Finding the Top Financial Advisors in Lake Oswego, Oregon
If you’re trying to find a financial advisor in Lake Oswego, Oregon, we can help. The editorial team at SmartAsset conducted intensive research on all the financial advisors in Lake Oswego to narrow down our list to the very best. We dug through complex financial and government documents to bring you what you need to know. Read on to learn about fee structures, services, minimum investments and more. You can also find a local financial advisor by using our free matching tool, which will pair you with up to three advisors who serve your area.
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|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Northwest Capital Management, Inc. Find an Advisor||$6,487,085,957||No set account minimum|| || |
Minimum AssetsNo set account minimum
|2||Aldrich Wealth, LP Find an Advisor||$4,774,644,173||No set account minimum|| || |
Minimum AssetsNo set account minimum
|3||Human Investing Find an Advisor||$1,639,632,759||No set account minimum|| || |
Minimum AssetsNo set account minimum
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|4||Matisse Capital Find an Advisor||$1,602,501,027||$1,000,000|| || |
|5||CGC Financial Services Find an Advisor||$676,511,557||$25,000|| || |
|6||Horst & Graben Wealth Management, LLC Find an Advisor||$605,526,887||$500,000|| || |
|7||Northwest Investment Counselors, LLC Find an Advisor||$601,212,000||$500,000|| || |
|8||Allium Financial Advisors, LLC Find an Advisor||$425,961,756||No set account minimum|| || |
Minimum AssetsNo set account minimum
|9||Rain Capital Management Find an Advisor||$437,179,560||$1,000,000|| || |
|10||Retirement Consulting Group, Inc. Find an Advisor||$361,919,658||No set account minimum|| || |
Minimum AssetsNo set account minimum
What We Use in Our Methodology
To find the top financial advisors in Lake Oswego, we first identified all firms registered with the SEC in the city. Next, we filtered out firms that don't offer financial planning services, those that don't serve primarily individual clients and those that have disclosures on their record. The qualifying firms were then ranked according to the following criteria:
- AUMFirms with more total assets under management are ranked higher.
- Individual Client CountFirms who serve more individual clients (as opposed to institutional clients) are ranked higher.
- Clients Per AdvisorFirms with a lower ratio of clients per financial advisor are ranked higher.
- Age of FirmFirms that have been in business longer are ranked higher.
All information is obtained through public records and is updated annually after the firms’ form ADV filing. This list may include firms that have a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. Such relationships have no impact on our rankings, and firms are included and ranked based strictly on the above criteria. SmartAsset is not a client of the aforementioned firms, and did not receive compensation for including any of the firms on the aforementioned list.
Northwest Capital Management, Inc.
Northwest Capital Management, a large fee-only firm, is the top-rated financial advisor in Lake Oswego. Northwest Capital Management, which is also the No. 2-ranked firm in Oregon, does not impose a specific asset minimum to become a client.
Northwest Capital Management works with individuals, high-net-worth individuals, pension plans, profit-sharing plans, government entities, charitable organizations and businesses. It also serves with one sovereign Native American tribe. The firm's team features five advisors who hold the certified financial planner (CFP) designation, three who are chartered financial analysts (CFAs), an accredited asset management specialist (AAMS) and an accredited investment fiduciary (AIF).
As a fee-only firm, Northwest Capital Management does not sell financial products or insurance and its advisors do not earn commissions. Instead, the firm's compensation comes solely from the fees that clients pay for its advisory services.
Northwest Capital Management Background
Chairman and chief compliance officer Frederick Payne Jr. founded Northwest Capital Management in 1998 after working in the financial services industry for more than a decade. President Brent Petty joined the firm in 2005 and became its majority owner in 2020.
Northwest Capital Management, which has an additional office in Seattle, manages investment portfolios both on a discretionary and non-discretionary basis. The firm also offers financial planning, which may include estate planning, tax management, asset allocation creation and more.
Northwest Capital Management Investment Strategy
Northwest Capital Management explicitly states in its firm brochure that "how you should invest your money is determined by when you need to spend that money." This belief that your time horizon should dictate how your portfolio is constructed is not commonly seen, as most similar firms will primarily focus on your risk tolerance when picking and managing investments.
Northwest Capital Management typically invests client assets in domestic and global stocks, bonds, real estate, cash and alternatives. The firm has also managed “fund of fund” portfolios, investing in various mutual funds that offer exposure to different asset classes and management styles. Northwest Capital Management also purchases exchange-traded funds (ETFs) and/or collective trusts.
Aldrich Wealth, LP
Aldrich Wealth is a fee-based financial advisor firm based in Lake Oswego with additional offices in Oregon, California and Alaska. Ranked No. 2 in Lake Oswego, Aldrich Wealth is also ranked among the top advisory firms in Oregon.
The firm has various advisory certifications, including employees who hold the certified public accountant (CPA), certified financial planner (CFP) and personal finance specialist (PFS) designations. Advisors at Aldrich Wealth can earn commissions for recommending certain insurance or investment products, which creates a conflict of interest. However, as a SEC-registered firm, Aldrich Wealth has a fiduciary duty to always act in its clients best interest, even when recommending third-party products and services.
Most of Aldrich Wealth's client base comprises individuals who fall above or below the high-net-worth threshold. The firm also works with businesses, retirement plans and charitable organizations. Account minimums are negotiable and dependent upon a number of factors that determine whether the firm takes on a prospective client.
Aldrich Wealth Background
Aldrich Wealth is a partnership under the principal ownership of AKT Services, LLP, a financial holding company owned by more than 30 people. Aldrich Wealth was founded in 1998.
Aldrich Wealth's primary services are financial planning investment management, estate planning, tax services and insurance consulting. These services are divided into multiple subsections depending on a client's exact needs.
Aldrich Wealth Investment Strategy
When a person becomes a new client at Aldrich Wealth, they will be paired with one of the firm's asset allocation models. The client's risk tolerance, time horizon and liquidity needs inform this matching process. The models are split between aggressive and conservative asset allocations, and they are each diversified across different markets and investment types.
The firm believes long-term historical data and an informed outlook of the current market environment are central to framing a client's expectations for how their investments will perform in the future.
Human Investing, No. 3 on our list, works with individuals, high-net-worth individuals, banks and credit unions, pensions, profit-sharing plans, trusts, estates, charities, as well as business entities. Human Investing, which is also ranked among the top 1o firms in state, does not require a minimum initial investment or account size.
Human Investing’s advisory team features five certified financial planners (CFPs), four certified public accountants (CPAs), one chartered financial analyst (CFA) and one chartered financial consultant (ChFC).
Human Investing works on a fee-only basis, meaning its advisors collect fees directly from clients in exchange for provided services. Neither Human Investing nor its advisors receive other compensation from third-party firms for recommending or selling their products.
Human Investing Background
Previously known as AndersonFisher, LLC, Human Investing first began offering its services in 2004 when Peter Fisher founded the firm. Fisher remains its principal owner. In addition to owning the firm, Fisher is the author of the book, "Becoming a 401(k) Millionaire."
Human Investing offers investment management, estate planning, education planning, impact investing, retirement planning, risk management and tax strategy. On top of offering services to individuals, Human Investing also advises Nike executives, vice presidents and directors on their benefits and financial plans.
Human Investing Investment Strategy
Human Investing creates portfolios for clients based on their investment policy statements. The firm pens this document following a meeting with a client and an evaluation of the client’s financial profile. It will take into account several factors such as risk tolerance, investing goals and time horizon.
The firm will draw from this information to establish a portfolio’s asset allocation. The firm typically invests client assets in a diversified mix of mutual funds, exchange-traded funds, individual stocks and bonds, cash and cash equivalents when constructing a portfolio. Fundamental analysis, asset allocation and mutual fund/ETF analysis all inform the firm's investment strategy.
Fee-only Matisse Capital, the No. 4 firm on our list, requires a minimum initial investment of $1 million for new clients to join. Despite the hefty minimum, the firm actually works with significantly more individuals below the high-net-worth threshold than those above it. Matisse also serves investment companies, other investment advisors, pooled investment vehicles, pensions, profit-sharing plans, charities and government entities.
As a fee-only firm, Matisse Capital's advisors do not sell securities, insurance or earn commissions, eliminating the potential for a conflict of interest. Rather, the firm makes its money entirely from client fees.
On its website, Matisse Capital does not provide a list of financial certifications that its advisors hold. However, the firm also appears in SmartAsset's list of the top financial advisors in Oregon.
Matisse Capital Background
In 2010, Matisse Capital's chief investment officer Bryn Torkelson founded the firm's predecessor, Deschutes Portfolio Strategies. The firm rebranded as Matisse Capital in January 2018. Torkelson has worked in the investment and financial management field for over 40 years, starting as a broker at Smith Barney in Seattle in 1981.
Matisse Capital offers clients individual wealth management, retirement plan management for sponsors and participants, nonprofit management and closed-end fund research and portfolio management.
Matisse Capital Investment Strategy
Matisse Capital invests almost entirely in "low-fee, institutional class, no-load, open-end mutual funds." The inherent diversification, low management fees and liquidity of mutual funds make them desirable investments in the firm's view. In selecting mutual funds, the firm focuses on a fund's long-term performance, expense ratios and historical volatility. Matisse Capital also seeks out funds that will protect capital in bear markets.
CGC Financial Services
CGC Financial Serivces provides financial planning and investment management services to individuals along with their related estates, trust funds and other entities. It also works with pension plans, profit-sharing plans, businesses and charitable orgizations. The firm's advisory team includes one certified financial planner (CFP).
The firm generally requires a minimum account size of $25,000 to establish an investment management relationship. However, the firm may waive this minimum at its own discretion.
The firm charges fees that are based on percentage of your assets under management (AUM). CGC may also charge fixed or hourly fees for for stand-alone financial planning projects. In addition, advisors may receive compensation from third-party affiliates for selling their products, making CGC a fee-based firm. Despite the potential conflict of interest that selling third-party products may create, CGC is a fiduciary and must act in your best interests.
CGC Financial Services Background
CGC Financial Services is led by co-founder Glen Clemans, who has worked in the financial services industry for nearly 35 years. During that timespan, he has been recognized by several financial publications and organizations. Barron’s ranked him among the Top 10 financial advisors in Oregon in 2022. In 2015, the Financial Times listed him on its Top 400 Financial Advisors Nationwide.
Clemans co-founded CGC Financial Services in 2006 and remains its sole owner. CGC offers asset management services on a discretionary and non-discretionary basis, meaning some clients give CGC full control over their accounts, while others retain final say on individual transactions. It also provides stand-alone financial planning services on topics like retirement and estate planning.
CGC Financial Services Investment Strategy
CGC Financial Services attempts to build portfolios with tactical asset allocations that reflect the clients’ personal circumstances, like their risk tolerance, investment goals and tax situation. Based on this profile, the firm may invest assets in different securities such as mutual funds, index funds, and exchange-traded funds (ETFs). CGC engages in both long-term purchases (securities that are held for over a year) and short-term purchases (securities sold within a year).
The firm also makes investment decisions based on the following methods of analysis:
- Technical: Forecasting the direction of prices by analyzing market data such as price and volume.
- Fundamental: Measuring a company's financial health based on information like its financial statements, management advantages and the performance of its competitors
- Charting: Identifying price movements and market trends in financial markets while aiming to exploit those patterns.
Horst & Graben Wealth Management, LLC
Horst & Graben Wealth Management is an independent investment advisory firm working with individuals, high-net-worth individuals, estates, trusts, charities, businesses, pension and profit-sharing plans.
Horst & Graben generally requires a minimum account size of $500,000. However it may waive this minimum at its own discretion. The firm may terminate an existing account if its value dips below $500,000. The Horst and Graben includes two advisors with the certified financial planner (CFP) designation, one of whom also holds the chartered financial consultant (ChFC) certification.
As a fee-based firm, Horst & Graben personnel may receive compensation from various sources. Some advisors are also registered to sell commission-based products from third-party affiliates, creating a potential conflict of interest. However, Horst & Graben is a fiduciary and must act in your best interests.
Horst & Graben Wealth Management Background
Horst & Graben formed in 2018 under the direction of Jamieson Grabenhorst and Casey Cleveland. Grabenhorst serves co-principal owner along with Casey and Molly Cleveland Revocable Living Trust.
The firm aims to construct a comprehensive financial plan for clients that touches on several aspects of their financial lives such as investments, retirement savings and estate planning. It also offers digital software to help clients view all of their accounts in real time through one channel.
Horst & Graben Wealth Management Investment Strategy
Horst & Graben evaluates several aspects of your financial profile including risk tolerance, tax situation, current holdings and long-term goals. It uses this information to set a proper asset allocation for your portfolio. To diversify your portfolio, the firm may invest your assets in different investments such as exchange-traded funds (ETFs) and mutual funds.
It also utilizes other strategies when making investment decisions. For instance, it may engage in fundamental analysis of the companies it considers investing client assets in. This process involves conducting a deep analysis in the financial health of these companies by studying their financial records as well as the state of the sector it is in as well as that of its competitors. The firm may also employ technical analysis and charting analysis when evaluating potential intevestments.
Northwest Investment Counselors, LLC
Northwest Investment Counselors (NWIC) is a fee-only financial advisory firm that provides investment services to individuals, high-net-worth individuals, pension and profit-sharing plans, trusts, estates, and charitable organizations. As a fee-only firm, NWIC is compensated through client fees, not commissions.
NWIC generally requires a minimum investment of $500,000 for asset management services. It may waive this requirement on a case by case basis.
The team features three chartered financial analysts (CFAs), one chartered retirement planning counselor (CRPC) and one certified divorce financial analyst (CDFA).
Northwest Investment Counselors Background
Formed in 1998, NWIC is owned by Mark E. Scarlett, Matthew J.N. Roehr, Christel P. Turkiewicz, and Michelle C. Garcia, all of whom still work for the firm. The firm’s advisory team receives compensation on a fee-only basis. So its advisors collect fees directly from their clients, and they don’t receive payments from third-party firms for selling their products.
Northwest Investment Counselors Investment Strategy
NWIC engages in fundamental analysis when making investment decisions. The firm analyzes available information on topics like market conditions and economic outlook from financial media, fund prospectuses, third-party research materials and more. The firm typically uses individual stocks and bonds, as well as certain index funds in constructing client portfolios.
In determining your asset allocation, NWIC considers several factors like your risk appetite and investment goals. The firm engages in long-term and short-term purchases as it deems appropriate. It may also initiate margin transactions when requested by a client.
The firm generally recommends that clients establish their brokerage accounts with Charles Schwab & Co., Inc.’s institutional division.
Allium Financial Advisors, LLC
Allium Financial Advisors, the eighth-ranked firm on our list, is a fee-based practice that works with high-net-worth individuals, individuals, estates, trusts, charitable organizations, corporations and other business entities. Allium Financial does not impose a minimum account size.
The firm’s staff of advisors features two certified financial planners (CFPs), a chartered financial analyst (CFA) and a certified trust and financial advisor (CTFA).
Allium Financial’s compensation arrangements include asset-based fees, hourly fees and fixed fees. However, some Allium Financial employees are also licensed insurance agents and may earn commissions when recommending insurance to advisory clients. This compensation creates a conflict of interest, because advisors have a financial incentive to recommend certain services over others. However, the firm is a fiduciary and must always act in your best interest.
Allium Financial Advisors Background
Allium Financial is a multi-family office established in 2017. The firm’s owners are Sheree Demers Arntson, Jamie McCreary, Pradeep Tempalli and Stephanie Fagerstrom.
Its primary advisory services are portfolio management, financial planning and pension consulting services. Allium Financial manages a majority of client assets on a discretionary basis, but also offers non-discretionary management.
Allium Financial Advisors Investment Strategy
Allium tailors its investment advice to the needs of individual clients after hearing about their risk tolerance, time horizon, liquidity needs and other factors. It typically allocates client assets among mutual funds, ETFs and independent investment managers. However, the firm may also recommend certain investment products that are not offered by the firm's primary custodian, including variable life insurance and annuity contracts.
Rain Capital Management
Rain Capital Management (RCM), the ninth-ranked advisory firm in Lake Oswego, has a minimum account requirement of $1 million. As a result, a majority of its clients are high-net-worth individuals. However, RCM does work with non-high-net-worth individuals, charitable organizations, retirement plans and corporations.
RCM is a fee-only firm, meaning it makes money exclusively from client fees, not commissions from third-party firms. Advisors at RCM do not sell financial products or insurance. The firm charges an asset-based fee for investment management and retirement plan rollovers.
Members of RCM's small advisory team do not hold any financial certifications like the chartered financial analyst (CFA) or certified financial planner (CFP) designations.
Rain Capital Management Background
Founded in 2011, RCM has three principal owners: chief portfolio strategist David Reichle, chief investment officer Chris Abbruzzese and chief operating officer Ellen Kim.
The firm specializes in investment advisory, portfolio management and financial planning for individuals and their families, as well as trusts, estates, foundations and business entities.
Rain Capital Management Investment Strategy
RCM's typical investment recommendations include mutual funds, individual bonds, and exchange-listed equity securities. The firm tailors its investment strategies to the time horizons of its clients, and places a high priority on developing a mix of assets that are appropriate to each client's goals, objectives and risk tolerance.
In addition to more traditional asset classes, the firm may recommend clients invest in private equity or hedge funds, real assets like real estate or commodities, as well as debt securities.
Retirement Consulting Group, Inc.
The 10th and final firm on our list is Retirement Consulting Group (RCG), a fee-only practice that works with retirement plans, as well as individual clients with and without high net worths. The firm also serves charitable organizations. The majority of the assets that RCG manages belong to pension and profit sharing plans. There is no minimum account size for new clients at RCG.
While the firm does not list any financial certifications on its website, its advisors work on a fee-only basis, meaning their compensation comes solely from the fees that clients pay for advisory services. Advisors do not sell financial products or insurance for commissions. The firm charges an asset-based fee for portfolio management, but may charge hourly or fixed fees for standalone financial planning or consulting services.
Retirement Consulting Group Background
RCG was founded in 1997 by John H. Upton, who remains the owner and president of the business. Upton was originally an investment advisor affiliated with KHS Financial Services, Inc. However, RCG registered as an investment advisor with the SEC in 2020 and is no long associated with KHS Financial Services.
The firm primarily offers portfolio management, retirement plans and financial planning to both individual and institutional clients. Financial planning may touch on any of the following topics:
- Budgeting and cash management
- Risk management
- Insurance planning and analysis
- Financial planning related to divorce and marriage
- Estate planning
- Tax planning
- Investment planning and asset allocation
- Educational funding
Retirement Consulting Group Investment Strategy
RCG offers both discretionary and non-discretionary asset management. When designing portfolios, the firm considers a client's financial goals, investment objectives, tolerance for risk, and time horizon for investments. Client portfolios are typically built with a diversified mix of mutual funds, exchange-traded funds (ETFS), individual stocks and bonds, cash and cash equivalents. Depending on the client's asset level, investment needs and other factors, the firm may also recommend U.S. government and municipal securities, real estate investment trusts (REITs), and other instruments.