Sierra Pacific Private Wealth provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, educational seminars, education planning, estate planning, insurance, philanthropic planning, and tax planning. Financial planning was provided to 11–25 clients last fiscal year.
Sierra Pacific Private Wealth reports 290 clients. They include 251 high-net-worth individuals and 39 individual clients. Of its assets, 96.4% ($237M across 290 accounts) are managed with discretion; $8.9M across 4 accounts are not. It advised 12 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 13% | 5% |
| High-net-worth individuals | 87% | 92% |
| Pension and profit-sharing plans | Fewer than 5 | 4% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 39 | $11.6M | 4.7% | $297K |
| High-net-worth individuals | 251 | $225M | 91.7% | $898K |
| Pension and profit-sharing plans | Fewer than 5 | $8.9M | 3.6% | — |
| Total | 290 | $246M | 100% | — |
- Clients
- 39
- Regulatory AUM
- $11.6M
- AUM share
- 4.7%
- Avg. per client
- $297K
- Clients
- 251
- Regulatory AUM
- $225M
- AUM share
- 91.7%
- Avg. per client
- $898K
- Clients
- Fewer than 5
- Regulatory AUM
- $8.9M
- AUM share
- 3.6%
- Avg. per client
- —
Total
- Clients
- 290
- Regulatory AUM
- $246M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 12
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Sierra Pacific Private Wealth charges 0.50%–0.95% a year for its Asset management. 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
- Hourly fees are $250 to $350 for financial advisors; fixed fees are $4,800 (Platinum) or $5,800 (Diamond) for the two planning packages.
Zheng Wan owns 75% or more of Sierra Pacific Private Wealth. The leadership team of Sierra Pacific Private Wealth includes Chief Compliance Officer Zheng Wan. It has 7 employees, 3 of them in advisory roles.
Staff
- 7 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Sierra Pacific Private Wealth, LLC
Zheng Wan
Control person · since January 2005
Sierra Pacific Private Wealth’s regulatory assets grew 1.9× from $127M (March 2023) to $246M (February 2026); clients rose from 108 to 290 and employees from 4 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $246M | 290 | 7 | 3 |
| Mar 2025March 2025 | $213M | 130 | 5 | 3 |
| Mar 2024March 2024 | $162M | 123 | 5 | 3 |
| Mar 2023March 2023 | $127M | 108 | 4 | 3 |
Besides its headquarters, Sierra Pacific Private Wealth has 2 offices, with 3 listed addresses in 1 state.
California · 3 listed addresses
- 7077 Koll Center Parkway, Suite 120, PleasantonHQ
- 19925 Stevens Creek BLVD #100, Cupertino
- 1300 Clay Street #600, Oakland
Contact and registration details
- Legal name
- Sierra Pacific Private Wealth, LLC
- Headquarters
- 7077 Koll Center Parkway, Suite 120, Pleasanton, CA 94566
- Website
- Not reported
- Phone
- 925-223-8868
- @sierrapacificprivatewealth
- SEC file
- 801-123728
- Founded
- 2005
- Structure
- California LLC
- Fiscal year end
- December
Sierra Pacific Private Wealth’s named custodian for separately managed accounts is Charles Schwab ($220M). Sierra Pacific Private Wealth has custody of $52M for 27 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $220M100%
At year end, Sierra Pacific Private Wealth’s separately managed accounts were mostly in funds (62%) and bonds (21%).
What the accounts hold
- Stocks13%
- Exchange-traded equities7%
- Non-exchange-traded equities6%
- Funds62%
- Bonds21%
- Investment grade corporate bonds15%
- High-yield corporate bonds6%
- Cash4%
How many clients does Sierra Pacific Private Wealth have?
Sierra Pacific Private Wealth has 290 clients and manages $246 million for them, as of February 2026. They include 251 high-net-worth individuals and 39 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 February 2026
What services does Sierra Pacific Private Wealth offer?
Sierra Pacific Private Wealth provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, educational seminars, education planning, estate planning, insurance, philanthropic planning, and tax planning.
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 Sierra Pacific Private Wealth charge?
Sierra Pacific Private Wealth charges 0.50%–0.95% a year for its Asset management. The fee is billed in advance.
Source: SIERRA PACIFIC FINANCIAL ADVISORS, LLC - PART A, filed 23 February 2026
Which custodians does Sierra Pacific Private Wealth use?
Sierra Pacific Private Wealth’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $220M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 February 2026
How many financial advisors does Sierra Pacific Private Wealth have?
Sierra Pacific Private Wealth has 3 investment adviser representatives registered with state securities authorities, out of 7 employees, and 3 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 Sierra Pacific Private Wealth invest in?
At the end of its last fiscal year, Sierra Pacific Private Wealth’s separately managed accounts held 62% registered funds (mutual funds, ETFs, BDCs), 15% investment grade corporate bonds, 7% exchange-traded equities, 6% non-exchange-traded equities, 6% high-yield corporate bonds and 4% 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 Sierra Pacific Private Wealth?
Sierra Pacific Private Wealth’s direct owner is Zheng Wan (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 23 February 2026
How does Sierra Pacific Private Wealth get paid?
Sierra Pacific Private Wealth 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 Sierra Pacific Private Wealth?
Sierra Pacific Private Wealth’s main office is at 7077 Koll Center Parkway, Suite 120, Pleasanton, CA 94566. Its phone number is 925-223-8868.