Oregon RIA Landscape — 2026

A data-driven overview of SEC-registered wealth advisory firms headquartered in Oregon, including growth trends, succession risk analysis, and M&A opportunity signals.

Source: SEC Form ADV · Updated July 2026

Total Firms

217

Total AUM?

$149.6B

Median AUM

$283M

13F Filers

45

AUM Tier Distribution

Under $100M19

$100M–$500M131

$500M–$1B36

$1B–$5B25

$5B+6

State Snapshot

Total Firms217

Total AUM$149.6B

Median AUM$283M

13F Filers45

High Succession Risk22

Elevated Succession Risk21

Succession Risk Breakdown

High

22 firms (10%)

Elevated

21 firms (10%)

Moderate

52 firms (25%)

Lower

117 firms (55%)

Growth Leaders — Wealth Advisory Firms

Firm	City	AUM	3Y CAGR	Succession
PHILLIPS AND COMPANY ADVISORS, LLC	PORTLAND	$754M	+141.2%	Lower
CASCADIA ADVISORY SERVICES, LLC	PORTLAND	$689M	+78.1%	Lower
MONTIBUS CAPITAL MANAGEMENT LLC.	PORTLAND	$1.0B	+73.2%	Moderate
AERODIGM WEALTH LLC	LAKE OSWEGO	$1.5B	+57.6%	Lower
CAPSTONE WEALTH ADVISORS, LLC	SALEM	$102M	+54.6%	Lower
MAZAMA CAPITAL MANAGEMENT INC	PORTLAND	$550M	+47.7%	Moderate
CS PLANNING CORP	PORTLAND	$1.3B	+41.6%	Moderate
PINNACLE WEALTH ADVISORS, LLC	CLACKAMAS	$550M	+36.0%	Moderate

M&A Opportunity Signals

🎯

38Acquisition candidates

Firms with elevated/high succession risk and AUM $100M–$5B

📈

19Growing but vulnerable

Positive 3Y CAGR with high succession risk — attractive for acquirers

📉

4Mid-market shrinking

AUM $100M–$1B with negative 3Y CAGR and elevated+ succession risk

🔒 Top 25 Acquisition Targets — Ranked by Composite Score

Rank	Firm	AUM	Score
1	MULTNOMAH GROUP, INC.	$2.7B	49.6
2	MENGIS CAPITAL MANAGEMENT, INC.	$903M	48.6
3	PEREGRINE ASSET ADVISERS, INC.	$611M	45.5
4	HUMAN INVESTING, LLC	$2.2B	44.8
5	CASCADE INVESTMENT ADVISORS, INC.	$360M	43.5
6	AUXIER ASSET MANAGEMENT LLC	$946M	42.9

🔒

Acquisition Target Rankings

Full ranked list of 25 acquisition targets with composite scores based on succession risk, growth trajectory, and peer benchmarking.

Methodology. This report covers SEC-registered investment advisers classified as wealth advisory firms (filter: is_wealth_advisory = true) headquartered in Oregon. AUM figures are drawn from the most recent Form ADV filing. Succession risk tiers are computed using a proprietary 5-pillar model incorporating founder tenure, ownership concentration, AUM dependency, team depth, and filing recency. Growth CAGR is calculated from the three most recent annual filings where available. Acquisition scores blend succession risk (40%), AUM growth trajectory (35%), and national peer rank (25%). Data sourced from SEC EDGAR. This page is for informational purposes only and does not constitute investment advice.