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

Northern Capital Management, Inc.

Independent wealth managerSpokane, WashingtonCRD 111379SEC 801-44942websiteIAPD
Latest filing Mar 12, 2026
First filing on the tape Mar 30, 2012 · 25 filings
SEC status approved since Nov 5, 1993
RAUM
$527M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$518M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$52.7M
derived; firm RAUM over IAPD count
Employees
11
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$527M as of Mar 12, 2026
Mar 30, 2012$424M then
HNW client RAUM$374M as of Mar 12, 2026
Mar 30, 2018$158M then
State-registered IARs (5.B.3)10 as of Mar 12, 2026
Mar 30, 20120 then
Employees (5.A)11 as of Mar 12, 2026
Mar 22, 201310 then
Private funds: no history
RAUM +14% over the last fiscal year+16% a year over threeIARs 10 to 10
Practice profile
derived from the filing of Mar 12, 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
$52.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
72derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$283,954derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
5.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.3%derived
Compensation
percentage of assets, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, publications, educational seminars, otherreportedItem 5.G
Custody
$175M, 258 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)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$374M71%
  • Individuals$144M27%
  • Corporations and businesses$6.3M1.2%
  • Charitable organizations$2.6M0.5%
Individual clients
577reported
HNW clients
142reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,855reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$175M for 258 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
David B HollowayCertified Financial PlannerSpokane, Wa Jun 30, 200325 y1
Michelle Lynn WarnerSpokane, WaSep 27, 200529 y0
Molly Jo ChaseCertified Financial PlannerSpokane, WaJun 20, 200823 y1
James Karl WilsonCertified Financial PlannerSpokane, WaJul 13, 201138 y2
Laura Elizabeth HailCertified Financial PlannerSpokane, WaNov 5, 201116 y0
Laurie Jo SilvaSpokane, WaMay 14, 201927 y0
Logan Gregory JonesCertified Financial PlannerSpokane, WaAug 7, 202313 y0
Ethyn J KillingerSpokane, WaAug 23, 202412 y0
Emily Jean PaukertCertified Financial PlannerSpokane, WaApr 7, 202510 y1
Matthew Antonio PorrasSpokane, WaMay 16, 202511 y0
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Lynn Jennifer Isotalo · Chief Operations Officercontrol
    since 08/2020 · owns less than 5%
  • Lynn Michelle Warner · Chief Compliance Officercontrol
    since 07/2020 · owns 10% to 25%
  • Karl James Wilson · Managing Partner/President/Cfocontrol
    since 02/1992 · owns 75% or more
Related persons
Schedule D 7.A
Advisers that list Northern Capital Management, Inc. as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Spokane, Wa · principal1000
Offices
Schedule D 1.F, the 25 largest
  • Post Falls, ID1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • business activity changedChange between filings · filing Mar 12, 2026
    pension consulting (Item 5.G.6): no on the filing of 2025-07-24, yes on the filing of 2026-03-12
    peers: independent wealth managers, $500M to $1B (1,483)
What changed
consecutive filings, newest first
  • Accounts · 1,819 to 1,855
    Jul 24, 2025 to Mar 12, 2026
  • Advisory activities · 6 to 7
    Jul 24, 2025 to Mar 12, 2026
  • Corporate clients · 11 to 13
    Jul 24, 2025 to Mar 12, 2026
  • HNW clients · 132 to 142
    Jul 24, 2025 to Mar 12, 2026
  • Individual clients · 571 to 577
    Jul 24, 2025 to Mar 12, 2026
  • Assets in custody · $141M to $175M
    Jul 24, 2025 to Mar 12, 2026
  • Discretionary RAUM · $462M to $526M
    Jul 24, 2025 to Mar 12, 2026
  • HNW RAUM · $318M to $374M
    Jul 24, 2025 to Mar 12, 2026
  • Individual RAUM · $136M to $144M
    Jul 24, 2025 to Mar 12, 2026
  • Non-discretionary RAUM · $439,377 to $426,870
    Jul 24, 2025 to Mar 12, 2026
  • RAUM · $462M to $527M
    Jul 24, 2025 to Mar 12, 2026
  • Financial planning clients · 251-500 to 251-500
    Mar 21, 2025 to Jul 24, 2025
  • Accounts · 1,750 to 1,819
    Dec 4, 2024 to Mar 21, 2025
  • Advisory activities · 5 to 6
    Dec 4, 2024 to Mar 21, 2025
  • Corporate clients · 10 to 11
    Dec 4, 2024 to Mar 21, 2025
  • HNW clients · 116 to 132
    Dec 4, 2024 to Mar 21, 2025
  • Individual clients · 570 to 571
    Dec 4, 2024 to Mar 21, 2025
  • Assets in custody · $125M to $141M
    Dec 4, 2024 to Mar 21, 2025
  • Discretionary RAUM · $391M to $462M
    Dec 4, 2024 to Mar 21, 2025
  • HNW RAUM · $253M to $318M
    Dec 4, 2024 to Mar 21, 2025
  • Individual RAUM · $132M to $136M
    Dec 4, 2024 to Mar 21, 2025
  • Non-discretionary RAUM · $430,573 to $439,377
    Dec 4, 2024 to Mar 21, 2025
  • RAUM · $391M to $462M
    Dec 4, 2024 to Mar 21, 2025
  • Accounts · 1,745 to 1,750
    Mar 23, 2023 to Mar 20, 2024
  • HNW clients · 102 to 116
    Mar 23, 2023 to Mar 20, 2024
  • Individual clients · 576 to 570
    Mar 23, 2023 to Mar 20, 2024
  • Assets in custody · $103M to $125M
    Mar 23, 2023 to Mar 20, 2024
  • State-registered IARs · 0 to 10
    Mar 23, 2023 to Mar 20, 2024
  • Discretionary RAUM · $340M to $391M
    Mar 23, 2023 to Mar 20, 2024
  • HNW RAUM · $206M to $253M
    Mar 23, 2023 to Mar 20, 2024
  • Individual RAUM · $129M to $132M
    Mar 23, 2023 to Mar 20, 2024
  • Non-discretionary RAUM · $442,970 to $430,573
    Mar 23, 2023 to Mar 20, 2024
  • RAUM · $340M to $391M
    Mar 23, 2023 to Mar 20, 2024
  • Accounts · 1,734 to 1,745
    Mar 25, 2022 to Mar 23, 2023
  • Advisory employees · 7 to 8
    Mar 25, 2022 to Mar 23, 2023
  • HNW clients · 121 to 102
    Mar 25, 2022 to Mar 23, 2023
  • Individual clients · 560 to 576
    Mar 25, 2022 to Mar 23, 2023
  • Assets in custody · $116M to $103M
    Mar 25, 2022 to Mar 23, 2023
  • Employees · 10 to 11
    Mar 25, 2022 to Mar 23, 2023
  • Discretionary RAUM · $388M to $340M
    Mar 25, 2022 to Mar 23, 2023
Signals
3 dated events
  • Liam Alexander Pearson Gamble left Northern Capital Management, Inc. for Northern Capital Retirement Services, Inc. (registered 2021-10-08)
    Feb 24, 2025 · Advisor changed firm · fact
  • Northern Capital Management, Inc. reported 10 state-registered advisory representatives, up from 0 (2023-03-23 to 2024-03-20)
    Mar 20, 2024 · Advisor headcount change · derived
  • Lynn Jennifer Isotalo (Chief Operations Officer) appeared on Schedule A of Northern Capital Management, Inc.
    Aug 18, 2020 · Control person joined · 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 phone
509-456-2526reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
800-826-9803reportedpublished by the firm, firm site, Sep 15, 2026
Website
NORTHERNWELCOME.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
509-456-2526reportedpublic record, Form ADV, Mar 12, 2026
Contact form
NORTHERNWELCOME.COM/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
NORTHERNWELCOME.COM/teamreportedpublished 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
$52.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026