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Westpark Capital, INC. logo

Westpark Capital, INC.

3.0★★★★★2 Google reviews

Westpark Capital, INC. is a fee-based, SEC-registered investment adviser in Los Angeles, California, registered with the SEC since 2016, managing approximately $53M. As an SEC-registered adviser it is held to a fiduciary standard. Its exact fee schedule and account minimums are disclosed in Form ADV Part 2A.

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Source: SEC Form ADV · CRD #39914 · SEC #801-108275 · SEC-registered since 2016 (10 yrs) · Last filing data January 1, 2026

AUM
$53M

as of 2026

Fee model
Fee-based

per Form ADV 5.E

Clients
Not reported

Form ADV 5.C — may be institutional

Employees
11

11 advisers

Assets per adviser

$5Mper adviser

A scale-normalized measure that lets you compare large and small firms. The typical firm in our directory manages about $102M per adviser — this firm is more adviser-heavy (fewer assets per adviser).

From wpcapital.com

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Screenshot of the Westpark Capital, INC. website

Overview

AI-generated summary

Westpark Capital, INC. is a fee-based, SEC-registered investment adviser based in Los Angeles, California. It reported approximately $53M in regulatory assets under management on its most recent Form ADV. The firm reports one or more disclosure events on Form ADV Item 11 — see the disclosures section below.

This summary is generated from Form ADV data and may not capture all nuances. Always review the complete SEC filing before making decisions.

Firm details

CRD #
39914
SEC #
801-108275
Headquarters
Los Angeles, CA
Employees
11

Clients served

Client types not reported on this filing.

Fees & compensation

  • Compensation model: Fee-based — the firm reports client fees and may also receive commissions on certain products.
  • Typical fee range: See Part 2A. Exact advisory fee rates are reported in Form ADV Part 2A, not Part 1.
  • Account minimum: See Part 2A. Minimums are disclosed in the firm's Part 2A brochure.
  • Custodial, trading, and fund expenses may apply in addition to advisory fees. See the firm's Form ADV Part 2A for the complete fee schedule.

Client reviews

3.0★★★★★2 Google reviews

Review highlights from Google

Google shows up to 5 of the most helpful reviews.

JJennifer Mazzetta★★★★★· 7 months ago

“Run! This company is horrible and criminal. Not only do their investment products default, but they also hold your other investments hostage and will not release your funds without transferring the defaulted products also. I have been trying to get my money out for 3 years now and no one ever calls me back and it gets denied when I try to initiate the transfer from my other firm.”

Read all 2 reviews on Google ↗

Reviews are from Google Business Profile, shown as posted. AdvisorGrade.com does not solicit, edit, or verify individual reviews.

Assets under management

2026$53M
Assets under management by year
YearReported AUM
2026$53M

Reflects the most recent Form ADV filing. Multi-year history is added as additional historical filings are ingested.

Disclosures

4 disclosures on recordHigher severityAI-summarized from SEC filings
Total fines
$537,500
Restitution ordered
$218,160
Most recent
2023
Regulators
3

Plain-English summaries are AI-generated from Westpark Capital, INC.'s Form ADV Disclosure Reporting Pages. A disclosure is not by itself a finding of wrongdoing, and many are settled without admitting or denying the findings. Always read the official record before drawing conclusions.

  • Higher severityFINRAFinalDecember 22, 2023

    FINRA found that the firm did not have an adequate anti-money-laundering (AML) program to catch suspicious trading and high-risk accounts, did not properly train a person doing account due-diligence review, and lacked adequate written procedures for suitability, markups/markdowns, and best execution. Without admitting or denying the findings, the firm settled (an "AWC").

    Fine: $475,000Restitution: $218,160CensureFineRestitutionIndependent consultantUndertakings

    Outcome: Settled via Acceptance, Waiver & Consent. The firm was censured, fined $475,000, ordered to pay $218,160 plus interest in restitution to customers, and required to hire an independent consultant and certify it had fixed the issues.

    Show the original filing language
    “WITHOUT ADMITTING OR DENYING THE ALLEGED DEFICIENCIES INCLUDE FAILURE TO HAVE A ROBUST WRITTEN AML PROGRAM TO INVESTIGATE RED FLAGS FOR SUSPICIOUS TRADING ACTIVITY AND HIGH-RISK ACCOUNTS... FAILURE TO ESTABLISH AND MAINTAIN ROBUST WRITTEN PROCEDURES REASONABLY DESIGNED TO ACHIEVE COMPLIANCE WITH RULES RELATED TO SUITABILITY, MARKUPS AND MARKDOWNS, BEST EXECUTION AND SELF-SUPERVISION.”
    View the source Form ADV ↗
  • Lower severityFlorida Office of Financial RegulationFinalSeptember 16, 2021

    Florida regulators found compliance-documentation shortfalls between 2016 and 2019: the firm did not document required suitability approvals, could not clearly show it followed its own blotter-review procedures during a 2018 inspection, and was late disclosing a customer complaint on a representative's Form U4. The firm neither admitted nor denied the findings.

    Fine: $10,000Cease and desistFine

    Outcome: Settled by consent. The firm agreed to a cease-and-desist and a $10,000 administrative fine.

    Show the original filing language
    “THE OFFICE FOUND THAT WESTPARK A.) FAILED TO DOCUMENT THE REQUIRED APPROVAL OF SUITABILITY DURING THE EXAM PERIOD OF JANUARY 1, 2016 THROUGH MAY 8, 2019, B.) FAILED TO ADEQUATELY DEMONSTRATE... ADHERED TO THEIR SPMS REGARDING A REVIEW OF THE "CHECKS REC. & FORWARDED BLOTTER"... AND C.) FAILED TO TIMELY DISCLOSE A CUSTOMER'S COMPLAINT ON THE REGISTERED REPRESENTATIVE'S FORM U4.”
    View the source Form ADV ↗
  • Moderate severityFINRAFinalDecember 22, 2017

    FINRA found the firm's supervisory system and written procedures were not reasonably designed for its sales of collateralized mortgage obligations (CMOs) — they did not adequately address CMO suitability or require that educational materials be offered to customers before purchase. The firm consented without admitting or denying the findings.

    Fine: $27,500CensureFine

    Outcome: Settled via Acceptance, Waiver & Consent. The firm was censured and fined $27,500.

    Show the original filing language
    “THE FIRM FAILED TO ESTABLISH AND MAINTAIN A SYSTEM OF SUPERVISION REASONABLY DESIGNED TO SUPERVISE ITS BUSINESS IN COLLATERALIZED MORTGAGE OBLIGATIONS (CMOS)... WSPS DID NOT ADDRESS CMO SUITABILITY, RISK FACTORS, RECOMMENDATIONS OR SUPERVISION.”
    View the source Form ADV ↗
  • Lower severityMissouri Securities DivisionFinalMarch 3, 2017

    Missouri regulators found the firm filed an incomplete registration application and did not promptly update information that had become inaccurate. The firm consented to the order.

    Fine: $25,000CensureInjunctionPayment to investor education fund

    Outcome: Settled by consent. The firm was enjoined from further violations and paid $25,000 (a portion suspended) to an investor education and protection fund.

    Show the original filing language
    “RESPONDENTS FILED AN INCOMPLETE APPLICATION FOR REGISTRATION AND FAILED TO PROMPTLY UPDATE APPLICATION INFORMATION THAT HAD BECOME INACCURATE.”
    View the source Form ADV ↗

Frequently asked questions

Is Westpark Capital, INC. a fiduciary?+

Yes. Westpark Capital, INC. is an SEC-registered investment adviser (CRD #39914), which means it is held to a fiduciary standard and must act in its clients' best interest. Verify its current status on the SEC's Investment Adviser Public Disclosure (IAPD) site.

How is Westpark Capital, INC. compensated?+

Westpark Capital, INC. reports a fee-based compensation model on its Form ADV. Fee-based advisers charge client fees and may also earn commissions on certain products. Exact fee rates and account minimums are disclosed in the firm's Form ADV Part 2A brochure.

How much money does Westpark Capital, INC. manage?+

Westpark Capital, INC. reported approximately $53M in regulatory assets under management as of its most recent Form ADV filing.

Does Westpark Capital, INC. have any disclosures?+

Westpark Capital, INC. reported one or more disclosure events on Form ADV Item 11 (regulatory action, regulatory action, regulatory action, regulatory action). A disclosure is not by itself a finding of wrongdoing; review the full Disclosure Reporting Pages on the SEC IAPD site.

This profile is generated from publicly available SEC filings. Westpark Capital, INC. has not verified or endorsed this information. Last updated from filings: January 1, 2026. View the official filing at SEC IAPD.

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