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

Cutler Investment Group

Independent wealth managerJacksonville, OregonCRD 128483SEC 801-62469websiteIAPD
Legal name Cutler Investment Counsel, LLC
Latest filing Aug 12, 2026
First filing on the tape Feb 2, 2012 · 51 filings
SEC status approved since Oct 31, 2003
RAUM
$1.5B
reported, Item 5.F
Discretionary
87%
of RAUM
Private clients
64%
$983M individuals and HNW
Advisors
21
registered through the firm on IAPD
RAUM per advisor
$73.4M
derived; firm RAUM over IAPD count
Employees
23
17 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
51 filings and snapshots on the tape
RAUM$1.5B as of Aug 12, 2026
Mar 23, 2012$175M then
HNW client RAUM$788M as of Aug 12, 2026
Jan 9, 2018$217M then
State-registered IARs (5.B.3)18 as of Aug 12, 2026
Mar 15, 201311 then
Employees (5.A)23 as of Aug 12, 2026
Mar 15, 201311 then
Private funds: no history
RAUM +18% over the last fiscal year+14% a year over threeIARs 16 to 18
Practice profile
derived from the filing of Aug 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
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$73.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
45derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$834,692derivedRAUM over accounts (5.F.2.f)
Discretionary
87%derivedof RAUM
Institutional
28%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
5.3derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+19%derivedItem 5.B.3 between annual amendments
Client growth, one year
+11%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, pension consultingreportedItem 5.G
Financial planning clients
500reportedItem 5.H
Custody
$209M, 566 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)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$788M51%
  • Pension and profit-sharing plans$410M27%
  • Individuals$195M13%
  • Investment companies$90.5M5.9%
  • Corporations and businesses$34.0M2.2%
  • Charitable organizations$24.1M1.6%
Individual clients
583reported
HNW clients
366reported
Pension plan clients
86reported
Charitable clients
12reported
Accounts
1,847reported
Financial planning clients
500reported
Wrap fee programs
noreported
Custody of client assets
$209M for 566 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.64 fund_share=0.06 institutional_share=0.28 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
21 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Carol Sue FischerJacksonville, OrApr 21, 201023 y0
Erich Mark PattenBellevue, WaJan 6, 201223 y0
Jennifer Ann LeroyCertified Financial PlannerJacksonville, OrAug 24, 201214 y0
Brooke Cutler AshlandJacksonville, Or Apr 16, 201414 y0
Matthew Cutler PattenJacksonville, OrDec 18, 201723 y0
Tingwei ChiangCertified Financial PlannerBellevue, WaFeb 7, 201815 y1
Randy Scott GardnerBellevue, WaMar 19, 201831 y3
Christine Renae BurkhartBellevue, WaSep 24, 201910 y2
Susan Leann NiedwickCertified Financial PlannerJacksonville, Or Oct 2, 202029 y7
Brook Austin AndersonCertified Financial PlannerBellevue, WaNov 30, 202110 y1
Alexander Otto LundAnchorage, AkFeb 24, 202212 y1
Michael Wayne ShamburgerAnchorage, AkApr 18, 202231 y3
Madison Raye RaffenspergerJacksonville, OrOct 30, 202310 y0
Ryan Lansing SweetJacksonville, Or Jul 29, 202413 y0
Christopher James HeckenkampCertified Financial PlannerJacksonville, Or Jun 2, 202511 y2
Ellery Elizabeth BarneyJacksonville, OrJun 18, 202512 y1
Dean Anthony RussoJacksonville, OrJul 10, 202525 y1
Nicholas Huy SwansonBellevue, Wa Sep 30, 202511 y0
Joseph Jing-Ting LuChartered Financial AnalystJacksonville, Or Apr 7, 202623 y4
Thomas Jake CaughellJacksonville, OrApr 13, 202612 y4
Christopher L MoretonJacksonville, Or Aug 11, 202610 y4
Advisor movement
1 left, 3 joined in 12 months
net +2 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 4.8% of current headcount4 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Austin Brook Anderson · Chief Operating Officercontrol
      since 11/2021 · owns less than 5%
    • Cutler Brooke Ashland · Chief Compliance Officercontrol
      since 10/2004 · owns less than 5%
    • Sue Carol Fischer · Director Of Client Relations, Membercontrol
      since 10/2003 · owns 5% to 10%
    • Mark Erich Patten · President, Membercontrol
      since 10/2003 · owns 25% to 50%
    • Cutler Matthew Patten · Chief Executive Officer, Membercontrol
      since 10/2003 · owns 25% to 50%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Jacksonville, Or · principal1441
    Bellevue, Wa820
    Anchorage, Ak300
    Newport Beach, Ca210
    Seattle, Wa000
    Offices
    Schedule D 1.F, the 25 largest
    • Bellevue, WA5 employees
    • Anchorage, AK3 employees
    • Newport Beach, CA3 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Aug 12, 2026
      FISCHER, CAROL, SUE (DIRECTOR OF CLIENT RELATIONS, MEMBER) left Schedule A between the filings of 2023-03-24 and 2026-08-12
      peers: independent wealth managers, $1B to $5B (1,360)
    What changed
    consecutive filings, newest first
    • Advisory employees · 18 to 17
      Jul 17, 2026 to Aug 12, 2026
    • Employees · 24 to 23
      Jul 17, 2026 to Aug 12, 2026
    • State-registered IARs · 19 to 18
      Jul 17, 2026 to Aug 12, 2026
    • Accounts · 2,235 to 1,847
      Feb 12, 2026 to Mar 20, 2026
    • Corporate clients · 18 to 26
      Feb 12, 2026 to Mar 20, 2026
    • HNW clients · 345 to 366
      Feb 12, 2026 to Mar 20, 2026
    • Individual clients · 510 to 583
      Feb 12, 2026 to Mar 20, 2026
    • Pension plan clients · 87 to 86
      Feb 12, 2026 to Mar 20, 2026
    • Assets in custody · $814M to $209M
      Feb 12, 2026 to Mar 20, 2026
    • Financial planning clients · 101-250 to More than 500
      Feb 12, 2026 to Mar 20, 2026
    • Discretionary RAUM · $1.1B to $1.3B
      Feb 12, 2026 to Mar 20, 2026
    • HNW RAUM · $649M to $788M
      Feb 12, 2026 to Mar 20, 2026
    • Individual RAUM · $142M to $195M
      Feb 12, 2026 to Mar 20, 2026
    • Non-discretionary RAUM · $175M to $206M
      Feb 12, 2026 to Mar 20, 2026
    • Pension RAUM · $345M to $410M
      Feb 12, 2026 to Mar 20, 2026
    • RAUM · $1.3B to $1.5B
      Feb 12, 2026 to Mar 20, 2026
    • Advisory employees · 17 to 18
      Jul 11, 2025 to Oct 8, 2025
    • Employees · 22 to 24
      Jul 11, 2025 to Oct 8, 2025
    • State-registered IARs · 17 to 19
      Jul 11, 2025 to Oct 8, 2025
    • Advisory employees · 16 to 17
      Jun 12, 2025 to Jul 11, 2025
    • Employees · 21 to 22
      Jun 12, 2025 to Jul 11, 2025
    • Financial planning clients · 101-250 to 101-250
      Jun 12, 2025 to Jul 11, 2025
    • State-registered IARs · 16 to 17
      Jun 12, 2025 to Jul 11, 2025
    • Advisory employees · 15 to 16
      May 26, 2025 to Jun 12, 2025
    • Employees · 20 to 21
      May 26, 2025 to Jun 12, 2025
    • State-registered IARs · 15 to 16
      May 26, 2025 to Jun 12, 2025
    • Advisory employees · 16 to 15
      Apr 15, 2025 to May 26, 2025
    • Employees · 21 to 20
      Apr 15, 2025 to May 26, 2025
    • State-registered IARs · 16 to 15
      Apr 15, 2025 to May 26, 2025
    • Accounts · 2,056 to 2,235
      Jan 29, 2025 to Apr 15, 2025
    • Advisory employees · 17 to 16
      Jan 29, 2025 to Apr 15, 2025
    • Corporate clients · 21 to 18
      Jan 29, 2025 to Apr 15, 2025
    • HNW clients · 209 to 345
      Jan 29, 2025 to Apr 15, 2025
    • Individual clients · 630 to 510
      Jan 29, 2025 to Apr 15, 2025
    • Assets in custody · $232M to $814M
      Jan 29, 2025 to Apr 15, 2025
    • State-registered IARs · 17 to 16
      Jan 29, 2025 to Apr 15, 2025
    • Discretionary RAUM · $1.1B to $1.1B
      Jan 29, 2025 to Apr 15, 2025
    • HNW RAUM · $487M to $649M
      Jan 29, 2025 to Apr 15, 2025
    • Individual RAUM · $226M to $142M
      Jan 29, 2025 to Apr 15, 2025
    • Non-discretionary RAUM · $71.1M to $175M
      Jan 29, 2025 to Apr 15, 2025
    Signals
    8 dated events
    • Christopher Michael Wagner left Cutler Investment Group for West Wealth Group, Llc (registered 2026-05-21)
      May 13, 2026 · Advisor changed firm · fact
    • Stanley Sroufe Barnes left Cutler Investment Group for Sei Investments Management Corp (registered 2025-06-30)
      May 26, 2025 · Advisor changed firm · fact
    • Matthew M Jensen left Cutler Investment Group for Us Capital Global Wealth Management, Llc (registered 2025-10-15)
      Jul 25, 2024 · Advisor changed firm · fact
    • Bryan Milloy Knutson left Cutler Investment Group for South Cove Financial, Llc (registered 2026-09-09)
      Dec 12, 2023 · Advisor changed firm · fact
    • Austin Brook Anderson (Chief Operating Officer) appeared on Schedule A of Cutler Investment Group
      Mar 24, 2023 · Control person joined · fact
    • Cutler Investment Group reported RAUM $971.0M, up 29% from $750.0M (2021-04-30 to 2022-03-31)
      Mar 31, 2022 · RAUM change · derived
    • Cutler Investment Counsel, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Apr 30, 2021 · Succession (Item 4) · fact
    • Cutler Investment Group reported RAUM $767.4M, down 25% from $1.0B (2017-03-31 to 2018-01-09)
      Jan 9, 2018 · RAUM change · derived
    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@cutler.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    541-770-9000reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    541-779-0006reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    206-624-5863reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    LINKEDIN.COM/COMPANY/812471reportedpublic record, Form ADV, Sep 17, 2026
    Website
    CUTLER.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    541-770-9000reportedpublic record, Form ADV, Aug 12, 2026
    Contact form
    cutler.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    cutler.com/our-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
    $73.4Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026