SEC-registered wealth management firm Broker-dealer affiliated
Wealth Asset Managers
As of its Form ADV filed September 5, 2026, Wealth Asset Managers, an SEC-registered, broker-dealer affiliated wealth management firm in Spokane, Washington, reported $321.9 million in regulatory assets under management across 2,006 accounts, ranking #105 among all wealth firms in Washington by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 14377
- SEC file number
- 801-41346
- Registered since
- May 7, 1992
- Latest Form ADV filing
- September 5, 2026
- Legal name
- NELSON SECURITIES,INC.
- Organized as
- Corporation
- Fiscal year ends
- June
- Other offices
- 1
Key figures
- Regulatory assets under management
- $321.9 million
- Discretionary
- $294.9 million (91.6%)
- Non-discretionary
- $27.0 million
- Accounts
- 2,006 (1,866 discretionary)
- Clients
- 2,003, approximate as reported
- Employees
- 15
- Advisory staff
- 9 performing investment advisory functions
- Average account
- $160,451
- Asset growth, 1 year
- 18.3% (from $272.0 million a year earlier)
- Asset growth, 3-year annual rate
- 14.7% (from $213.1 million three years earlier)
- Asset growth, 5-year annual rate
- 8.4% (from $215.1 million five years earlier)
- Client growth, 1 year
- -1.0% (from 2,023)
Broker-dealer affiliated. The firm is itself a broker-dealer as well as an investment adviser (Form ADV Item 6.A(1)). It is ranked among all wealth firms, the directory's view that includes wirehouses and broker-dealer firms, not in the main lists of independent RIAs. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among all wealth firms, including wirehouses and broker-dealer firms.
| Ranking | Nationally | In Washington | Value |
|---|---|---|---|
| Largest wealth firms by assets under management, including broker-dealer firms | #4,171 | #105 | $321.9 million |
| Fastest-growing wealth firms over one year, including broker-dealer firms | #2,999 | #105 | 18.3%from $272.0 million |
| Fastest-growing wealth firms over three years, including broker-dealer firms | #3,201 | #97 | 14.7%from $213.1 million |
| Fastest-growing wealth firms over five years, including broker-dealer firms | #3,206 | #98 | 8.4%from $215.1 million |
| Wealth firms with the biggest asset gains over one year, including broker-dealer firms | #3,799 | #104 | $49.9 million |
| Wealth firms with the most clients, including broker-dealer firms | #686 | #13 | 2,003 |
| Wealth firms with the fastest client growth over one year, including broker-dealer firms | #4,789 | #123 | -1.0%from 2,023 |
| Wealth firms with the most accounts, including broker-dealer firms | #1,434 | #40 | 2,006 |
| Wealth firms with the most advisory staff, including broker-dealer firms | #1,650 | #33 | 9 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $38.0 million |
| October 3, 2011 | $38.0 million |
| October 1, 2012 | $42.9 million |
| October 1, 2013 | $50.5 million |
| October 1, 2014 | $56.5 million |
| October 1, 2015 | $61.0 million |
| October 3, 2016 | $93.4 million |
| October 2, 2017 | $111.9 million |
| October 1, 2018 | $128.8 million |
| October 1, 2019 | $146.4 million |
| October 1, 2020 | $160.4 million |
| October 4, 2021 | $215.1 million |
| October 3, 2022 | $185.8 million |
| October 5, 2023 | $213.1 million |
| October 1, 2024 | $242.5 million |
| September 2, 2025 | $272.0 million |
| October 2, 2026 | $321.9 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| Individuals (other than high net worth) 1,996 clients | $318.9 million | |
| Corporations or other businesses 7 clients | $1.7 million | |
| Pension and profit sharing plans fewer than 5 clients | $829,221 | |
| Charitable organizations fewer than 5 clients | $358,037 |
How the firm is paid
- A percentage of assets under management
Advisory services
- Portfolio management for individuals or small businesses
- Publication of periodicals or newsletters
Financial planning clients (Item 5.H): 0.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Broker-dealer
- Insurance broker or agent
Financial industry affiliations (Item 7.A)
None reported.
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 9
- Also registered through a broker-dealer
- 9
- Employees who are IARs (Form ADV 5.B(3))
- 9
Between 4 and 5 of the firm's 9 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Washington
| Firm | City | RAUM |
|---|---|---|
| Rainier Family Wealth, Inc. | Tacoma | $331.5 million |
| Truenorth Wealth Advisors | Seattle | $321.7 million |
| Wealthcollab | Bellevue | $316.2 million |
| The Fauser Group, LLC | Mercer Island | $314.5 million |
| Columbia Advisory Partners, LLC | Spokane | $312.6 million |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Wealth Asset Managers on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.nelsonsecurities.com
- Wealth management firms in Washington
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.