Westend Capital Management, Llc.
- Regulatory AUM
- $436M
- Discretionary
- $432M
- Clients
- 331
- Avg AUM / client
- $1.3M
- Accounts
- 470
- Employees
- 5
AUM over time
Annual snapshots from Form ADV filings · as of Mar 18, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 166 | $58.8M | 13.5% |
| High net worth individuals | 157 | $368M | 84.4% |
| Pooled investment vehicles (non-investment companies) | 1 | $1.1M | 0.24% |
| Pension and profit sharing plans | 4 | $6.2M | 1.42% |
| Charitable organizations | 3 | $2.1M | 0.48% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Aug 2024 · $3.5M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Westend Partners, L.P. | Hedge Fund | California | $3.5M | 23 |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Gustave Robert Ozag | Member, Chief Financial Planning Officer | CFP Chartered Financial Consultant | Apr 2002 (24y) | 25% – 50% |
| George Brown Bolton | Chief Investment Officer | Apr 2004 (22y) | ≈ 18.75% – 50% via Bolton Holdings Llc | |
| Elliman, George | Member, Chief Financial Officer, Director Of Business Development And Chief Compliance Officer | Jan 2015 (12y) | 10% – 25% | |
| Jacey Brianne West | Registered representative | Jun 2023 (3y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Bolton Holdings Llc | Member | Sep 2009 | A | 25% – 50% |
Undisclosed: 0% – 40% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- George Brown Bolton: 75% – 100% of Bolton Holdings Llc × 25% – 50% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $3.5M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Westend Partners, L.P. | Hedge Fund | $3.5M | $500K | 23 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/18/2026 | 1.24 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: ON 9/17/14, THE SEC ISSUED AN ORDER ACCEPTING AN OFFER OF SETTLEMENT FROM WCM. WITHOUT ADMITTING OR DENYING THE FINDINGS, WCM CONSENTED TO THE ENTRY OF AN ORDER THAT IT VIOLATED SECTIONS 204, AND 206(4) OF THE ADVISERS ACT AND RULES 204-2(A)(1), (2), (6) (7)(II), AND 206(4)-7 WHICH RELATE TO THE DUTY TO MAINTAIN CERTAIN REQUIRED BOOKS AND RECORDS, TO ADOPT AND IMPLEMENT WRITTEN POLICIES AND PROCEDURES REASONABLY DESIGNED TO PREVENT VIOLATIONS OF THE ADVISERS ACT AND ITS RULES AND TO REVIEW AT LEAST ANNUALLY ITS WRITTEN POLICIES AND PROCEDURES AND THE EFFECTIVENESS OF THEIR IMPLEMENTATION. THE ORDER ALSO FOUND THAT WCM FAILED TO REASONABLY SUPERVISE A FORMER MEMBER OF THE FIRM WITHIN THE MEANING OF SECTION 203(E)(6) OF THE ADVISERS ACT WITH RESPECT TO THE PAYMENT OF EXCESSIVE MANAGEMENT FEES FROM A HEDGE FUND OF WHICH WCM IS THE GENERAL PARTNER. THE ORDER ALSO ALLEGED THAT A VIOLATION OF SECTION 207 RESULTED FROM THE INCLUSION OF AN UNTRUE STATEMENT IN THE FIRM'S FORM ADV WITH RESPECT TO THE CALCULATION OF THE PAYMENT OF THE HEDGE FUND MANAGEMENT FEES. Status: Final Sanction Detail: FINE PAID ON SEPTEMBER 22, 2014. CONSULTANT INITIALLY ENGAGED IN DECEMBER 2011 AND RE-ENGAGED IN SEPTEMBER 2014 FOLLOWING ISSUANCE OF THE SEC ORDER Summary: ON 9/17/14, THE SEC ISSUED AN ORDER ACCEPTING AN OFFER OF SETTLEMENT FROM WCM. WITHOUT ADMITTING OR DENYING THE FINDINGS, WCM CONSENTED TO THE ENTRY OF AN ORDER THAT IT VIOLATED SECTIONS 204, AND 206(4) OF THE ADVISERS ACT AND RULES 204-2(A)(1), (2), (6) (7)(II), AND 206(4)-7 WHICH RELATE TO THE DUTY TO MAINTAIN CERTAIN REQUIRED BOOKS AND RECORDS, TO ADOPT AND IMPLEMENT WRITTEN POLICIES AND PROCEDURES REASONABLY DESIGNED TO PREVENT VIOLATIONS OF THE ADVISERS ACT AND ITS RULES AND TO REVIEW AT LEAST ANNUALLY ITS WRITTEN POLICIES AND PROCEDURES AND THE EFFECTIVENESS OF THEIR IMPLEMENTATION. THE ORDER ALSO FOUND THAT WCM FAILED TO REASONABLY SUPERVISE A FORMER MEMBER OF THE FIRM WITHIN THE MEANING OF SECTION 203(E)(6) OF THE ADVISERS ACT WITH RESPECT TO THE PAYMENT OF EXCESSIVE MANAGEMENT FEES FROM A HEDGE FUND OF WHICH WCM IS THE GENERAL PARTNER. THE ORDER ALSO ALLEGED THAT A VIOLATION OF SECTION 207 RESULTED FROM THE INCLUSION OF AN UNTRUE STATEMENT IN THE FIRM'S FORM ADV WITH RESPECT TO THE CALCULATION OF THE PAYMENT OF THE HEDGE FUND MANAGEMENT FEES.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- Charles Schwab & Co. $419M (96% of AUM) Mar 2026
- Equity Trust Company $3.4M (1% of AUM) Mar 2026
- Midland's Private Fund Custody Services $3.4M (1% of AUM) Aug 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 18, 2026.
View current Form ADV (SEC/IAPD) ↗