{"url":"https://nivawealth.com/firms/government-portfolio-advisors-170384","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/170384","regulatoryAum":35085851431,"crd":"170384","secFileNumber":"801-79184","legalName":"Government Portfolio Advisors LLC","displayName":"Government Portfolio Advisors","website":null,"founded":null,"organization":"Oregon limited liability company","fiscalYearEnd":"December","headquarters":{"street":"6650 SW Redwood Lane, Suite 315","city":"Portland","state":"OR","stateName":"Oregon","country":"United States","postalCode":"97224"},"tradeNames":[],"registration":{"secApproved":"18 February 2014","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":11,"advisory":6,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":1313104238,"discretionaryAccounts":8,"nonDiscretionary":33772747193,"nonDiscretionaryAccounts":68,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":4},"clientTypes":[{"label":"High-net-worth individuals","clients":null,"regulatoryAum":20137003},{"label":"State or municipal government entities","clients":73,"regulatoryAum":35065714428}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Principal Securities, Inc.","shortName":"Principal Securities","location":"San Francisco, CA","smaAssets":12625463379},{"name":"U.S. Bank","shortName":"U.S. Bank","location":"Minneapolis, MN","smaAssets":9206339246},{"name":"Zions Bank","shortName":"Zions Bank","location":"Salt Lake City, UT","smaAssets":4248478175}],"custodyNote":"Government Portfolio Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Deanne Woodring","title":"President, Chief Investment Officer & Managing Member","crd":"1088213"},{"name":"Mitchell Henke","title":"Chief Compliance Officer, Chief Operating Officer","crd":"5185501"},{"name":"Michael Clark","title":"Owner, Director of Portfolio Management and Operations","crd":"2226398"}],"ownership":[{"label":"Deanne Woodring","detail":"President, chief investment officer & managing member in the 50% to 75% ownership band and a control person, since January 2014."},{"label":"Michael Clark","detail":"Owner, director of portfolio management and operations in the 5% to 10% ownership band, since September 2015."},{"label":"Mitchell Henke","detail":"Chief compliance officer, chief operating officer in the 10% to 25% ownership band and a control person, since January 2024."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"Oregon","offices":1,"addresses":[{"street":"6650 SW Redwood Lane, Suite 315","city":"Portland","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"503-248-9973","stateRegisteredReps":6,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":2},{"label":"U.S. government/agency bonds","percent":71},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":6},{"label":"Securities issued by registered investment companies or business development companies","percent":4},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":14},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"17 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/170384/PDF/170384.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Government Portfolio Advisors have?","answer":"Government Portfolio Advisors has 73 clients and manages $35.1 billion for them, as of August 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 17 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Government Portfolio Advisors offer?","answer":"Government Portfolio Advisors provides portfolio management for individuals and small businesses and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Government Portfolio Advisors use?","answer":"Government Portfolio Advisors’ separately managed account assets are held at Principal Securities, Inc. (San Francisco, CA), with $12,625,463,379, U.S. Bank (Minneapolis, MN), with $9,206,339,246 and Zions Bank (Salt Lake City, UT), with $4,248,478,175. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Government Portfolio Advisors have?","answer":"Government Portfolio Advisors has 6 investment adviser representatives registered with state securities authorities, out of 11 employees, and 6 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Government Portfolio Advisors invest in?","answer":"At the end of its last fiscal year, Government Portfolio Advisors’ separately managed accounts held 71% U.S. government and agency bonds, 14% pooled vehicles (private funds and similar), 6% investment grade corporate bonds, 4% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents, 2% exchange-traded equities and 1% state and local bonds. It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Government Portfolio Advisors?","answer":"Government Portfolio Advisors’ direct owners are Deanne Woodring (50% to 75%), Michael Clark (5% to 10%) and Mitchell Henke (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 17 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Government Portfolio Advisors get paid?","answer":"Government Portfolio Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}