Westbourne Investments provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and insurance.
Westbourne Investments reports 175 clients. They include 127 individual clients, 46 high-net-worth individuals, and 2 corporations and other businesses. Of its assets, 100.0% ($276M across 393 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 73% | 13% |
| High-net-worth individuals | 26% | 78% |
| Corporations and other businesses | 1% | 9% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 127 | $37.1M | 13.4% | $292K |
| High-net-worth individuals | 46 | $214M | 77.5% | $4.66M |
| Corporations and other businesses | Fewer than 5 | $25.1M | 9.1% | $12.5M |
| Total | 175 | $276M | 100% | — |
- Clients
- 127
- Regulatory AUM
- $37.1M
- AUM share
- 13.4%
- Avg. per client
- $292K
- Clients
- 46
- Regulatory AUM
- $214M
- AUM share
- 77.5%
- Avg. per client
- $4.66M
- Clients
- Fewer than 5
- Regulatory AUM
- $25.1M
- AUM share
- 9.1%
- Avg. per client
- $12.5M
Total
- Clients
- 175
- Regulatory AUM
- $276M
- 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
- 0
Westbourne Investments is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Personal Financial Planning
- Financial planning is billed at a fixed rate; estimates are provided and a deposit is requested before work begins.
Robert Long owns 50% to 75% of Westbourne Investments. The leadership team of Westbourne Investments includes President Patrick Walsh. It has 7 employees, 5 of them in advisory roles.
Leadership
- Patrick WalshPresident/Chief Compliance Officer
- Michael DelcollianoManaging Director
- Robert LongCEO
- Rick PiconAccount Executive/Managing Director
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Aditya Bhatnagar
- Michael Carlo Delcolliano
- Robert Douglas Long
- Henry Christopher Pramov
- Patrick Matthew Walsh
Staff
- 7 employees
- 5 in advisory functions
- 5 state-registered reps
- 1 insurance agent
- 1 soliciting firm
- Owns 50% to 75% of Westbourne Investments, Inc.
Robert Long
Control person · since September 2024
- Owns 25% to 50% of Westbourne Investments, Inc.
Patrick Walsh
Control person · since June 2012
- Owns 5% to 10% of Westbourne Investments, Inc.
Rick Picon
Control person · since June 2012
Westbourne Investments’ regulatory assets grew from $189M (February 2021) to $276M (March 2026); clients fell from 217 to 175 and employees were 7 in both filings. In 2008, Ariba GLB Asset Management joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $276M | 175 | 7 | 1 |
| April 2025 | $221M | 191 | 7 | 1 |
| July 2024 | $152M | 204 | 7 | 1 |
| March 2023 | $190M | 211 | 8 | 1 |
| February 2022 | $212M | 221 | 8 | 1 |
| February 2021 | $189M | 217 | 7 | 1 |
Firms that joined
20081 joined
- Ariba GLB Asset ManagementNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Westbourne Investments has 0 offices, with 1 listed address in Virginia.
Virginia · 1 listed address
- 2121 Eisenhower Avenue, Suite 605, AlexandriaHQ
Other business names
Westbourne Investments has reported 1 other business name to the SEC.
- Ariba Asset Management
Contact and registration details
- Legal name
- Westbourne Investments, Inc.
- Headquarters
- 2121 Eisenhower Avenue, Suite 605, Alexandria, VA 22314
- Website
- westbourneinv.com
- Phone
- 703-294-6880
- SEC file
- 801-36800
- Founded
- 1990
- Structure
- Virginia corporation
- Fiscal year end
- December
Westbourne Investments uses Charles Schwab ($254M, 92%) and UBS Financial Services ($22.9M, 8%) as custodians for its separately managed accounts. Westbourne Investments does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $254M92%
- UBS Financial ServicesUBS Financial Services Inc. · Weehawken, NJ · $22.9M8%
At year end, Westbourne Investments’ separately managed accounts were mostly in stocks (60%) and funds (25%). Its reported 13F holdings for the quarter ended 30 June 2026 total $245M across 149 positions; the largest are Micron Technology Inc. (6.7%), Nvidia Corporation (4.2%) and GE Aerospace (4.1%).
What the accounts hold
- Stocks60%
- Funds25%
- Bonds2%
- U.S. government and agency bonds1%
- Investment grade corporate bonds1%
- Cash13%
Reported 13F holdings
- $245M
- Reported 13F value
- 149
- Positions
- 35.0%
- In the 10 largest
- +16.6%
- Value vs. prior quarter
- Micron Technology Inc.6.7%
- Nvidia Corporation4.2%
- GE Aerospace4.1%
- Alphabet Inc. · Cap Stk CL A3.5%
- Vertiv Holdings CO · Com CL A3.4%
- SPDR Series Trust · ST Str Blo 1 ETF3.0%
- Apple Inc.2.9%
- Amazon Com Inc.2.9%
- Microsoft Corp.2.2%
- Meta Platforms Inc. · CL A2.1%
Together, the ten largest are 35.0% of reported value.
How many clients does Westbourne Investments have?
Westbourne Investments has 175 clients and manages $276 million for them, as of March 2026. They include 127 individual clients, 46 high-net-worth individuals, and 2 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 March 2026
What services does Westbourne Investments offer?
Westbourne Investments provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Westbourne Investments use?
Westbourne Investments’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $254M and UBS Financial Services Inc. (Weehawken, NJ), with $22.9M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 March 2026
How many financial advisors does Westbourne Investments have?
Westbourne Investments has 5 investment adviser representatives registered with state securities authorities, out of 7 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Westbourne Investments invest in?
At the end of its last fiscal year, Westbourne Investments’ separately managed accounts held 60% exchange-traded equities, 25% registered funds (mutual funds, ETFs, BDCs), 13% cash and equivalents, 1% 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 Westbourne Investments?
Westbourne Investments’ direct owners are Patrick Walsh (25% to 50%), Rick Picon (5% to 10%) and Robert Long (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 29 March 2026
How does Westbourne Investments get paid?
Westbourne Investments is paid through a percentage of assets under management 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 Westbourne Investments registered with the SEC?
Yes, Westbourne Investments has been registered with the SEC as an investment adviser since 6 June 1990. Its CRD number is 37499 and its SEC file number is 801-36800.
Source: Form ADV Part 1A, Item 1, filed 29 March 2026; IAPD firm record
How do I contact Westbourne Investments?
Westbourne Investments’ main office is at 2121 Eisenhower Avenue, Suite 605, Alexandria, VA 22314. Its phone number is 703-294-6880. Its website is westbourneinv.com.