Wealth Management Partners of Los Angeles

Wealth Management Partners of Los Angeles is an independent advisory firm that serves individual and high‑net‑worth clients, reporting approximately $19.4 million in discretionary assets and about 202 client relationships. The firm provides discretionary portfolio management primarily by allocating client assets to sub‑advisors and third‑party programs, and also offers financial planning and oversight of “held‑away” retirement accounts through a third‑party platform.

The firm’s investment process draws on fundamental analysis, modern portfolio theory, and technical analysis and emphasizes long‑term trading while incorporating options strategies; portfolios are customized for client objectives and reviewed at least annually. WMPLA routinely appoints and monitors sub‑advisors (including participation in programs sponsored by third‑party managers), retains discretion to hire or terminate those managers, and serves as the ongoing liaison when clients use selected third‑party managers.

Compared with peers, the firm is unusual for a solo adviser in managing more than 200 client accounts—placing it in a small minority of independent firms—and for employing derivatives (option) strategies within certain separately managed accounts, a practice not common among similar advisors. The firm also requires use of a designated custodian for execution, discloses fee‑sharing and referral arrangements with third‑party managers, and notes the adviser’s outside insurance and real‑estate activities as potential conflicts of interest.