Westside Investment Management

Name

Westside Investment Management

Legal name

Westside Investment Management

Website

https://westsideim.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

akta.pro secondary industries

Private Banking & UHNW Wealth Advisory (FSAEABAC), Private Banking Advisory & Discretionary Portfolio Management (FSABADAD), Estate & Legacy Planning Advisory (FSAEAAAG)

Keywords

• Wealth management services
• Investment advisory
• Retirement planning
• Financial planning
• Estate planning

Headquarters

HQ city

Santa Monica

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Advisory Services: Fee-based investment advisory services provided through the LPL Financial platform. The firm serves as a registered investment advisor offering personalized wealth management, financial planning, and investment management services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Westside Investment Management provides fee-based, personalized wealth management and investment advisory services to individuals, retirees, business owners, and corporate executives. Its proprietary Wealth Management System consolidates all of a client's financial assets into a single web-based platform offering real-time performance tracking, scenario planning, and secure document storage. Services are delivered through independent financial advisors operating on the LPL Financial platform, covering financial planning, retirement, investment management, tax, estate, insurance, executive compensation, education, legacy, and real estate planning.

Product overview

Westside Investment Management offers a unified wealth management platform built around its proprietary Wealth Management System, a comprehensive web-based technology that consolidates all client assets and financial information in one place. The firm delivers its services through a module-based approach, where clients receive integrated Financial Planning, Retirement Planning, Investment Management, Tax Strategies, Estate Planning, Insurance Services, Education Planning, Executive Compensation Plans, Legacy Planning, and Real Estate Investment Options. The Wealth Management System serves as the central hub, integrating with LPL Financial's brokerage platform and delivering access to LPL's research team of 17+ professional analysts. The firm also provides specialized Small Business Services for business owners seeking integrated business and personal financial planning.

Differentiator

Problem solved

Functional benefit

Products and services

• Wealth Management System A comprehensive, web-based financial management platform that consolidates and integrates all areas of a client's financial life, providing real-time asset values across multiple accounts and advisors, cash flow tracking, scenario planning, and secure document vaulting (estate plans, insurance policies, tax returns, passports).
• Financial Planning Comprehensive analysis of a client's current financial situation used to structure investment portfolios with conservative, tax-sensitive, and inflation-sensitive strategies.
• Retirement Planning Planning services focused on helping clients transition into and through retirement, addressing income needs, withdrawal strategies, and lifestyle goals.
• Investment Management Active portfolio management utilizing fundamental research-driven strategies, diversification across multiple asset classes and non-correlated alternative investments, with ongoing monitoring of portfolio risk levels and style drift.
• Tax Strategies Tax planning and gifting strategies designed to minimize tax burden and preserve wealth, including coordination with CPAs and tax professionals.
• Estate Planning Services helping clients prepare and transfer wealth to heirs, including will reviews, power of attorney documentation, and coordination with estate planning attorneys.
• Insurance Services Risk management through insurance products including life insurance, long-term care insurance, and other coverage tailored to individual client needs.
• Education Planning Planning services for education funding including 529 college savings plans and other tax-advantaged education savings vehicles.
• Executive Compensation Plans Specialized planning for corporate executives navigating complex compensation packages including stock options, restricted stock units, and deferred compensation arrangements.
• Legacy Planning and Charitable Giving Strategies for passing wealth to future generations and maximizing charitable impact through qualified charitable distributions, trusts, and other gifting vehicles.
• Real Estate Investment Options Access to real estate investment strategies including REITs and limited partnerships, providing income generation and inflation hedging for client portfolios.
• Small Business Services Comprehensive financial planning for small business owners including retirement plan setup, exit planning, and integration of business and personal financial strategies.
• Risk Management Ongoing portfolio risk assessment and management including risk tolerance analysis through Riskalyze, portfolio diversification review, and monitoring for style drift.

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature1 record

Partnerships

One partnership is on record.

• LPL FinancialcoreChannel Partner/ Reseller/ DistributorLPL Financial is a member of SIPC and one of the nation's leading independent brokerage firms. Westside Investment Management operates on the LPL Financial platform, providing access to 17+ professional research analysts, research tools from Morningstar, Thompson Financial, Zacks, S&P, and Bloomberg, and custodial services. Unlike major Wall Street firms, LPL does not offer its own investment products, enabling truly independent advice.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Fisher Investments: Large independent RIA primarily serving high-net-worth retail clients with discretionary portfolio management and retirement/wealth planning. Comparable as a fee-only RIA competing for the same HNW households, but with a single-firm direct-to-client marketing motion rather than LPL affiliation.
• Cetera Financial Group: Independent advisor-focused wealth management platform supporting independent RIAs with custody, technology, and practice management resources—comparable to Westside's LPL relationship, but operating at meaningfully greater scale and broader product breadth.
• Edward Jones: Large, established retail wealth management and financial planning franchise serving individual investors, including retirees. Overlaps with Westside on retirement planning, investment management, and relationship-driven advisory, but at national scale and through employee advisors rather than an independent RIA structure.

Direct peers

• Moneta Group: Independent, fee-only RIA serving HNW individuals, families, and business owners with comprehensive financial planning and investment management. Highly comparable in client segment (HNW/enterprise), independence stance, and integrated wealth management service model.
• Carson Group: Partnership-style RIA platform supporting independent advisors serving retirees and HNW households with financial planning, investment management, and tax-adjacent services, with a heavy emphasis on education and referral-driven growth—mirroring Westside's referral-only motion.
• Stratos Wealth Partners: Independent wealth management platform supporting financial advisors across the U.S. with back-office, technology, and investment resources. Comparable as an advisor-led HNW wealth practice leveraging a larger affiliated broker-dealer/RIA platform.
• Hightower Advisors: Independent RIA platform serving HNW clients and their advisors with wealth management, estate and tax planning, and institutional consulting. Comparable business model (independent RIA partnership) and HNW focus, though operating at significantly greater scale.
• Mariner Wealth Advisors: Large independent RIA serving HNW individuals, families, and business owners with comprehensive financial planning, investment management, and tax/estate services—directly comparable to Westside's full-service model, but at much greater scale and multi-state footprint.
• Focus Financial Partners: Aggregator and support platform for independent RIAs, providing capital, compliance, technology, and M&A pathways. Highly comparable because Westside itself sits inside the same 'independent RIA affiliate of a larger broker-dealer/platform' model that Focus consolidates.

Regional players

• Halbert Hargrove: Long-standing independent RIA headquartered in Southern California serving HNW individuals, families, and business owners with comprehensive wealth management. Directly comparable in geography (SoCal), client focus (HNW retirees and owners), and independent advisory philosophy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/westsideim
• Facebookfacebook.com/westsideim
• LinkedInlinkedin.com/company/westsideim

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Westside Investment Management