Woodward Diversified Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and selecting other managers. The firm advises 12 private funds.
Woodward Diversified Capital reports 451 clients. They include 285 individual clients, 111 high-net-worth individuals, and 22 pension and profit-sharing plans. Of its assets, 100.0% ($610M across 438 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $391M. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 63% | 4% |
| High-net-worth individuals | 25% | 54% |
| Pooled investment vehicles | 2% | 36% |
| Pension and profit-sharing plans | 5% | 3% |
| Charitable organizations | 2% | <1% |
| Other client typesCorporations and other businesses | 3% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 285 | $25.5M | 4.2% | $89.4K |
| High-net-worth individuals | 111 | $332M | 54.4% | $2.99M |
| Pooled investment vehicles | 11 | $218M | 35.8% | $19.8M |
| Pension and profit-sharing plans | 22 | $20.6M | 3.4% | $934K |
| Charitable organizations | 9 | $5.72M | 0.9% | $635K |
| Corporations and other businesses | 13 | $7.85M | 1.3% | $604K |
| Total | 451 | $610M | 100% | $1.35M |
- Clients
- 285
- Regulatory AUM
- $25.5M
- AUM share
- 4.2%
- Avg. per client
- $89.4K
- Clients
- 111
- Regulatory AUM
- $332M
- AUM share
- 54.4%
- Avg. per client
- $2.99M
- Clients
- 11
- Regulatory AUM
- $218M
- AUM share
- 35.8%
- Avg. per client
- $19.8M
- Clients
- 22
- Regulatory AUM
- $20.6M
- AUM share
- 3.4%
- Avg. per client
- $934K
- Clients
- 9
- Regulatory AUM
- $5.72M
- AUM share
- 0.9%
- Avg. per client
- $635K
- Clients
- 13
- Regulatory AUM
- $7.85M
- AUM share
- 1.3%
- Avg. per client
- $604K
Total
- Clients
- 451
- Regulatory AUM
- $610M
- AUM share
- 100%
- Avg. per client
- $1.35M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 12
- Financial planning clients last fiscal year
- 0
Woodward Diversified Capital charges 0.90%–1.25% a year for its Portfolio management (wrap fee program). The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Financial planning and consulting fees are hourly, fixed or project-based, billed in advance monthly or quarterly, and generally do not exceed $20,000 annually.
- Retirement Plan Sponsor Services
- Plan sponsor consulting fees are a flat rate, an hourly rate or a percentage of plan assets, generally payable quarterly in arrears.
Gabriel Woodward owns 25% to 50% of Woodward Diversified Capital. The leadership team of Woodward Diversified Capital includes Chief Compliance Officer Thomas Woodward. It has 6 employees, 4 of them in advisory roles.
Leadership
- Thomas WoodwardPartner, Chief Compliance Officer
- Gabriel WoodwardPartner
- Beau WoodwardPartner
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- Caleb James Richmond
- Beau Thomas Woodward
- Gabriel Thomas Woodward
- Thomas Dorsey Woodward
Staff
- 6 employees
- 4 in advisory functions
- 4 state-registered reps
- 1 insurance agent
- Owns 25% to 50% of Woodward Diversified Capital, LLC
Gabriel Woodward
Control person · since October 2019
- Owns 25% to 50% of Woodward Diversified Capital, LLC
Beau Woodward
Control person · since October 2019
- Owns 25% to 50% of Woodward Diversified Capital, LLC
Thomas Woodward
Control person · since October 2019
Woodward Diversified Capital’s regulatory assets grew 1.6× from $390M (July 2021) to $610M (September 2026); clients rose from 327 to 451 and employees from 3 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $610M | 451 | 6 | 1 |
| April 2025 | $571M | 426 | 6 | 1 |
| March 2024 | $508M | 389 | 5 | 1 |
| June 2023 | $476M | 315 | 5 | 1 |
| March 2022 | $391M | 335 | 3 | 1 |
| July 2021 | $390M | 327 | 3 | 1 |
Besides its headquarters, Woodward Diversified Capital has 0 offices, with 1 listed address in California.
California · 1 listed address
- 5401 Business Park South, #217, BakersfieldHQ
Contact and registration details
- Legal name
- Woodward Diversified Capital, LLC
- Headquarters
- 5401 Business Park South, #217, Bakersfield, CA 93309
- Phone
- 661-498-7500
- SEC file
- 801-117741
- Structure
- California LLC
- Fiscal year end
- December
Woodward Diversified Capital uses Folio Investments ($231M, 59%) and Wells Fargo Clearing Services ($160M, 41%) as custodians for its separately managed accounts. Woodward Diversified Capital has custody of $218M in client assets for 11 clients.
- Wells Fargo Clearing ServicesWells Fargo Clearing Services, LLC · St. Louis, MO · $160M41%
- Folio InvestmentsFolio Investments, Inc. · McLean, VA · $231M59%
At year end, Woodward Diversified Capital’s separately managed accounts were mostly in stocks (63%) and funds (19%). Its reported 13F holdings for the quarter ended 30 June 2026 total $227M across 181 positions; the largest are Reliance Inc. (12.9%), Apple Inc. (6.2%) and Chevron Corporation (3.2%).
What the accounts hold
- Stocks63%
- Exchange-traded equities62%
- Non-exchange-traded equities1%
- Funds19%
- Bonds2%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash15%
- Other1%
- Derivatives and alts1%
Reported 13F holdings
- $227M
- Reported 13F value
- 181
- Positions
- 39.6%
- In the 10 largest
- +3.1%
- Value vs. prior quarter
- Reliance Inc.12.9%
- Apple Inc.6.2%
- Chevron Corporation3.2%
- Nvidia Corporation3.2%
- Genelux Corporation3.0%
- Wells Fargo & CO2.8%
- Alphabet Inc. · Cap Stk CL A2.2%
- Proshares TR · Pshs Ultra Qqq2.2%
- Amazon Com Inc.2.1%
- Johnson & Johnson1.7%
Together, the ten largest are 39.6% of reported value.
How many clients does Woodward Diversified Capital have?
Woodward Diversified Capital has 451 clients and manages $610 million for them, as of September 2026. They include 285 individual clients, 111 high-net-worth individuals, and 22 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 September 2026
What services does Woodward Diversified Capital offer?
Woodward Diversified Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Woodward Diversified Capital charge?
Woodward Diversified Capital charges 0.90%–1.25% a year for its Portfolio management (wrap fee program). The fee is billed in advance and is negotiable.
Source: WOODWARD DIVERSIFIED CAPITAL WRAP BROCHURE, filed 2 September 2026
Which custodians does Woodward Diversified Capital use?
Woodward Diversified Capital’s separately managed account assets are held at Folio Investments, Inc. (McLean, VA), with $231M and Wells Fargo Clearing Services, LLC (St. Louis, MO), with $160M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 September 2026
How many financial advisors does Woodward Diversified Capital have?
Woodward Diversified Capital has 4 investment adviser representatives registered with state securities authorities, out of 6 employees, and 4 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 Woodward Diversified Capital invest in?
At the end of its last fiscal year, Woodward Diversified Capital’s separately managed accounts held 62% exchange-traded equities, 19% registered funds (mutual funds, ETFs, BDCs), 15% cash and equivalents, 1% non-exchange-traded equities, 1% state and local bonds, 1% investment grade corporate bonds and 1% other. The 1% other category is described as: Derivatives and Alts. It advises 12 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Woodward Diversified Capital?
Woodward Diversified Capital’s direct owners are Gabriel Woodward, Beau Woodward and Thomas Woodward, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 22 September 2026
How does Woodward Diversified Capital get paid?
Woodward Diversified Capital is paid through a percentage of assets under management, hourly charges, fixed fees 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
How do I contact Woodward Diversified Capital?
Woodward Diversified Capital’s main office is at 5401 Business Park South, #217, Bakersfield, CA 93309. Its phone number is 661-498-7500. Its website is woodwarddiversifiedcapital.com.