# Madrona Financial & CPAS

> Madrona Financial & CPAS is an SEC-registered investment advisory firm in Everett, WA, registered since 2005, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 8, 2026.

- CRD: 115753
- Filed as: MADRONA FINANCIAL & CPAS
- Legal name: Madrona Financial Services, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Everett, WA
- Filing period: October 2026
- Form ADV filing dated: June 8, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/115753
- AdvisorCensus page: https://advisorcensus.com/firm/madrona-financial-and-cpas-everett-wa-115753

## Quick answers

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

**How much does Madrona Financial & CPAS charge?**
Its Form ADV Part 2A brochure dated March 28, 2026 states: Flat fee: $2,500 (Financial Planning). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Madrona Financial & CPAS located?**
Madrona Financial & CPAS' principal office is in Everett, WA, according to its Form ADV; the July 2026 filing also lists 5 other offices (Schedule D, Section 1.F).

**Is Madrona Financial & CPAS registered with the SEC or a state?**
Madrona Financial & CPAS is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 115753.

**How much does Madrona Financial & CPAS manage?**
Madrona Financial & CPAS reports $691,792,793 in regulatory assets under management in its Form ADV filing dated June 8, 2026 (100% discretionary).

**How have Madrona Financial & CPAS' assets and staff changed since 2021?**
In the Form ADV data for Madrona Financial & CPAS: Regulatory assets under management: $253,571,174 in the October 2021 data and $691,792,793 in the October 2026 data, up 173%. Total employees: 13 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Madrona Financial & CPAS serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (408); high net worth individuals (281).

**Which custodians does Madrona Financial & CPAS use?**
Madrona Financial & CPAS' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Madrona Financial & CPAS 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/115753

**What changed in Madrona Financial & CPAS' recent Form ADV filings?**
In the July 2026 filing data: Registered or notice-filed in HI.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 28, 2026)

- Flat fee: $2,500 (Financial Planning)

> Our Financial Planning fees are calculated and charged on a fixed fee basis, generally starting at $2,500 depending on the specific arrangement reached with the client.

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

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

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: $691,792,793
- Discretionary: $691,792,793
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 408 | $169,700,900 |
| High net worth individuals | 281 | $505,839,303 |
| Charitable organizations | Fewer than 5 | $16,065,578 |
| Corporations or other businesses not listed above | Fewer than 5 | $187,012 |

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

### Firm details
- Registered since: 2005 (21 years)
- Employees: 18 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, HI, ID, NC, NE, OR, TX, UT, WA
- 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
- Cottonwood Heights, UT
- Kirkland, WA
- Mountlake Terrace, WA
- Park City, UT
- Tacoma, WA

### Websites listed on Form ADV (Item 1.I)
- madronafinancial.com
- Facebook @MADRONAFINANCIALSERVICES
- LinkedIn @MADRONA-FINANCIAL-SERVICES-LLC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $253,571,174 | 13 | April 26, 2021 |
| October 2022 | $286,756,495 | 13 | May 18, 2022 |
| October 2023 | $268,774,721 | 18 | March 30, 2023 |
| October 2024 | $392,984,192 | 21 | March 25, 2024 |
| October 2025 | $505,696,988 | 19 | March 20, 2025 |
| October 2026 | $691,792,793 | 18 | June 8, 2026 |

Regulatory assets under management: $253,571,174 in the October 2021 data and $691,792,793 in the October 2026 data, up 173%.
Total employees: 13 in October 2021 and 18 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Registered or notice-filed in HI.

### April 2026
- Regulatory assets under management went from $505,696,988 to $691,792,793 (+37%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Madrona Financial & CPAS (CRD 115753): Form ADV filing data as of October 2026.