients
- 54
- Regulatory AUM
- $20M
- AUM share
- 17.5%
- Avg. per client
- $370K
- Clients
- 46
- Regulatory AUM
- $93.7M
- AUM share
- 82.0%
- Avg. per client
- $2.04M
- Clients
- Fewer than 5
- Regulatory AUM
- $518K
- AUM share
- 0.5%
- Avg. per client
- $518K
Total
- Clients
- 101
- Regulatory AUM
- $114M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 8
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Goodstein Wealth Management charges 0.75%–1.00% a year for its Asset Management (non-wrap). The fee is billed in advance and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Complete Financial Plan
- Financial plan billed at an hourly rate of $320, or a fixed fee from $500 to $5,500 depending on scope.
- ERISA Plan Services
- Annual fee on included plan assets, not to exceed 1%, charged monthly in arrears.
- One-time Annual Financial Plan Review
- One-time annual financial plan review at a fixed cost of $750.
Alan Goodstein owns 75% or more of Goodstein Wealth Management. The leadership team of Goodstein Wealth Management includes Chief Compliance Officer Alan Goodstein. It has 2 employees.
Leadership
- Alan GoodsteinChief Compliance Officer
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
- Owns 75% or more of Goodstein Wealth Management LLC
Alan Goodstein
Control person · since February 2016
Goodstein Wealth Management’s regulatory assets grew from $101M (June 2023) to $114M (March 2026); clients fell from 173 to 101 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $114M | 101 | 2 | 1 |
| February 2025 | $97.9M | 100 | 3 | 2 |
| July 2024 | $129M | 177 | 3 | 3 |
| June 2023 | $101M | 173 | 2 | 2 |
Besides its headquarters, Goodstein Wealth Management has 0 offices, with 1 listed address in California.
California · 1 listed address
- 15760 Ventura BLVD., Suite 1520, EncinoHQ
Contact and registration details
- Legal name
- Goodstein Wealth Management LLC
- Headquarters
- 15760 Ventura BLVD., Suite 1520, Encino, CA 91436
- Website
- Not reported
- Phone
- 818-995-3500
- SEC file
- 801-127449
- Structure
- California LLC
- Fiscal year end
- December
Goodstein Wealth Management uses Charles Schwab ($114M) as custodian for its separately managed accounts. Goodstein Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $114M100%
At year end, Goodstein Wealth Management’s separately managed accounts were largely in stocks (46%) and funds (34%).
What the accounts hold
- Stocks46%
- Funds34%
- Bonds18%
- U.S. government and agency bonds8%
- Investment grade corporate bonds6%
- State and local bonds4%
- Cash2%
How many clients does Goodstein Wealth Management have?
Goodstein Wealth Management has 101 clients and manages $114 million for them, as of March 2026. They include 54 individual clients, 46 high-net-worth individuals and 1 pension or profit-sharing plan.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 March 2026
What services does Goodstein Wealth Management offer?
Goodstein Wealth Management provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Goodstein Wealth Management charge?
Goodstein Wealth Management charges 0.75%–1.00% a year for its Asset Management (non-wrap). The fee is billed in advance and is negotiable.
Which custodians does Goodstein Wealth Management use?
Goodstein Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $114M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 March 2026
How many financial advisors does Goodstein Wealth Management have?
Goodstein Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 Goodstein Wealth Management invest in?
At the end of its last fiscal year, Goodstein Wealth Management’s separately managed accounts held 46% exchange-traded equities, 34% registered funds (mutual funds, ETFs, BDCs), 8% U.S. government and agency bonds, 6% investment grade corporate bonds, 4% state and local bonds and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Goodstein Wealth Management?
Goodstein Wealth Management’s direct owner is Alan Goodstein (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 16 March 2026
How does Goodstein Wealth Management get paid?
Goodstein 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
How do I contact Goodstein Wealth Management?
Goodstein Wealth Management’s main office is at 15760 Ventura BLVD., Suite 1520, Encino, CA 91436. Its phone number is 818-995-3500.