# Martel Wealth Advisors, LLC

> Martel Wealth Advisors, LLC is an SEC-registered investment advisory firm in Vancouver, WA, registered since 2018, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated January 28, 2026.

- CRD: 296896
- Filed as: MARTEL WEALTH ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Vancouver, WA
- Filing period: October 2026
- Form ADV filing dated: January 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/296896
- AdvisorCensus page: https://advisorcensus.com/firm/martel-wealth-advisors-llc-vancouver-wa-296896

## Quick answers

**How is Martel Wealth Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Martel Wealth Advisors, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Martel Wealth Advisors, LLC located?**
Martel Wealth Advisors, LLC's principal office is in Vancouver, WA, according to its Form ADV.

**Is Martel Wealth Advisors, LLC registered with the SEC or a state?**
Martel Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 296896.

**How much does Martel Wealth Advisors, LLC manage?**
Martel Wealth Advisors, LLC reports $1,459,415,057 in regulatory assets under management in its Form ADV filing dated January 28, 2026 (84% discretionary).

**How have Martel Wealth Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Martel Wealth Advisors, LLC: Regulatory assets under management: $816,099,261 in the October 2021 data and $1,459,415,057 in the October 2026 data, up 79%. Total employees: 9 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Martel Wealth Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (616); high net worth individuals (382); pension and profit sharing plans (but not the plan participants or government pension plans) (32).

**Which custodians does Martel Wealth Advisors, LLC use?**
Martel Wealth Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Reliance Trust Company and SEI Investments Distribution Co. as custodians holding 10% or more of its separately managed account assets.

**Does Martel Wealth Advisors, 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/296896

**What changed in Martel Wealth Advisors, LLC's recent Form ADV filings?**
In the February 2026 filing data: Reported a succession: took over the business of Martel Wealth Advisors Inc (CRD 296896) on January 1, 2026. Changed its legal name from Martel Wealth Advisors Inc to Martel Wealth Advisors, LLC. Regulatory assets under management went from $1,245,269,037 to $1,459,415,057 (+17%). 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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Reliance Trust Company
- SEI Investments Distribution Co.

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: $1,459,415,057
- Discretionary: $1,228,518,611
- Non-discretionary: $230,896,446

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 616 | $223,233,465 |
| High net worth individuals | 382 | $995,520,983 |
| 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) | 32 | $230,896,446 |
| Charitable organizations | 0 | $0 |
| 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 | 3 | $9,764,163 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Educational seminars/workshops

### Firm details
- Registered since: 2018 (8 years)
- Employees: 13 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AZ, CA, FL, HI, ID, MT, NV, NY, OR, TX, UT, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- martelwealthadvisors.com
- LinkedIn @martel-wealth-advisors-inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $816,099,261 | 9 | March 18, 2021 |
| October 2022 | $1,010,972,511 | 12 | March 16, 2022 |
| October 2023 | $897,153,049 | 14 | March 20, 2023 |
| October 2024 | $1,079,411,522 | 12 | February 29, 2024 |
| October 2025 | $1,245,269,037 | 14 | April 8, 2025 |
| October 2026 | $1,459,415,057 | 13 | January 28, 2026 |

Regulatory assets under management: $816,099,261 in the October 2021 data and $1,459,415,057 in the October 2026 data, up 79%.
Total employees: 9 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Reported a succession: took over the business of Martel Wealth Advisors Inc (CRD 296896) on January 1, 2026.
- Changed its legal name from Martel Wealth Advisors Inc to Martel Wealth Advisors, LLC.
- Regulatory assets under management went from $1,245,269,037 to $1,459,415,057 (+17%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Martel Wealth Advisors, LLC (CRD 296896): Form ADV filing data as of October 2026.