# Ferguson Wellman Capital Management, Inc.

> Ferguson Wellman Capital Management, Inc. is an SEC-registered investment advisory firm in Portland, OR, registered since 1975, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 9, 2026.

- CRD: 104692
- Filed as: FERGUSON WELLMAN CAPITAL MANAGEMENT, INC.
- Also doing business as: WEST BEARING INVESTMENTS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Portland, OR
- Filing period: October 2026
- Form ADV filing dated: June 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104692
- AdvisorCensus page: https://advisorcensus.com/firm/ferguson-wellman-capital-management-inc-portland-or-104692

## Quick answers

**How is Ferguson Wellman Capital Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Ferguson Wellman Capital Management, Inc. reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Ferguson Wellman Capital Management, Inc. located?**
Ferguson Wellman Capital Management, Inc.'s principal office is in Portland, OR, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Ferguson Wellman Capital Management, Inc. registered with the SEC or a state?**
Ferguson Wellman Capital Management, Inc. is an SEC-registered investment advisory firm, registered since 1975. Status as filed: Approved. CRD 104692.

**How much does Ferguson Wellman Capital Management, Inc. manage?**
Ferguson Wellman Capital Management, Inc. reports $10,664,664,229 in regulatory assets under management in its Form ADV filing dated June 9, 2026 (100% discretionary).

**How have Ferguson Wellman Capital Management, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Ferguson Wellman Capital Management, Inc.: Regulatory assets under management: $6,854,828,294 in the October 2021 data and $10,664,664,229 in the October 2026 data, up 56%. Total employees: 49 in October 2021 and 68 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ferguson Wellman Capital Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (865); individuals (other than high net worth individuals) (86); charitable organizations (58).

**Which custodians does Ferguson Wellman Capital Management, Inc. use?**
Ferguson Wellman Capital Management, Inc.'s 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.

**Does Ferguson Wellman Capital Management, Inc. 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/104692

**What changed in Ferguson Wellman Capital Management, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Added the business name West Bearing Investments. Employees performing advisory functions went from 27 to 31. Regulatory assets under management went from $8,992,352,428 to $10,664,664,229 (+19%). Registered or notice-filed in GA, OH.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

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

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: $10,664,664,229
- Discretionary: $10,664,664,229
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 86 | $49,186,044 |
| High net worth individuals | 865 | $7,883,032,494 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 38 | $1,152,940,786 |
| Charitable organizations | 58 | $971,826,083 |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 38 | $607,678,822 |
| Other | 0 | Not reported |

### 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1975 (50 years)
- Employees: 68 total, 31 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, FL, GA, ID, IL, LA, MD, MN, MT, NC, NV, NY, OH, OR, TN, TX, VA, WA, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Bellevue, WA

### Websites listed on Form ADV (Item 1.I)
- [fergusonwellman.com](https://fergusonwellman.com)
- [vimeo.com/user72635578](https://vimeo.com/user72635578)
- [westbearinginvest.com](https://westbearinginvest.com)
- Facebook @FERGUSONWELLMAN
- Instagram @fergusonwellman
- LinkedIn @FERGUSON-WELLMAN-CAPITAL-MANAGEMENT
- YouTube @FergusonWellman
- X @FERGUSONWELLMAN
- X @fergusonwellman

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,854,828,294 | 49 | March 22, 2021 |
| October 2022 | $8,200,257,802 | 57 | March 18, 2022 |
| October 2023 | $7,145,593,038 | 55 | March 27, 2023 |
| October 2024 | $8,394,137,837 | 60 | March 25, 2024 |
| October 2025 | $8,992,352,428 | 63 | April 17, 2025 |
| October 2026 | $10,664,664,229 | 68 | June 9, 2026 |

Regulatory assets under management: $6,854,828,294 in the October 2021 data and $10,664,664,229 in the October 2026 data, up 56%.
Total employees: 49 in October 2021 and 68 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Added the business name West Bearing Investments.
- Employees performing advisory functions went from 27 to 31.
- Regulatory assets under management went from $8,992,352,428 to $10,664,664,229 (+19%).
- Registered or notice-filed in GA, OH.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ferguson Wellman Capital Management, Inc. (CRD 104692): Form ADV filing data as of October 2026.