DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Angeles Wealth Management, LLC
Latest filing Aug 12, 2026
First filing on the tape Dec 19, 2011 · 46 filings
SEC status approved since Jan 3, 2012
RAUM
$2.8B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
88%
$2.5B individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$281M
derived; firm RAUM over IAPD count
Employees
17
13 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
46 filings and snapshots on the tape
RAUM$2.8B as of Aug 12, 2026
Apr 1, 2013$50.2M then
HNW client RAUM$2.5B as of Aug 12, 2026
Mar 30, 2018$177M then
State-registered IARs (5.B.3)9 as of Aug 12, 2026
Apr 1, 20131 then
Employees (5.A)17 as of Aug 12, 2026
Apr 1, 20135 then
Private funds: no history
RAUM +24% over the last fiscal year+33% a year over threeIARs 6 to 9offices 2 to 3
Practice profile
derived from the filing of Aug 12, 2026; every figure names its basis
Archetypes, each a printed rule
- UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
- RAUM per advisor
- $312MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $12.2MderivedHNW RAUM over HNW clients
- Average account
- $13.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 2.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.9derivedItem 5.A over advisors
- Advisors per office
- 2.3derived4 offices incl. principal (1.F.5)
- RAUM growth, one year
- +24%derivedbetween the last two annual amendments
- Advisor growth, one year
- +50%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$2.5B88%
- Corporations and businesses$283M10%
- Charitable organizations$60.2M2.1%
- Individual clients
- n/areported
- HNW clients
- 203reported
- Pension plan clients
- n/areported
- Charitable clients
- 2reported
- Accounts
- 212reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.88 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=true bd_reps=0.0 bank_owner=falsederived
Advisors registered through the firm
9 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Jonathan Rice Foster | Santa Monica, Ca | Feb 29, 2012 | 31 y | 2 |
| Joshua Ryan Rothstein | Santa Monica, Ca | Jun 20, 2014 | 17 y | 1 |
| Ann Estelle Deaton | Houston, Tx | Jun 15, 2022 | 40 y | 4 |
| Richard Campbell Johnston NottCertified Financial Planner, Chartered Financial Analyst | Santa Monica, Ca | Mar 8, 2024 | 24 y | 5 |
| Elizabeth Cameron RogersChartered Financial Analyst | New York, Ny | May 12, 2025 | 16 y | 1 |
| Elizabeth Chloe WohlforthCertified Financial Planner | New York, Ny | Jun 9, 2025 | 10 y | 0 |
| Caroline Julia Zimmer | Santa Monica, Ca | Jun 18, 2025 | 11 y | 1 |
| Maria Kleinhans | Jupiter, Fl | Jun 18, 2025 | 17 y | 3 |
| Harry Spencer Grand | New York, Ny | May 21, 2026 | 13 y | 0 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 10% of current headcount1 left over 36 months
Left, latest
- Heather Renee Hofstetter to Oak Harvest Investment ServicesSep 15, 2026 · RIA to RIA
Joined, latest
- Caroline Julia Zimmer from Raymond James & Associates, Inc.Jun 18, 2025 · Affiliated broker-dealer or bank to independent RIA
- Maria Kleinhans from EllevestJun 18, 2025 · RIA to RIA
- Elizabeth Cameron Rogers from EllevestMay 12, 2025 · RIA to RIA
- Richard Campbell Johnston Nott from Hightower Advisors, LLCMar 8, 2024 · Affiliated broker-dealer or bank to independent RIA
- Heather Renee Hofstetter from United Capital Financial AdvisorsNov 15, 2022 · Affiliated broker-dealer or bank to independent RIA
- Ann Estelle Deaton from U.S. Capital Wealth Advisors, LLCJun 15, 2022 · Affiliated broker-dealer or bank to independent RIA
- Joshua Ryan Rothstein from Guggenheim Investment Advisors, LLCJun 20, 2014 · Other
- Jonathan Rice Foster from LPL Financial LLCFeb 29, 2012 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Rice Jonathan Foster · Ceo & Managing Membercontrolsince 11/2011 · owns 25% to 50%
- John Edward Lowndes · Ccocontrolsince 02/2023 · owns less than 5%
- David Howard Perlow · Managing Membercontrolsince 04/2001 · owns 25% to 50% of Angeles Investment Advisors
- Adam Michael Rosen · Managing Membercontrolsince 04/2001 · owns 25% to 50% of Angeles Investment Advisors
- Spencer Harry Grand · Partnersince 01/2021 · owns less than 5%
- Ryan Joshua Rothstein · Partnersince 04/2018 · owns less than 5%
- Chloe Elizabeth Wohlforth · Partnersince 01/2023 · owns less than 5%
Entity owners
- Angeles Investment Advisors · Memberdirect · owns 50% to 75%
Related persons
Schedule D 7.A
- Angeles Direct Equity Gp 1 LLCpooled vehicle sponsorn
- Angeles Direct Equity Gp 2 LLCpooled vehicle sponsorn
- Angeles Investment Advisorsinvestment adviserbankpooled vehicle sponsoryRAUM $7.3B
- Angeles Private Credit Fund Gp 2 LLCpooled vehicle sponsorn
- Angeles Private Credit Fund Gp 3 LLCpooled vehicle sponsorn
- Angeles Private Credit Fund Gp LLCpooled vehicle sponsorn
- Angeles Private Investment Company, LLCinvestment advisern
- Angeles Private Markets Gp 3 LLCpooled vehicle sponsorn
- Angeles Private Markets Gp 4 LLCpooled vehicle sponsorn
- Angeles Private Markets Gp 5 LLCpooled vehicle sponsorn
- Angeles Private Markets Gp1 LLCpooled vehicle sponsorn
- Angeles Private Markets Gp2 LLCpooled vehicle sponsorn
- Angeles Real Assets Gp 1 LLCpooled vehicle sponsorn
- Marketforce, LLCinvestment advisernRAUM $71.0M
Advisers that list Angeles Wealth Management, LLC as a related person
- 110213 y
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Santa Monica, Ca · principal | 6 | 0 | 1 | ||
| New York, Ny | 3 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- New York, NY2 employees
- Houston, TX1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- advisor count surgeChange between filings · filing Mar 31, 2026advisory representatives (Item 5.B.3) moved from 6.0 to 9.0 (+50.0%) between the annual amendments of 2025-03-27 and 2026-03-31; the peer median change was 0.0% (999 comparable advisers, 95.0th percentile of changes)peers: independent wealth managers, $1B to $5B (999) · 95% percentile
What changed
consecutive filings, newest first
- Accounts · 178 to 212Feb 19, 2026 to Mar 31, 2026
- Advisory employees · 6 to 13Feb 19, 2026 to Mar 31, 2026
- Charity clients · 1 to 2Feb 19, 2026 to Mar 31, 2026
- Corporate clients · 3 to 7Feb 19, 2026 to Mar 31, 2026
- HNW clients · 174 to 203Feb 19, 2026 to Mar 31, 2026
- Employees · 14 to 17Feb 19, 2026 to Mar 31, 2026
- Financial planning clients · 26-50 to 51-100Feb 19, 2026 to Mar 31, 2026
- State-registered IARs · 6 to 9Feb 19, 2026 to Mar 31, 2026
- Other offices · 2 to 3Feb 19, 2026 to Mar 31, 2026
- Discretionary RAUM · $2.1B to $2.7BFeb 19, 2026 to Mar 31, 2026
- HNW RAUM · $2.2B to $2.5BFeb 19, 2026 to Mar 31, 2026
- Non-discretionary RAUM · $150M to $82.7MFeb 19, 2026 to Mar 31, 2026
- RAUM · $2.3B to $2.8BFeb 19, 2026 to Mar 31, 2026
- Financial planning clients · 26-50 to 26-50Mar 27, 2025 to May 9, 2025
- Accounts · 152 to 178May 31, 2024 to Mar 27, 2025
- Corporate clients · 1 to 3May 31, 2024 to Mar 27, 2025
- HNW clients · 150 to 174May 31, 2024 to Mar 27, 2025
- Financial planning clients · 11-25 to 26-50May 31, 2024 to Mar 27, 2025
- State-registered IARs · 4 to 6May 31, 2024 to Mar 27, 2025
- Discretionary RAUM · $1.7B to $2.1BMay 31, 2024 to Mar 27, 2025
- HNW RAUM · $1.8B to $2.2BMay 31, 2024 to Mar 27, 2025
- Non-discretionary RAUM · $146M to $150MMay 31, 2024 to Mar 27, 2025
- RAUM · $1.8B to $2.3BMay 31, 2024 to Mar 27, 2025
- Accounts · 129 to 152Jan 2, 2024 to Mar 29, 2024
- HNW clients · 127 to 150Jan 2, 2024 to Mar 29, 2024
- State-registered IARs · 5 to 4Jan 2, 2024 to Mar 29, 2024
- Other offices · 3 to 2Jan 2, 2024 to Mar 29, 2024
- Discretionary RAUM · $1.1B to $1.7BJan 2, 2024 to Mar 29, 2024
- HNW RAUM · $1.2B to $1.8BJan 2, 2024 to Mar 29, 2024
- Non-discretionary RAUM · $47.4M to $146MJan 2, 2024 to Mar 29, 2024
- RAUM · $1.2B to $1.8BJan 2, 2024 to Mar 29, 2024
- Accounts · 99 to 129Feb 23, 2023 to Mar 31, 2023
- Advisory employees · 5 to 6Feb 23, 2023 to Mar 31, 2023
- Charity clients · unset to 1.0Feb 23, 2023 to Mar 31, 2023
- Corporate clients · unset to 1.0Feb 23, 2023 to Mar 31, 2023
- HNW clients · 97 to 127Feb 23, 2023 to Mar 31, 2023
- Employees · 9 to 14Feb 23, 2023 to Mar 31, 2023
- Financial planning clients · 1-10 to 11-25Feb 23, 2023 to Mar 31, 2023
- State-registered IARs · 2 to 5Feb 23, 2023 to Mar 31, 2023
- Discretionary RAUM · $985M to $1.1BFeb 23, 2023 to Mar 31, 2023
Signals
8 dated events
- Heather Renee Hofstetter left Angeles Wealth Management, LLC for Oak Harvest Investment Services (registered 2026-08-26)Sep 15, 2026 · Advisor changed firm · fact
- Angeles Wealth Management, Llc reported RAUM $2.3B, up 26% from $1.8B (2024-05-31 to 2025-03-27)Mar 27, 2025 · RAUM change · derived
- Angeles Wealth Management, Llc reported RAUM $1.8B, up 52% from $1.2B (2024-01-02 to 2024-03-29)Mar 29, 2024 · RAUM change · derived
- Thomas Stephen Smetana (Cco) no longer on Schedule A of Angeles Wealth Management, Llc (listed 2022-11-22, absent 2023-02-23)Feb 23, 2023 · Control person left · inference
- John Edward Lowndes (Cco) appeared on Schedule A of Angeles Wealth Management, LlcFeb 23, 2023 · Control person joined · fact
- Angeles Wealth Management, Llc reported RAUM $900.2M, up 86% from $483.2M (2020-06-29 to 2021-03-30)Mar 30, 2021 · RAUM change · derived
- Angeles Wealth Management, Llc reported RAUM $483.2M, up 56% from $309.1M (2019-03-28 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
- Barnes Leslie Kautz (Managing Member) no longer on Schedule A of Angeles Wealth Management, Llc (listed 2019-03-28, absent 2020-03-30)Mar 30, 2020 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business email
- admin@angelesartfund.orgreportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/angeles-investmentsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- angelesartfund.orgreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 310-393-6300reportedpublic record, Form ADV, Aug 12, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $281Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026