Wealth manager, independent · SAN Francisco, CA
Chequers Financial Management LLC
SEC-registered investment adviser · CRD 175209 · SEC 801-107158
At a glance
Chequers Financial Management LLC is an SEC-registered investment adviser based in SAN Francisco, California, with $1.3B in regulatory assets under management as of its Form ADV filed March 30, 2026. It reports 244 individual clients, 244 of them high-net-worth, holding an average of about $5.3 million each, and 21 employees. That ranks it 847th among the nation’s 5,657 independent wealth management RIAs and 101st of 714 in California. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 415-964-5001chequersfinancial.comAs filed on Form ADV
- Regulatory AUM
- $1.3B
- Rank among independent wealth managers
- #847 of 5,657
- Rank among all SEC RIAs
- #4,624 of 17,210
- Rank in California
- #101 of 714
- Individual clients
- 244
- High-net-worth clients
- 244
- Accounts
- 1,449
- Discretionary
- 87% of AUM
- Employees
- 21
- Advisory staff
- 13
- Offices
- 3
Owners and executives on its Form ADV
- Megan E. GormanManaging Member & Chief Compliance Officer
- Edward J. KearneyMember
- Nicole A. TanenbaumMember
- Reed W. McCueMember
- David J. OwMember
Custody and brokerage
Broker-dealer
No broker-dealer ties
Chequers Financial Management LLC 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 | 244 | $1.3B | 99% |
| Pension and profit sharing plans | 12 | $12M | <1% |
| Charitable organizations | – | $7M | <1% |
Disciplinary disclosures
Chequers Financial Management LLC 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
- Portfolio management for businesses and institutions
- Selecting other advisers
- 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 ↗chequersfinancial.com ↗
AtlasMembers
The full record on Chequers Financial Management LLC
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, 9 years of filings
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- Growth over one, three and five years
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- Rank against 2,815 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 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 |
|---|---|---|
| Lodestar Private Asset Management LLCAlamo | $1.3B | 544 |
| Cypress Wealth Services, LLCPalm Desert | $1.3B | 825 |
| Chatterton & AssociatesAnaheim | $1.3B | 1,542 |
| Silicon Valley Capital Partners, L.P.SAN Jose | $1.3B | 513 |
| Capital Advantage, Inc.Walnut Creek | $1.3B | 661 |
| One Wealth Advisors, LLCSAN Francisco | $1.3B | 406 |
Background
Questions
How much does Chequers Financial Management LLC manage?
Chequers Financial Management LLC reports $1.3B in regulatory assets under management across 1,449 accounts, 87% of it on a discretionary basis, on its Form ADV filed March 30, 2026.
How many clients does Chequers Financial Management LLC have?
It reports 244 individual clients: 244 high-net-worth individuals and 0 other individuals. Individuals account for about 99% of its regulatory assets.
Where is Chequers Financial Management LLC headquartered?
Its main office is in SAN Francisco, California. It reports 3 offices in total and 21 employees, 13 of whom perform investment advisory functions.
How does Chequers Financial Management LLC 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 Chequers Financial Management LLC use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 30, 2026, it reports these amounts held: Charles Schwab ($1.3B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Chequers Financial Management LLC a hybrid RIA with a broker-dealer?
Chequers Financial Management LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Chequers Financial Management LLC a fiduciary?
As an SEC-registered investment adviser, Chequers Financial Management LLC 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 Chequers Financial Management LLC’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 (2026-03-30), 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 →