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COMMONWEALTH ASSET MANAGEMENT LP

LOS ANGELES, CA · CRD 306098 · IAPD ↗ · 424-363-0170

$295.7MRegulatory AUM
3Advisory reps
4Employees
0Clients
n/aPlanning clients
1Private funds
1States
0Disclosures
fundSegment
ApprovedSEC status

Filing changes

83
October 2026 — COMMONWEALTH ASSET MANAGEMENT LP (LOS ANGELES, CA) is newly SEC-registered with $295.7M RAUM and 3 advisory reps.
Firm appears on the SEC roster for the first time (new RIA or state-to-SEC transition).
CRMComplianceCustodianFinancial planning softwarePortfolio / reporting / TAMPMarketing & brand
48
September 2024 — COMMONWEALTH ASSET MANAGEMENT LP (LOS ANGELES, CA) left the SEC roster (was $911.6M RAUM, 6 reps).
Firm dropped off the SEC roster: closed, merged, fell below $100M and moved to state registration, or a 120-day provisional registration lapsed.
Recruiting & transitionsM&A & valuation
33
April 2024 — COMMONWEALTH ASSET MANAGEMENT LP reported RAUM down 40% ($1.51B -> $911.6M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
38
April 2024 — COMMONWEALTH ASSET MANAGEMENT LP shrank from 9 to 6 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.