Zermatt Wealth Partners provides portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Zermatt Wealth Partners reports 211 clients. They include 124 individual clients, 85 high-net-worth individuals and 1 pension or profit-sharing plan. Of its assets, 100.0% ($158M across 531 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 59% | 15% |
| High-net-worth individuals | 40% | 81% |
| Pension and profit-sharing plans | <1% | <1% |
| Corporations and other businesses | <1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 124 | $24.3M | 15.4% | $196K |
| High-net-worth individuals | 85 | $129M | 81.4% | $1.52M |
| Pension and profit-sharing plans | Fewer than 5 | $915K | 0.6% | $915K |
| Corporations and other businesses | Fewer than 5 | $4.25M | 2.7% | $4.25M |
| Total | 211 | $158M | 100% | — |
- Clients
- 124
- Regulatory AUM
- $24.3M
- AUM share
- 15.4%
- Avg. per client
- $196K
- Clients
- 85
- Regulatory AUM
- $129M
- AUM share
- 81.4%
- Avg. per client
- $1.52M
- Clients
- Fewer than 5
- Regulatory AUM
- $915K
- AUM share
- 0.6%
- Avg. per client
- $915K
- Clients
- Fewer than 5
- Regulatory AUM
- $4.25M
- AUM share
- 2.7%
- Avg. per client
- $4.25M
Total
- Clients
- 211
- Regulatory AUM
- $158M
- 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
Zermatt Wealth Partners is paid through a percentage of assets under management, hourly charges 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 3 other services, listed under fee details.
Fee details and sources
Other fees
- 401(k) services
- An annual fee for 401(k) consultation services, set in the advisory agreement; no rate is stated.
- Flat consultation fee
- A flat (fixed) consultation fee set by the project scope and billed in advance under the client agreement; no rate is stated.
- Hourly services
- Miscellaneous services are billed hourly at $100 to $500 per hour, depending on staff billing rates and the scope of services.
Zermatt Holdings, LLC owns 75% or more of Zermatt Wealth Partners and is in turn owned by Louis Dworsky (25–50%) and Meyer Dworsky (25–50%). The leadership team of Zermatt Wealth Partners includes President David Harris and Chief Compliance Officer David White. It has 6 employees, 4 of them in advisory roles.
Leadership
- David HarrisPresident
- David WhiteChief Compliance Officer
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Louis David Dworsky
- Andrew Marshall Jensen
Staff
- 6 employees
- 4 in advisory functions
- 4 state-registered reps
- 2 insurance agents
- Owns 75% or more of Zermatt Wealth Partners LLC
Zermatt Holdings, LLC
Control person · since June 2020
- Owns 25% to 50% of Zermatt Holdings, LLC
Louis Dworsky
Control person · since January 2018
- Owns 25% to 50% of Zermatt Holdings, LLC
Meyer Dworsky
Control person · since January 2018
Zermatt Wealth Partners’ regulatory assets grew 18.8× from $8.43M (July 2021) to $158M (July 2026); clients rose from 131 to 211 and employees fell from 7 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $158M | 211 | 6 | 2 |
| March 2025 | $116M | 127 | 6 | 2 |
| July 2024 | $150M | 539 | 7 | 2 |
| April 2023 | $90.8M | 244 | 8 | 2 |
| July 2022 | $83.3M | 222 | 8 | 3 |
| July 2021 | $8.43M | 131 | 7 | 2 |
Besides its headquarters, Zermatt Wealth Partners has 1 office, with 2 listed addresses in California and North Carolina.
California · 1 listed address
- 2251 San Diego Ave., Suite B-257, San DiegoHQ
North Carolina · 1 listed address
- 1427 Military Cuttoff RD Suite 206, Wilmington
Other business names
Zermatt Wealth Partners has reported 1 other business name to the SEC.
- Wfa Wealth Managers
Contact and registration details
- Legal name
- Zermatt Wealth Partners LLC
- Headquarters
- 2251 San Diego Ave., Suite B-257, San Diego, CA 92110
- Website
- zermattwealthpartners.com
- Phone
- 619-491-0225
- View profile
- SEC file
- 801-17502
- Structure
- North Carolina LLC
- Fiscal year end
- December
Zermatt Wealth Partners uses Charles Schwab ($38.5M) as custodian for its separately managed accounts. Zermatt Wealth Partners does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $38.5M100%
At year end, Zermatt Wealth Partners’ separately managed accounts were mostly in stocks (53%) and funds (37%).
What the accounts hold
- Stocks53%
- Funds37%
- Bonds6%
- High-yield corporate bonds3%
- U.S. government and agency bonds2%
- State and local bonds1%
- Cash3%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Zermatt Wealth Partners have?
Zermatt Wealth Partners has 211 clients and manages $158 million for them, as of July 2026. They include 124 individual clients, 85 high-net-worth individuals and 1 pension or profit-sharing plan.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 July 2026
What services does Zermatt Wealth Partners offer?
Zermatt Wealth Partners provides portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Zermatt Wealth Partners use?
Zermatt Wealth Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $38.5M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 July 2026
How many financial advisors does Zermatt Wealth Partners have?
Zermatt Wealth Partners 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 2 employees are 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 Zermatt Wealth Partners invest in?
At the end of its last fiscal year, Zermatt Wealth Partners’ separately managed accounts held 53% exchange-traded equities, 37% registered funds (mutual funds, ETFs, BDCs), 3% high-yield corporate bonds, 3% cash and equivalents, 2% U.S. government and agency bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Zermatt Wealth Partners?
Zermatt Wealth Partners is owned through a holding company by Louis and Meyer Dworsky. Its direct owner is Zermatt Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 July 2026
How does Zermatt Wealth Partners get paid?
Zermatt Wealth Partners is paid through a percentage of assets under management, hourly charges 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
How do I contact Zermatt Wealth Partners?
Zermatt Wealth Partners’ main office is at 2251 San Diego Ave., Suite B-257, San Diego, CA 92110. Its phone number is 619-491-0225. Its website is zermattwealthpartners.com.