# Saturna Capital Corporation

> Saturna Capital Corporation is an SEC-registered investment advisory firm in Bellingham, WA, registered since 1989, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 28, 2026.

- CRD: 25586
- Filed as: SATURNA CAPITAL CORPORATION
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bellingham, WA
- Filing period: October 2026
- Form ADV filing dated: September 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/25586
- AdvisorCensus page: https://advisorcensus.com/firm/saturna-capital-corporation-bellingham-wa-25586

## Quick answers

**How is Saturna Capital Corporation compensated?**
On its Form ADV (Item 5.E, October 2026), Saturna Capital Corporation reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**Where is Saturna Capital Corporation located?**
Saturna Capital Corporation's principal office is in Bellingham, WA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Saturna Capital Corporation registered with the SEC or a state?**
Saturna Capital Corporation is an SEC-registered investment advisory firm, registered since 1989. Status as filed: Approved. CRD 25586.

**How much does Saturna Capital Corporation manage?**
Saturna Capital Corporation reports $10,480,581,588 in regulatory assets under management in its Form ADV filing dated September 28, 2026 (100% discretionary).

**How have Saturna Capital Corporation's assets and staff changed since 2021?**
In the Form ADV data for Saturna Capital Corporation: Regulatory assets under management: $5,496,421,727 in the October 2021 data and $10,480,581,588 in the October 2026 data, up 91%. Total employees: 69 in October 2021 and 92 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Saturna Capital Corporation serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (51); individuals (other than high net worth individuals) (32); charitable organizations (8).

**Which custodians does Saturna Capital Corporation use?**
Saturna Capital Corporation'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.

**Does Saturna Capital Corporation 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/25586

**What changed in Saturna Capital Corporation's recent Form ADV filings?**
In the October 2026 filing data: Employees performing advisory functions went from 13 to 12. Regulatory assets under management went from $8,624,828,208 to $10,480,581,588 (+22%). Added an office in Bellingham, WA. 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
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Pershing 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: $10,480,581,588
- Discretionary: $10,480,581,588
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 32 | $30,069,358 |
| High net worth individuals | 51 | $215,634,637 |
| Investment companies | 2 | $10,061,256,960 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $100,048,735 |
| Charitable organizations | 8 | $53,447,598 |
| Corporations or other businesses not listed above | 8 | $20,124,300 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1989 (36 years)
- Employees: 92 total, 12 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AL, AZ, CA, CO, DC, DE, FL, GA, HI, IL, IN, KY, LA, MA, MD, MI, MS, NC, NJ, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Bellingham, WA

### Websites listed on Form ADV (Item 1.I)
- saturna.com
- saturnainvestmenttools.com/amana-fund-selector
- Facebook @AMANAFUNDS
- Facebook @SATURNACAPITAL
- Instagram @saturnacapital
- LinkedIn @SATURNA-CAPITAL-CORPORATION
- X @SaturnaCapital
- YouTube @AMANAMUTUALFUNDS
- YouTube @SATURNACAPITAL

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,496,421,727 | 69 | September 27, 2021 |
| October 2022 | $5,150,693,205 | 73 | September 27, 2022 |
| October 2023 | $6,643,738,704 | 75 | September 28, 2023 |
| October 2024 | $8,394,714,767 | 80 | September 27, 2024 |
| October 2025 | $8,394,714,767 | 80 | February 19, 2025 |
| October 2026 | $10,480,581,588 | 92 | September 28, 2026 |

Regulatory assets under management: $5,496,421,727 in the October 2021 data and $10,480,581,588 in the October 2026 data, up 91%.
Total employees: 69 in October 2021 and 92 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Employees performing advisory functions went from 13 to 12.
- Regulatory assets under management went from $8,624,828,208 to $10,480,581,588 (+22%).
- Added an office in Bellingham, WA.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Employees performing advisory functions went from 15 to 13.
- Registered or notice-filed in AL, AZ, CO, DE, HI, KY, LA, MA, MS, NC, OR, PA, SC, TN.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Saturna Capital Corporation (CRD 25586): Form ADV filing data as of October 2026.