# Tradewinds Capital Management, LLC

> Tradewinds Capital Management, LLC is an SEC-registered investment advisory firm in Bellingham, WA, registered since 2008, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 19, 2026.

- CRD: 145934
- Filed as: TRADEWINDS CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bellingham, WA
- Filing period: October 2026
- Form ADV filing dated: August 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/145934
- AdvisorCensus page: https://advisorcensus.com/firm/tradewinds-capital-management-llc-bellingham-wa-145934

## Quick answers

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

**How much does Tradewinds Capital Management, LLC charge?**
Its Form ADV Part 2A brochure dated August 19, 2026 states: Flat fee: $1,000 to $2,000 (financial planning and/or consulting services…); Hourly rate: $150 to $225 an hour (financial planning and/or consulting services…). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Tradewinds Capital Management, LLC located?**
Tradewinds Capital Management, LLC's principal office is in Bellingham, WA, according to its Form ADV.

**Is Tradewinds Capital Management, LLC registered with the SEC or a state?**
Tradewinds Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 145934.

**How much does Tradewinds Capital Management, LLC manage?**
Tradewinds Capital Management, LLC reports $727,324,070 in regulatory assets under management in its Form ADV filing dated August 19, 2026 (100% discretionary).

**How have Tradewinds Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Tradewinds Capital Management, LLC: Regulatory assets under management: $1,009,631,757 in the October 2021 data and $727,324,070 in the October 2026 data, down 28%. Total employees: 12 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Tradewinds Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,028); high net worth individuals (196); corporations or other businesses not listed above (9).

**Which custodians does Tradewinds Capital Management, LLC use?**
Tradewinds Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Tradewinds Capital Management, LLC 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/145934

**What changed in Tradewinds Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $602,785,057 to $727,324,070 (+21%). Registered or notice-filed in MT. 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 August 19, 2026)

- Flat fee: $1,000 to $2,000 (financial planning and/or consulting services…)

> Registrant’s planning and consulting fees are negotiable, but generally range from $1,000 to $2,000 on a fixed fee basis

- Hourly rate: $150 to $225 an hour (financial planning and/or consulting services…)

> from $150 to $225 on an hourly rate basis, depending upon the level and scope of the service(s) required and the professional(s) rendering the service(s).

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.

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: $727,324,070
- Discretionary: $727,324,070
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2,028 | $241,566,232 |
| High net worth individuals | 196 | $482,970,640 |
| Charitable organizations | 5 | $1,000,479 |
| Corporations or other businesses not listed above | 9 | $1,786,719 |

### 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

### Firm details
- Registered since: 2008 (18 years)
- Employees: 10 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, FL, ID, MN, MO, MT, NC, NH, OR, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- tradewinds-cm.com
- tradewinds.com
- Facebook @tradewindscm
- LinkedIn @tradewinds-capital-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,009,631,757 | 12 | October 1, 2021 |
| October 2022 | $492,913,967 | 6 | May 2, 2022 |
| October 2023 | $515,039,229 | 7 | August 8, 2023 |
| October 2024 | $523,698,592 | 10 | September 30, 2024 |
| October 2025 | $602,785,057 | 10 | April 7, 2025 |
| October 2026 | $727,324,070 | 10 | August 19, 2026 |

Regulatory assets under management: $1,009,631,757 in the October 2021 data and $727,324,070 in the October 2026 data, down 28%.
Total employees: 12 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $602,785,057 to $727,324,070 (+21%).
- Registered or notice-filed in MT.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- No longer registered or notice-filed in TN, WI.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Tradewinds Capital Management, LLC (CRD 145934): Form ADV filing data as of October 2026.