# Northwest Administrators Inc

> Northwest Administrators Inc is an SEC-registered investment advisory firm in Seattle, WA, registered since 1975, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 19, 2026.

- CRD: 106544
- Filed as: NORTHWEST ADMINISTRATORS INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Seattle, WA
- Filing period: October 2026
- Form ADV filing dated: March 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106544
- AdvisorCensus page: https://advisorcensus.com/firm/northwest-administrators-inc-seattle-wa-106544

## Quick answers

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

**Where is Northwest Administrators Inc located?**
Northwest Administrators Inc's principal office is in Seattle, WA, according to its Form ADV.

**Is Northwest Administrators Inc registered with the SEC or a state?**
Northwest Administrators Inc is an SEC-registered investment advisory firm, registered since 1975. Status as filed: Approved. CRD 106544.

**How much does Northwest Administrators Inc manage?**
Northwest Administrators Inc reports $114,794,748 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (100% discretionary).

**How have Northwest Administrators Inc's assets and staff changed since 2021?**
In the Form ADV data for Northwest Administrators Inc: Regulatory assets under management: $459,934,982 in the October 2021 data and $114,794,748 in the October 2026 data, down 75%. Total employees: 336 in October 2021 and 380 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Northwest Administrators Inc serve?**
By number of clients on Form ADV Item 5.D: other (5); pension and profit sharing plans (but not the plan participants or government pension plans) (1).

**Which custodians does Northwest Administrators Inc use?**
Northwest Administrators Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Wilmington Trust as a custodian holding 10% or more of its separately managed account assets.

**Does Northwest Administrators 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/106544

**What changed in Northwest Administrators Inc's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $490,759,781 to $114,794,748 (-77%).

## 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))
- Wilmington Trust

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: $114,794,748
- Discretionary: $114,794,748
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $49,499,532 |
| Other | 5 | $65,295,216 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1975 (51 years)
- Employees: 380 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- LinkedIn linkedin.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $459,934,982 | 336 | March 22, 2021 |
| October 2022 | $431,272,582 | 352 | March 22, 2022 |
| October 2023 | $461,147,755 | 367 | March 17, 2023 |
| October 2024 | $484,160,055 | 356 | March 20, 2024 |
| October 2025 | $490,759,781 | 381 | March 17, 2025 |
| October 2026 | $114,794,748 | 380 | March 19, 2026 |

Regulatory assets under management: $459,934,982 in the October 2021 data and $114,794,748 in the October 2026 data, down 75%.
Total employees: 336 in October 2021 and 380 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $490,759,781 to $114,794,748 (-77%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Northwest Administrators Inc (CRD 106544): Form ADV filing data as of October 2026.