Powell Wealth Management

Powell Wealth Management is a wealth management firm in Santa Barbara, California. The firm takes a personal, in-depth approach to managing wealth, focusing on clients with complex needs and customizing strategies individually for each one. Its work covers investment management, estate planning strategy, and multigenerational wealth, supported by a select group of specialists. The practice follows a four-stage process: Plan, Build, Counsel, and Review. Its capabilities include customized investment strategies, tax-sensitive investing, alternative investments, hedging strategies, ESG investing, concentrated equity solutions, philanthropic planning, charitable trust design, donor advised funds, trust services such as revocable and irrevocable trusts, special needs trusts, and asset protection trusts, plus income tax planning and business owner services including succession planning. Powell Wealth Management holds a rating of 5.00 from the customers who have reviewed it.

Tyler B. Powell, AAMS, CRPC, serves as Senior Vice President, Financial Advisor. He began his investment industry career in 2007 and founded Powell Wealth Management in 2023, after earlier roles as Senior Vice President/Investments at Stifel and Associate Vice President/Investments and Branch Manager with Wells Fargo Advisors. He earned a Bachelor of Arts in Business Economics from the University of California in Santa Barbara, where he played Division I water polo, and holds the Chartered Retirement Planning Counselor and Accredited Asset Management Specialist designations along with Series 7, 9, 10, and 66 securities licenses. Lorena Huerta-Parra, Client Service Associate, brings more than 20 years of financial service experience. Lars Henrikson, CFP, is a Financial Planner at LPL Financial who supports the firm in developing and executing financial plans. McKenna Tagg, Senior Marketing Associate, holds a Bachelor's degree in Marketing and Economics and a Master of Business Administration.

The office sits on West Micheltorena Street, a short walk from Chapala Street and roughly a tenth of a mile from the United States Bankruptcy Court. The Santa Barbara Symphony and Notre Dame School are both about two-tenths of a mile away.

Powell Wealth Management is known for the positive rating its clients have given it, and it brings together credentialed planning, trust, and investment expertise for Santa Barbara clients with complex financial lives.