# Horst & Graben Wealth Management, LLC

> Horst & Graben Wealth Management, LLC is an SEC-registered investment advisory firm in Portland, OR, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 19, 2026.

- CRD: 297368
- Filed as: HORST & GRABEN WEALTH MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Portland, OR
- Filing period: October 2026
- Form ADV filing dated: March 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/297368
- AdvisorCensus page: https://advisorcensus.com/firm/horst-and-graben-wealth-management-llc-portland-or-297368

## Quick answers

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

**How much does Horst & Graben Wealth Management, LLC charge?**
Its Form ADV Part 2A brochure dated March 19, 2026 states: Flat fee: $2,000 (initial plan); Flat fee: $400 (each additional scenario); Flat fee: $200 (thorough debt reduction plan). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Horst & Graben Wealth Management, LLC located?**
Horst & Graben Wealth Management, 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).

**Is Horst & Graben Wealth Management, LLC registered with the SEC or a state?**
Horst & Graben Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 297368.

**How much does Horst & Graben Wealth Management, LLC manage?**
Horst & Graben Wealth Management, LLC reports $920,067,465 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (91% discretionary).

**How have Horst & Graben Wealth Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Horst & Graben Wealth Management, LLC: Regulatory assets under management: $543,232,740 in the October 2021 data and $920,067,465 in the October 2026 data, up 69%. Total employees: 4 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 Horst & Graben Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,082); high net worth individuals (217); pension and profit sharing plans (but not the plan participants or government pension plans) (12).

**Which custodians does Horst & Graben Wealth Management, LLC use?**
Horst & Graben Wealth 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 Horst & Graben Wealth 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/297368

**Does Horst & Graben Wealth Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 19, 2026 says: "The minimum account size is generally $ 500,000. Horst & Graben, at its sole discretion, may accept clients with smaller accounts based on criteria such as the client ’s potential to increase future earnings and/or assets"

**What changed in Horst & Graben Wealth Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 3 to 4. Regulatory assets under management went from $796,540,374 to $920,067,465 (+16%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 19, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> The minimum account size is generally $ 500,000. Horst & Graben, at its sole discretion, may accept clients with smaller accounts based on criteria such as the client ’s potential to increase future earnings and/or assets

- Flat fee: $2,000 (initial plan)

> Generally, we charge a fixed fee of $2,000 for the initial plan, plus $400 for each additional scenario, $400 for investment reviews, $400 for budget review, and $200 for a thorough debt reduction plan.

- Flat fee: $400 (each additional scenario)

> Generally, we charge a fixed fee of $2,000 for the initial plan, plus $400 for each additional scenario, $400 for investment reviews, $400 for budget review, and $200 for a thorough debt reduction plan.

- Flat fee: $200 (thorough debt reduction plan)

> Generally, we charge a fixed fee of $2,000 for the initial plan, plus $400 for each additional scenario, $400 for investment reviews, $400 for budget review, and $200 for a thorough debt reduction plan.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### 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: $920,067,465
- Discretionary: $839,322,617
- Non-discretionary: $80,744,848

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,082 | $313,519,724 |
| High net worth individuals | 217 | $537,483,273 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 12 | $68,108,946 |
| Charitable organizations | Fewer than 5 | $955,522 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Other

### Firm details
- Registered since: 2018 (8 years)
- Employees: 10 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, FL, ID, MT, NH, OR, TX, WA
- 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
- The Dalles, OR

### Websites listed on Form ADV (Item 1.I)
- [horstandgraben.com](https://horstandgraben.com)
- [horstandgrabenwealth.com](https://horstandgrabenwealth.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $543,232,740 | 4 | February 16, 2021 |
| October 2022 | $605,526,887 | 6 | February 22, 2022 |
| October 2023 | $577,286,655 | 7 | October 2, 2023 |
| October 2024 | $649,922,265 | 7 | June 26, 2024 |
| October 2025 | $796,540,374 | 8 | March 14, 2025 |
| October 2026 | $920,067,465 | 10 | March 19, 2026 |

Regulatory assets under management: $543,232,740 in the October 2021 data and $920,067,465 in the October 2026 data, up 69%.
Total employees: 4 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 3 to 4.
- Regulatory assets under management went from $796,540,374 to $920,067,465 (+16%).

### January 2026
- No longer registered or notice-filed in AK, CO, NM, NY, PA, VA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Horst & Graben Wealth Management, LLC (CRD 297368): Form ADV filing data as of October 2026.