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Salem Partners Wealth Management, LLC

Updated today

Client assets under management

$1,496,918,465

Clients

46

100% high-net worth

Advisors

4

of 8 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

12

Very Low

Average account size

$32,541,706

About

Salem Partners Wealth Management provides discretionary investment advisory and financial planning services primarily to high‑net‑worth individuals, families, trusts and institutional clients, generally requiring a $10 million account minimum (subject to waiver). The firm charges asset‑based fees and manages over $1.5 billion across a relatively small client base rather than serving a large population of smaller, non‑HNW individual clients.

Investment programs are built around a client‑specific Investment Policy Statement and implemented across equities, fixed income, ETFs, mutual funds and alternative investments, with formal rebalancing at least annually and weekly Investment Committee oversight. The firm applies fundamental valuation metrics and macro indicators in security selection and typically custodians and executes trades through Schwab Institutional.

The brochure discloses an affiliation with a FINRA‑registered broker‑dealer and notes several principals serve as registered representatives who are estimated to spend roughly 50–75% of their time in that capacity; as a result, the firm may recommend private placements offered by the affiliate only to clients who opt in and approve such investments on a non‑discretionary basis. Salem Partners also accepts and manages atypical, less‑liquid assets — including private‑company interests, private equity/venture investments, real estate and entertainment royalty/copyright streams — and describes internal suitability and disclosure procedures to address related conflicts.

Client services

Financial planning Portfolio management

Expertise

Private / alternative investments Real estate investing

Fee options

Percentage

$0 - $10,000,000: 1.00% $10,000,001 - $30,000,000: 0.90% $30,000,001 - $50,000,000: 0.75% $50,000,001+: 0.50%

Other

Account minimum: $10,000,000

Main office location

Salem Partners Wealth Management, LLC

11111 Santa Monica Blvd, Suite 2250

Los Angeles CA 90025, United States

Number of offices

2

Most active in

California · Massachusetts · New York · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Erik R

CFA®, Series 66

Los Angeles, CA

Salem Partners Wealth Management, LLC

Erik Ridgley is a CFA® charterholder and holds a Series 66 license with 20 years of industry experience. He has been with Salem Partners Wealth Management, LLC since 2018 and previously worked at Citigroup Global Markets Inc. for 11 years. Salem Partners Wealth Management provides discretionary investment supervisory and portfolio management services to high-net-worth individuals, families, trusts, and other entities. The firm manages approximately $413 million, focusing on sizable accounts with customized, diversified portfolios and a disciplined investment process that includes fundamental valuation and risk monitoring.

Private / alternative investments Real estate investing
user avatar

Aleksandr K

Series 65

Los Angeles, CA

Salem Partners Wealth Management, LLC

Aleksandr Keyfes is a financial advisor at Salem Partners Wealth Management, LLC with seven years of industry experience. He holds a Series 65 designation and has been with Salem Partners since 2010. Salem Partners Wealth Management provides discretionary investment supervisory and portfolio management services primarily to high-net-worth individuals, families, trusts, and other entities. The firm manages approximately $413 million and focuses on sizable accounts, typically with a minimum of $10 million, offering customized portfolios that include a range of traditional and alternative investments.

Private / alternative investments Real estate investing
user avatar

Goli K

Series 63, Series 65

Los Angeles, CA

Salem Partners Wealth Management, LLC

Goli Kamangar is a financial advisor at Salem Partners Wealth Management, LLC with 30 years of industry experience. He holds Series 63 and Series 65 licenses and has been with Salem Partners since 2006. In addition to his advisory role, Kamangar serves as an officer and director of oOR Licensing Receivables, Inc., a factoring receivables business. Salem Partners Wealth Management provides discretionary investment supervisory and portfolio management services primarily to high-net-worth individuals, families, trusts, and other entities. The firm manages approximately $413 million, focusing on sizable accounts and offering customized, diversified portfolios that include traditional and alternative investments.

Private / alternative investments Real estate investing
user avatar

William W

Series 63

Los Angeles, CA

Salem Partners Wealth Management, LLC

William Witte is a financial advisor with Salem Partners Wealth Management, LLC in Los Angeles, CA, holding a Series 63 designation and bringing 29 years of industry experience. He has been with Salem Partners and its wealth management division since 2012. Salem Partners Wealth Management provides discretionary portfolio management services primarily to high-net-worth individuals, families, trusts, and other entities, managing approximately $413 million. The firm focuses on sizable accounts, typically with a minimum of $10 million, and implements customized, diversified investment strategies that include equities, fixed income, alternative investments, and private placements.

Private / alternative investments Real estate investing
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