Weatherly Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, publishing newsletters, education planning, estate planning, family office services, insurance, philanthropic planning, and tax planning. Financial planning was provided to 26–50 clients last fiscal year.
Weatherly Asset Management reports 381 clients. They include 281 high-net-worth individuals, 90 individual clients, and 5 pension and profit-sharing plans. Of its assets, 99.2% ($1.66B across 1,318 accounts) are managed with discretion; $13.1M across 30 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 24% | 2% |
| High-net-worth individuals | 74% | 94% |
| Pension and profit-sharing plans | 1% | 3% |
| 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) | 90 | $38.7M | 2.3% | $429K |
| High-net-worth individuals | 281 | $1.58B | 94.4% | $5.64M |
| Pension and profit-sharing plans | 5 | $45.7M | 2.7% | $9.13M |
| Charitable organizations | Fewer than 5 | $3.54M | 0.2% | $1.18M |
| Corporations and other businesses | Fewer than 5 | $5.37M | 0.3% | $2.69M |
| Total | 381 | $1.68B | 100% | — |
- Clients
- 90
- Regulatory AUM
- $38.7M
- AUM share
- 2.3%
- Avg. per client
- $429K
- Clients
- 281
- Regulatory AUM
- $1.58B
- AUM share
- 94.4%
- Avg. per client
- $5.64M
- Clients
- 5
- Regulatory AUM
- $45.7M
- AUM share
- 2.7%
- Avg. per client
- $9.13M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.54M
- AUM share
- 0.2%
- Avg. per client
- $1.18M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.37M
- AUM share
- 0.3%
- Avg. per client
- $2.69M
Total
- Clients
- 381
- Regulatory AUM
- $1.68B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Weatherly Asset Management charges 0.15%–1.00% for its Asset Management. The brochure does not state whether the rate is annual. The fee is billed in advance, is negotiable and has a $10,000 annual minimum. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Annuity account management
- Management of an annuity account held at a qualified custodian is charged 0.25% of market value, payable quarterly in advance.
- Assets Under Advisement
- Advisement of client assets not under WAM discretion is charged 0.20% of market value, payable quarterly, with a minimum fee of $750 per quarter.
- Family office services
- Family office services may be provided for a fixed fee negotiated with the client; the brochure gives no rate.
Carolyn Taylor owns 50% to 75% of Weatherly Asset Management. The leadership team of Weatherly Asset Management includes Chief Compliance Officer Carolyn Taylor. It has 16 employees, 10 of them in advisory roles.
Leadership
- Carolyn TaylorLimited Partner, Chief Compliance Officer
- Lindsey ThompsonDirector of Strategy & Resources, Partner
- Brenton ArmstrongWealth Management Advisor, Partner
- Kelli BurgerWealth Management Advisor, Partner
- Brooke KellyWealth Management Advisor, Partner
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
- Brenton Boyle Armstrong
- Aubrey McKee Brown
- Kelli Marie Burger
- Sally Hisako Eisenberg
- Chase Samuel Hayhurst
- Brooke Boone Kelly
- Martin Gabriel Rascon Jr.
- Ryan Anthony Richardson
- Andrea Taylor
- Carolyn Person Taylor
Staff
- 16 employees
- 10 in advisory functions
- 11 state-registered reps
- 1 soliciting firm
- Owns 50% to 75% of Weatherly Asset Management LP
Carolyn Taylor
Control person · since December 1994
- Owns 5% to 10% of Weatherly Asset Management LP
Brenton Armstrong
since January 2024
- Owns 5% to 10% of Weatherly Asset Management LP
Kelli Burger
since January 2024
- Owns 5% to 10% of Weatherly Asset Management LP
Lindsey Thompson
since January 2024
- Owns 5% to 10% of Weatherly Asset Management LP
Brooke Kelly
since January 2025
Weatherly Asset Management’s regulatory assets grew 1.6× from $1.03B (March 2021) to $1.68B (February 2026); clients rose from 355 to 381 and employees from 13 to 16.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $1.68B | 381 | 16 | 1 |
| March 2025 | $1.5B | 374 | 15 | 1 |
| February 2024 | $1.27B | 365 | 14 | 1 |
| February 2023 | $1.01B | 365 | 15 | 1 |
| March 2022 | $1.22B | 372 | 14 | 1 |
| March 2021 | $1.03B | 355 | 13 | 1 |
Besides its headquarters, Weatherly Asset Management has 0 offices, with 1 listed address in California.
California · 1 listed address
- 832 Camino Del Mar, Suite 4, Del MarHQ
Contact and registration details
- Legal name
- Weatherly Asset Management LP
- Headquarters
- 832 Camino Del Mar, Suite 4, Del Mar, CA 92014
- Website
- weatherlyassetmgt.com
- Phone
- 858-259-4507
- @weatherly-asset-management
- SEC file
- 801-48177
- Founded
- 1994
- Structure
- California limited partnership
- Fiscal year end
- December
Weatherly Asset Management uses Fidelity ($1.54B) as custodian for its separately managed accounts. Weatherly Asset Management has custody of $962M in client assets for 340 clients.
- FidelityNational Financial Services LLC · Boston, MA · $1.54B100%
At year end, Weatherly Asset Management’s separately managed accounts were mostly in stocks (62%) and funds (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.4B across 188 positions; the largest are Eli Lilly & CO (23.2%), Apple Inc. (6.5%) and Amazon Com Inc. (3.6%).
What the accounts hold
- Stocks62%
- Funds24%
- Bonds9%
- State and local bonds5%
- U.S. government and agency bonds3%
- Investment grade corporate bonds1%
- Cash4%
Filed values cover 99%. The neutral 1% gap has no reported category.
Reported 13F holdings
- $1.4B
- Reported 13F value
- 188
- Positions
- 51.1%
- In the 10 largest
- +13.6%
- Value vs. prior quarter
- Eli Lilly & CO23.2%
- Apple Inc.6.5%
- Amazon Com Inc.3.6%
- Palo Alto Networks Inc.3.2%
- Fidelity Merrimack Str TR3.0%
- J P Morgan Exchange Traded F2.6%
- Microsoft Corp.2.5%
- Alphabet Inc.2.5%
- Netflix Inc..2.0%
- J P Morgan Exchange Traded F2.0%
Together, the ten largest are 51.1% of reported value.
How many clients does Weatherly Asset Management have?
Weatherly Asset Management has 381 clients and manages $1.68 billion for them, as of February 2026. They include 281 high-net-worth individuals, 90 individual clients, and 5 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 February 2026
What services does Weatherly Asset Management offer?
Weatherly Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, publishing newsletters, education planning, estate planning, family office services, 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 Weatherly Asset Management charge?
Weatherly Asset Management charges 0.15%–1.00% for its Asset Management. The brochure does not state whether the rate is annual. The fee is billed in advance, is negotiable and has a $10,000 annual minimum.
Which custodians does Weatherly Asset Management use?
Weatherly Asset Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $1.54B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 February 2026
How many financial advisors does Weatherly Asset Management have?
Weatherly Asset Management has 11 investment adviser representatives registered with state securities authorities, out of 16 employees, and 10 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 Weatherly Asset Management invest in?
At the end of its last fiscal year, Weatherly Asset Management’s separately managed accounts held 62% exchange-traded equities, 24% registered funds (mutual funds, ETFs, BDCs), 5% state and local bonds, 4% cash and equivalents, 3% U.S. government and agency bonds 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
Who owns Weatherly Asset Management?
Weatherly Asset Management’s direct owners are Carolyn Taylor (50% to 75%), Brenton Armstrong (5% to 10%), Kelli Burger (5% to 10%), Lindsey Thompson (5% to 10%) and Brooke Kelly (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 February 2026
How does Weatherly Asset Management get paid?
Weatherly Asset Management is paid through a percentage of assets under management, fixed fees and other compensation. 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 Weatherly Asset Management registered with the SEC?
Yes, Weatherly Asset Management has been registered with the SEC as an investment adviser since 10 January 1995. Its CRD number is 106935 and its SEC file number is 801-48177.
Source: Form ADV Part 1A, Item 1, filed 25 February 2026; IAPD firm record
How do I contact Weatherly Asset Management?
Weatherly Asset Management’s main office is at 832 Camino Del Mar, Suite 4, Del Mar, CA 92014. Its phone number is 858-259-4507. Its website is weatherlyassetmgt.com.