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Independent RIAs in Washington

As of October 2, 2026, 590 independent wealth management RIAs based in Washington reported $204.6 billion in regulatory assets under management; the largest by assets was Brighton Jones LLC, with $18.9 billion.

Include wirehouses and broker-dealer firms

Independent wealth management RIAs
590
SEC-registered
237
State-registered
353
Regulatory assets under management
$204.6 billion
Client accounts
291,894
Median firm size
$70.0 million
Broker-dealer affiliated firms, not included
11, with $2.2 billion

Washington has not adopted IAR continuing education. Status from NASAA's IAR CE map, checked October 5, 2026. IAR CE in Washington.

Top firms in Washington

Largest independent RIAs by assets under management

Rank Firm City RAUM
1 Brighton Jones LLC Seattle $18.9 billion
2 Freestone Capital Management, LLC Seattle $14.5 billion
3 Coldstream Wealth Management Bellevue $13.9 billion
4 LNW Seattle $12.2 billion
5 Empirical Wealth Management Seattle $8.4 billion
6 Badgley Phelps Wealth Managers Seattle $7.3 billion
7 Evergreen Capital Management LLC Bellevue $7.2 billion
8 Threadline Wealth Bellevue $5.8 billion
9 Northwest Asset Management Mercer Island $4.1 billion
10 Parcion Private Wealth LLC Bellevue $3.0 billion

Top 100 in Washington

Fastest-growing independent RIAs over one year

Rank Firm City Growth Starting value
1 Capstone Investment Group Olympia 124.9% $152.4 million
2 Smartharvest Portfolios Seattle 104.8% $170.0 million
3 Advisor Share Wealth Management, LLC Vancouver 103.6% $185.2 million
4 Northern Capital Management, Inc. Spokane 98.7% $462.2 million
5 Helm Capital Management Seattle 97.3% $203.1 million
6 Northern Lights Advisors, Inc. Seattle 96.5% $131.7 million
7 Private Advisory Redmond 62.9% $1.3 billion
8 Fortis Capital Management LLC Bellevue 59.9% $726.3 million
9 LNW Seattle 59.1% $7.7 billion
10 Cloud Capital Management Seattle 58.1% $189.9 million

Top 100 in Washington

Fastest-growing independent RIAs over three years

Rank Firm City Growth Starting value
1 Mainsail Financial Group Bellevue 52.6% $113.6 million
2 Private Advisory Redmond 49.5% $642.2 million
3 Capstone Investment Group Olympia 46.6% $108.9 million
4 Aviso Wealth Management Bellevue 40.6% $223.4 million
5 Northern Capital Management, Inc. Spokane 39.2% $340.2 million
6 Fortis Capital Management LLC Bellevue 38.6% $436.0 million
7 Talbot Financial, LLC Bellevue 37.1% $520.6 million
8 Madrona Financial & CPAS Everett 37.0% $268.8 million
9 Helm Capital Management Seattle 35.9% $159.9 million
10 Wealthcollab Bellevue 34.4% $130.2 million

Top 100 in Washington

Fastest-growing independent RIAs over five years

Rank Firm City Growth Starting value
1 Aspire Capital Advisors LLC Seattle 49.5% $165.1 million
2 Fortis Capital Management LLC Bellevue 49.5% $155.7 million
3 Private Advisory Redmond 35.1% $476.7 million
4 SCS Bellevue 33.1% $464.7 million
5 Aletheian Wealth Advisors LLC Bellevue 32.8% $100.0 million
6 Aviso Wealth Management Bellevue 29.6% $169.7 million
7 Lighthouse Wealth Strategies, LLC Gig Harbor 28.0% $245.8 million
8 Talbot Financial, LLC Bellevue 27.3% $401.4 million
9 Capstone Investment Group Olympia 25.7% $109.3 million
10 Leeward Financial Partners, LLC Bellevue 23.1% $142.0 million

Top 100 in Washington

Independent RIAs with the biggest asset gains over one year

Rank Firm City Increase
1 LNW Seattle $4.5 billion
2 Brighton Jones LLC Seattle $3.9 billion
3 Freestone Capital Management, LLC Seattle $3.0 billion
4 Aerie Advisory Group LLC Gig Harbor $2.0 billion
5 Evergreen Capital Management LLC Bellevue $2.0 billion
6 Empirical Wealth Management Seattle $1.7 billion
7 Coldstream Wealth Management Bellevue $1.5 billion
8 Badgley Phelps Wealth Managers Seattle $1.4 billion
9 Threadline Wealth Bellevue $1.0 billion
10 Asset One Wealth Management, LLC Bellevue $982.5 million

Top 100 in Washington

Independent RIAs with the most clients

Rank Firm City Most clients
1 Coldstream Wealth Management Bellevue 4,386
2 Clear Creek Financial Management, LLC Silverdale 4,013
3 Brighton Jones LLC Seattle 4,011
4 Kiley Juergens Wealth Management, LLC Olympia 3,070
5 Freestone Capital Management, LLC Seattle 2,994
6 Northwest Asset Management Mercer Island 2,793
7 Advisor Share Wealth Management, LLC Vancouver 2,521
8 SCS Bellevue 2,493
9 Empirical Wealth Management Seattle 2,400
10 Asset One Wealth Management, LLC Bellevue 2,346

Top 100 in Washington

Independent RIAs with the fastest client growth over one year

Rank Firm City Growth Starting value
1 Advisor Share Wealth Management, LLC Vancouver 161.8% 963
2 Fortis Capital Management LLC Bellevue 96.0% 352
3 LNW Seattle 95.4% 588
4 Capstone Investment Group Olympia 66.1% 493
5 Tradewinds Capital Management, LLC Bellingham 57.7% 1,419
6 Tolsma Investments, LLC Bellevue 55.7% 149
7 Private Advisory Redmond 54.6% 601
8 Moulton Wealth Management, Inc Spokane Valley 52.9% 312
9 JMK & Associates, LLC Spokane 48.3% 980
10 Smartharvest Portfolios Seattle 48.3% 172

Top 100 in Washington

Independent RIAs with the most accounts

Rank Firm City Most accounts
1 Clear Creek Financial Management, LLC Silverdale 9,428
2 Northwest Asset Management Mercer Island 9,090
3 Empirical Wealth Management Seattle 8,690
4 Kiley Juergens Wealth Management, LLC Olympia 6,799
5 LNW Seattle 6,041
6 Aspire Capital Advisors LLC Seattle 5,393
7 Synergy Asset Management, LLC Vancouver 5,353
8 Threadline Wealth Bellevue 4,790
9 Freestone Capital Management, LLC Seattle 4,494
10 First Pacific Financial, Inc. Vancouver 4,448

Top 100 in Washington

Independent RIAs with the most advisory staff

Rank Firm City Most advisory staff
1 Coldstream Wealth Management Bellevue 166
2 Brighton Jones LLC Seattle 156
3 LNW Seattle 96
4 Empirical Wealth Management Seattle 57
5 Clear Creek Financial Management, LLC Silverdale 48
6 Freestone Capital Management, LLC Seattle 46
7 Northwest Asset Management Mercer Island 44
8 Advisor Share Wealth Management, LLC Vancouver 41
9 SCS Bellevue 32
10 Threadline Wealth Bellevue 30

Top 100 in Washington

Independent RIAs with the most high net worth clients

Rank Firm City Most high net worth clients
1 Brighton Jones LLC Seattle 3,024
2 Coldstream Wealth Management Bellevue 2,393
3 Empirical Wealth Management Seattle 1,839
4 Freestone Capital Management, LLC Seattle 1,337
5 SCS Bellevue 1,110
6 Badgley Phelps Wealth Managers Seattle 1,023
7 Threadline Wealth Bellevue 1,002
8 LNW Seattle 850
9 Northwest Asset Management Mercer Island 832
10 Evergreen Capital Management LLC Bellevue 754

Top 100 in Washington

Independent RIAs with the most CFP professionals

Rank Firm City Most CFP professionals
1 Brighton Jones LLC Seattle 97
2 Coldstream Wealth Management Bellevue 39
3 Empirical Wealth Management Seattle 33
4 LNW Seattle 31
5 Freestone Capital Management, LLC Seattle 20
6 Northwest Asset Management Mercer Island 19
7 Threadline Wealth Bellevue 13
8 Avier Wealth Advisors Bellevue 12
9 First Pacific Financial, Inc. Vancouver 11
10 Clear Creek Financial Management, LLC Silverdale 10

Top 100 in Washington

Newest independent RIAs

Rank Firm City Amount
1 Gevers Wealth Management Issaquah $223.7 million
2 Soundpath Retirement Strategies, LLC Bellevue $158.5 million
3 Peterson Investment Management Inc Spokane $146.1 million
4 Brackenwood Capital Management, LLC Bainbridge Island $126.6 million
5 Integrated Wealth Advisors, LLC Bellevue $122.4 million
6 Commencement Financial Planning LLC Lakewood $121.7 million
7 Singer Wealth Management Seattle $119.0 million
8 Meridian Wealth Management Gig Harbor $117.8 million
9 Trail Financial Planning LLC Bellingham $117.3 million
10 Abraham & Co., Inc. Gig Harbor $117.0 million

Top 100 in Washington

Over time

From the SEC's yearly files: SEC-registered independent RIAs based in Washington, from October 2018, each snapshot classed from its own Form ADV answers.

FirmsSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
0100200300201820202021202320242026237October 1, 2018: 137October 1, 2019: 157October 1, 2020: 162October 4, 2021: 175October 3, 2022: 193October 5, 2023: 190October 1, 2024: 190September 2, 2025: 193October 2, 2026: 237
Data table
As ofFirms
October 1, 2018137
October 1, 2019157
October 1, 2020162
October 4, 2021175
October 3, 2022193
October 5, 2023190
October 1, 2024190
September 2, 2025193
October 2, 2026237
Regulatory assets under managementSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
$0$100B$200B$300B$400B201820202021202320242026$195BOctober 1, 2018: $167.7 billionOctober 1, 2019: $177.8 billionOctober 1, 2020: $218.3 billionOctober 4, 2021: $277.9 billionOctober 3, 2022: $351.7 billionOctober 5, 2023: $120.9 billionOctober 1, 2024: $145.6 billionSeptember 2, 2025: $162.2 billionOctober 2, 2026: $195.4 billion
Data table
As ofRegulatory assets under management
October 1, 2018$167.7 billion
October 1, 2019$177.8 billion
October 1, 2020$218.3 billion
October 4, 2021$277.9 billion
October 3, 2022$351.7 billion
October 5, 2023$120.9 billion
October 1, 2024$145.6 billion
September 2, 2025$162.2 billion
October 2, 2026$195.4 billion
Client accountsSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
0200K400K600K201820202021202320242026263KOctober 1, 2018: 181,275October 1, 2019: 242,037October 1, 2020: 264,304October 4, 2021: 383,355October 3, 2022: 456,308October 5, 2023: 242,908October 1, 2024: 258,352September 2, 2025: 250,008October 2, 2026: 263,370
Data table
As ofClient accounts
October 1, 2018181,275
October 1, 2019242,037
October 1, 2020264,304
October 4, 2021383,355
October 3, 2022456,308
October 5, 2023242,908
October 1, 2024258,352
September 2, 2025250,008
October 2, 2026263,370
Median firm size (RAUM)SEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
$0$100M$200M$300M$400M201820202021202320242026$286MOctober 1, 2018: $279.0 millionOctober 1, 2019: $269.7 millionOctober 1, 2020: $278.1 millionOctober 4, 2021: $276.4 millionOctober 3, 2022: $285.6 millionOctober 5, 2023: $258.0 millionOctober 1, 2024: $299.3 millionSeptember 2, 2025: $308.1 millionOctober 2, 2026: $285.8 million
Data table
As ofMedian firm size (RAUM)
October 1, 2018$279.0 million
October 1, 2019$269.7 million
October 1, 2020$278.1 million
October 4, 2021$276.4 million
October 3, 2022$285.6 million
October 5, 2023$258.0 million
October 1, 2024$299.3 million
September 2, 2025$308.1 million
October 2, 2026$285.8 million

The market in Washington now

Headline figures

MeasureIndependent RIAsSEC-registeredState-registered
Firms590237353
Regulatory assets under management$204.6 billion$195.4 billion$9.2 billion
Accounts291,894263,37028,524
Clients131,740111,47820,262
Employees3,3702,807563
Advisory employees2,2141,734480
Investment adviser representatives2,2841,789495
Median RAUM$70.0 million$285.8 million$22.0 million
Average RAUM$387.5 million$845.8 million$31.1 million

Firms by size

Advisers grouped by regulatory assets under management.

MeasureIndependent RIAsSEC-registeredState-registered
Firms under $100 million2916285
RAUM of firms under $100 million$8.1 billion$222.5 million$7.9 billion
Firms $100 million to $250 million1099712
RAUM of firms $100 million to $250 million$16.8 billion$15.5 billion$1.3 billion
Firms $250 million to $500 million62620
RAUM of firms $250 million to $500 million$21.6 billion$21.6 billion$0
Firms $500 million to $1 billion30300
RAUM of firms $500 million to $1 billion$21.5 billion$21.5 billion$0
Firms $1 billion to $5 billion28280
RAUM of firms $1 billion to $5 billion$48.3 billion$48.3 billion$0
Firms $5 billion to $10 billion440
RAUM of firms $5 billion to $10 billion$28.7 billion$28.7 billion$0
Firms $10 billion and up440
RAUM of firms $10 billion and up$59.5 billion$59.5 billion$0

Concentration

How much of the market the largest advisers hold.

Concentration: independent RIAsAs of October 2, 2026.
Top 10 share of RAUM 46.6%
Top 100 share of RAUM 83.8%
MeasureIndependent RIAsSEC-registeredState-registered
Top 10 share of RAUM46.6%48.8%11.9%
Top 100 share of RAUM83.8%87.8%71.8%

How advisers are paid

Share of advisers reporting each form of compensation on Form ADV Item 5.E. A firm can report several.

How advisers are paid: independent RIAsAs of October 2, 2026.
Charge a percentage of assets 90.3%
Charge hourly fees 59.3%
Charge subscription fees 0.8%
Charge fixed fees 50.3%
Receive commissions 1.5%
Charge performance-based fees 8.0%
Other compensation 5.3%
MeasureIndependent RIAsSEC-registeredState-registered
Charge a percentage of assets90.3%97.5%85.6%
Charge hourly fees59.3%54.0%62.9%
Charge subscription fees0.8%0.4%1.1%
Charge fixed fees50.3%56.5%46.2%
Receive commissions1.5%1.3%1.7%
Charge performance-based fees8.0%8.0%7.9%
Other compensation5.3%6.3%4.5%

Custody

Advisers reporting custody of client cash or securities on Form ADV Item 9.

MeasureIndependent RIAsSEC-registeredState-registered
Have custody25.3%50.6%8.2%

Broker-dealer and other affiliations

From Form ADV Items 6 and 7.

MeasureIndependent RIAsSEC-registeredState-registered
Broker-dealer affiliated1.4%3.0%0.3%

New firms and successions

New registrations and firms reporting that they succeeded to another adviser's business (Form ADV Item 4).

MeasureIndependent RIAsSEC-registeredState-registered
New registrations452520
SuccessionsNo data1No data

Other measures

MeasureIndependent RIAsSEC-registeredState-registered
Firms reporting RAUM528231297
Discretionary RAUM$184.7 billion$176.6 billion$8.0 billion
CFP professionals751599152
25th percentile RAUM$17.2 million$159.8 million$6.5 million
75th percentile RAUM$237.6 million$592.7 million$49.4 million
90th percentile RAUM$629.1 million$1.4 billion$74.6 million
Average account size$700,991$741,884$323,422
Offer financial planning78.5%84.4%74.5%
RAUM growth, one yearNo data20.5%No data

As of October 2, 2026. Definitions of every measure are on the methodology page.

Cities

Cities with at least five independent RIAs.

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.