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Adviser Profile

As of Date 03/13/2024
Adviser Type - Large advisory firm
Number of Employees 5
of those in investment advisory functions 4 33.33%
Registration SEC, Approved, 12/05/2019
AUM* 507,517,232 6.57%
of that, discretionary 507,517,232 6.57%
Private Fund GAV* 176,817,289 -0.06%
Avg Account Size 464,759 8.33%
% High Net Worth 39.85% 60.92%
SMA’s Yes
Private Funds 9 4
Contact Info 661 xxxxxxx
Websites

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pooled investment vehicles
- Pension and profit sharing plans
- Charitable organizations
- Corporations or other businesses not listed above

Advisory Activities

- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses
- Pension consulting services
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
476M 408M 340M 272M 204M 136M 68M
2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count9 GAV$176,817,289

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Brochure Summary

Overview

Our Services Woodward Diversified Capital, LLC (“Woodward Diversified Capital”) is a fee-only registered investment adviser that provides investment management and financial advisory services to individual investors to help them achieve their financial needs and goals. Founded in 2019, the firm is owned by Gabriel Woodward, Beau Woodward and Thomas Woodward. Our firm takes pride in providing personalized service to our clients and acknowledges that it is held to a fiduciary standard of care. Woodward Diversified Capital offers portfolio management services through a wrap fee program. A bundled or “wrap fee” program is an advisory fee program under which you pay one bundled fee to compensate Woodward Diversified Capital for portfolio management and trade execution. A wrap fee program may not be the lowest cost option if you would like to restrict your investments to open- end mutual funds or other long-term investment products. Woodward Diversified Capital manages our clients’ portfolios on a discretionary and, in limited circumstances, non-discretionary basis. Our portfolio management services are tailored to the needs of our clients and are based on a comprehensive understanding of each client’s current situation, past experiences, and future goals. With this acquired knowledge we create, analyze, strategize, and implement goal-oriented investment solutions. These solutions become our clients’ investment policy. This policy and our matched strategies are designed to be risk appropriate, cost effective and tax efficient. Fees and Compensation Fees for portfolio management services are based on assets under management and are payable quarterly in advance. Woodward Diversified Capital may negotiate advisory fees at our sole discretion. We may negotiate a fee rate that differs from our standard fee schedule for certain clients or in situations where Woodward Diversified Capital provides advice with respect to certain client holdings (e.g., held-away assets, 529 plans, etc.). The graduated fee schedule for our wrap fee program is outlined below. Assets Under Management Annual Advisory Fee $0 to $999,999 1.25% $1,000,000 to $6,999,999 1.00% Above $7,000,000 0.90% This fee schedule may be based on cumulative household assets under management. However, certain ERISA rules prevent householding corporate plans with personal assets for fee reductions. You should refer to your advisory agreement for your specific fee rate(s). Selection of Other Independent Managers Fees for other Independent Managers used to manage all or a portion of a client’s account are set forth by the Independent Manager and may be included or in addition to Woodward Diversified Capital’s fees. You should refer to the Independent Manager’s Form ADV Part 2A Brochure for information on their fees and compensation. Program Offered Through Wells Fargo Advisors When utilizing the separately managed account program offered by Wells Fargo Advisors, investment management services are provided by third-party money managers through the Private Advisor Network Program. Wells Fargo Advisors and the third-party manager require clients to sign an investment advisory agreement for access to the Private Advisor Network program in addition to our investment management agreement. Fees for advisory programs offered through Wells Fargo Advisors are inclusive of Woodward Diversified Capital’s and Wells Fargo Advisors’ advisory fees and are as follows: Program Program Type Maximum Annual Advisory Fee Private Advisor Network Separately Managed Account 2.05% Advisory fees for the third-party manager utilized through the Private Advisor Network Program are not included in the above program fee. You pay for the services of the third-party manager separately. You should
refer to your advisory agreement for your specific fee rate(s). Wells Fargo Advisors will calculate and directly debit advisory fees from the clients’ accounts for assets within their programs. The value of assets held in any Wells Fargo Advisors program is excluded from the amount of total household assets used to determine Woodward Diversified Capital’s advisory fees for other assets of a client that are managed by Woodward Diversified Capital. Programs Offered Through Adhesion When utilizing third-party investment strategists available through Adhesion, Woodward Diversified Capital may utilize separately managed account managers, model providers, mutual funds/ETF strategies and/or individual equity and fixed income securities to construct a portfolio tailored to your needs. Through the Adhesion program, Adhesion acts as a sub-adviser to our firm and does not require clients sign a separate investment advisory agreement for access to their program. Fees for the program available through Adhesion are inclusive of Woodward Diversified Capital’s advisory fees, the third-party asset manager’s advisory fees and Adhesion’s overlay/platform fee and are as follows: Maximum Annual Advisory Fee 2.10% You should refer to your investment management agreement for your specific fee rate(s). Costs of Our Program Fees for our portfolio management services may be higher than fees charged by other advisers who sponsor similar programs, or if you paid separately for investment advice and other services. Fees for our wrap fee program include clearing and custodial costs and our portfolio management fee. You may be charged different fees than similarly situated clients for the same services. Your specific wrap fee is described in your investment management agreement. You should carefully review this brochure to understand the fees and other sources of compensation we receive prior to entering into an investment advisory contract with our firm. Other Types of Fees You May Incur You may incur additional charges imposed by custodians, broker-dealers, investment companies and other third parties, such as account maintenance fees, transfer taxes, wire transfer and electronic fund fees and other fees and taxes on securities transactions. Such charges and fees are exclusive of and in addition to Woodward Diversified Capital’s fees. You are responsible for payment of any and all taxes that may be due as a result of any transactions in your account. In addition to advisory fees, you are responsible for paying any management and other fund-related expenses for any mutual funds in which your account assets are invested. This includes redemption fees imposed by the mutual fund or custodian as a result of a transaction-related request you initiate (such as a partial or complete liquidation of your account). Distribution or “12b-1” fees paid by any mutual funds in which your account assets are invested are credited back to your account for your benefit. Our Compensation for Your Participation in the Program Woodward Diversified Capital generally acts as both the sponsor and portfolio manager of the wrap fee program. As a result, we receive compensation in the form of advisory fees for your participation in the program. The fact that we recommend this program may be viewed as a conflict of interest as we have an incentive to recommend the program over other programs or services. Your overall fees may be higher or lower if you paid separately for investment advice, brokerage, and other services. It is our policy to always act in the best interests of our clients. We encourage you to consider your anticipated level of trading activity and compare the costs you may incur in the program versus an unbundled portfolio management program.