{
  "crd_number": 315440,
  "slug": "badgley-phelps-wealth-managers-seattle-wa-315440",
  "primary_business_name": "BADGLEY PHELPS WEALTH MANAGERS",
  "legal_name": "BADGLEY PHELPS WEALTH MANAGERS, LLC",
  "dbas": [],
  "city": "Seattle",
  "state": "WA",
  "country": "United States",
  "cbsa_code": "42660",
  "metro": {
    "cbsa_code": "42660",
    "common_name": "Seattle",
    "msa_name": "Seattle-Tacoma-Bellevue, WA",
    "path": "/advisors/wa/seattle"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-07-26",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 7280763257.0,
  "raum_discretionary": 6900746830.0,
  "raum_non_discretionary": 380016427.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 45,
  "advisory_employees": 26,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 117536732.0,
      "count": 17
    },
    "individuals": {
      "raum": 93321459.0,
      "count": 259
    },
    "high_net_worth_individuals": {
      "raum": 6865218458.0,
      "count": 1023
    },
    "corporations_other_businesses": {
      "raum": 204686608.0,
      "count": 57
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AZ",
    "CA",
    "CO",
    "CT",
    "FL",
    "HI",
    "ID",
    "IL",
    "MA",
    "ME",
    "MN",
    "MT",
    "NC",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OR",
    "PA",
    "TX",
    "UT",
    "VA",
    "WA"
  ],
  "websites": [
    "https://badgley.com",
    "https://facebook.com/PG/BADGLEYPHELPS/POSTS",
    "https://focusfinancialpartners.com",
    "https://linkedin.com/COMPANY/BADGLEY-PHELPS-INVESTMENT-MANAGERS",
    "https://linkedin.com/COMPANY/FOCUS-FINANCIAL-PARTNERS",
    "https://online.badgley.com",
    "https://twitter.com/FOCUSFINANCIAL"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/315440",
  "city_as_filed": "SEATTLE",
  "url": "https://advisorcensus.com/firm/badgley-phelps-wealth-managers-seattle-wa-315440",
  "display_name": "Badgley Phelps Wealth Managers",
  "summary": "Badgley Phelps Wealth Managers is an SEC-registered investment advisory firm in Seattle, WA, registered since 2021, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Badgley Phelps Wealth Managers (CRD 315440): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Badgley Phelps Wealth Managers compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Badgley Phelps Wealth Managers reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "What does Badgley Phelps Wealth Managers' brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Up to $5,000,000: 0.9% a year; $5,000,000 to $10,000,000: 0.7% a year; Above $10,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Badgley Phelps Wealth Managers located?",
      "a": "Badgley Phelps Wealth Managers' principal office is in Seattle, WA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Badgley Phelps Wealth Managers registered with the SEC or a state?",
      "a": "Badgley Phelps Wealth Managers is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 315440."
    },
    {
      "q": "How much does Badgley Phelps Wealth Managers manage?",
      "a": "Badgley Phelps Wealth Managers reports $7,280,763,257 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (95% discretionary)."
    },
    {
      "q": "How have Badgley Phelps Wealth Managers' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Badgley Phelps Wealth Managers: Regulatory assets under management: $4,372,707,212 in the October 2021 data and $7,280,763,257 in the October 2026 data, up 67%. Total employees: 22 in October 2021 and 45 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Badgley Phelps Wealth Managers serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (1,023); individuals (other than high net worth individuals) (259); corporations or other businesses not listed above (57)."
    },
    {
      "q": "Which custodians does Badgley Phelps Wealth Managers use?",
      "a": "Badgley Phelps Wealth Managers' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Badgley Phelps Wealth Managers report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/315440"
    },
    {
      "q": "Does Badgley Phelps Wealth Managers state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"Badgley Phelps requires a minimum investment portfolio(s) of $1,000,000 per client household, but this minimum can be waived under certain situations.\""
    },
    {
      "q": "What changed in Badgley Phelps Wealth Managers' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $5,902,779,678 to $7,280,763,257 (+23%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 4372707212.0,
      "total_employees": 22,
      "filing_date": "2021-09-28"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 4769433917.0,
      "total_employees": 24,
      "filing_date": "2022-08-09"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 4206191970.0,
      "total_employees": 23,
      "filing_date": "2023-09-25"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 5126260432.0,
      "total_employees": 37,
      "filing_date": "2024-09-13"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 5902779678.0,
      "total_employees": 43,
      "filing_date": "2025-05-16"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 7280763257.0,
      "total_employees": 45,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $5,902,779,678 to $7,280,763,257 (+23%)."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Registered or notice-filed in UT."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in DE, LA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "tiers": [
      {
        "band": "Up to $5,000,000",
        "rate": "0.9%"
      },
      {
        "band": "$5,000,000 to $10,000,000",
        "rate": "0.7%"
      },
      {
        "band": "Above $10,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $5,000,000: 0.9% a year",
          "$5,000,000 to $10,000,000: 0.7% a year",
          "Above $10,000,000: 0.5% a year"
        ],
        "quotes": [
          "Badgley Phelps’ standard advisory fee schedule for new accounts is as follows: Portfolio Value at Market: Annual Fee: First $5,000,000 0.90% Next $5,000,000 0.70% Amount over $10,000,000 0.50%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Badgley Phelps requires a minimum investment portfolio(s) of $1,000,000 per client household, but this minimum can be waived under certain situations."
        ]
      }
    ],
    "quotes": [
      "Badgley Phelps’ standard advisory fee schedule for new accounts is as follows: Portfolio Value at Market: Annual Fee: First $5,000,000 0.90% Next $5,000,000 0.70% Amount over $10,000,000 0.50%",
      "Badgley Phelps requires a minimum investment portfolio(s) of $1,000,000 per client household, but this minimum can be waived under certain situations."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/badgley-phelps-wealth-managers-seattle-wa-315440.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 259,
      "fewer_than_5": false,
      "raum": 93321459.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1023,
      "fewer_than_5": false,
      "raum": 6865218458.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 17,
      "fewer_than_5": false,
      "raum": 117536732.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 57,
      "fewer_than_5": false,
      "raum": 204686608.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/315440",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}