Ca Family Wealth LLC (Beverly Hills)

Name: Ca Family Wealth LLC
Address: 9465 Wilshire Blvd., Suite 840, Beverly Hills, CA, 90212
Telephone: 877-556-5550

Ca Family Wealth LLC is a large advisory firm based in Beverly Hills. It manages $433.45 million of regulatory assets for 126 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Texas.

Ca Family Wealth provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ca Family Wealth: assets under management

The assets under management (AUM) of Ca Family Wealth LLC is $433.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 155% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $433.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.44 million each.

Ca Family Wealth has custody of $29.56 million in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 33% of the total AUM. The second-largest asset type is state and local bonds, which make up 29% of the firm’s portfolio. Investments in exchange traded securities form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ca Family Wealth LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ca Family Wealth serves?

The only and largest group of clients of Ca Family Wealth is high net worth individuals with 12 clients and $396.57 million of assets under management. Among the 10 most similar advisory firms, Ca Family Wealth has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $396.57 million for 12 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Ca Family Wealth doesn't advise any private funds.

Careers at Ca Family Wealth LLC

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ca Family Wealth Holdings Llc	Managing member	1 Mar 2017	75% - 100%	82-0734070
Michelle Jumao As Macalintal	Chief compliance officer	1 Mar 2017	Other	6288084
Shannon Kathleen Mclaughlin	Chief compliance officer & chief financial officer, director of operations	1 May 2017	Other	1518897
Matthew Joseph Celenza	Managing principal	1 Jul 2017	Other	2084613
Andrea Shieh	Director of investments	1 Jul 2017	Other	4819787
Andrew G Aiello	Partner	1 Mar 2018	Other	2682863
Celenza Living Trust	Managing member	1 Oct 2018	75% - 100%	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Matthew Joseph Celenza	Managing member	1 Mar 2017	25% - 50%	2084613
Pamela Celenza	Grantor & trustee	1 Oct 2018	Other	7037066
Matthew Joseph Celenza	Grantor & trustee	1 Oct 2018	Other	2084613

Based in Beverly Hills

The principal office where Ca Family Wealth LLC performs its advisory services is located at 9465 Wilshire Blvd., Suite 840, Beverly Hills, CA 90212, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 877-556-5550. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at boulevardfw.com.