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

Hcm Wealth

Independent wealth managerSan Rafael, CaliforniaCRD 106158SEC 801-48519website IAPD

Legal name Hutchinson Capital Management

Latest filing Mar 30, 2026

First filing on the tape Mar 30, 2012 · 56 filings

SEC status approved since Feb 17, 1995

RAUM

$942M

reported, Item 5.F

Discretionary

100%

of RAUM

Private clients

89%

$834M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$235M

derived; firm RAUM over IAPD count

Employees

5 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

56 filings and snapshots on the tape

RAUM$942M as of Mar 30, 2026

Mar 30, 2012$477M then

HNW client RAUM$739M as of Mar 30, 2026

Mar 26, 2018$473M then

State-registered IARs (5.B.3)0 as of Mar 30, 2026

Mar 30, 20120 then

Employees (5.A)7 as of Mar 30, 2026

Mar 28, 20139 then

Private funds: no history

RAUM +6.6% over the last fiscal year+4.5% a year over threeIARs 3 to 0

Practice profile

derived from the filing of Mar 30, 2026; every figure names its basis

Archetypes, each a printed rule

HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control

RAUM per advisor: $235MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 67derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $4.7MderivedHNW RAUM over HNW clients
Average account: $1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary: 100%derivedof RAUM
Institutional: 9.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 1.8derivedItem 5.A over advisors
Advisors per office: 4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year: +6.6%derivedbetween the last two annual amendments
Advisor growth, one year: -100%derivedItem 5.B.3 between annual amendments
Client growth, one year: +1.9%derived
Compensation: percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody: $341M, 129 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)
has custody of client cash or bank accounts (9.A.1.a)
has custody of client securities (9.A.1.b)
an independent public accountant performs a surprise examination (9.C.1)

Where the RAUM sits

Form ADV Item 5.D, latest filing

High-net-worth individuals$739M79%
Individuals$94.4M10%
Pension and profit-sharing plans$54.5M5.8%
State and municipal entities$29.1M3.1%
Corporations and businesses$21.6M2.3%
Charitable organizations$2.6M0.3%

Individual clients: 113reported
HNW clients: 156reported
Pension plan clients: 15reported
Charitable clients: 4reported
Accounts: 779reported
Financial planning clients: 1-10reported
Wrap fee programs: noreported
Custody of client assets: $341M for 129 clientsreported
Compensation: % of AUM, fixed, hourlyreported
Class basis: private_client_share=0.89 fund_share=0.0 institutional_share=0.09 related_bd=false related_bank=false bd_reps=0.0derived

Advisors registered through the firm

4 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
Steven Kelley WilkesChartered Financial Analyst	San Rafael, Ca	Jan 5, 2017	23 y	2
Jake Nicholas Popoff	San Rafael, Ca	Jun 5, 2023	13 y	0
Stuart James CrandallCertified Financial Planner	San Rafael, Ca	Jan 1, 2025	20 y	2
Gage Thomas HouserChartered Financial Analyst	San Rafael, Ca	Jan 1, 2025	28 y	2

Advisor movement

0 left, 0 joined in 12 months

net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months

Left, latest

Abhay Srivastava to As Investment Partners LLC
May 4, 2023 · RIA to a state-registered adviser
Kevin Patrick Cope to Cope Connelly
Oct 14, 2020 · RIA to RIA
Puneet Singh Sahi to Gfo Advisory Services, LLC
Jul 2, 2015 · Other
Patrick Thomas Brennan to Brennan Asset Management
Jan 19, 2015 · Other

Joined, latest

Stuart James Crandall from Threadline Wealth
Jan 1, 2025 · Other
Patrick Thomas Brennan from Brennan Asset Management
Jan 1, 2014 · Other
Puneet Singh Sahi from Gfo Advisory Services, LLC
Dec 6, 2013 · Other
Gage Thomas Houser from Credit Suisse Securities (USA) LLC
Nov 12, 2009 · Other
Steven Kelley Wilkes from Wells Fargo Investments, LLC
Feb 24, 2005 · Other

Every departure Every arrival

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Thomas Gage Houser · President, Chief Financial Officer, Wealth Advisorcontrol
since 06/2011 · owns 25% to 50%
Kelley Steven Wilkes · Chief Executive Officer, Chief Compliance Officer, Wealth Advisorcontrol
since 09/2010 · owns 25% to 50%
James Stuart Crandall · Director Of Financial Planning, Wealth Advisor
since 05/2025 · owns 10% to 25%

Related persons

Schedule D 7.A

No related person reported.

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
San Rafael, Ca · principal	4	0	0

Offices

Schedule D 1.F, the 25 largest

No branch office listed.

What changed

consecutive filings, newest first

Accounts · 744 to 779
Jan 27, 2026 to Mar 30, 2026
Corporate clients · 5 to 6
Jan 27, 2026 to Mar 30, 2026
HNW clients · 155 to 156
Jan 27, 2026 to Mar 30, 2026
Individual clients · 109 to 113
Jan 27, 2026 to Mar 30, 2026
Assets in custody · $313M to $341M
Jan 27, 2026 to Mar 30, 2026
State-registered IARs · 4 to 0
Jan 27, 2026 to Mar 30, 2026
Discretionary RAUM · $879M to $937M
Jan 27, 2026 to Mar 30, 2026
HNW RAUM · $701M to $739M
Jan 27, 2026 to Mar 30, 2026
Individual RAUM · $84.6M to $94.4M
Jan 27, 2026 to Mar 30, 2026
Non-discretionary RAUM · $4.5M to $4.5M
Jan 27, 2026 to Mar 30, 2026
Pension RAUM · $54.4M to $54.5M
Jan 27, 2026 to Mar 30, 2026
RAUM · $883M to $942M
Jan 27, 2026 to Mar 30, 2026
Business name · HUTCHINSON CAPITAL MANAGEMENT to HCM WEALTH
Dec 19, 2025 to Jan 27, 2026
Advisory employees · 3 to 5
Oct 10, 2025 to Dec 19, 2025
State-registered IARs · 3 to 4
Oct 10, 2025 to Dec 19, 2025
Financial planning clients · 1-10 to 1-10
Mar 11, 2025 to Jun 4, 2025
Accounts · 723 to 744
Dec 4, 2024 to Feb 15, 2025
Charity clients · 3 to 4
Dec 4, 2024 to Feb 15, 2025
Corporate clients · 1 to 5
Dec 4, 2024 to Feb 15, 2025
HNW clients · 154 to 155
Dec 4, 2024 to Feb 15, 2025
Individual clients · 112 to 109
Dec 4, 2024 to Feb 15, 2025
Pension plan clients · 16 to 15
Dec 4, 2024 to Feb 15, 2025
Assets in custody · $261M to $313M
Dec 4, 2024 to Feb 15, 2025
Discretionary RAUM · $827M to $879M
Dec 4, 2024 to Feb 15, 2025
HNW RAUM · $664M to $701M
Dec 4, 2024 to Feb 15, 2025
Individual RAUM · $84.7M to $84.6M
Dec 4, 2024 to Feb 15, 2025
Non-discretionary RAUM · $5.8M to $4.5M
Dec 4, 2024 to Feb 15, 2025
Pension RAUM · $49.0M to $54.4M
Dec 4, 2024 to Feb 15, 2025
RAUM · $833M to $883M
Dec 4, 2024 to Feb 15, 2025
Accounts · 724 to 723
Apr 5, 2023 to Mar 15, 2024
Charity clients · 4 to 3
Apr 5, 2023 to Mar 15, 2024
Corporate clients · 0 to 1
Apr 5, 2023 to Mar 15, 2024
HNW clients · 155 to 154
Apr 5, 2023 to Mar 15, 2024
Individual clients · 115 to 112
Apr 5, 2023 to Mar 15, 2024
Pension plan clients · 19 to 16
Apr 5, 2023 to Mar 15, 2024
Assets in custody · $197M to $261M
Apr 5, 2023 to Mar 15, 2024
Discretionary RAUM · $814M to $827M
Apr 5, 2023 to Mar 15, 2024
HNW RAUM · $677M to $664M
Apr 5, 2023 to Mar 15, 2024
Individual RAUM · $66.9M to $84.7M
Apr 5, 2023 to Mar 15, 2024
Non-discretionary RAUM · $11.3M to $5.8M
Apr 5, 2023 to Mar 15, 2024

Signals

2 dated events

Abhay Srivastava left Hcm Wealth for As Investment Partners Llc (registered 2024-02-01)
May 4, 2023 · Advisor changed firm · fact
Hutchinson Capital Management reported succeeding to the business of Another Adviser (Form ADV Item 4)
Nov 4, 2016 · Succession (Item 4) · fact

Across DFX

shared identifiers only, never a name match

No identifier-backed link to the venture, private equity, family office or sponsor graphs.

How to reach

public business contact points only, each with its source

Business email: inquiry@hcm-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email: grace.ruiz@hcm-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email: ivan.dias@hcm-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email: melissa.segreto@hcm-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone: 800-481-8388reportedpublished by the firm, firm site, Sep 15, 2026
Business phone: 415-464-5650reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile: LINKEDIN.COM/COMPANY/HCM-WEALTHreportedpublic record, Form ADV, Sep 18, 2026
Website: HCM-WEALTH.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone: 415-464-5650reportedpublic record, Form ADV, Mar 30, 2026
Team page: hcm-wealth.com/our-team-financial-planning-advisorsreportedpublished by the firm, firm site, Sep 15, 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: Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor: $235Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026