Western Financial provides financial planning, portfolio management for individuals and small businesses, estate planning, retirement plan services, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Western Financial reports 180 clients. They include 104 high-net-worth individuals, 67 individual clients, and 9 pension and profit-sharing plans. Of its assets, 100.0% ($414M across 483 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 37% | 3% |
| High-net-worth individuals | 58% | 86% |
| Pension and profit-sharing plans | 5% | 3% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | 8% |
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) | 67 | $11M | 2.7% | $165K |
| High-net-worth individuals | 104 | $358M | 86.3% | $3.44M |
| Pension and profit-sharing plans | 9 | $13.3M | 3.2% | $1.48M |
| Charitable organizations | Fewer than 5 | $1.24M | 0.3% | — |
| Corporations and other businesses | Fewer than 5 | $31.2M | 7.5% | — |
| Total | 180 | $414M | 100% | — |
- Clients
- 67
- Regulatory AUM
- $11M
- AUM share
- 2.7%
- Avg. per client
- $165K
- Clients
- 104
- Regulatory AUM
- $358M
- AUM share
- 86.3%
- Avg. per client
- $3.44M
- Clients
- 9
- Regulatory AUM
- $13.3M
- AUM share
- 3.2%
- Avg. per client
- $1.48M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.24M
- AUM share
- 0.3%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $31.2M
- AUM share
- 7.5%
- Avg. per client
- —
Total
- Clients
- 180
- Regulatory AUM
- $414M
- 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
- 1–10
Western Financial charges 0.30%–2.00% a year for its Customized Portfolio Management (CPM) Services. Each asset band is charged at its own rate. The fee is billed in advance. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 2.00% |
| $250K–$500K | 1.50% |
| $500K–$1M | 1.25% |
| $1M–$5M | 1.00% |
| $5M–$10M | 0.50% |
| $10M and above | 0.30% |
Fee details and sources
Other fees
- Financial planning and consulting
- For clients under $250,000, fixed fees typically range from $1,200 to $5,000 or hourly fees from $150 to $500, with a $1,000 minimum; included in the advisory fee above $250,000.
Richard S. Levenson Trust U/A 12/02/2014 owns 75% or more of Western Financial. The leadership team of Western Financial includes President Richard Levenson. It has 6 employees, 2 of them in advisory roles.
Staff
- 6 employees
- 2 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Western Financial Corporation
Richard S. Levenson Trust U/A 12/02/2014
Control person · since April 2015
Western Financial’s regulatory assets grew 1.9× from $224M (July 2021) to $414M (September 2026); clients rose from 159 to 180 and employees were 6 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $414M | 180 | 6 | 3 |
| Jul 2025July 2025 | $282M | 157 | 6 | 2 |
| Nov 2023November 2023 | $200M | 165 | 5 | 1 |
| Jan 2023January 2023 | $201M | 176 | 6 | 1 |
| Nov 2021November 2021 | $254M | 164 | 6 | 1 |
| Jul 2021July 2021 | $224M | 159 | 6 | 1 |
Besides its headquarters, Western Financial has 2 offices (2 private residences, listed without an address), with 1 listed address in 1 state.
California · 1 listed address
- 13400 Sabre Springs Parkway, Ste. 170, San DiegoHQ
Contact and registration details
- Legal name
- Western Financial Corporation
- Headquarters
- 13400 Sabre Springs Parkway, Ste. 170, San Diego, CA 92128
- Website
- westfincorp.com
- Phone
- 619-544-0260
- @western-financial-corp
- SEC file
- 801-117841
- Founded
- 1971
- Structure
- California corporation
- Fiscal year end
- September
Western Financial’s named custodian for separately managed accounts is Charles Schwab ($393M). Western Financial has custody of $245M for 134 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $393M100%
At year end, Western Financial’s separately managed accounts were mostly in stocks (72%) and funds (20%). Its reported 13F holdings for the quarter ended 30 June 2026 total $341M across 132 positions; the largest are Arrowhead Pharmaceuticals IN (19.6%), Enterprise Finl Svcs Corp. (11.1%) and Intel Corp. (5.2%).
What the accounts hold
- Stocks72%
- Exchange-traded equities71%
- Non-exchange-traded equities1%
- Funds20%
- Bonds4%
- Cash4%
How many clients does Western Financial have?
Western Financial has 180 clients and manages $414 million for them, as of September 2026. They include 104 high-net-worth individuals, 67 individual clients, and 9 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 September 2026
What services does Western Financial offer?
Western Financial provides financial planning, portfolio management for individuals and small businesses, estate planning, retirement plan services, 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 Western Financial charge?
Western Financial charges 0.30%–2.00% a year for its Customized Portfolio Management (CPM) Services. Each asset band is charged at its own rate. The fee is billed in advance.
Which custodians does Western Financial use?
Western Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $393M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 September 2026
How many financial advisors does Western Financial have?
Western Financial has 3 investment adviser representatives registered with state securities authorities, out of 6 employees, and 2 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 Western Financial invest in?
At the end of its last fiscal year, Western Financial’s separately managed accounts held 71% exchange-traded equities, 20% registered funds (mutual funds, ETFs, BDCs), 4% U.S. government and agency bonds, 4% cash and equivalents and 1% non-exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Western Financial?
Western Financial’s direct owner is Richard S. Levenson Trust U/A 12/02/2014 (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 September 2026
How does Western Financial get paid?
Western Financial is paid through a percentage of assets under management. 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 Western Financial?
Western Financial’s main office is at 13400 Sabre Springs Parkway, Ste. 170, San Diego, CA 92128. Its phone number is 619-544-0260. Its website is westfincorp.com.
