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

Private Asset Management Inc

Independent wealth managerKirkland, WashingtonCRD 108815SEC 801-52507websiteIAPD
Latest filing Apr 30, 2026
First filing on the tape Mar 30, 2012 · 30 filings
SEC status approved since Jul 26, 1996
RAUM
$109M
reported, Item 5.F
Discretionary
73%
of RAUM
Private clients
100%
$109M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$54.7M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$109M as of Apr 30, 2026
Mar 30, 2012$95.4M then
HNW client RAUM$101M as of Apr 30, 2026
Mar 7, 2018$107M then
State-registered IARs (5.B.3)2 as of Apr 30, 2026
Mar 30, 20120 then
Employees (5.A)4 as of Apr 30, 2026
Mar 28, 20133 then
Private funds2 as of Mar 30, 2020
Mar 30, 20123 then
RAUM +4.1% over the last fiscal year-13% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Apr 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$54.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
30derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$618,584derivedRAUM over accounts (5.F.2.f)
Discretionary
73%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+4.1%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-24%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, publicationsreportedItem 5.G
Custody
$82.9M, 46 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)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$101M92%
  • Individuals$8.4M7.7%
Individual clients
20reported
HNW clients
40reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
177reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$82.9M for 46 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Michael Lawrence ThayerKirkland, WaSep 18, 199642 y0
Clarissa CandelarioKirkland, WaSep 9, 202426 y5
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 headcount1 left over 36 months
Left, latest
Joined, latest
Private funds
4 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Solaire Phoenix, LLCno longer reportedReal Estate Fund$4.5M42Mar 12, 2015
The Meadows Phoenix, LLCno longer reportedReal Estate Fund$2.9M42Mar 30, 2012
Vista Village Phoenix, LLCno longer reportedReal Estate Fund$1.1M12Mar 30, 2012
Plg Fund I, LLCno longer reportedSecuritized Asset Fund$273,54527Mar 30, 2012
Owners and control persons
Schedule A and B, latest filing
  • Lawrence Michael Thayer · Chief Compliance Officercontrol
    since 10/2004 · owns 50% to 75%
Related persons
Schedule D 7.A
  • Pam Real Estate Group II, LLC
    pooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Kirkland, Wa · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • discretionary share shiftChange between filings · filing Apr 30, 2026
    discretionary share of RAUM moved from 0.0% to 73.0% between the annual amendments of 2025-03-31 and 2026-04-30
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 252 to 177
    May 5, 2025 to Mar 13, 2026
  • Advisory employees · 2 to 4
    May 5, 2025 to Mar 13, 2026
  • Advisory activities · 4 to 3
    May 5, 2025 to Mar 13, 2026
  • HNW clients · 42 to 40
    May 5, 2025 to Mar 13, 2026
  • Individual clients · 37 to 20
    May 5, 2025 to Mar 13, 2026
  • Assets in custody · $52.7M to $82.9M
    May 5, 2025 to Mar 13, 2026
  • Employees · 3 to 4
    May 5, 2025 to Mar 13, 2026
  • Financial planning clients · 11-25 to 51-100
    May 5, 2025 to Mar 13, 2026
  • Discretionary RAUM · $0 to $79.6M
    May 5, 2025 to Mar 13, 2026
  • HNW RAUM · $94.3M to $101M
    May 5, 2025 to Mar 13, 2026
  • Individual RAUM · $10.9M to $8.4M
    May 5, 2025 to Mar 13, 2026
  • Non-discretionary RAUM · $105M to $29.9M
    May 5, 2025 to Mar 13, 2026
  • RAUM · $105M to $109M
    May 5, 2025 to Mar 13, 2026
  • Financial planning clients · 11-25 to 11-25
    Mar 31, 2025 to May 5, 2025
  • Accounts · 100 to 252
    Feb 27, 2024 to Mar 31, 2025
  • HNW clients · 61 to 42
    Feb 27, 2024 to Mar 31, 2025
  • Individual clients · 38 to 37
    Feb 27, 2024 to Mar 31, 2025
  • Assets in custody · $11.5M to $52.7M
    Feb 27, 2024 to Mar 31, 2025
  • Discretionary RAUM · $39.9M to $0
    Feb 27, 2024 to Mar 31, 2025
  • HNW RAUM · $125M to $94.3M
    Feb 27, 2024 to Mar 31, 2025
  • Individual RAUM · $14.5M to $10.9M
    Feb 27, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $129M to $105M
    Feb 27, 2024 to Mar 31, 2025
  • RAUM · $169M to $105M
    Feb 27, 2024 to Mar 31, 2025
  • Advisory activities · 5 to 4
    Mar 22, 2023 to Feb 27, 2024
  • Charity clients · 6.0 to unset
    Mar 22, 2023 to Feb 27, 2024
  • HNW clients · 57 to 61
    Mar 22, 2023 to Feb 27, 2024
  • Individual clients · 43 to 38
    Mar 22, 2023 to Feb 27, 2024
  • Assets in custody · $1.4M to $11.5M
    Mar 22, 2023 to Feb 27, 2024
  • Financial planning clients · 0 to 11-25
    Mar 22, 2023 to Feb 27, 2024
  • Discretionary RAUM · $11.0M to $39.9M
    Mar 22, 2023 to Feb 27, 2024
  • HNW RAUM · $133M to $125M
    Mar 22, 2023 to Feb 27, 2024
  • Individual RAUM · $18.9M to $14.5M
    Mar 22, 2023 to Feb 27, 2024
  • Non-discretionary RAUM · $156M to $129M
    Mar 22, 2023 to Feb 27, 2024
  • RAUM · $167M to $169M
    Mar 22, 2023 to Feb 27, 2024
  • Accounts · 99 to 100
    Mar 8, 2022 to Mar 22, 2023
  • Advisory activities · 3 to 5
    Mar 8, 2022 to Mar 22, 2023
  • BD registered reps · 2 to 0
    Mar 8, 2022 to Mar 22, 2023
  • HNW clients · 51 to 57
    Mar 8, 2022 to Mar 22, 2023
  • Individual clients · 37 to 43
    Mar 8, 2022 to Mar 22, 2023
  • Assets in custody · $603,288 to $1.4M
    Mar 8, 2022 to Mar 22, 2023
Signals
1 dated events
  • David Gino Giannini left Private Asset Management Inc for Truvista Advisors Llc (registered 2024-06-06)
    Aug 1, 2024 · Advisor changed firm · 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
info@privateasset.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
425-213-1600reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/private-asset-management-incorporated/areportedpublic record, Form ADV, Sep 17, 2026
Website
PRIVATEASSET.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
425-213-1600reportedpublic record, Form ADV, Apr 30, 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
$54.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026
Across the graphs

Private Asset 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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