Western Pacific Wealth Management, LP

Western Pacific Wealth Management, LP provides discretionary investment management primarily to high‑net‑worth individuals, foundations, and donor‑advised funds, managing about $205 million across roughly 32 client relationships. Services focus on portfolio management delivered via separate accounts, development of investment policy statements, and selection and oversight of outside managers.

The firm follows a long‑term, equity‑oriented investment philosophy and implements a global dividend strategy with a track record reported back to 2004, while typically using outside managers chosen through a formal research and monitoring process. It also offers specialized solutions, including segregated Artificial Intelligence exposure accounts—where pre‑investment research is limited to confirming significant AI exposure and current profitability—and will at times buy short‑term Treasury securities directly to avoid outside manager fees.

Distinctive features include a relatively small client base with high average account sizes and discretionary authority over most accounts, a tendency toward concentrated portfolios (fewer holdings than benchmark indices), and an explicit policy not to vote client proxies (clients receive proxy materials directly). The firm participates in an institutional custody program that provides research and soft‑dollar benefits and discloses negotiation of fees and potential conflicts of interest related to fee structures.