State-registered independent wealth management RIA
Second Mountain Financial, Inc.
As of its Form ADV filed February 12, 2026, Second Mountain Financial, Inc., a state-registered independent wealth management RIA in Redondo Beach, California, reported $37.4 million in regulatory assets under management across 70 accounts, ranking #1587 among independent RIAs in California by assets.
Registration
- Main office
- Redondo Beach, CA
- Registration
- State-registered, Approved
- CRD number
- 152493
- SEC file number
- None (state-registered)
- Registered since
- January 18, 2017
- Latest Form ADV filing
- February 12, 2026
- Organized as
- Corporation
- Fiscal year ends
- December
- Other offices
- 0
Key figures
- Regulatory assets under management
- $37.4 million
- Discretionary
- $37.4 million (100.0%)
- Non-discretionary
- $0
- Accounts
- 70 (70 discretionary)
- Clients
- 24, approximate as reported
- Employees
- 1
- Advisory staff
- 1 performing investment advisory functions
- Average account
- $534,796
- Asset growth, 1 year
- Not reported
- Asset growth, 3-year annual rate
- Not reported
- Asset growth, 5-year annual rate
- Not reported
- Client growth, 1 year
- Not reported
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In California | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #11,641 | #1,587 | $37.4 million |
| Independent RIAs with the most clients | #15,322 | #2,022 | 24 |
| Independent RIAs with the most accounts | #12,627 | #1,613 | 70 |
| Independent RIAs with the most advisory staff | #10,188 | #1,270 | 1 |
| Independent RIAs with the most high net worth clients | #9,891 | #1,353 | 18 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 7, 2026 | $37.4 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 18 clients | $37.3 million | |
| Individuals (other than high net worth) fewer than 5 clients | $91,717 |
How the firm is paid
- A percentage of assets under management
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Pension consulting
- Selection of other advisers
Financial planning clients (Item 5.H): 11-25.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Accountant or accounting firm
Financial industry affiliations (Item 7.A)
- Accountant or accounting firm
Custody (Item 9)
The firm reported custody of client cash or securities, $20.8 million in total.
Investment adviser representatives
- IARs registered with the firm
- 1
- Also registered through a broker-dealer
- 0
- Employees who are IARs (Form ADV 5.B(3))
- 1
1 of the firm's 1 IAR is registered in jurisdictions that require IAR CE. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
Our source has no Form ADV Item 11 detail for this firm. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in California
| Firm | City | RAUM |
|---|---|---|
| Lance Parker Wealth Management | San Luis Obispo | $37.6 million |
| Global Insight Advisors | San Francisco | $37.5 million |
| Pde Wealth Advisors, LLC | Rancho Cucamonga | $37.4 million |
| Capital Financial Consultants Group, Inc. | San Juan Capistrano | $37.3 million |
| Belgrave Square Advisors | San Mateo | $37.3 million |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Second Mountain Financial, Inc. on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: secondmountainfinancial.com
- Independent RIAs in California
Firm data as of October 7, 2026, from IA_FIRM_STATE_Feed_10_07_2026.xml.gz. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 7, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.