Westbourne Investments, Inc.

Westbourne Investments provides investment management and financial planning to individuals (including high-net-worth clients), pension/profit-sharing plans and institutions. The firm manages discretionary equity, fixed-income and ETF portfolios, offers tailored financial plans, and uses options strategies as part of client solutions; as of December 31, 2024 it reported managing about $221 million across roughly 186 client accounts and typically accepts portfolios with a $100,000 minimum.

Portfolios are built from a mix of passively managed ETFs and selected individual stocks organized into income-oriented, core, and growth allocations, with asset allocation and rebalancing decisions made after considering taxes and transaction costs. Westbourne combines top-down macro analysis with bottom-up security selection and explicitly uses options (covered calls, put-selling, long calls/puts and vertical/butterfly spreads) within approved risk levels, with option positions monitored daily and reviewed by its investment committee.

The brochure discloses several items that may differ from peers: a 2021 SEC settlement related to the firm’s failure to file and deliver its Form CRS (resulting in a cease-and-desist order, censure, and a $25,000 penalty), and that certain supervised persons are licensed insurance brokers who may recommend commissionable insurance products. It also notes a custodial relationship with Charles Schwab that provides research and other benefits to the firm, that advisory fees may be deducted directly from client accounts (limited custody) without independent fee verification by the custodian, and that the firm generally does not vote client proxies.