DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Washington Capital Management Inc

Asset manager (funds and pooled vehicles)Seattle, WashingtonCRD 105253SEC 801-14263websiteIAPD
Latest filing Jun 11, 2026
First filing on the tape Mar 23, 2012 · 35 filings
SEC status approved since Oct 1, 1978
RAUM
$7.4B
reported, Item 5.F
Discretionary
88%
of RAUM
Private clients
0.7%
$54.6M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$1.2B
derived; firm RAUM over IAPD count
Employees
79
46 advisory (5.B.1)
Offices
7
beyond the principal office
Private funds
10
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$7.4B as of Jun 11, 2026
Mar 23, 2012$2.5B then
HNW client RAUM$50.2M as of Jun 11, 2026
Mar 27, 2018$110M then
State-registered IARs (5.B.3)7 as of Jun 11, 2026
Mar 23, 20120 then
Employees (5.A)79 as of Jun 11, 2026
Mar 5, 201351 then
Private funds10 as of Jun 11, 2026
Mar 23, 20129 then
RAUM +4.8% over the last fiscal year+3.3% a year over threeIARs 9 to 7offices 8 to 7
Practice profile
derived from the filing of Jun 11, 2026; every figure names its basis
RAUM per advisor
$1.2BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
4derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$29.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
88%derivedof RAUM
Institutional
9.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
13.2derivedItem 5.A over advisors
Advisors per office
0.8derived8 offices incl. principal (1.F.5)
RAUM growth, one year
+4.8%derivedbetween the last two annual amendments
Advisor growth, one year
-22%derivedItem 5.B.3 between annual amendments
Client growth, one year
-7.7%derived
Compensation
percentage of assets, hourly, fixed fees, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$881M, 9 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$6.4B87%
  • Pension and profit-sharing plans$710M9.6%
  • Corporations and businesses$195M2.6%
  • High-net-worth individuals$50.2M0.7%
  • Individuals$4.4M0.1%
  • Charitable organizations$322,8430.0%
Individual clients
8reported
HNW clients
16reported
Pension plan clients
33reported
Charitable clients
0reported
Accounts
251reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$881M for 9 clientsreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
private_client_share=0.01 fund_share=0.87 institutional_share=0.1 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Michael Si Ho CheungChartered Financial AnalystSeattle, WaOct 30, 200224 y0
Paul Gerard RavettaSeattle, WaJan 20, 201119 y0
Brian M CanionChartered Financial AnalystSeattle, WaMar 5, 201421 y0
Brian Bertin WelchSeattle, WaJun 28, 201713 y0
Julie Alise GreenoughSeattle, WaJun 5, 201811 y0
Stephen Daniel HamiltonSeattle, WaMar 22, 202418 y0
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 17% of current headcount1 left over 36 months
Left, latest
Joined, latest
none on the tape
    Private funds
    15 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Washington Capital Joint Master Trust Real Estate Equity FundOther Private Fund$3.3B56Mar 23, 2012
    Washington Capital Joint Master Trust Mortgage Income FundOther Private Fund$1.7B76Mar 23, 2012
    Wacap-Sp Infrastructure Fund IV Feeder LLCPrivate Equity Fund$305M17Mar 25, 2022
    Washington Capital Joint Master Trust Fixed Income FundOther Private Fund$204M5Mar 23, 2012
    Wacap-O Direct Lending Fund Unlevered Feeder LLCPrivate Equity Fund$194M8Mar 26, 2024
    Washington Capital Joint Master Trust Transportation Infrastructure FundPrivate Equity Fund$175M10Mar 27, 2020
    Real Asset Income Fund LLCReal Estate Fund$124M13Mar 25, 2022
    Washington Capital Joint Master Trust Compass Mortgage Fundno longer reportedOther Private Fund$105M8Mar 23, 2012
    Wacap-O Transportation Infrastructure Capital Partners Feeder LLCPrivate Equity Fund$78.1M9Mar 21, 2023
    Wacap-O Real Estate Opportunity Fund Viii Feeder LLCPrivate Equity Fund$66.6M8Mar 25, 2022
    Washington Capital Joint Master Trust Mid Cap Growth Equity FundOther Private Fund$39.4M2Mar 23, 2012
    Washington Capital Joint Master Trust Balanced Fundno longer reportedOther Private Fund$16.3M4Mar 23, 2012
    Washington Capital Joint Master Trust Large Cap Value Equity Fundno longer reportedOther Private Fund$1.8M2Mar 23, 2012
    Washington Capital Joint Master Trust Small Cap Growth Equity Fundno longer reportedOther Private Fund$1.5M2Mar 23, 2012
    Washington Capital Joint Master Trust Short Term Income Fundno longer reportedOther Private Fund$00Mar 23, 2012
    Owners and control persons
    Schedule A and B, latest filing
    • Alan Cory Carlson · Director/President/Ceocontrol
      since 01/2012 · owns 10% to 25%
    • Si Ho Michael Cheung · Director/Svp/Cio Capital Marketscontrol
      since 09/2012 · owns less than 5%
    • Thandi Clements · Director/Vp/Client Servicecontrol
      since 09/2022 · owns less than 5%
    • Donald Mark Clifford · Director/Svp/Real Estatecontrol
      since 08/2003 · owns 5% to 10%
    • Garrett Thomas Fisher · Director/Evp/Senior Portfolio Manager, Real Estate Debtcontrol
      since 01/2013 · owns 5% to 10%
    • Charlotte Jenny Gage · Director/Svp/Real Estatecontrol
      since 08/2020 · owns less than 5%
    • Sean Patrick Malley · Director/Evp/Ciocontrol
      since 02/2020 · owns 10% to 25%
    • Gerard Paul Ravetta · Director/Evp/Chief Operating Officercontrol
      since 09/2016 · owns 5% to 10%
    • Gerard Michael Russell · Director/Evp/Chairman/Economic Strategistcontrol
      since 01/2012 · owns less than 5%
    • Lee Tracey Voll · Director/Svp/Chief Compliance Officercontrol
      since 10/2013 · owns less than 5%
    • Michael Robert Kovecs · Svp/Chief Financial Officer
      since 05/2018 · owns less than 5%
    Related persons
    Schedule D 7.A
    • Cory A. Carlson & Rhoda Altom
      y
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Seattle, Wa · principal601
    Offices
    Schedule D 1.F, the 25 largest
    • Boston, MA13 employees
    • San Francisco, CA5 employees
    • El Segundo, CA2 employees
    • Lake Oswego, OR1 employees
    • Los Angeles, WA1 employees
    • Vancouver, WA1 employees
    • Dana Point, CA1 employees
    • Hermosa Beach, CA1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 248 to 251
      Jun 27, 2025 to Mar 12, 2026
    • Charity clients · unset to 0.0
      Jun 27, 2025 to Mar 12, 2026
    • HNW clients · 17 to 16
      Jun 27, 2025 to Mar 12, 2026
    • Individual clients · 9 to 8
      Jun 27, 2025 to Mar 12, 2026
    • Pension plan clients · 27 to 33
      Jun 27, 2025 to Mar 12, 2026
    • Assets in custody · $812M to $881M
      Jun 27, 2025 to Mar 12, 2026
    • Employees · 82 to 79
      Jun 27, 2025 to Mar 12, 2026
    • State-registered IARs · 9 to 7
      Jun 27, 2025 to Mar 12, 2026
    • Other offices · 8 to 7
      Jun 27, 2025 to Mar 12, 2026
    • Discretionary RAUM · $6.2B to $6.5B
      Jun 27, 2025 to Mar 12, 2026
    • HNW RAUM · $47.2M to $50.2M
      Jun 27, 2025 to Mar 12, 2026
    • Individual RAUM · $5.2M to $4.4M
      Jun 27, 2025 to Mar 12, 2026
    • Non-discretionary RAUM · $849M to $870M
      Jun 27, 2025 to Mar 12, 2026
    • Pension RAUM · $538M to $710M
      Jun 27, 2025 to Mar 12, 2026
    • Pooled vehicle RAUM · $6.3B to $6.4B
      Jun 27, 2025 to Mar 12, 2026
    • RAUM · $7.1B to $7.4B
      Jun 27, 2025 to Mar 12, 2026
    • Financial planning clients · unset to
      Mar 11, 2025 to Jun 27, 2025
    • Accounts · 244 to 248
      Jun 18, 2024 to Mar 11, 2025
    • Advisory employees · 45 to 46
      Jun 18, 2024 to Mar 11, 2025
    • Corporate clients · 7 to 8
      Jun 18, 2024 to Mar 11, 2025
    • HNW clients · 20 to 17
      Jun 18, 2024 to Mar 11, 2025
    • Pension plan clients · 25 to 27
      Jun 18, 2024 to Mar 11, 2025
    • Assets in custody · $790M to $812M
      Jun 18, 2024 to Mar 11, 2025
    • Discretionary RAUM · $6.0B to $6.2B
      Jun 18, 2024 to Mar 11, 2025
    • HNW RAUM · $50.3M to $47.2M
      Jun 18, 2024 to Mar 11, 2025
    • Individual RAUM · $5.3M to $5.2M
      Jun 18, 2024 to Mar 11, 2025
    • Non-discretionary RAUM · $818M to $849M
      Jun 18, 2024 to Mar 11, 2025
    • Pension RAUM · $473M to $538M
      Jun 18, 2024 to Mar 11, 2025
    • Pooled vehicle RAUM · $6.2B to $6.3B
      Jun 18, 2024 to Mar 11, 2025
    • RAUM · $6.8B to $7.1B
      Jun 18, 2024 to Mar 11, 2025
    • Accounts · 245 to 244
      Jun 6, 2023 to Mar 26, 2024
    • Advisory employees · 43 to 45
      Jun 6, 2023 to Mar 26, 2024
    • HNW clients · 23 to 20
      Jun 6, 2023 to Mar 26, 2024
    • Individual clients · 7 to 9
      Jun 6, 2023 to Mar 26, 2024
    • Pension plan clients · 24 to 25
      Jun 6, 2023 to Mar 26, 2024
    • Pooled vehicle clients · 9 to 10
      Jun 6, 2023 to Mar 26, 2024
    • Assets in custody · $606M to $790M
      Jun 6, 2023 to Mar 26, 2024
    • Employees · 78 to 82
      Jun 6, 2023 to Mar 26, 2024
    • State-registered IARs · 8 to 9
      Jun 6, 2023 to Mar 26, 2024
    • Other offices · 7 to 8
      Jun 6, 2023 to Mar 26, 2024
    Signals
    5 dated events
    • Thandi Clements left Washington Capital Management Inc for Cs Mckee (registered 2026-08-06)
      Apr 24, 2026 · Advisor changed firm · fact
    • Angelo Joseph Versaggi (Director/Evp/Real Estate) no longer on Schedule A of Washington Capital Management Inc (listed 2022-03-25, absent 2023-03-21)
      Mar 21, 2023 · Control person left · inference
    • Thandi Clements (Director/Vp/Client Service) appeared on Schedule A of Washington Capital Management Inc
      Mar 21, 2023 · Control person joined · fact
    • Washington Capital Management Inc reported RAUM $6.5B, up 28% from $5.1B (2021-03-25 to 2022-03-25)
      Mar 25, 2022 · RAUM change · derived
    • Charlotte Jenny Gage (Director/Svp/Real Estate) appeared on Schedule A of Washington Capital Management Inc
      Mar 25, 2021 · Control person joined · fact
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Firm profile
    LINKEDIN.COM/COMPANY/WASHINGTON-CAPITAL-MANAGEMENTreportedpublic record, Form ADV, Sep 18, 2026
    Website
    WA-CAP.COMreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    206-382-0825reportedpublic record, Form ADV, Jun 11, 2026
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
    RAUM per advisor
    $1.2Bderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026
    Across the graphs

    Washington Capital Management Inc is the same institution as 1 record in Real Estate Funds.

    Real Estate Funds1

    Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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