Planning & Wealth Management
What we do. How we charge. How we work together.
A Venice-based, fee-only practice. Two services — investment management and financial planning — offered as one ongoing relationship. Published fees. No commissions. Read it all in ten minutes.
Services
Two pillars, one relationship
Fees
0.90% blended at $2.5M
Minimum
$250,000 household
Engagement
Ongoing · Not one-time
What We Do
Two services. One relationship. Reviewed together every year.
We build and manage your portfolio, and we write and maintain your plan. The same person does both — and neither is sold separately.
01
Investment Management
A portfolio built for your plan — not a product menu, and not the firm's model of the month.
Custom portfolio construction
Low-cost ETFs or direct indexing, sized to your plan's risk and income needs.
Ongoing rebalancing
Systematic, threshold-based. Tax-aware by default.
Tax-loss harvesting
Monitored year-round, not only in December.
Concentrated stock & RSUs
Diversification plans for Westside tech and entertainment equity.
Custody with Interactive Brokers
You keep title to your assets. Westlight never takes custody.
Reviewed quarterly. Rewritten when your life does.
02
Financial Planning
A written plan that evolves with you — not a one-time deliverable that ages on a shelf.
Cash-flow & retirement projections
Built in RightCapital, stress-tested, refreshed annually.
Tax-aware strategy
Roth conversions, withdrawal sequencing, charitable timing.
Equity compensation planning
RSU vesting, ISO/NSO exercise, 10b5-1 coordination, QSBS.
Insurance & risk review
Coverage gaps, umbrella, disability — no products sold.
Estate coordination
Works with your attorney. Beneficiary and titling audit each year.
Written once. Reviewed every year. Rewritten when it stops fitting.
How we work together
An ongoing relationship, not a one-time project.
01
The first conversation
15 minutes · No cost · No sales follow-up
A short call to understand what you're trying to figure out, and to tell you honestly whether this practice is the right fit.
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No documents required. No pitch deck.
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If we're not a fit, you'll leave with two or three referrals.
02
Year one
Weeks 1–12 · Plan and portfolio
The first quarter is building. Weeks 1–4 gather your picture; weeks 5–8 write the plan; weeks 9–12 implement the portfolio.
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RightCapital setup with cash flow, assets, debts, benefits.
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First draft of the plan, revised with you in session.
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Portfolio transition — tax-aware, at your pace.
03
Year two onward
Ongoing · Quarterly reviews · Annual rewrite
After the first year, the rhythm settles. Four reviews a year, one plan rewrite, and whatever ad hoc questions life raises in between.
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Quarterly portfolio review — written summary, 30-min call.
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Annual plan rewrite — new assumptions, new projections.
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Tax-season coordination with your CPA.
Westlight only takes ongoing engagements. If you're looking for a one-time plan or a single second opinion, we're not the right fit — and we'll tell you that on the first call. The structure is designed so the advice keeps up with your life.
Fees
Published, tiered, and reviewed on every statement.
Westlight is fee-only. What you pay is what the firm earns — no commissions, no product fees, no revenue-sharing. The schedule is graduated: as your household grows, the marginal rate falls.
Household minimum
$250,000 or more in investable assets
Most clients arrive between $500,000 and $5M. We'll be honest on the first call if the fit isn't right.
Assets in tier
Where this rate applies
Annual rate
First $500,000
On your first half-million
1.15%
Next $500,000
$500k → $1M
0.95%
Next $4,000,000
$1M → $5M
0.80%
Next $5,000,000
$5M → $10M
0.55%
Next $40,000,000
$10M → $50M
0.30%
Over $50,000,000
Above $50M
0.18%
What a real household pays
The blended rate at three common sizes.
Household size
$750,000
First $500k × 1.15%
$5,750
Next $250k × 0.95%
$2,375
Annual Fee
Blended Rate
$8,125
1.08%
Household size
$2,500,000
First $500k × 1.15%
$5,750
Next $500k × 0.95%
$4,750
Next $1.5M × 0.80%
$12,000
Annual Fee
Blended Rate
$22,500
0.90%
Household size
$10,000,000
First $500k × 1.15%
$5,750
Next $500k × 0.95%
$4,750
Next $4M × 0.80%
$32,000
Next $5M × 0.55%
$27,500
Annual Fee
Blended Rate
$70,000
0.70%
Figures illustrative. Marginal, tier-by-tier billing — not a flat rate. Full schedule and billing cadence described in ADV Part 2.
What you don't pay
Five fees that aren't in the schedule.
Commissions
Westlight earns nothing on transactions — ever.
Product loads
No front-end or back-end fund charges.
Account maintenance
Charged by custodians sometimes — never by us.
Ticket charges
We don't profit from trading your account.
Referral kickbacks
Nothing paid to us for sending you to an attorney or CPA.
Let's Talk
Curious what this would look like for your situation?
Every client's situation is different. Let's spend 15 minutes talking about yours — no prep, no pressure, just a conversation.
Fee-only · Fiduciary · Independent
WHAT HAPPENS NEXT
01
We talk for 15 minutes.
You share what's on your mind. I listen, ask a few questions, and we see if there's a fit.
02
You get a clear next step.
If there's a fit, we'll talk about what an ongoing relationship looks like. If not, I'll point you toward someone better suited. Either way, you leave with clarity.
03
No obligation, ever.
Fee-only means no commissions and no product sales. You won't be sold anything.