# LNW

> LNW is an SEC-registered investment advisory firm in Seattle, WA, registered since 1990, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 107341
- Legal name: Laird Norton Wetherby Wealth Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Seattle, WA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107341
- AdvisorCensus page: https://advisorcensus.com/firm/lnw-seattle-wa-107341

## Quick answers

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

**What does LNW's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 0.3% to 0.9% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

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

**Is LNW registered with the SEC or a state?**
LNW is an SEC-registered investment advisory firm, registered since 1990. Status as filed: Approved. CRD 107341.

**How much does LNW manage?**
LNW reports $12,183,776,067 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (96% discretionary).

**How have LNW's assets and staff changed since 2021?**
In the Form ADV data for LNW: Regulatory assets under management: $6,572,333,559 in the October 2021 data and $12,183,776,067 in the October 2026 data, up 85%. Total employees: 70 in October 2021 and 169 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does LNW serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (850); individuals (other than high net worth individuals) (229); charitable organizations (28).

**Which custodians does LNW use?**
LNW'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 LNW 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/107341

**What changed in LNW's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 93 to 96. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: 0.3% to 0.9% a year (a range, as the brochure states it)

> Whether charged based on assets under management or as an annual retainer, annual fees typically range between 0.90% and 0.30% of total assets managed by LNW and may be subject to an annual fee minimum or adjustment.

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: $12,183,776,067
- Discretionary: $11,683,938,927
- Non-discretionary: $499,837,140

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 229 | $190,367,681 |
| High net worth individuals | 850 | $10,469,228,606 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $7,476,803 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $54,201,548 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $111,649,018 |
| Charitable organizations | 28 | $709,328,042 |
| 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 | 18 | $525,952,686 |
| Other | 19 | $115,571,683 |

### 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)
- Publication of periodicals or newsletters
- Educational seminars/workshops

### Firm details
- Registered since: 1990 (36 years)
- Employees: 169 total, 96 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AZ, CA, CO, CT, FL, ID, IL, MA, MD, MI, MN, NC, NH, NJ, NM, NV, NY, OH, OR, PA, TX, UT, VA, 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
- Los Angeles, CA
- New York, NY
- Radnor, PA
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- lnwadvisors.com
- vimeo.com/lnwadvisors
- LinkedIn @lnwadvisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,572,333,559 | 70 | August 11, 2021 |
| October 2022 | $7,272,831,284 | 79 | March 30, 2022 |
| October 2023 | $6,531,453,415 | 89 | June 7, 2023 |
| October 2024 | $7,277,109,024 | 87 | June 28, 2024 |
| October 2025 | $7,658,280,466 | 91 | April 1, 2025 |
| October 2026 | $12,183,776,067 | 169 | March 31, 2026 |

Regulatory assets under management: $6,572,333,559 in the October 2021 data and $12,183,776,067 in the October 2026 data, up 85%.
Total employees: 70 in October 2021 and 169 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 93 to 96.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- Employees performing advisory functions went from 58 to 93.
- Regulatory assets under management went from $7,658,280,466 to $12,230,221,045 (+60%).
- Changed its office addresses in New York, NY.
- Added an office in San Francisco, CA.
- No longer lists an office in Seattle, WA.
- Registered or notice-filed in AK, AZ, ID, MI, MN.
- Updated its list of owners and control persons (Schedule A).

### 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. LNW (CRD 107341): Form ADV filing data as of October 2026.