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SALEM PARTNERS WEALTH MANAGEMENT, LLC

SEC Registered

An Independent Los Angeles-Based Boutique Investment Bank and Wealth Management Firm

LOS ANGELES, CAhttps://salempartners.com310-806-4200
Assets Under Management
$1B–$5B
Year Founded
1997
Employees
8
Office Locations
2 offices
Total Accounts
220

About the firm

Salem Partners is an independent Los Angeles-based boutique investment bank and wealth management firm that delivers tailored financial solutions across its investment banking and wealth management divisions. Founded in 1997, the firm aligns its success with clients' goals by prioritizing trust, integrity, and long-term growth.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

IndividualsHigh Net Worth

Areas of expertise

Investment BankingWealth ManagementFiduciaryFee-only RIAMulti-family OfficeM&a AdvisoryCapital RaisingValuation ServicesMedia And EntertainmentHealthcare And Life SciencesReal Estate+7 more

Services

Investment and merchant banking services including M&A advisory, capital raising, valuation services, and industry-specific advisory across media/entertainment/technology, healthcare and life sciences, real estate, industrials, and specialty and lender finance; wealth management services including comprehensive financial planning, fiduciary investment management, risk management, tax-optimizing strategies, trust and estate planning, family foundations, private placement life insurance, and advising on private business transactions.

investment_managementfinancial_planningestate_planninginsurancecharitable_givingwealth_managementrisk_management

Who they serve

A select group of entrepreneurial clients seeking a high level of expertise and utmost integrity, served through a multi-family investment office model.

Client segmentClientsAssets managed
High Net Worth Individuals46$1.5B

49 total clients reported on Form ADV.

Leadership

Stephen Michael Prough
MEMBER
John Hathaway Dyett
MEMBER
The Berti Prough Trust
CLASS A MEMBER
The Dyett Family Trust
CLASS A MEMBER

Office locations

2 offices in 2 states
CA
LOS ANGELESHQ
TX
SOUTHLAKE

Advisors at this firm

4 advisors in the directory

Regulatory & compliance

CRD number
#131359
SEC Number
801-63354
Disciplinary History
No
Fee Model & Minimums
Model: AUM
Minimum: $10,000,000 (waivable)
Asset tierAnnual rate
First $10,000,0001.00%
Next $20,000,0000.90%
Next $20,000,0000.75%
Amount over $50,000,0000.50%

Data as of March 31, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. SALEM PARTNERS WEALTH MANAGEMENT, LLC has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.

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