# Freestone Capital Management, LLC

> Freestone Capital Management, LLC is an SEC-registered investment advisory firm in Seattle, WA, registered since 2008, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 29, 2026.

- CRD: 145711
- Filed as: FREESTONE CAPITAL MANAGEMENT, LLC
- Also doing business as: FREESTONE
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Seattle, WA
- Filing period: October 2026
- Form ADV filing dated: June 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/145711
- AdvisorCensus page: https://advisorcensus.com/firm/freestone-capital-management-llc-seattle-wa-145711

## Quick answers

**How is Freestone Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Freestone Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**Where is Freestone Capital Management, LLC located?**
Freestone Capital Management, LLC's principal office is in Seattle, WA, according to its Form ADV; the July 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is Freestone Capital Management, LLC registered with the SEC or a state?**
Freestone Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 145711.

**How much does Freestone Capital Management, LLC manage?**
Freestone Capital Management, LLC reports $14,540,825,662 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (69% discretionary).

**How have Freestone Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Freestone Capital Management, LLC: Regulatory assets under management: $7,223,476,563 in the October 2021 data and $14,540,825,662 in the October 2026 data, up 101%. Total employees: 74 in October 2021 and 120 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Freestone Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,569); high net worth individuals (1,337); corporations or other businesses not listed above (33).

**Which custodians does Freestone Capital Management, LLC use?**
Freestone Capital Management, LLC'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 Freestone Capital Management, 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/145711

**What changed in Freestone Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 42 to 46. Regulatory assets under management went from $11,493,619,610 to $14,540,825,662 (+27%). Registered or notice-filed in AL, AR, DE, IA, IN, KY, ME, MS, ND, NM, OK, PR, RI, VI, WV.

## From the Form ADV filing

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

### 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: $14,540,825,662
- Discretionary: $9,968,894,538
- Non-discretionary: $4,571,931,124

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,569 | $2,948,033,048 |
| High net worth individuals | 1,337 | $8,401,735,687 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 16 | $2,573,747,154 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 26 | $70,025,934 |
| Charitable organizations | 13 | $75,198,872 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 33 | $472,084,967 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2008 (18 years)
- Employees: 120 total, 46 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, 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
- Anchorage, AK
- Campbell, CA
- San Francisco, CA
- Santa Barbara, CA

### Websites listed on Form ADV (Item 1.I)
- freestonecapital.com
- vimeo.com/user244646317
- Facebook @Freestone-Capital-Management-261727608057483
- LinkedIn @FREESTONE-CAPITAL-MANAGEMENT
- YouTube @UCOyXz0T5kpwIr51Vpt3ZEPg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $7,223,476,563 | 74 | August 16, 2021 |
| October 2022 | $8,929,179,793 | 85 | May 5, 2022 |
| October 2023 | $8,221,070,289 | 94 | October 3, 2023 |
| October 2024 | $9,527,801,546 | 107 | July 8, 2024 |
| October 2025 | $11,493,619,610 | 117 | June 10, 2025 |
| October 2026 | $14,540,825,662 | 120 | June 29, 2026 |

Regulatory assets under management: $7,223,476,563 in the October 2021 data and $14,540,825,662 in the October 2026 data, up 101%.
Total employees: 74 in October 2021 and 120 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 42 to 46.
- Regulatory assets under management went from $11,493,619,610 to $14,540,825,662 (+27%).
- Registered or notice-filed in AL, AR, DE, IA, IN, KY, ME, MS, ND, NM, OK, PR, RI, VI, WV.

### January 2026
- No longer registered or notice-filed in IN, NM.

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Freestone Capital Management, LLC (CRD 145711): Form ADV filing data as of October 2026.