Destination Wealth Management
Destination Wealth Management is an SEC-registered investment adviser based in Walnut Creek, California. Founded in 1996 by CEO Michael Allen Yoshikami, the firm operates as a Delaware corporation and provides discretionary investment advisory as well as financial planning services. Destination Wealth Management primarily serves individuals, high net worth clients, pension and profit-sharing plans, trusts, estates, charitable organizations, corporations, and other business entities. As of 2025, the firm has 56 employees and is recognized for its client-focused wealth management solutions.
Investment Strategy
Destination Wealth Management offers discretionary investment advisory and financial planning services tailored to each client’s circumstances and goals. Their investment approach emphasizes asset allocation, diversification, and risk management, factoring in client investment objectives, time horizons, and risk tolerance. The firm provides both equity and fixed income strategies, utilizing a comprehensive, long-term perspective designed to align with clients’ personal or institutional needs, and seeks to provide consistent, risk-adjusted returns through a disciplined process.
Top Holdings
Equity Positions (251)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAPL | APPLE INC | 5.08% | $173.3M | 844,719 | $51.58 | $205.17 | -$5.3M |
A AGG | ISHARES TR | 4.25% | $144.8M | 1,459,869 | $105.10 | $99.20 | +$1.8M |
S SDY | SPDR SERIES TRUST | 2.78% | $94.9M | 698,829 | $102.99 | $135.73 | -$481.7K |
I IJR | ISHARES TR | 2.66% | $90.7M | 830,153 | $62.97 | $109.29 | +$7.4M |
M MSFT | MICROSOFT CORP | 2.56% | $87.5M | 175,818 | $232.19 | $497.41 | +$33.6M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
T TSLA | TESLA INC | Bought | Put | $323.1K | 56 | $317.66 | $269.61 | +10 | -$140.9K |
N NVDA | NVIDIA CORPORATION | — | Call | $117.4K | 10 | $157.99 | $43.50 | 0 | +$48.2K |
N NFLX | NETFLIX INC | — | Call | $44.4K | 1 | $1339.13 | $932.53 | 0 | +$27.5K |
M META | META PLATFORMS INC | — | Call | $27.5K | 1 | $738.09 | $491.35 | 0 | +$12.5K |
S SPY | SPDR S&P 500 ETF TR | — | Call | $24.2K | 1 | $617.85 | $409.39 | 0 | +$5.6K |