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

Government Portfolio Advisors LLC

Institutional managerPortland, OregonCRD 170384SEC 801-79184websiteIAPD
Latest filing Aug 17, 2026
First filing on the tape Feb 3, 2014 · 32 filings
SEC status approved since Feb 18, 2014
RAUM
$35B
reported, Item 5.F
Discretionary
3.7%
of RAUM
Private clients
0.1%
$20.1M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$5.8B
derived; firm RAUM over IAPD count
Employees
11
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$35B as of Aug 17, 2026
Feb 11, 2015$4.5B then
HNW client RAUM$20.1M as of Aug 17, 2026
Mar 8, 2018$77.3M then
State-registered IARs (5.B.3)6 as of Aug 17, 2026
Feb 11, 20155 then
Employees (5.A)11 as of Aug 17, 2026
Feb 11, 20157 then
Private funds: no history
RAUM +35% over the last fiscal year+28% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Aug 17, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
RAUM per advisor
$5.8BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$462MderivedRAUM over accounts (5.F.2.f)
Discretionary
3.7%derivedof RAUM
Institutional
100%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+35%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • State and municipal entities$35B100%
  • High-net-worth individuals$20.1M0.1%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
76reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.0 fund_share=0.0 institutional_share=1.0 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
Deanne WoodringChartered Financial AnalystPortland, OrFeb 11, 201542 y2
Whitney Laraine MaherPortland, OrMay 19, 201515 y1
Michael Craig ClarkPortland, OrMar 20, 201734 y0
Mitchell Bradley HenkePortland, OrJan 8, 202414 y2
Ryan Riad Abou-HaidarChartered Financial AnalystPortland, OrFeb 20, 202416 y0
Samantha Dean WoodringPortland, OrMar 30, 202610 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
  • Bradley Mitchell Henke · Chief Compliance Officer, Chief Operating Officercontrol
    since 01/2024 · owns 10% to 25%
  • Deanne Woodring · President, Chief Investment Officer & Managing Membercontrol
    since 01/2014 · owns 50% to 75%
  • Craig Michael Clark · Owner, Director Of Portfolio Management And Operations
    since 09/2015 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Government Portfolio Advisors LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Portland, Or · principal610
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • RAUM up 25 %Change between filings · filing Mar 4, 2026
    RAUM (Item 5.F) moved from $25,897,235,362 to $35,085,851,431 (+35.0%) between the annual amendments of 2025-03-04 and 2026-03-04; the peer median change was +11.0% (83 comparable advisers, 96.0th percentile of changes)
    peers: institutional managers, $20B and over (83) · 96% percentile
What changed
consecutive filings, newest first
  • Employees · 10 to 11
    Mar 4, 2026 to Aug 17, 2026
  • Accounts · 73 to 76
    Jun 26, 2025 to Mar 4, 2026
  • HNW clients · 5.0 to unset
    Jun 26, 2025 to Mar 4, 2026
  • Employees · 9 to 10
    Jun 26, 2025 to Mar 4, 2026
  • Discretionary RAUM · $2.0B to $1.3B
    Jun 26, 2025 to Mar 4, 2026
  • HNW RAUM · $20.5M to $20.1M
    Jun 26, 2025 to Mar 4, 2026
  • Non-discretionary RAUM · $24B to $34B
    Jun 26, 2025 to Mar 4, 2026
  • RAUM · $26B to $35B
    Jun 26, 2025 to Mar 4, 2026
  • Financial planning clients · unset to
    Mar 4, 2025 to Jun 26, 2025
  • Accounts · 70 to 73
    Oct 4, 2024 to Mar 4, 2025
  • HNW clients · 6 to 5
    Oct 4, 2024 to Mar 4, 2025
  • Employees · 7 to 9
    Oct 4, 2024 to Mar 4, 2025
  • Discretionary RAUM · $1.8B to $2.0B
    Oct 4, 2024 to Mar 4, 2025
  • HNW RAUM · $85.3M to $20.5M
    Oct 4, 2024 to Mar 4, 2025
  • Non-discretionary RAUM · $19B to $24B
    Oct 4, 2024 to Mar 4, 2025
  • RAUM · $20B to $26B
    Oct 4, 2024 to Mar 4, 2025
  • Accounts · 63 to 70
    Jan 8, 2024 to Mar 8, 2024
  • HNW clients · 5 to 6
    Jan 8, 2024 to Mar 8, 2024
  • Employees · 8 to 7
    Jan 8, 2024 to Mar 8, 2024
  • HQ city · PORTLAND to TIGARD
    Jan 8, 2024 to Mar 8, 2024
  • Discretionary RAUM · $1.5B to $1.8B
    Jan 8, 2024 to Mar 8, 2024
  • HNW RAUM · $79.8M to $85.3M
    Jan 8, 2024 to Mar 8, 2024
  • Non-discretionary RAUM · $15B to $19B
    Jan 8, 2024 to Mar 8, 2024
  • RAUM · $17B to $20B
    Jan 8, 2024 to Mar 8, 2024
  • HQ city · TIGARD to PORTLAND
    Mar 8, 2024 to Mar 8, 2024
  • Accounts · 53 to 63
    Nov 17, 2022 to Feb 25, 2023
  • Advisory employees · 5 to 6
    Nov 17, 2022 to Feb 25, 2023
  • HNW clients · 2 to 5
    Nov 17, 2022 to Feb 25, 2023
  • Employees · 10 to 8
    Nov 17, 2022 to Feb 25, 2023
  • State-registered IARs · 5 to 6
    Nov 17, 2022 to Feb 25, 2023
  • Discretionary RAUM · $1.2B to $1.5B
    Nov 17, 2022 to Feb 25, 2023
  • HNW RAUM · $83.6M to $79.8M
    Nov 17, 2022 to Feb 25, 2023
  • Non-discretionary RAUM · $11B to $15B
    Nov 17, 2022 to Feb 25, 2023
  • RAUM · $13B to $17B
    Nov 17, 2022 to Feb 25, 2023
  • Accounts · 54 to 53
    Mar 1, 2021 to Mar 11, 2022
  • HNW clients · unset to 2.0
    Mar 1, 2021 to Mar 11, 2022
  • Employees · 9 to 10
    Mar 1, 2021 to Mar 11, 2022
  • State-registered IARs · 6 to 5
    Mar 1, 2021 to Mar 11, 2022
  • Discretionary RAUM · $1.5B to $1.2B
    Mar 1, 2021 to Mar 11, 2022
  • HNW RAUM · $77.1M to $83.6M
    Mar 1, 2021 to Mar 11, 2022
Signals
10 dated events
  • Government Portfolio Advisors Llc reported RAUM $35.1B, up 35% from $25.9B (2025-06-26 to 2026-03-04)
    Mar 4, 2026 · RAUM change · derived
  • Government Portfolio Advisors Llc reported RAUM $25.9B, up 26% from $20.5B (2024-10-04 to 2025-03-04)
    Mar 4, 2025 · RAUM change · derived
  • Ray David Westcott (Chief Executive Officer, Chief Investment Officer & Managing Member) no longer on Schedule A of Government Portfolio Advisors Llc (listed 2024-03-08, absent 2024-10-04)
    Oct 4, 2024 · Control person left · inference
  • Craig Michael Clark (Owner, Director Of Trading And Operations) appeared on Schedule A of Government Portfolio Advisors Llc
    Mar 8, 2024 · Control person joined · fact
  • Bradley Mitchell Henke (Owner, Chief Operating And Strategy Officer) appeared on Schedule A of Government Portfolio Advisors Llc
    Mar 8, 2024 · Control person joined · fact
  • Garrett Evan Cudahey left Government Portfolio Advisors Llc for Clearwater Advisors, Llc (registered 2024-02-07)
    Jan 8, 2024 · Advisor changed firm · fact
  • Government Portfolio Advisors Llc reported RAUM $16.7B, up 32% from $12.7B (2022-11-17 to 2023-02-25)
    Feb 25, 2023 · RAUM change · derived
  • Government Portfolio Advisors Llc reported RAUM $10.2B, up 29% from $7.9B (2017-08-03 to 2018-03-08)
    Mar 8, 2018 · RAUM change · derived
  • Government Portfolio Advisors Llc filed its initial SEC registration (Form ADV)
    Feb 3, 2014 · First SEC registration · fact
  • Government Portfolio Advisors Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Feb 3, 2014 · 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
Website
GPAFIXEDINCOME.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
503-248-9973reportedpublic record, Form ADV, Aug 17, 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
Institutional managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$5.8Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026