{
  "crd_number": 155312,
  "slug": "deschutes-investment-consulting-llc-portland-or-155312",
  "primary_business_name": "DESCHUTES INVESTMENT CONSULTING, LLC",
  "legal_name": "DESCHUTES INVESTMENT CONSULTING, LLC",
  "dbas": [],
  "city": "Portland",
  "state": "OR",
  "country": "United States",
  "cbsa_code": "38900",
  "metro": {
    "cbsa_code": "38900",
    "common_name": "Portland",
    "msa_name": "Portland-Vancouver-Hillsboro, OR-WA",
    "path": "/advisors/or/portland"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2011-01-03",
  "years_registered": 15,
  "period": "2026-10-01",
  "filing_date": "2026-03-19",
  "carried_forward": false,
  "raum_total": 2888130797.0,
  "raum_discretionary": 597839433.0,
  "raum_non_discretionary": 2290291364.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 14,
  "advisory_employees": 10,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 5714795.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 77336690.0,
      "count": 250
    },
    "state_municipal": {
      "raum": 83737487.0,
      "count": null,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 11204723.0,
      "count": null,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 2206543877.0,
      "count": 82
    },
    "high_net_worth_individuals": {
      "raum": 403070415.0,
      "count": 153
    },
    "corporations_other_businesses": {
      "raum": 100522810.0,
      "count": 8
    }
  },
  "compensation_types": [
    "commissions",
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "pension_consulting",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "OR",
    "TX",
    "WA"
  ],
  "websites": [
    "https://deschutesinvestment.com",
    "https://facebook.com/DeschutesInvestmentConsulting",
    "https://linkedin.com/company/deschutes-investment-consulting-llc"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/155312",
  "city_as_filed": "PORTLAND",
  "url": "https://advisorcensus.com/firm/deschutes-investment-consulting-llc-portland-or-155312",
  "display_name": "Deschutes Investment Consulting, LLC",
  "summary": "Deschutes Investment Consulting, LLC is an SEC-registered investment advisory firm in Portland, OR, registered since 2011, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 19, 2026.",
  "citation": "AdvisorCensus. Deschutes Investment Consulting, LLC (CRD 155312): 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)",
    "Commissions"
  ],
  "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",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Publication of periodicals or newsletters",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Deschutes Investment Consulting, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Deschutes Investment Consulting, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions."
    },
    {
      "q": "What does Deschutes Investment Consulting, LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 19, 2026 states: Up to $1,000,000: 1.25% a year; $1,000,000 to $5,000,000: 0.75% a year; $5,000,000 to $10,000,000: 0.5% a year; Above $10,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Deschutes Investment Consulting, LLC located?",
      "a": "Deschutes Investment Consulting, LLC's principal office is in Portland, OR, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Deschutes Investment Consulting, LLC registered with the SEC or a state?",
      "a": "Deschutes Investment Consulting, LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 155312."
    },
    {
      "q": "How much does Deschutes Investment Consulting, LLC manage?",
      "a": "Deschutes Investment Consulting, LLC reports $2,888,130,797 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (21% discretionary)."
    },
    {
      "q": "How have Deschutes Investment Consulting, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Deschutes Investment Consulting, LLC: Regulatory assets under management: $1,266,092,003 in the October 2021 data and $2,888,130,797 in the October 2026 data, up 128%. Total employees: 13 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Deschutes Investment Consulting, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (250); high net worth individuals (153); pension and profit sharing plans (but not the plan participants or government pension plans) (82)."
    },
    {
      "q": "Which custodians does Deschutes Investment Consulting, LLC use?",
      "a": "Deschutes Investment Consulting, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Charles Schwab Trust and Fidelity Trust as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Deschutes Investment Consulting, LLC 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/155312"
    },
    {
      "q": "What changed in Deschutes Investment Consulting, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 7 to 10. Regulatory assets under management went from $2,474,201,625 to $2,888,130,797 (+17%). Changed its office addresses in Bend, OR."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1266092003.0,
      "total_employees": 13,
      "filing_date": "2021-03-08"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1323846005.0,
      "total_employees": 12,
      "filing_date": "2022-03-15"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1693264697.0,
      "total_employees": 8,
      "filing_date": "2023-03-20"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2128031383.0,
      "total_employees": 12,
      "filing_date": "2024-03-21"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 2474201625.0,
      "total_employees": 12,
      "filing_date": "2025-02-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2888130797.0,
      "total_employees": 14,
      "filing_date": "2026-03-19"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 7 to 10.",
        "Regulatory assets under management went from $2,474,201,625 to $2,888,130,797 (+17%).",
        "Changed its office addresses in Bend, OR."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Added an office in Bend, OR."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 19, 2026",
    "tiers": [
      {
        "band": "Up to $1,000,000",
        "rate": "1.25%"
      },
      {
        "band": "$1,000,000 to $5,000,000",
        "rate": "0.75%"
      },
      {
        "band": "$5,000,000 to $10,000,000",
        "rate": "0.5%"
      },
      {
        "band": "Above $10,000,000",
        "rate": null,
        "note": "Not stated in this schedule; see the brochure."
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$5,000",
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $1,000,000: 1.25% a year",
          "$1,000,000 to $5,000,000: 0.75% a year",
          "$5,000,000 to $10,000,000: 0.5% a year",
          "Above $10,000,000: see the brochure"
        ],
        "quotes": [
          "Our standard fee schedule is stated below (fees are on an annual basis):\n\n1.25% (125 basis points) on the first $1 million of assets\n0.75% (75 basis points) on assets between $1 and $5 million\n0.50% (50 basis points) on assets between $5 and $10 million\nNegotiable on assets over $10 million"
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $5,000"
        ],
        "quotes": [
          "Minimum Fee. We may charge you a minimum fee. If we do charge a minimum fee, the minimum fee is $5,000 per year."
        ]
      }
    ],
    "quotes": [
      "Our standard fee schedule is stated below (fees are on an annual basis):\n\n1.25% (125 basis points) on the first $1 million of assets\n0.75% (75 basis points) on assets between $1 and $5 million\n0.50% (50 basis points) on assets between $5 and $10 million\nNegotiable on assets over $10 million",
      "Minimum Fee. We may charge you a minimum fee. If we do charge a minimum fee, the minimum fee is $5,000 per year."
    ],
    "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
    },
    {
      "name": "Charles Schwab Trust",
      "name_as_filed": "CHARLES SCHWAB TRUST",
      "affiliated": false
    },
    {
      "name": "Fidelity Trust",
      "name_as_filed": "FIDELITY TRUST",
      "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/deschutes-investment-consulting-llc-portland-or-155312.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 250,
      "fewer_than_5": false,
      "raum": 77336690.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 153,
      "fewer_than_5": false,
      "raum": 403070415.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 82,
      "fewer_than_5": false,
      "raum": 2206543877.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 5714795.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 83737487.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": true,
      "raum": 11204723.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 8,
      "fewer_than_5": false,
      "raum": 100522810.0
    }
  ],
  "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/155312",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}