Liberty Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, educational seminars, education planning, estate planning, insurance, tax planning, and tax preparation. Financial planning was provided to 51–100 clients last fiscal year. The firm advises 1 private fund.
Liberty Wealth Management reports 1,554 clients. They include 995 high-net-worth individuals, 515 individual clients, and 29 pension and profit-sharing plans. Of its assets, 90.6% ($1.56B across 3,939 accounts) are managed with discretion; $163M across 399 accounts are not. It advised 23 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 33% | 22% |
| High-net-worth individuals | 64% | 75% |
| Pension and profit-sharing plans | 2% | 2% |
| Corporations and other businesses | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 515 | $379M | 22.0% | $736K |
| High-net-worth individuals | 995 | $1.29B | 74.8% | $1.3M |
| Pension and profit-sharing plans | 29 | $26.9M | 1.6% | $927K |
| Corporations and other businesses | 15 | $28.7M | 1.7% | $1.91M |
| Total | 1,554 | $1.73B | 100% | $1.11M |
- Clients
- 515
- Regulatory AUM
- $379M
- AUM share
- 22.0%
- Avg. per client
- $736K
- Clients
- 995
- Regulatory AUM
- $1.29B
- AUM share
- 74.8%
- Avg. per client
- $1.3M
- Clients
- 29
- Regulatory AUM
- $26.9M
- AUM share
- 1.6%
- Avg. per client
- $927K
- Clients
- 15
- Regulatory AUM
- $28.7M
- AUM share
- 1.7%
- Avg. per client
- $1.91M
Total
- Clients
- 1,554
- Regulatory AUM
- $1.73B
- AUM share
- 100%
- Avg. per client
- $1.11M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 23
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 51–100
Liberty Wealth Management charges 0.30%–1.25% a year for its Investment Management and Supervisory Services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and requires an account of at least $50,000. The brochure also prices 4 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.25% |
| $1M–$3M | 1.00% |
| $3M–$5M | 0.85% |
| $5M–$10M | 0.80% |
| $10M–$25M | 0.70% |
| $25M–$50M | 0.40% |
| $50M and above | 0.30% |
Fee details and sources
Other fees
- 529 college savings planning
- Advice on 529 college savings accounts is charged 0.50% a year on average daily balance, calculated quarterly in arrears.
- Directly held American Funds F2 program
- The advisory fee on the directly held American Funds F2 share program may be between 0.50% and 1.25% of AUM, debited quarterly in arrears.
- Financial planning
- Financial planning is a flat fee with a minimum of $3,500 a year ($875 a quarter), set in each client agreement; bundled packages cost more.
- Hourly and fixed-fee consulting
- Hourly and fixed-fee consulting is billed per project or at a negotiable hourly fee, set in each client agreement.
David Hollander owns 75% or more of Liberty Wealth Management. The leadership team of Liberty Wealth Management includes Chief Compliance Officer Candace Hamilton. It has 43 employees, 23 of them in advisory roles.
Leadership
- Candace HamiltonChief Compliance Officer
- David HollanderChairman/Founder
- Heidi SullivanController
Investment adviser representatives
25 representatives listed in the SEC register as of 9 October 2026.
- Adrian Marcel Azofeifa
- Nickolas Bowers
- Steven Samuel Christensen
- Matthew del Junco
- Nicholas Alexander Del Junco
- David Sean Gillimore
- Stanislav Godsky
- Candace Carole Hamilton
- David Lawrence Hedger
- Kenneth William Henson II
- Claire Danielle Hollander
- David James Hollander
- Michael Terrence Hullen
- Kameron Ray Jackson
- Jordan Johal
- Kelvin J Kwan
- Dylan Mann
- Stephen Ernest Mantzouris
- Adam John McNulty
- Lucas McNulty
- Charles Nicholas Moore
- Philip Rontell
- Daniel Dean Ross
- Jared Wegrzyn
- Brett Michael Wippler
Staff
- 43 employees
- 23 in advisory functions
- 22 state-registered reps
- 3 broker-dealer reps
- 17 insurance agents
- Owns 75% or more of Liberty Wealth Management, LLC
David Hollander
Control person · since November 2018
Liberty Wealth Management’s regulatory assets grew 2.0× from $856M (July 2021) to $1.73B (September 2026); clients rose from 1,269 to 1,554 and employees from 21 to 43.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $1.73B | 1,554 | 43 | 9 |
| March 2025 | $1.47B | 1,441 | 21 | 6 |
| February 2024 | $1.22B | 1,423 | 22 | 6 |
| May 2023 | $987M | 3,199 | 22 | 7 |
| May 2022 | $1.01B | 2,890 | 22 | 7 |
| July 2021 | $856M | 1,269 | 21 | 2 |
Besides its headquarters, Liberty Wealth Management has 8 offices, with 9 listed addresses in California.
California · 9 listed addresses
- 411 30th Street, 2nd Floor, OaklandHQ
- 4675 Macarthur Court, Suite 590, Newport Beach
- 2404 Professional Drive, Roseville
- 485 Magnolia Ave, Larkspur
- 2009 V Street, Suite 203, Sacramento
- 586-B Wisconsin Street, San Francisco
- 1255 Treat BLVD, Suite 307, Walnut Creek
- 1900 S Norfolk Street, Suite 350, San Mateo
- 10080 N Wolfe Road, Suite 200, Cupertino
Other business names
Liberty Wealth Management has reported 1 other business name to the SEC.
- Liberty Group
Contact and registration details
- Legal name
- Liberty Wealth Management, LLC
- Headquarters
- 411 30th Street, 2nd Floor, Oakland, CA 94609
- Website
- libertygroupllc.com
- Phone
- 510-903-5489
- SEC file
- 801-112351
- Founded
- 1998
- Structure
- Delaware LLC
- Fiscal year end
- December
Liberty Wealth Management uses Fidelity ($1.18B, 99%) and Charles Schwab ($17.4M, 1%) as custodians for its separately managed accounts. Liberty Wealth Management has custody of client assets.
- FidelityFidelity Brokerage Services LLC · Los Gatos, CA · $1.18B99%
- Charles SchwabCharles Schwab Corporation · El Paso, TX · $17.4M1%
At year end, Liberty Wealth Management’s separately managed accounts were mostly in funds (76%) and stocks (13%). Its reported 13F holdings for the quarter ended 30 June 2026 total $800M across 268 positions; the largest are Dimensional ETF Trust (4.1%), Dimensional ETF Trust (3.9%) and iShares TR (3.8%).
What the accounts hold
- Stocks13%
- Funds76%
- Bonds4%
- State and local bonds2%
- U.S. government and agency bonds1%
- Investment grade corporate bonds1%
- Cash6%
- Other1%
- Private funds1%
Reported 13F holdings
- $800M
- Reported 13F value
- 268
- Positions
- 36.1%
- In the 10 largest
- +0.0%
- Value vs. prior quarter
- Dimensional ETF TrustETF4.1%
- Dimensional ETF TrustETF3.9%
- iShares TRETF3.8%
- Blackrock ETF TrustETF3.6%
- iShares Core S&P 500 · Core S&P500 ETF3.6%
- Dimensional Core Fixed · Core Fixed Incom3.6%
- Apple Inc.3.5%
- iShares TRETF3.4%
- iShares TRETF3.4%
- Dimensional ETF TrustETF3.2%
Together, the ten largest are 36.1% of reported value.
How many clients does Liberty Wealth Management have?
Liberty Wealth Management has 1,554 clients and manages $1.73 billion for them, as of September 2026. They include 995 high-net-worth individuals, 515 individual clients, and 29 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 September 2026
What services does Liberty Wealth Management offer?
Liberty Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, educational seminars, education planning, estate planning, insurance, tax planning, and tax preparation.
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 Liberty Wealth Management charge?
Liberty Wealth Management charges 0.30%–1.25% a year for its Investment Management and Supervisory Services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and requires an account of at least $50,000.
Which custodians does Liberty Wealth Management use?
Liberty Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Los Gatos, CA), with $1.18B and Charles Schwab Corporation (El Paso, TX), with $17.4M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 September 2026
How many financial advisors does Liberty Wealth Management have?
Liberty Wealth Management has 22 investment adviser representatives registered with state securities authorities, out of 43 employees, and 23 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 17 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 Liberty Wealth Management invest in?
At the end of its last fiscal year, Liberty Wealth Management’s separately managed accounts held 76% registered funds (mutual funds, ETFs, BDCs), 13% exchange-traded equities, 6% cash and equivalents, 2% state and local bonds, 1% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% other. The 1% other category is described as: Private Funds. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Liberty Wealth Management have a minimum investment?
Yes, Liberty Wealth Management’s minimum account size for its Investment Management and Supervisory Services is $50K.
Who owns Liberty Wealth Management?
Liberty Wealth Management’s direct owner is David Hollander (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 2 September 2026
How does Liberty Wealth Management get paid?
Liberty Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees, performance-based fees and other compensation. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Liberty Wealth Management registered with the SEC?
Yes, Liberty Wealth Management has been registered with the SEC as an investment adviser since 19 January 2018. Its CRD number is 286001 and its SEC file number is 801-112351.
Source: Form ADV Part 1A, Item 1, filed 2 September 2026; IAPD firm record
How do I contact Liberty Wealth Management?
Liberty Wealth Management’s main office is at 411 30th Street, 2nd Floor, Oakland, CA 94609. Its phone number is 510-903-5489. Its website is libertygroupllc.com.