# Washington Capital Management Inc

> Washington Capital Management Inc is an SEC-registered investment advisory firm in Seattle, WA, registered since 1978, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 24, 2026.

- CRD: 105253
- Filed as: WASHINGTON CAPITAL MANAGEMENT INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Seattle, WA
- Filing period: October 2026
- Form ADV filing dated: September 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105253
- AdvisorCensus page: https://advisorcensus.com/firm/washington-capital-management-inc-seattle-wa-105253

## Quick answers

**How is Washington Capital Management Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Washington Capital Management Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Washington Capital Management Inc located?**
Washington Capital Management Inc's principal office is in Seattle, WA, according to its Form ADV; the October 2026 filing also lists 7 other offices (Schedule D, Section 1.F).

**Is Washington Capital Management Inc registered with the SEC or a state?**
Washington Capital Management Inc is an SEC-registered investment advisory firm, registered since 1978. Status as filed: Approved. CRD 105253.

**How much does Washington Capital Management Inc manage?**
Washington Capital Management Inc reports $7,396,896,415 in regulatory assets under management in its Form ADV filing dated September 24, 2026 (88% discretionary).

**How have Washington Capital Management Inc's assets and staff changed since 2021?**
In the Form ADV data for Washington Capital Management Inc: Regulatory assets under management: $5,099,650,654 in the October 2021 data and $7,396,896,415 in the October 2026 data, up 45%. Total employees: 72 in October 2021 and 79 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Washington Capital Management Inc serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (33); high net worth individuals (16); pooled investment vehicles (other than investment companies and business development companies) (10).

**Which custodians does Washington Capital Management Inc use?**
Washington Capital Management Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Key Bank National Association and US Bank as custodians holding 10% or more of its separately managed account assets.

**Does Washington Capital Management 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/105253

**What changed in Washington Capital Management Inc's recent Form ADV filings?**
In the April 2026 filing data: Changed its office addresses in Boston, MA. No longer lists an office in Hermosa Beach, CA. 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)
- Performance-based fees
- Other

### Custodians (Schedule D, Section 5.K(3))
- Key Bank National Association
- US Bank

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: $7,396,896,415
- Discretionary: $6,526,751,791
- Non-discretionary: $870,144,624

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 8 | $4,398,019 |
| High net worth individuals | 16 | $50,166,700 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 10 | $6,436,390,526 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 33 | $710,413,355 |
| Charitable organizations | Fewer than 5 | $322,843 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 8 | $195,204,972 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- 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: 1978 (48 years)
- Employees: 79 total, 46 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, CA, CO, LA, MA, NV, OR, PA, 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
- Boston, MA
- Dana Point, CA
- El Segundo, CA
- Lake Oswego, OR
- Los Angeles, WA
- San Francisco, CA
- Vancouver, WA

### Websites listed on Form ADV (Item 1.I)
- wa-cap.com
- LinkedIn @WASHINGTON-CAPITAL-MANAGEMENT
- X @WCMADVISORS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,099,650,654 | 72 | March 25, 2021 |
| October 2022 | $6,534,503,572 | 74 | March 25, 2022 |
| October 2023 | $6,703,669,750 | 78 | June 6, 2023 |
| October 2024 | $6,825,741,297 | 82 | June 18, 2024 |
| October 2025 | $7,058,054,632 | 82 | June 27, 2025 |
| October 2026 | $7,396,896,415 | 79 | September 24, 2026 |

Regulatory assets under management: $5,099,650,654 in the October 2021 data and $7,396,896,415 in the October 2026 data, up 45%.
Total employees: 72 in October 2021 and 79 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Changed its office addresses in Boston, MA.
- No longer lists an office in Hermosa Beach, CA.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Washington Capital Management Inc (CRD 105253): Form ADV filing data as of October 2026.