Beverly Hills Private Wealth

What Beverly Hills Private Wealth does

Beverly Hills Private Wealth (BHPW) is an independent Registered Investment Adviser founded in 2022 and headquartered at 350 S Beverly Dr., Suite 360, Beverly Hills, California. The firm serves high-net-worth individuals and families under a fiduciary mandate, organizing its offering around a five-pillar framework: Investment Management (direct equity and fixed income portfolio management with proprietary models), Tax-Alpha Optimization (systematic tax-loss harvesting and tax-aware portfolio construction), Institutional Access (specialized managers, private markets, and alternatives), Personal CFO Services (coordination across advisors, entities, and accounts), and Legacy & Philanthropy Planning. The firm manages $1 Billion+ in Assets Under Management and Advisory across 230+ families, with client assets custodied at Goldman Sachs Advisor Solutions.

The firm's underlying technology is centered on proprietary equity and fixed income portfolio models managed directly by BHPW, supplemented by specialty partners, with research, portfolio construction, and implementation kept under firm direction. Client-facing portfolio reporting is delivered through the Black Diamond platform (bd3.bdreporting.com), and the firm publishes a quarterly newsletter cadence (Q3 2025 through Q2 2026) alongside a content library of blog articles, educational videos, interactive financial calculators, and SEO hub pages covering retirement, estate, tax, and insurance topics, produced in partnership with FMG Suite. In 2025 the firm extended into proprietary investment products with the launch of BHPW Select Opportunities Fund I, its inaugural private fund.

Revenue is generated through recurring investment advisory fees on assets under management, and go-to-market is relationship-driven: dedicated advisors manage client portfolios directly, new clients are acquired via referrals and direct outreach, and the firm deliberately caps its household count to preserve service depth. The firm is privately held by three co-founders—Scott Shagrin (Managing Director), Ira H. Ravitz (Managing Director), and Lisa Westermark (Partner)—with Nick Nejad serving as Partner and Chief Investment Officer. The 11-person team holds CFA, CFP, CIMA, CRPC, AIF, and ChFC designations and brings backgrounds from Shearson, Smith Barney, Merrill Lynch Wealth Management, and other global financial institutions. The firm is not backed by external private equity or venture capital.

Name

Beverly Hills Private Wealth

Legal name

Beverly Hills Private Wealth, LLC

Website

https://bhpw.com

Company type

Private

Founded year

2022

Operating status

Operating

Short description

Beverly Hills Private Wealth is an independent fiduciary Registered Investment Adviser founded in 2022, serving 230+ high-net-worth families with $1B+ in AUM through proprietary equity and fixed income portfolio management, tax optimization, and integrated family office services.

Ownership category

akta.pro rank

Product category

Private Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Alternative Investments for Private Wealth (Hedge Funds, PE/VC Access, Private Credit) (FSAAABAI), Private Banking & UHNW Wealth Advisory (FSAEABAC), Charitable Giving & Philanthropic Trust Advisory (FSAEAKAH)

Keywords

• Registered investment adviser
• Private wealth management
• Fiduciary advisory services
• Portfolio management
• Family office services

Headquarters

HQ city

Beverly Hills

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Investment Advisory Fees: The firm generates revenue through investment advisory fees, likely based on assets under management (AUM). As a registered investment adviser, the firm charges fees for managing client portfolios and providing comprehensive wealth management services including investment management, tax planning, and estate coordination.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Beverly Hills Private Wealth is an independent Registered Investment Adviser that delivers integrated wealth management to high-net-worth individuals and families. The firm manages proprietary equity and fixed income portfolio models directly and bundles investment management with tax-alpha optimization, institutional-quality manager and private market access, personal CFO coordination, and legacy and philanthropy planning.

Product overview

Beverly Hills Private Wealth offers a unified, comprehensive wealth management framework built around five core pillars: Investment Management (direct equity and fixed income portfolio management with alternative investments), Tax-Alpha Optimization (tax-loss harvesting and tax-aware construction), Institutional Access (specialized managers and private markets), Personal CFO Services (coordination across advisors and accounts), and Legacy & Philanthropy Planning. The firm also manages BHPW Select Opportunities Fund I, its proprietary private fund. The offering is delivered as an integrated service model rather than discrete software products, combining investment management with tax strategy, liquidity planning, and long-term structural design.

Differentiator

Problem solved

Functional benefit

Brands

• BHPW Select Opportunities Fund I: The firm's inaugural private fund launched in 2025.

Products and services

• Investment Management Direct equity portfolio management, active fixed income portfolio construction, concentrated position management, and select alternative investment strategies with ongoing risk management and portfolio refinement, delivered to high-net-worth individuals and families.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• Goldman Sachs Advisor SolutionscoreOthersGoldman Sachs Advisor Solutions serves as the custodian for client assets, providing institutional infrastructure, operational depth, and robust custody capabilities. This partnership enables BHPW to offer institutional-grade custodial services while maintaining independence in investment management.
• Black DiamondsupportingTechnology or IntegrationBlack Diamond is a portfolio reporting and client reporting platform accessible to BHPW clients through the Client Access portal, enabling consolidated portfolio reporting and performance tracking.
• FMG SuitesupportingTechnology or IntegrationFMG Suite develops and produces content for the BHPW website, including educational articles, calculators, and multimedia resources. The firm credits FMG Suite for developing content that provides information on topics of interest.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• HighTower Advisors: Large RIA platform serving HNW/UHNW clients with multi-family office capabilities and institutional-grade investment solutions. Directly comparable as a fiduciary-led wealth platform, though materially larger and broader in scale than BHPW.
• Mariner Wealth Advisors: National RIA offering comprehensive wealth advisory, tax planning, and institutional access to HNW families. Comparable integrated offering across investment management and family-office services, though with a much larger footprint and broader service set than BHPW.
• Creative Planning: Large independent RIA offering wealth management, tax, and estate services to HNW individuals. Comparable in fiduciary model and integrated service offering, though serves a much broader client spectrum and operates nationally.
• Focus Financial Partners: Leading RIA consolidator partnering with fiduciary wealth management firms serving HNW clients. Comparable end-client profile and fiduciary positioning, though Focus is itself a roll-up platform and potential acquirer of BHPW-style firms.

Direct peers

• Sanctuary Wealth: Partnership model for elite breakaway advisors building independent RIAs with institutional infrastructure. Directly comparable as a boutique RIA targeting high-net-worth families with fiduciary discipline and institutional backing.
• Glassman Wealth Services: Boutique independent RIA serving HNW families with institutional investment access and integrated planning. Closely comparable in size, boutique positioning, fiduciary structure, and family-office-style service model.
• Beacon Pointe Advisors: Multi-family office and RIA delivering institutional-quality wealth management to HNW families. Comparable in integrated wealth coordination, institutional access, and boutique service philosophy.
• Excel Private Wealth: Boutique RIA serving HNW individuals and families with direct portfolio management and personalized planning. Closely comparable in scale, fiduciary positioning, and high-touch client service model.
• Private Ocean (formerly Truepoint Wealth Counsel): Independent RIA providing fee-only wealth management to HNW individuals and families with integrated planning and institutional access. Comparable boutique fiduciary model, HNW client focus, and integrated wealth coordination framework.

Emerging players

• Carson Group: RIA platform providing technology, marketing, and back-office infrastructure to independent advisors serving HNW clients. Comparable end-client segment and fiduciary model, though operates as an advisor-support platform rather than a single branded advisory firm.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Beverly Hills Private Wealth