Beverly Hills Private Wealth, LLC
Beverly Hills Private Wealth, LLC is an independent registered investment adviser headquartered in Beverly Hills, California. The firm partners with successful individuals and families, focusing on protecting and building wealth for current and future generations. Founded by experienced financial advisors who previously worked at leading Wall Street firms, Beverly Hills Private Wealth provides highly personal and comprehensive services, including investment management, tax planning, risk management, and tailored financial planning. They emphasize fiduciary responsibility, objectivity, and long-term client relationships. The team includes founders Scott Shagrin, Ira Ravitz, and Lisa (joined later by Alaina and Jose-Pablo), and the firm operates on an open-architecture platform serving high-net-worth clients. Public sources indicate a team of 5-10 employees, but the exact number may fluctuate.
Investment Strategy
Beverly Hills Private Wealth employs a client-focused investment strategy, delivering comprehensive wealth management with a fiduciary ethos. The firm utilizes an open-architecture platform to tailor portfolios to each client’s goals, risk tolerance, and time horizon. Their approach is grounded in diversification across equities, fixed income, and alternative investments, often using innovative tools for real-time monitoring and planning. The firm prioritizes protecting principal, generating steady returns, and preserving family legacies, with a focus on unbiased advice and long-term relationships rather than product sales.
Top Holdings
Equity Positions (334)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 4.29% | $22.9M | 45,972 | $296.07 | $497.41 | +$5.6M |
A AAPL | APPLE INC | 4.10% | $21.9M | 106,613 | $160.70 | $205.17 | -$3.4M |
J JPM | JPMORGAN CHASE & CO. | 2.92% | $15.6M | 53,737 | $160.24 | $289.91 | +$2.3M |
N NVDA | NVIDIA CORPORATION | 2.70% | $14.4M | 91,045 | $15.94 | $157.99 | +$4.0M |
A AMZN | AMAZON COM INC | 2.44% | $13.0M | 59,425 | $129.36 | $219.39 | +$1.8M |
Options Positions (3)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
I IP | INTERNATIONAL PAPER CO | Bought | Put | $379.3K | 81 | $46.83 | $50.05 | +41 | +$165.9K |
S SCHW | SCHWAB CHARLES CORP | — | Call | $264.6K | 29 | $91.24 | $78.28 | 0 | +$37.6K |
M MGM | MGM RESORTS INTERNATIONAL | New | Call | $41.3K | 12 | $34.39 | $34.39 | +12 | +$41.3K |