Wealth manager, independent · Scottsdale, AZ
Balboa Wealth Partners, Inc.
SEC-registered investment adviser · CRD 282329 · SEC 801-107029
At a glance
Balboa Wealth Partners, Inc. is an SEC-registered investment adviser based in Scottsdale, Arizona, with $1.1B in regulatory assets under management as of its Form ADV filed September 8, 2026. It reports 1,084 individual clients, 262 of them high-net-worth, holding an average of about $1.0 million each, and 37 employees. That ranks it 1030th among the nation’s 5,657 independent wealth management RIAs and 19th of 125 in Arizona. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 480-801-5010balboawealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among independent wealth managers
- #1,030 of 5,657
- Rank among all SEC RIAs
- #5,166 of 17,210
- Rank in Arizona
- #19 of 125
- Individual clients
- 1,084
- High-net-worth clients
- 262
- Accounts
- 2,623
- Discretionary
- 98% of AUM
- Employees
- 37
- Advisory staff
- 26
- Offices
- 8
Owners and executives on its Form ADV
- Jeffrey A. GilbertPresident & Chief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Balboa Wealth Partners, Inc. is a hybrid RIA: 3 of its employees are also registered representatives of a broker-dealer.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 262 | $828M | 77% |
| Individuals | 822 | $225M | 21% |
| Corporations or other businesses | 10 | $6M | <1% |
| Charitable organizations | – | $5M | <1% |
| Pension and profit sharing plans | 33 | $5M | <1% |
Disciplinary disclosures
Balboa Wealth Partners, Inc. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Subscription fees
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗balboawealth.com ↗
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The full record on Balboa Wealth Partners, Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Rank against 3,375 peers of its type and size
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- Main office, fax and compliance officer
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Arizona
All of Arizona →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Fortitude Family OfficeScottsdale | $1.3B | 407 |
| Brookwood Investment GroupPhoenix | $1.3B | 3,500 |
| ARQ Wealth Advisors, LLCScottsdale | $1.2B | 597 |
| GR Financial Group, LLCTucson | $1.1B | 1,548 |
| Watts Gwilliam & Company, LLCGilbert | $1.0B | 503 |
Background
Questions
How much does Balboa Wealth Partners, Inc. manage?
Balboa Wealth Partners, Inc. reports $1.1B in regulatory assets under management across 2,623 accounts, 98% of it on a discretionary basis, on its Form ADV filed September 8, 2026.
How many clients does Balboa Wealth Partners, Inc. have?
It reports 1,084 individual clients: 262 high-net-worth individuals and 822 other individuals. Individuals account for about 98% of its regulatory assets.
Where is Balboa Wealth Partners, Inc. headquartered?
Its main office is in Scottsdale, Arizona. It reports 8 offices in total and 37 employees, 26 of whom perform investment advisory functions.
How does Balboa Wealth Partners, Inc. charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; subscription fees; performance-based fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Balboa Wealth Partners, Inc. use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed September 8, 2026, it reports these amounts held: Charles Schwab ($1.0B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Balboa Wealth Partners, Inc. a hybrid RIA with a broker-dealer?
Balboa Wealth Partners, Inc. is a hybrid RIA: 3 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Balboa Wealth Partners, Inc. a fiduciary?
As an SEC-registered investment adviser, Balboa Wealth Partners, Inc. owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 3 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Balboa Wealth Partners, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-08), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →