Human Investing provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 1–10 clients last fiscal year.
Human Investing reports 1,348 clients. They include 1,131 individual clients, 136 high-net-worth individuals, and 73 pension and profit-sharing plans. Of its assets, 43.4% ($964M across 3,289 accounts) are managed with discretion; $1.26B across 93 accounts are not. A wrap fee program the firm both sponsors and manages holds $46.1M. Of its clients, 1% are outside the U.S. It advised 6 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 84% | 20% |
| High-net-worth individuals | 10% | 22% |
| Pension and profit-sharing plans | 5% | 57% |
| Charitable organizations | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,131 | $437M | 19.6% | $386K |
| High-net-worth individuals | 136 | $481M | 21.6% | $3.53M |
| Pension and profit-sharing plans | 73 | $1.26B | 56.6% | $17.2M |
| Charitable organizations | 8 | $48.8M | 2.2% | $6.1M |
| Total | 1,348 | $2.22B | 100% | $1.65M |
- Clients
- 1,131
- Regulatory AUM
- $437M
- AUM share
- 19.6%
- Avg. per client
- $386K
- Clients
- 136
- Regulatory AUM
- $481M
- AUM share
- 21.6%
- Avg. per client
- $3.53M
- Clients
- 73
- Regulatory AUM
- $1.26B
- AUM share
- 56.6%
- Avg. per client
- $17.2M
- Clients
- 8
- Regulatory AUM
- $48.8M
- AUM share
- 2.2%
- Avg. per client
- $6.1M
Total
- Clients
- 1,348
- Regulatory AUM
- $2.22B
- AUM share
- 100%
- Avg. per client
- $1.65M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 6
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Human Investing is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
The leadership team of Human Investing includes Chief Compliance Officer Andrew Gladhill. It has 28 employees, 18 of them in advisory roles.
Leadership
- Andrew GladhillPartner/Chief Compliance Officer
- Jill NovakPartner; Chief People Officer
- Peter FisherRetired
- Andrew NelsonManaging Partner
- Marc KadomatsuManaging Partner
- William KellarPartner
- Maria BellPartner
- Austin PearcePartner
Investment adviser representatives
16 representatives listed in the SEC register as of 9 October 2026.
- David Anderson
- Maria Lucia Genevieve Bell
- Drayton Leigh Carlberg
- Mitchell Thomas Chilcott
- Robin Donovan
- Amanda Marie Earlywine
- Andrew Richard Gladhill
- Holly Huddleson
- Marc Masao Kadomatsu
- William Joseph Kellar
- Nicole Lindblom
- Cort Daniel Morris
- Andrew Wiemer Nelson
- Austin Jesse Pearce
- Rebecca Anne Rohleder
- Cole Thomas
Staff
- 28 employees
- 18 in advisory functions
- 16 state-registered reps
- 2 soliciting firms
- Owns 10% to 25% of Human Investing, LLC
Peter Fisher
since September 2004
- Owns 10% to 25% of Human Investing, LLC
Andrew Nelson
Control person · since June 2020
- Owns 10% to 25% of Human Investing, LLC
Marc Kadomatsu
Control person · since June 2020
- Owns 10% to 25% of Human Investing, LLC
William Kellar
Control person · since July 2022
- Owns 5% to 10% of Human Investing, LLC
Jill Novak
Control person · since January 2002
- Owns 5% to 10% of Human Investing, LLC
Andrew Gladhill
Control person · since January 2023
- Owns 5% to 10% of Human Investing, LLC
Maria Bell
since January 2023
- Owns 5% to 10% of Human Investing, LLC
Austin Pearce
since January 2026
Human Investing’s regulatory assets grew 1.8× from $1.26B (July 2021) to $2.22B (March 2026); clients rose from 696 to 1,348 and employees from 18 to 28.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $2.22B | 1,348 | 28 | 1 |
| March 2025 | $1.88B | 1,111 | 26 | 1 |
| March 2024 | $1.64B | 996 | 22 | 1 |
| March 2023 | $1.42B | 928 | 21 | 1 |
| June 2022 | $1.64B | 798 | 21 | 1 |
| July 2021 | $1.26B | 696 | 18 | 1 |
Besides its headquarters, Human Investing has 0 offices, with 1 listed address in Oregon.
Oregon · 1 listed address
- 6000 Meadows RD, Suite 105, Lake OswegoHQ
Contact and registration details
- Legal name
- Human Investing, LLC
- Headquarters
- 6000 Meadows RD, Suite 105, Lake Oswego, OR 97035
- Website
- humaninvesting.com
- Phone
- 503-905-3100
- @human-investing
- SEC file
- 801-63556
- Structure
- Oregon LLC
- Fiscal year end
- December
Human Investing uses Fidelity ($747M, 43%), Charles Schwab ($692M, 40%) and The Standard ($305M, 18%) as custodians for its separately managed accounts. Human Investing has custody of $131M in client assets for 406 clients.
- FidelityFidelity Brokerage Services LLC · Covington, KY · $747M43%
- Charles SchwabCharles Schwab & Co., Inc. · Orlando, FL · $692M40%
- The StandardThe Standard · Portland, OR · $305M18%
At year end, Human Investing’s separately managed accounts were mostly in funds (88%). Its reported 13F holdings for the quarter ended 30 June 2026 total $771M across 105 positions; the largest are Vanguard Index Fds (29.1%), Vanguard FTSE Developed Markets ETF (11.3%) and iShares Core S&P Mid-cap ETF (5.6%).
What the accounts hold
- Stocks4%
- Funds88%
- Registered funds87%
- Pooled vehicles1%
- Bonds5%
- Cash3%
Reported 13F holdings
- $771M
- Reported 13F value
- 105
- Positions
- 74.2%
- In the 10 largest
- +12.3%
- Value vs. prior quarter
- Vanguard Index Fds · S&P 500 ETF Shs29.1%
- Vanguard FTSE Developed Markets ETF · Van FTSE Dev Mkt11.3%
- iShares Core S&P Mid-cap ETF · Core S&P Mcp ETF5.6%
- Vanguard High Dividend Yield ETF · High Div Yld5.1%
- Vanguard Dividend Appreciation ETF · Div App ETF4.8%
- Vanguard BD Index Fds · Short Trm Bond4.7%
- Vanguard Charlotte Fds · Total Int BD ETF4.1%
- iShares Core S&P 500 ETF · Core S&P500 ETF3.8%
- iShares Core S&P Small-cap ETF · Core S&P Scp ETF3.0%
- Vanguard FTSE Emerging Markets ETF · FTSE Emr Mkt ETF2.7%
Together, the ten largest are 74.2% of reported value.
How many clients does Human Investing have?
Human Investing has 1,348 clients and manages $2.22 billion for them, as of March 2026. They include 1,131 individual clients, 136 high-net-worth individuals, and 73 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Human Investing offer?
Human Investing provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Human Investing use?
Human Investing’s separately managed account assets are held at Fidelity Brokerage Services LLC (Covington, KY), with $747M, Charles Schwab & Co., Inc. (Orlando, FL), with $692M and The Standard (Portland, OR), with $305M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Human Investing have?
Human Investing has 16 investment adviser representatives registered with state securities authorities, out of 28 employees, and 18 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
What does Human Investing invest in?
At the end of its last fiscal year, Human Investing’s separately managed accounts held 87% registered funds (mutual funds, ETFs, BDCs), 5% U.S. government and agency bonds, 4% exchange-traded equities, 3% cash and equivalents and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Human Investing?
Human Investing’s direct owners are Peter Fisher, Andrew Nelson, Marc Kadomatsu, Jill Novak, William Kellar, Andrew Gladhill, Maria Bell and Austin Pearce, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Human Investing get paid?
Human Investing 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
How do I contact Human Investing?
Human Investing’s main office is at 6000 Meadows RD, Suite 105, Lake Oswego, OR 97035. Its phone number is 503-905-3100. Its website is humaninvesting.com.