{
  "crd_number": 117517,
  "slug": "pinnacle-wealth-advisors-clackamas-or-117517",
  "primary_business_name": "PINNACLE WEALTH ADVISORS",
  "legal_name": "PINNACLE WEALTH ADVISORS, LLC",
  "dbas": [
    "PINNACLE WEALTH ADVISORS"
  ],
  "city": "Clackamas",
  "state": "OR",
  "country": "United States",
  "cbsa_code": "38900",
  "metro": {
    "cbsa_code": "38900",
    "common_name": "Portland",
    "msa_name": "Portland-Vancouver-Hillsboro, OR-WA",
    "path": "/advisors/or/portland"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-06-07",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-07-16",
  "carried_forward": false,
  "raum_total": 549709723.0,
  "raum_discretionary": 513476194.0,
  "raum_non_discretionary": 36233529.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 21,
  "advisory_employees": 14,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 2021610.0,
      "count": 3
    },
    "individuals": {
      "raum": 273084244.0,
      "count": 736
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 73985326.0,
      "count": 18
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 200618543.0,
      "count": 74
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 1
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "ID",
    "NE",
    "OR",
    "TX",
    "WA"
  ],
  "websites": [
    "https://thinkpinnacle.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/117517",
  "city_as_filed": "CLACKAMAS",
  "url": "https://advisorcensus.com/firm/pinnacle-wealth-advisors-clackamas-or-117517",
  "display_name": "Pinnacle Wealth Advisors",
  "summary": "Pinnacle Wealth Advisors is an SEC-registered investment advisory firm in Clackamas, OR, registered since 2019, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 16, 2026.",
  "citation": "AdvisorCensus. Pinnacle Wealth Advisors (CRD 117517): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Pinnacle Wealth Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Pinnacle Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Pinnacle Wealth Advisors charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Flat fee: $3,000 to $5,000 (stand-alone financial planning and consulting); Hourly rate: $495 an hour (stand-alone financial planning and consulting). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Pinnacle Wealth Advisors located?",
      "a": "Pinnacle Wealth Advisors' principal office is in Clackamas, OR, according to its Form ADV; the August 2026 filing also lists 4 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Pinnacle Wealth Advisors registered with the SEC or a state?",
      "a": "Pinnacle Wealth Advisors is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 117517."
    },
    {
      "q": "How much does Pinnacle Wealth Advisors manage?",
      "a": "Pinnacle Wealth Advisors reports $549,709,723 in regulatory assets under management in its Form ADV filing dated July 16, 2026 (93% discretionary)."
    },
    {
      "q": "How have Pinnacle Wealth Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Pinnacle Wealth Advisors: Regulatory assets under management: $161,348,336 in the October 2021 data and $549,709,723 in the October 2026 data, up 241%. Total employees: 6 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Pinnacle Wealth Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (736); high net worth individuals (74); pension and profit sharing plans (but not the plan participants or government pension plans) (18)."
    },
    {
      "q": "Which custodians does Pinnacle Wealth Advisors use?",
      "a": "Pinnacle Wealth Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and SEI Investments Distribution Co. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Pinnacle Wealth Advisors 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/117517"
    },
    {
      "q": "What changed in Pinnacle Wealth Advisors' recent Form ADV filings?",
      "a": "In the August 2026 filing data: Added an office in Fort Worth, TX."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 161348336.0,
      "total_employees": 6,
      "filing_date": "2021-03-17"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 183407455.0,
      "total_employees": 4,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 180335359.0,
      "total_employees": 5,
      "filing_date": "2023-08-02"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 202077603.0,
      "total_employees": 7,
      "filing_date": "2024-04-08"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 461414534.0,
      "total_employees": 14,
      "filing_date": "2025-04-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 549709723.0,
      "total_employees": 21,
      "filing_date": "2026-07-16"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Added an office in Fort Worth, TX."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Added an office in Bend, OR.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 9 to 14.",
        "Regulatory assets under management went from $461,414,534 to $549,709,723 (+19%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Item 11 disclosure answers changed: 0 yes answers, previously 3 (now no: 11.D(2), 11.D(3), 11.D(4)).",
        "No longer registered or notice-filed in AZ."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Reported a succession: took over the business of Pinnacle Wealth Advisors (CRD 117517) on September 29, 2025.",
        "Changed its legal name from Pinnacle Wealth Advisors, Inc. to Pinnacle Wealth Advisors, LLC."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "None",
    "planning_fees": [
      "Flat fee: $3,000 to $5,000 (stand-alone financial planning and consulting)",
      "Hourly rate: $495 an hour (stand-alone financial planning and consulting)"
    ],
    "figures": [
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: None"
        ],
        "quotes": [
          "We do not impose any minimum account size or fee minimums of any kind to open or maintain an advisory relationship with our firm."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $3,000 to $5,000 (stand-alone financial planning and consulting)"
        ],
        "quotes": [
          "Stand-alone financial planning and consulting clients who are individuals typically pay fixed fees ranging from $3,000 - $5,000."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $495 an hour (stand-alone financial planning and consulting)"
        ],
        "quotes": [
          "We may occasionally agree to an hourly based fee arrangement wherein we may charge hourly rates up to $ 495."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": 0.0,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 3000.0,
          "max": 5000.0,
          "period": "one_time",
          "service": "stand-alone financial planning and consulting"
        },
        {
          "kind": "hourly",
          "amount": 495.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "stand-alone financial planning and consulting"
        }
      ]
    },
    "quotes": [
      "We do not impose any minimum account size or fee minimums of any kind to open or maintain an advisory relationship with our firm.",
      "Stand-alone financial planning and consulting clients who are individuals typically pay fixed fees ranging from $3,000 - $5,000.",
      "We may occasionally agree to an hourly based fee arrangement wherein we may charge hourly rates up to $ 495."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "SEI Investments Distribution Co.",
      "name_as_filed": "SEI INVESTMENTS DISTRIBUTION CO.",
      "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/pinnacle-wealth-advisors-clackamas-or-117517.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 736,
      "fewer_than_5": false,
      "raum": 273084244.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 74,
      "fewer_than_5": false,
      "raum": 200618543.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 18,
      "fewer_than_5": false,
      "raum": 73985326.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": false,
      "raum": 2021610.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/117517",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}