AdvisorRanked
77
Some Concerns

TENNENBAUM CAPITAL PARTNERS, LLC

2951 28TH STREET, SANTA MONICA, CA 90405
Fiduciaryfee-onlySEC Registered
310 566 1000 mp.weixin.qq.com/mp/profile_ext?action=home&__biz=MzIzMTc3MTQ2Mw==&scene=124#wechat_redirect CRD #113203
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$3.2B
Assets Managed
7
Clients
10
Employees
25
Years Active
since 2001

Compensation Model

% of Assets (AUM)
Hourly Fees
Fixed / Flat Fees
Commissions
Performance Fees

Compensation type disclosed on SEC Form ADV Item 5C. Filed 46157. Specific fee percentages are available in this firm's Form ADV Part 2A brochure at adviserinfo.sec.gov.

Conflict of Interest Analysis

Broker-Dealer Affiliated: No

No broker-dealer affiliation. Lower risk of commission-driven advice.

Insurance Licensed: No

Not insurance licensed. Cannot sell you annuity or insurance products directly.

Custody of Client Assets: Yes

This firm has direct custody of client assets, rather than using an independent custodian. This is a higher-risk arrangement that requires additional regulatory safeguards.

Proprietary Products: No

Uses only third-party investment products. No proprietary product conflicts.

Regulatory & Disciplinary History

complaint46157

1 regulatory action(s), 1 customer complaint(s)/arbitration(s), 1 termination(s) from a firm disclosed on Form ADV Item 11.

Resolved

Total complaints on record: 1

Complaint ratio: 14.29 per 100 clients

Industry average is approximately 0.15 complaints per 100 clients. A ratio above 0.30 is considered elevated.

Firm Details

Legal NameTENNENBAUM CAPITAL PARTNERS, LLC
CRD Number#113203
SEC RegisteredYes
Registration Date2001-07-06
States RegisteredCA
Assets Under Management$3.2B
Number of Clients7
Employees10
Compensation Typefee-only
Last ADV Filing46157

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Frequently Asked Questions

Is TENNENBAUM CAPITAL PARTNERS, LLC a fiduciary?

Yes. TENNENBAUM CAPITAL PARTNERS, LLC is a registered investment adviser (RIA) with the SEC, which means they are legally required to act as a fiduciary — putting your interests ahead of their own.

How does TENNENBAUM CAPITAL PARTNERS, LLC charge clients?

TENNENBAUM CAPITAL PARTNERS, LLC uses a fee-only compensation model. Full fee details are in their Form ADV Part 2A brochure at adviserinfo.sec.gov.

Does TENNENBAUM CAPITAL PARTNERS, LLC have any complaints?

Yes. TENNENBAUM CAPITAL PARTNERS, LLC has 1 complaint(s) on record. Their complaint ratio is 14.29 per 100 clients (industry average: ~0.15).

How does TENNENBAUM CAPITAL PARTNERS, LLC compare to other advisors in SANTA MONICA?

TENNENBAUM CAPITAL PARTNERS, LLC has a Red Flag Score of 77/100. There are 45 registered advisory firms in SANTA MONICA. Use our city page to compare firms side by side.

Where does this data come from?

All information is sourced from SEC Form ADV public filings (mandatory regulatory disclosures) and FINRA BrokerCheck records. Last updated: 2026-06-24. We do not accept payment from financial advisors.

Data source: SEC Form ADV (Parts 1 and 2A) filed with the Investment Adviser Registration Depository (IARD). Filing date: 46157. Last data refresh: 2026-06-24. AdvisorRanked does not verify the accuracy of SEC filings. This is not financial advice.