Vantage Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, and insurance. Financial planning was provided to 51–100 clients last fiscal year.
Vantage Wealth Management reports 639 clients. They include 371 individual clients, 264 high-net-worth individuals, and 4 pension and profit-sharing plans. Of its assets, 100.0% ($1.12B across 1,888 accounts) are managed with discretion. Of its clients, 1% are outside the U.S. It advised 64 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 58% | 14% |
| High-net-worth individuals | 41% | 86% |
| 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) | 371 | $154M | 13.7% | $414K |
| High-net-worth individuals | 264 | $962M | 85.7% | $3.65M |
| Pension and profit-sharing plans | Fewer than 5 | $7.06M | 0.6% | $1.76M |
| Total | 639 | $1.12B | 100% | — |
- Clients
- 371
- Regulatory AUM
- $154M
- AUM share
- 13.7%
- Avg. per client
- $414K
- Clients
- 264
- Regulatory AUM
- $962M
- AUM share
- 85.7%
- Avg. per client
- $3.65M
- Clients
- Fewer than 5
- Regulatory AUM
- $7.06M
- AUM share
- 0.6%
- Avg. per client
- $1.76M
Total
- Clients
- 639
- Regulatory AUM
- $1.12B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 64
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Vantage Wealth Management charges 0.25%–1.00% a year for its Asset management services. Each asset band is charged at its own rate. The fee requires an account of at least $1,000,000. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.00% |
| $2M–$5M | 0.80% |
| $5M–$10M | 0.60% |
| $10M–$25M | 0.40% |
| $25M and above | 0.25% |
Fee details and sources
Other fees
- Financial Planning
- One-time plans carry a fixed fee of $0 to $30,000, ongoing planning is $0 to $50,000 a year, and as-needed advice is $300 to $800 an hour.
The leadership team of Vantage Wealth Management includes Chief Compliance Officer Sarah Kardavani. It has 9 employees, 7 of them in advisory roles.
Leadership
- Sarah KardavaniChief Compliance Officer
- David FerneliusManaging Member
- Brandy NavarroMember
- Tom O'BrienMember
- John LeeMember
- Robert StaffordMember
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
- David Val Fernelius
- Mitone Mendezona Griffiths
- John D Lee
- Brandy Michele Martinez Navarro
- Tom O'Brien
- Robert Frankland Stafford
Staff
- 9 employees
- 7 in advisory functions
- 8 state-registered reps
- 7 insurance agents
- Owns 10% to 25% of Vantage Wealth Management, LLC
David Fernelius
Control person · since February 2007
- Owns 10% to 25% of Vantage Wealth Management, LLC
Brandy Navarro
Control person · since February 2007
- Owns 10% to 25% of Vantage Wealth Management, LLC
Tom O'Brien
Control person · since July 2020
- Owns 10% to 25% of Vantage Wealth Management, LLC
John Lee
Control person · since February 2015
- Owns 10% to 25% of Vantage Wealth Management, LLC
Robert Stafford
Control person · since January 2023
Vantage Wealth Management’s regulatory assets grew 2.5× from $458M (April 2021) to $1.12B (March 2026); clients rose from 409 to 639 and employees were 9 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.12B | 639 | 9 | 1 |
| March 2025 | $897M | 620 | 9 | 1 |
| March 2024 | $607M | 550 | 9 | 1 |
| April 2023 | $546M | 711 | 9 | 1 |
| March 2022 | $489M | 517 | 10 | 2 |
| April 2021 | $458M | 409 | 9 | 2 |
Besides its headquarters, Vantage Wealth Management has 0 offices, with 1 listed address in California.
California · 1 listed address
- 66 Bovet Road, Ste. 310, San MateoHQ
Contact and registration details
- Legal name
- Vantage Wealth Management, LLC
- Headquarters
- 66 Bovet Road, Ste. 310, San Mateo, CA 94402
- Website
- vantagewealthmgmt.com
- Phone
- 650-638-9600
- SEC file
- 801-70921
- Founded
- 2007
- Structure
- California LLC
- Fiscal year end
- December
Vantage Wealth Management uses SEI Private Trust ($1.05B) as custodian for its separately managed accounts. Vantage Wealth Management does not have custody of client assets.
- SEI Private TrustSEI Private Trust Company · Oaks, PA · $1.05B100%
At year end, Vantage Wealth Management’s separately managed accounts were mostly in funds (67%) and stocks (26%).
What the accounts hold
- Stocks26%
- Funds67%
- Bonds4%
- State and local bonds3%
- Investment grade corporate bonds1%
- Cash3%
How many clients does Vantage Wealth Management have?
Vantage Wealth Management has 639 clients and manages $1.12 billion for them, as of March 2026. They include 371 individual clients, 264 high-net-worth individuals, and 4 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 March 2026
What services does Vantage Wealth Management offer?
Vantage Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, and insurance.
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 Vantage Wealth Management charge?
Vantage Wealth Management charges 0.25%–1.00% a year for its Asset management services. Each asset band is charged at its own rate. The fee requires an account of at least $1,000,000.
Source: VANTAGE WEALTH MANAGEMENT INVESTMENT ADVISORY SERVICES, filed 13 March 2026
Which custodians does Vantage Wealth Management use?
Vantage Wealth Management’s separately managed account assets are held at SEI Private Trust Company (Oaks, PA), with $1.05B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 March 2026
How many financial advisors does Vantage Wealth Management have?
Vantage Wealth Management has 8 investment adviser representatives registered with state securities authorities, out of 9 employees, and 7 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 Vantage Wealth Management invest in?
At the end of its last fiscal year, Vantage Wealth Management’s separately managed accounts held 67% registered funds (mutual funds, ETFs, BDCs), 26% exchange-traded equities, 3% state and local bonds, 3% cash and equivalents and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Vantage Wealth Management have a minimum investment?
Yes, Vantage Wealth Management’s minimum account size for its Asset management services is $1M.
Source: VANTAGE WEALTH MANAGEMENT INVESTMENT ADVISORY SERVICES, filed 13 March 2026
Who owns Vantage Wealth Management?
Vantage Wealth Management’s direct owners are David Fernelius, Brandy Navarro, Tom O'Brien, John Lee and Robert Stafford, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 13 March 2026
How does Vantage Wealth Management get paid?
Vantage 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 Vantage Wealth Management registered with the SEC?
Yes, Vantage Wealth Management has been registered with the SEC as an investment adviser since 4 January 2010. Its CRD number is 152374 and its SEC file number is 801-70921.
Source: Form ADV Part 1A, Item 1, filed 13 March 2026; IAPD firm record
How do I contact Vantage Wealth Management?
Vantage Wealth Management’s main office is at 66 Bovet Road, Ste. 310, San Mateo, CA 94402. Its phone number is 650-638-9600. Its website is vantagewealthmgmt.com.