Westmore Asset Management

Westmore Asset Management, operating under Rena Advisors, LLC, was established in May 2012 by principal owner Charles P. Carmona. The firm specializes in providing Investment Supervisory Services tailored to individual client goals, risk tolerance, and time horizons. Clients may grant discretionary authority for portfolio management, including investment selection and execution. The firm primarily focuses on managing mutual funds, equities, bonds, and other securities to diversify portfolios effectively. Additionally, Westmore offers limited Business Strategy Consulting services, assisting with strategic planning, risk management, and corporate governance. For potential clients, Westmore requires a minimum account size of $5,000,000, which may be waived based on client needs. The firm charges an annual fee of 0.90% of total assets under management, paid monthly or quarterly. Business Strategy Consulting fees are negotiable at $750 per hour. Clients are responsible for third-party fees, and RA does not participate in wrap fee programs or charge performance-based fees. The firm does not receive economic benefits for client referrals and maintains transparency in its brokerage practices. Westmore Asset Management does not accept voting authority for client securities and has not faced any financial conditions impairing its ability to meet client commitments.