# Cedar Mountain Advisors, LLC

> Cedar Mountain Advisors, LLC is an SEC-registered investment advisory firm in Lake Oswego, OR, registered since 2008, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 140339
- Filed as: CEDAR MOUNTAIN ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lake Oswego, OR
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/140339
- AdvisorCensus page: https://advisorcensus.com/firm/cedar-mountain-advisors-llc-lake-oswego-or-140339

## Quick answers

**How is Cedar Mountain Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Cedar Mountain Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Cedar Mountain Advisors, LLC located?**
Cedar Mountain Advisors, LLC's principal office is in Lake Oswego, OR, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Cedar Mountain Advisors, LLC registered with the SEC or a state?**
Cedar Mountain Advisors, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 140339.

**How much does Cedar Mountain Advisors, LLC manage?**
Cedar Mountain Advisors, LLC reports $1,197,759,928 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (74% discretionary).

**How have Cedar Mountain Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Cedar Mountain Advisors, LLC: Regulatory assets under management: $748,887,708 in the October 2021 data and $1,197,759,928 in the October 2026 data, up 60%. Total employees: 10 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cedar Mountain Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (593); high net worth individuals (239); pension and profit sharing plans (but not the plan participants or government pension plans) (38).

**Which custodians does Cedar Mountain Advisors, LLC use?**
Cedar Mountain Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and SEI Private Trust Company as custodians holding 10% or more of its separately managed account assets.

**Does Cedar Mountain Advisors, LLC report any disciplinary disclosures?**
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/140339

**What changed in Cedar Mountain Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,064,447,606 to $1,197,759,928 (+13%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- SEI Private Trust Company

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.

### Regulatory assets under management (Item 5.F)
- Total: $1,197,759,928
- Discretionary: $891,876,876
- Non-discretionary: $305,883,052

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 593 | $218,967,874 |
| High net worth individuals | 239 | $596,417,304 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 38 | $376,549,068 |
| Charitable organizations | 13 | $607,804 |
| Corporations or other businesses not listed above | 7 | $5,217,878 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2008 (18 years)
- Employees: 10 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, FL, NH, OR, TX, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Portland, OR
- Tigard, OR

### Websites listed on Form ADV (Item 1.I)
- cmapdx.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $748,887,708 | 10 | March 11, 2021 |
| October 2022 | $863,778,428 | 10 | July 14, 2022 |
| October 2023 | $726,914,201 | 10 | August 10, 2023 |
| October 2024 | $870,055,587 | 10 | July 12, 2024 |
| October 2025 | $1,064,447,606 | 10 | July 22, 2025 |
| October 2026 | $1,197,759,928 | 10 | March 24, 2026 |

Regulatory assets under management: $748,887,708 in the October 2021 data and $1,197,759,928 in the October 2026 data, up 60%.
Total employees: 10 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,064,447,606 to $1,197,759,928 (+13%).

### January 2026
- No longer registered or notice-filed in CO, NV, PA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cedar Mountain Advisors, LLC (CRD 140339): Form ADV filing data as of October 2026.