Wealth manager, independent · SAN Ramon, CA
California Financial Advisors
Maloon, Powers, Pitre, Higgins & Dennehy, LLC · SEC-registered investment adviser · CRD 110152 · SEC 801-55273
At a glance
California Financial Advisors is an SEC-registered investment adviser based in SAN Ramon, California, with $2.3B in regulatory assets under management as of its Form ADV filed May 26, 2026. It reports 1,517 individual clients, 666 of them high-net-worth, holding an average of about $1.5 million each, and 14 employees. That ranks it 495th among the nation’s 5,657 independent wealth management RIAs and 61st of 714 in California. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 925-275-1000calfinad.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.3B
- Rank among independent wealth managers
- #495 of 5,657
- Rank among all SEC RIAs
- #3,382 of 17,210
- Rank in California
- #61 of 714
- Individual clients
- 1,517
- High-net-worth clients
- 666
- Accounts
- 3,547
- Discretionary
- 89% of AUM
- Employees
- 14
- Advisory staff
- 14
- Offices
- 3
Owners and executives on its Form ADV
- Michelle P. HigginsMember
- Michael F. MaloonMember
- Mark A. PitreMember
- Thomas J. PowersMember
- Ryan D. DennehyMember
- Alicia MinyenChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
California Financial Advisors reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 666 | $1.9B | 82% |
| Individuals | 851 | $400M | 18% |
| Corporations or other businesses | 7 | $6M | <1% |
| Charitable organizations | 1 | $1M | <1% |
Disciplinary disclosures
California Financial Advisors 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
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗calfinad.com ↗
AtlasMembers
The full record on California Financial Advisors
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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- Growth over one, three and five years
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- Rank against 1,761 peers of its type and size
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- Owners and executives, with titles and stakes
- 7 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in California
All of California →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Sentry Advisors, LLCSAN Francisco | $2.4B | 148 |
| Check Capital Management IncCosta Mesa | $2.4B | 1,192 |
| Willow Creek Wealth Management, Inc.Sebastopol | $2.3B | 1,029 |
| Oakmont CorporationLOS Angeles | $2.2B | 63 |
| Evolve Private Wealth, LLCLOS Angeles | $2.1B | 679 |
| Financial Management Network IncMission Viejo | $2.1B | 1,379 |
Background
Questions
How much does California Financial Advisors manage?
California Financial Advisors reports $2.3B in regulatory assets under management across 3,547 accounts, 89% of it on a discretionary basis, on its Form ADV filed May 26, 2026.
How many clients does California Financial Advisors have?
It reports 1,517 individual clients: 666 high-net-worth individuals and 851 other individuals. Individuals account for about 100% of its regulatory assets.
Where is California Financial Advisors headquartered?
Its main office is in SAN Ramon, California. It reports 3 offices in total and 14 employees, 14 of whom perform investment advisory functions.
How does California Financial Advisors charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does California Financial Advisors use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed May 26, 2026, it reports these amounts held: Charles Schwab ($1M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is California Financial Advisors a hybrid RIA with a broker-dealer?
California Financial Advisors reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is California Financial Advisors a fiduciary?
As an SEC-registered investment adviser, California Financial Advisors owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is California Financial Advisors’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 (2026-05-26), 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 →