{
  "crd_number": 145252,
  "slug": "mcilrath-and-eck-llc-arlington-wa-145252",
  "primary_business_name": "MCILRATH & ECK, LLC",
  "legal_name": "MCILRATH & ECK, LLC",
  "dbas": [
    "PERISCOPE WEALTH ADVISORS"
  ],
  "city": "Arlington",
  "state": "WA",
  "country": "United States",
  "cbsa_code": "42660",
  "metro": {
    "cbsa_code": "42660",
    "common_name": "Seattle",
    "msa_name": "Seattle-Tacoma-Bellevue, WA",
    "path": "/advisors/wa/seattle"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2009-08-18",
  "years_registered": 17,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 1364902010.0,
  "raum_discretionary": 1364902010.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 19,
  "advisory_employees": 8,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 60000.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 376221510.0,
      "count": 870
    },
    "high_net_worth_individuals": {
      "raum": 988620500.0,
      "count": 417
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "FL",
    "HI",
    "ID",
    "MT",
    "NV",
    "OR",
    "TX",
    "WA"
  ],
  "websites": [
    "https://facebook.com/McilrathEck",
    "https://facebook.com/PeriscopeWealthAdvisors",
    "https://linkedin.com/company/mcilrath-eck-llc/about",
    "https://linkedin.com/company/periscope-wealth-advisors",
    "https://mcilratheck.com",
    "https://periscopewealthadvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/145252",
  "city_as_filed": "ARLINGTON",
  "url": "https://advisorcensus.com/firm/mcilrath-and-eck-llc-arlington-wa-145252",
  "display_name": "McIlrath & ECK, LLC",
  "summary": "McIlrath & ECK, LLC is an SEC-registered investment advisory firm in Arlington, WA, registered since 2009, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. McIlrath & ECK, LLC (CRD 145252): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is McIlrath & ECK, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), McIlrath & ECK, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does McIlrath & ECK, LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 0.45% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is McIlrath & ECK, LLC located?",
      "a": "McIlrath & ECK, LLC's principal office is in Arlington, WA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is McIlrath & ECK, LLC registered with the SEC or a state?",
      "a": "McIlrath & ECK, LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 145252."
    },
    {
      "q": "How much does McIlrath & ECK, LLC manage?",
      "a": "McIlrath & ECK, LLC reports $1,364,902,010 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have McIlrath & ECK, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for McIlrath & ECK, LLC: Regulatory assets under management: $501,039,323 in the October 2021 data and $1,364,902,010 in the October 2026 data, up 172%. Total employees: 10 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does McIlrath & ECK, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (870); high net worth individuals (417)."
    },
    {
      "q": "Which custodians does McIlrath & ECK, LLC use?",
      "a": "McIlrath & ECK, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does McIlrath & ECK, LLC report any disciplinary disclosures?",
      "a": "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/145252"
    },
    {
      "q": "Does McIlrath & ECK, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"Generally we require that investment management clients maintain $250,000 under management with us. However, we may waive that minimum at our sole discretion.\""
    },
    {
      "q": "What changed in McIlrath & ECK, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $1,059,805,672 to $1,364,902,010 (+29%). Registered or notice-filed in HI, MT."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 501039323.0,
      "total_employees": 10,
      "filing_date": "2021-09-03"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 645376243.0,
      "total_employees": 9,
      "filing_date": "2022-09-14"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 649405753.0,
      "total_employees": 17,
      "filing_date": "2023-04-02"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 839585801.0,
      "total_employees": 16,
      "filing_date": "2024-03-12"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1059805672.0,
      "total_employees": 19,
      "filing_date": "2025-07-11"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1364902010.0,
      "total_employees": 19,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $1,059,805,672 to $1,364,902,010 (+29%).",
        "Registered or notice-filed in HI, MT."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in LA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.45% to 1.5% a year",
    "stated_maximum": null,
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.45% to 1.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Our fees vary based on your assets under management and range from 0.45% to 1.50% per year. Fees are determined on a case-by-case basis."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Generally we require that investment management clients maintain $250,000 under management with us. However, we may waive that minimum at our sole discretion."
        ]
      }
    ],
    "quotes": [
      "Our fees vary based on your assets under management and range from 0.45% to 1.50% per year. Fees are determined on a case-by-case basis.",
      "Generally we require that investment management clients maintain $250,000 under management with us. However, we may waive that minimum at our sole discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/mcilrath-and-eck-llc-arlington-wa-145252.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 870,
      "fewer_than_5": false,
      "raum": 376221510.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 417,
      "fewer_than_5": false,
      "raum": 988620500.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 60000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/145252",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}