Carmel Capital Management L.L.C.
- Regulatory AUM
- $392M
- Discretionary
- $392M
- Clients
- 102
- Avg AUM / client
- $3.8M
- Accounts
- 109
- Employees
- 6
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Feb 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | Fewer than 5 clients | $298K | 0.08% |
| High net worth individuals | 102 | $381M | 97.1% |
| Pension and profit sharing plans | Fewer than 5 clients | $10.6M | 2.71% |
| Charitable organizations | Fewer than 5 clients | $263K | 0.07% |
People (1)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Whittaker, West, David | Principal And Chief Compliance Officer | Oct 1999 (27y) | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 02/27/2026 | 996 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE SEC ALLEGED THAT THE ADVISORY FIRM FAILED TO TIMELY FILE, DELIVER AND POST ITS FORM CRS TO THE FIRM'S WEBSITE. Status: Final Sanction Detail: THE SEC ACKNOWLEDGED RECEIPT OF THE FULL MONETARY PENALTY, REFERENCED ABOVE, ON JULY 28, 2021. Summary: CCM ENTERED INTO A SETTLEMENT WITH THE SEC ON JULY 26, 2021, WITHOUT ADMITTING OR DENYING ANY FACTUAL ALLEGATION, WHICH RESULTED IN THE ENTRY OF A SETTLED ADMINISTRATIVE ORDER FOR VIOLATING THE REQUIREMENT THAT IT TIMELY FILE AND DELIVER TO CLIENTS ITS INITIAL FORM CRS THAT INCLUDED A $25,000 CIVIL MONETARY PENALTY. IN ACCORDANCE WITH BEST PRACTICES, CCM HAS IMPLEMENTED POLICIES AND PROCEDURES FOR DISTRIBUTING ITS FORM CRS GOING FORWARD.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Other fees
- • CONSULTING FEES
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $392M (100% of AUM) Feb 2026
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: Feb 27, 2026.
View current Form ADV (SEC/IAPD) ↗