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.

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SEC-registered adviser

M••••• N••••• • C••• I•••

Independent wealth managerSeattle, WashingtonCRD 2903SEC 801-123009websiteIAPD
Latest filing Aug 17, 2026
First filing on the tape Dec 8, 2021 · 10 filings
SEC status approved since Jan 11, 2022
RAUM
$287M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$287M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$57.5M
derived; firm RAUM over IAPD count
Employees
9
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$287M as of Aug 17, 2026
Mar 14, 2023$159M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Aug 17, 2026
Mar 14, 20230 then
Employees (5.A)9 as of Aug 17, 2026
Mar 14, 20237 then
Private funds: no history
RAUM +11% over the last fiscal year+22% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 17, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • 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
$57.5MderivedRAUM 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
$680,910derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, pension consulting, selection of other advisersreportedItem 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
  • is a broker-dealer (6.A.1)
  • 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
  • Individuals$287M100%
Individual clients
422reported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
422reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=8.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M••••• O••••• N•••••Seattle, WaMay 14, 201353 y0
S••••• E•••• R••••• K•••••Seattle, WaJul 29, 202027 y0
S•••• T••••• M••••••••Seattle, WaNov 5, 202116 y0
M•••••• E•••••• E••••••Seattle, WaDec 26, 202513 y0
J••• P•••• J•••••Seattle, WaFeb 27, 202614 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 headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • N•••••• M••••• O••••• J• · President/Ccocontrol
    since 10/1970 · owns 75% or more
  • K•••••• S••••• E•••• R••••• · Secretary/Treasurer
    since 10/2004 · owns less than 5%
  • M••••••••• S•••• T••••• · Vice President
    since 04/2022 · owns less than 5%
  • N•••••• V•••• A•• · Director
    since 02/1999 · owns less than 5%
  • R•••••• F••••••• L•••• · Vice President
    since 12/2003 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Seattle, Wa · principal520
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • business activity changedChange between filings · filing Aug 17, 2026
    selection of other advisers (Item 5.G.7): no on the filing of 2026-03-03, yes on the filing of 2026-08-17
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Advisory activities · 2 to 3
    Mar 3, 2026 to Aug 17, 2026
  • Accounts · 392 to 422
    Nov 11, 2025 to Mar 3, 2026
  • Advisory employees · 2 to 4
    Nov 11, 2025 to Mar 3, 2026
  • BD registered reps · 6 to 8
    Nov 11, 2025 to Mar 3, 2026
  • Individual clients · 392 to 422
    Nov 11, 2025 to Mar 3, 2026
  • Employees · 7 to 9
    Nov 11, 2025 to Mar 3, 2026
  • Discretionary RAUM · $260M to $287M
    Nov 11, 2025 to Mar 3, 2026
  • Individual RAUM · $260M to $287M
    Nov 11, 2025 to Mar 3, 2026
  • RAUM · $260M to $287M
    Nov 11, 2025 to Mar 3, 2026
  • Financial planning clients · 0 to 0
    Feb 4, 2025 to Nov 11, 2025
  • Accounts · 337 to 392
    Jul 23, 2024 to Feb 4, 2025
  • Individual clients · 330 to 392
    Jul 23, 2024 to Feb 4, 2025
  • Discretionary RAUM · $208M to $260M
    Jul 23, 2024 to Feb 4, 2025
  • Individual RAUM · $208M to $260M
    Jul 23, 2024 to Feb 4, 2025
  • RAUM · $208M to $260M
    Jul 23, 2024 to Feb 4, 2025
  • Accounts · 273 to 337
    Mar 14, 2023 to Feb 29, 2024
  • Individual clients · 273 to 330
    Mar 14, 2023 to Feb 29, 2024
  • Discretionary RAUM · $159M to $208M
    Mar 14, 2023 to Feb 29, 2024
  • Individual RAUM · $159M to $208M
    Mar 14, 2023 to Feb 29, 2024
  • RAUM · $159M to $208M
    Mar 14, 2023 to Feb 29, 2024
  • Accounts · 155 to 273
    Jan 12, 2022 to Mar 14, 2023
  • BD registered reps · 8 to 6
    Jan 12, 2022 to Mar 14, 2023
  • Individual clients · 160 to 273
    Jan 12, 2022 to Mar 14, 2023
  • Employees · 9 to 7
    Jan 12, 2022 to Mar 14, 2023
  • Discretionary RAUM · $108M to $159M
    Jan 12, 2022 to Mar 14, 2023
  • Individual RAUM · $108M to $159M
    Jan 12, 2022 to Mar 14, 2023
  • RAUM · $108M to $159M
    Jan 12, 2022 to Mar 14, 2023
Signals
1 dated events
  • M••••• N••••• • C••• I••• filed its initial SEC registration (Form ADV)
    Dec 8, 2021 · First SEC registration · 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
compliance@martinnelsonco.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
206-682-6261reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
800-543-3332reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/martin-nelson-&-co.-inc.reportedpublic record, Form ADV, Sep 18, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
206-682-6261reportedpublic record, Form ADV, Aug 17, 2026
Team page
martinnelsonco.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
$57.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026