{"url":"https://nivawealth.com/firms/welton-investment-partners-172452","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/172452","regulatoryAum":330020247,"crd":"172452","history":[{"filedOn":"2021-03-31","regulatoryAum":327516871,"clients":8,"employees":20,"offices":2},{"filedOn":"2022-03-31","regulatoryAum":451874821,"clients":8,"employees":20,"offices":2},{"filedOn":"2023-03-31","regulatoryAum":443475836,"clients":8,"employees":20,"offices":2},{"filedOn":"2024-03-29","regulatoryAum":440234325,"clients":8,"employees":22,"offices":2},{"filedOn":"2025-03-31","regulatoryAum":387864367,"clients":10,"employees":19,"offices":2},{"filedOn":"2026-08-28","regulatoryAum":330020247,"clients":10,"employees":18,"offices":2}],"secFileNumber":"801-80274","legalName":"Welton Investment Partners LLC","displayName":"Welton Investment Partners","slug":"welton-investment-partners-172452","website":"https://welton.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/172452/851343e16846f9a9-r1.webp","tone":"light","width":839,"height":200,"sourceUrl":"https://www.welton.com/","sourceLabel":"Welton Investment Partners LLC, website"},"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/welton/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"Eastwood Building, San Carlos Between 5th and 6th","city":"Carmel","state":"CA","stateName":"California","country":"United States","postalCode":"93921-6147"},"tradeNames":[],"registration":{"secApproved":"31 July 2014","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":18,"advisory":8,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":330020247,"discretionary":330020247,"discretionaryAccounts":7,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":40,"nonAumClients":3},"clientTypes":[{"label":"Investment companies","clients":4,"regulatoryAum":51131974},{"label":"Pooled investment vehicles","clients":6,"regulatoryAum":278888273}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Welton Investment Partners has custody of $279M in client assets for 6 clients.","leadership":[{"name":"Patrick Welton","title":"Chief Executive Officer","crd":"1884594"},{"name":"Guillaume Detrait","title":"President","crd":"6041245"},{"name":"Todd Merrell","title":"Chief Financial Officer and Chief Compliance Officer","crd":"7091758"},{"name":"Arthur Bell","title":"Director","crd":"6041249"},{"name":"Melvin Lindsey","title":"Director","crd":"1828574"},{"name":"Donald Putnam","title":"Director","crd":"1065385"},{"name":"Annette Welton","title":"Board Chair","crd":"1884590"}],"ownership":[{"label":"Welton Investment Corporation","detail":"Managing member in the 50% to 75% ownership band and a control person, since July 2014."},{"label":"Chalice Welton LLC","detail":"Member in the 10% to 25% ownership band, since July 2014."},{"label":"Nile Capital Group Fund II, LP","detail":"Member in the 10% to 25% ownership band, since January 2025."},{"label":"5th Avenue Discoveries LLC","detail":"Member in the 10% to 25% ownership band, since July 2026."},{"label":"The Welton Family Trust Dated January 28, 1992","detail":"Indirect owner: a sole shareholder of Welton Investment Corporation in the 75% or more band and a control person, since May 1997.","parent":"Welton Investment Corporation"},{"label":"Patrick Welton","detail":"Indirect owner: trustee of The Welton Family Trust Dated January 28, 1992 and a control person, since January 1992.","parent":"The Welton Family Trust Dated January 28, 1992"},{"label":"Annette Welton","detail":"Indirect owner: trustee of The Welton Family Trust Dated January 28, 1992 and a control person, since January 1992.","parent":"The Welton Family Trust Dated January 28, 1992"},{"label":"The Chalice Fund L.P.","detail":"Indirect owner: managing member of Chalice Welton LLC and a control person, since May 2014.","parent":"Chalice Welton LLC"},{"label":"Grail Partners LLC","detail":"Indirect owner: general partner of The Chalice Fund L.P. and a control person, since October 2006.","parent":"The Chalice Fund L.P."},{"label":"Donald Putnam","detail":"Indirect owner: managing partner of Grail Partners LLC and a control person, since June 2005.","parent":"Grail Partners LLC"},{"label":"Melvin Lindsey","detail":"Indirect owner: managing member of Nile Capital Group Holdings LLC and a control person, since June 2019.","parent":"Nile Capital Group Holdings LLC"},{"label":"Nile Capital Group Holdings LLC","detail":"Indirect owner: a member of Nile Capital Group Fund II, LP in the 25% to 50% band, since January 2025.","parent":"Nile Capital Group Fund II, LP"},{"label":"Steven Rosenfeld","detail":"Indirect owner: managing member of 5th Avenue Discoveries LLC and a control person, since July 2026.","parent":"5th Avenue Discoveries LLC"}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"Eastwood Building, San Carlos Between 5th and 6th","city":"Carmel","headquarters":true}]},{"state":"New York","offices":1,"addresses":[{"street":"1350 Avenue of the Americas","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"831-626-5190","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":1},"sources":{"adv1FilingDate":"28 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/172452/PDF/172452.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Welton Investment Partners have?","answer":"Welton Investment Partners has 10 clients and manages $330 million for them, as of August 2026. They include 6 pooled investment vehicles and 4 investment companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 28 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Welton Investment Partners offer?","answer":"Welton Investment Partners provides portfolio management for investment companies and portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Welton Investment Partners have?","answer":"Welton Investment Partners has 0 investment adviser representatives registered with state securities authorities, out of 18 employees, and 8 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Welton Investment Partners?","answer":"Welton Investment Partners’ direct owners are Welton Investment Corporation (50% to 75%), Chalice Welton LLC (10% to 25%), Nile Capital Group Fund II, LP (10% to 25%) and 5th Avenue Discoveries LLC (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 28 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Welton Investment Partners get paid?","answer":"Welton Investment Partners is paid through a percentage of assets under management and performance-based fees. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Welton Investment Partners registered with the SEC?","answer":"Yes, Welton Investment Partners has been registered with the SEC as an investment adviser since 31 July 2014. Its CRD number is 172452 and its SEC file number is 801-80274.","source":"Form ADV Part 1A, Item 1, filed 28 August 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Welton Investment Partners?","answer":"Welton Investment Partners’ main office is at Eastwood Building, San Carlos Between 5th and 6th, Carmel, CA 93921-6147. Its phone number is 831-626-5190. Its website is welton.com.","source":"Form ADV Part 1A, Item 1.F, filed 28 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}