Goodstein Wealth Management LLC

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Client assets under management

$113,681,466

Clients

100

46% high-net-worth

Advisors

of 2 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

Typical

Average account size

$1,136,815

About

Goodstein Wealth Management is a fee-only advisory firm that manages roughly $114 million in discretionary assets and operates with two advisors. It serves individuals (including high-net-worth clients) and businesses, providing discretionary asset management, standalone financial planning (hourly or fixed-fee) and retirement plan consulting.

The firm’s investment process emphasizes client-specific investment policy statements and risk tolerances and relies primarily on fundamental analysis to build and monitor portfolios under discretionary authority. It uses custodial broker-dealers for execution and aggregates trades when appropriate, and it offers planning work as a separate hourly or fixed-fee engagement alongside ongoing portfolio management.

Compared with many peers of similar size, the firm documents the ability to act in both limited-scope (3(21)) and fully discretionary (3(38)) fiduciary roles for ERISA retirement plans, and it reports receiving soft-dollar and custodial economic benefits from its clearing relationships. Operationally, it does not vote client proxies (clients receive and vote their own proxies) and it maintains no account minimum, which may be atypical for firms managing this level of assets.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Wealth management General estate planning guidance Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy

Occupation focus

Founder/Business Owner Retired

Fee options

Fixed

Fixed fees range from $500 to $5,500 for complete financial plans; $750 for one-time annual financial plan review

Percentage

$0 - $1,000,000: 1.00% annually $1,000,001 - $3,000,000: 0.85% annually $3,000,001 - $10,000,000: 0.75% annually $10,000,001+: Negotiable

Project-based

$320 per hour for financial planning services

Other

Fee-only: Hourly rate $320; Fixed fees from $500 to $5,500 for complete financial plan; $750 fixed fee for one-time annual financial plan review

Main office location

Goodstein Wealth Management LLC

15760 Ventura Blvd., Suite 1520

Encino CA 91436, United States

Number of offices

Most active in

California · Florida · New Hampshire · Tennessee · Texas · Washington

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website 818-995-3500

Advisors at this firm

Yevgeniy O

Series 65

Encino, CA

Goodstein Wealth Management LLC

Yevgeniy Oktyabrskiy is a financial advisor at Goodstein Wealth Management LLC with one year of industry experience. He holds a Series 65 designation and has work history spanning roles at Goodstein Wealth Management, Exponent, The Mosaic Company, and several other firms. Outside of advising, he serves as a Business Development Manager at Exponent, a science consulting firm. Goodstein Wealth Management, LLC provides discretionary asset management, financial planning, and consulting services to individuals, including high-net-worth clients, as well as businesses and qualified retirement plans. The firm employs a fundamentals-based investment approach and offers both limited and comprehensive planning, managing approximately $114 million for about 100 clients.

Wealth management General estate planning guidance Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Founder/Business Owner Retired

Alan G

CFP®, Series 63

Encino, CA

Goodstein Wealth Management LLC

Alan Goodstein is a CFP® with 31 years of industry experience and is a principal at Goodstein Wealth Management LLC, where he has worked since 2016. He previously held roles at Cadaret, Grant & Co., Inc. and Shabaral Inc. Outside of his advisory work, Goodstein serves as a director at large on the board of New Horizons, Inc., a nonprofit organization. Goodstein Wealth Management LLC provides discretionary asset management, financial planning, and consulting services to individuals, businesses, and qualified retirement plans. The firm uses a fundamentals-based investment approach and offers both limited and comprehensive financial planning, including ERISA 3(21) and 3(38) retirement plan services.

Wealth management General estate planning guidance Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Founder/Business Owner Retired

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