# Multnomah Group, Inc.

> Multnomah Group, Inc. is an SEC-registered investment advisory firm in Portland, OR, registered since 2005, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 23, 2026.

- CRD: 132131
- Filed as: MULTNOMAH GROUP, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Portland, OR
- Filing period: October 2026
- Form ADV filing dated: July 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/132131
- AdvisorCensus page: https://advisorcensus.com/firm/multnomah-group-inc-portland-or-132131

## Quick answers

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

**How much does Multnomah Group, Inc. charge?**
Its Form ADV Part 2A brochure dated July 23, 2026 states: Hourly rate: $150 to $500 an hour (hourly rate services/projects). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Multnomah Group, Inc. located?**
Multnomah Group, Inc.'s principal office is in Portland, OR, according to its Form ADV.

**Is Multnomah Group, Inc. registered with the SEC or a state?**
Multnomah Group, Inc. is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 132131.

**How much does Multnomah Group, Inc. manage?**
Multnomah Group, Inc. reports $2,666,622,258 in regulatory assets under management in its Form ADV filing dated July 23, 2026 (100% discretionary).

**How have Multnomah Group, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Multnomah Group, Inc.: Regulatory assets under management: $1,527,358,793 in the October 2021 data and $2,666,622,258 in the October 2026 data, up 75%. Total employees: 17 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Multnomah Group, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (85); pension and profit sharing plans (but not the plan participants or government pension plans) (59); high net worth individuals (44).

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

**Does Multnomah Group, Inc. 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/132131

**What changed in Multnomah Group, Inc.'s recent Form ADV filings?**
In the August 2026 filing data: 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
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated July 23, 2026)

- Hourly rate: $150 to $500 an hour (hourly rate services/projects)

> Hourly fees typically range between $150 - $500 per hour depending on the personnel utilized, and the scope and complexity of the work to be performed.

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.
- Fidelity Brokerage Services LLC
- Nationwide Securities, LLC
- TIAA-CREF Individual & Institutional 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: $2,666,622,258
- Discretionary: $2,666,622,258
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 85 | $30,906,700 |
| High net worth individuals | 44 | $131,047,594 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 59 | $2,434,803,459 |
| Charitable organizations | Fewer than 5 | $34,738,737 |
| Corporations or other businesses not listed above | Fewer than 5 | $35,125,768 |

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

### Firm details
- Registered since: 2005 (21 years)
- Employees: 21 total, 16 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, HI, IL, NM, NY, OR, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- blog.multnomahgroup.com/FORWARD-THINKING
- blog.multnomahgroup.com/PATHWAYS-TO-SUCCESS
- multnomahgroup.com
- LinkedIn @MULTNOMAH-GROUP-INC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,527,358,793 | 17 | March 15, 2021 |
| October 2022 | $1,304,931,234 | 19 | March 16, 2022 |
| October 2023 | $1,049,864,229 | 23 | May 15, 2023 |
| October 2024 | $1,305,357,629 | 23 | June 14, 2024 |
| October 2025 | $2,219,580,596 | 22 | March 24, 2025 |
| October 2026 | $2,666,622,258 | 21 | July 23, 2026 |

Regulatory assets under management: $1,527,358,793 in the October 2021 data and $2,666,622,258 in the October 2026 data, up 75%.
Total employees: 17 in October 2021 and 21 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 14 to 16.
- Regulatory assets under management went from $2,219,580,596 to $2,666,622,258 (+20%).

### March 2026
- Registered or notice-filed in NM.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Multnomah Group, Inc. (CRD 132131): Form ADV filing data as of October 2026.