# Mainsail Financial Group

> Mainsail Financial Group is an SEC-registered investment advisory firm in Bellevue, WA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 30, 2026.

- CRD: 317970
- Filed as: MAINSAIL FINANCIAL GROUP
- Legal name: Mainsail Financial Group, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bellevue, WA
- Filing period: October 2026
- Form ADV filing dated: September 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/317970
- AdvisorCensus page: https://advisorcensus.com/firm/mainsail-financial-group-bellevue-wa-317970

## Quick answers

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

**Where is Mainsail Financial Group located?**
Mainsail Financial Group's principal office is in Bellevue, WA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Mainsail Financial Group registered with the SEC or a state?**
Mainsail Financial Group is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 317970.

**How much does Mainsail Financial Group manage?**
Mainsail Financial Group reports $403,920,372 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (94% discretionary).

**How have Mainsail Financial Group's assets and staff changed since 2022?**
In the Form ADV data for Mainsail Financial Group: Regulatory assets under management: $102,295,575 in the October 2022 data and $403,920,372 in the October 2026 data, up 295%. Total employees: 7 in October 2022 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mainsail Financial Group serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (292); high net worth individuals (132); charitable organizations (2).

**Which custodians does Mainsail Financial Group use?**
Mainsail Financial Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Mainsail Financial Group 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/317970

**What changed in Mainsail Financial Group's recent Form ADV filings?**
In the October 2026 filing data: Employees performing advisory functions went from 6 to 5.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage 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: $403,920,372
- Discretionary: $377,980,246
- Non-discretionary: $25,940,126

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 292 | $107,365,232 |
| High net worth individuals | 132 | $290,345,421 |
| 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) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 2 | $6,209,719 |
| 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 | 0 | $0 |
| Other | 0 | $0 |

### 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: 2022 (4 years)
- Employees: 10 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AZ, CA, 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 October 2026 filing
- Eugene, OR

### Websites listed on Form ADV (Item 1.I)
- mainsailfg.com
- Facebook @category
- Instagram @theblsteele
- LinkedIn @mainsailfg
- X @MainsailFG
- YouTube @UCLdYRyOCfH9XkfAJus3xNJQ

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $102,295,575 | 7 | May 17, 2022 |
| October 2023 | $113,599,762 | 6 | September 29, 2023 |
| October 2024 | $191,575,878 | 7 | June 7, 2024 |
| October 2025 | $268,191,466 | 13 | June 10, 2025 |
| October 2026 | $403,920,372 | 10 | September 30, 2026 |

Regulatory assets under management: $102,295,575 in the October 2022 data and $403,920,372 in the October 2026 data, up 295%.
Total employees: 7 in October 2022 and 10 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Employees performing advisory functions went from 6 to 5.

### July 2026
- Employees performing advisory functions went from 5 to 6.

### June 2026
- Employees performing advisory functions went from 6 to 5.

### May 2026
- Employees performing advisory functions went from 7 to 6.

### February 2026
- Regulatory assets under management went from $268,191,466 to $403,920,372 (+51%).

### December 2025
- Employees performing advisory functions went from 8 to 7.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mainsail Financial Group (CRD 317970): Form ADV filing data as of October 2026.