Hutchinson Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, education planning, estate planning, insurance, and philanthropic planning. Financial planning was provided to 1–10 clients last fiscal year.
Hutchinson Capital Management reports 296 clients. They include 156 high-net-worth individuals, 113 individual clients, and 15 pension and profit-sharing plans. Of its assets, 99.5% ($937M across 751 accounts) are managed with discretion; $4.5M across 28 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 38% | 10% |
| High-net-worth individuals | 53% | 79% |
| Pension and profit-sharing plans | 5% | 6% |
| Charitable organizations | 1% | <1% |
| State or municipal government entities | <1% | 3% |
| Other client typesCorporations and other businesses | 2% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 113 | $94.4M | 10.0% | $836K |
| High-net-worth individuals | 156 | $739M | 78.5% | $4.74M |
| Pension and profit-sharing plans | 15 | $54.5M | 5.8% | $3.63M |
| Charitable organizations | 4 | $2.62M | 0.3% | $655K |
| State or municipal government entities | 2 | $29.1M | 3.1% | $14.5M |
| Corporations and other businesses | 6 | $21.6M | 2.3% | $3.6M |
| Total | 296 | $942M | 100% | $3.18M |
- Clients
- 113
- Regulatory AUM
- $94.4M
- AUM share
- 10.0%
- Avg. per client
- $836K
- Clients
- 156
- Regulatory AUM
- $739M
- AUM share
- 78.5%
- Avg. per client
- $4.74M
- Clients
- 15
- Regulatory AUM
- $54.5M
- AUM share
- 5.8%
- Avg. per client
- $3.63M
- Clients
- 4
- Regulatory AUM
- $2.62M
- AUM share
- 0.3%
- Avg. per client
- $655K
- Clients
- 2
- Regulatory AUM
- $29.1M
- AUM share
- 3.1%
- Avg. per client
- $14.5M
- Clients
- 6
- Regulatory AUM
- $21.6M
- AUM share
- 2.3%
- Avg. per client
- $3.6M
Total
- Clients
- 296
- Regulatory AUM
- $942M
- AUM share
- 100%
- Avg. per client
- $3.18M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Hutchinson Capital Management charges 0.40%–1.00% a year for its Advisory Fees. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $10,000 annual minimum. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$3M | 0.75% |
| $3M–$5M | 0.50% |
| $5M and above | 0.40% |
Fee details and sources
Other fees
- Financial Planning and Consultation
- Financial planning and consultation are billed at $350 an hour or as a flat fee, generally $3,000 to $5,000.
Steven Wilkes owns 25% to 50% of Hutchinson Capital Management. Steven Wilkes is CEO; the leadership team includes President Gage Houser. It has 7 employees, 5 of them in advisory roles.
Leadership
Steven WilkesChief Executive Officer, Chief Compliance Officer, Wealth Advisor
Gage HouserPresident, Chief Financial Officer, Wealth Advisor
Stuart CrandallDirector of Financial Planning, Wealth Advisor
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 7 employees
- 5 in advisory functions
- Owns 25% to 50% of Hutchinson Capital Management
Steven Wilkes
Control person · since September 2010
- Owns 25% to 50% of Hutchinson Capital Management
Gage Houser
Control person · since June 2011
- Owns 10% to 25% of Hutchinson Capital Management
Stuart Crandall
since May 2025
Hutchinson Capital Management’s regulatory assets grew from $644M (June 2021) to $942M (March 2026); clients were 296 in both filings and employees fell from 9 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $942M | 296 | 7 | 1 |
| June 2025 | $883M | 290 | 7 | 1 |
| April 2024 | $833M | 288 | 7 | 1 |
| April 2023 | $825M | 294 | 7 | 1 |
| June 2022 | $721M | 282 | 9 | 1 |
| June 2021 | $644M | 284 | 9 | 1 |
Besides its headquarters, Hutchinson Capital Management has 0 offices, with 1 listed address in California.
California · 1 listed address
- 1101 Fifth Avenue, Suite 160, San RafaelHQ
Contact and registration details
- Legal name
- Hutchinson Capital Management
- Headquarters
- 1101 Fifth Avenue, Suite 160, San Rafael, CA 94901
- Website
- hcm-wealth.com
- Phone
- 415-464-5650
- @hcm-wealth
- SEC file
- 801-48519
- Structure
- California corporation
- Fiscal year end
- December
Hutchinson Capital Management uses Charles Schwab ($931M) as custodian for its separately managed accounts. Hutchinson Capital Management has custody of $341M in client assets for 129 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $931M100%
At year end, Hutchinson Capital Management’s separately managed accounts were mostly in stocks (51%) and bonds (25%).
What the accounts hold
- Stocks51%
- Funds15%
- Bonds25%
- U.S. government and agency bonds21%
- State and local bonds3%
- Investment grade corporate bonds1%
- Cash9%
How many clients does Hutchinson Capital Management have?
Hutchinson Capital Management has 296 clients and manages $942 million for them, as of March 2026. They include 156 high-net-worth individuals, 113 individual clients, and 15 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Hutchinson Capital Management offer?
Hutchinson Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, education planning, estate planning, insurance, and philanthropic planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Hutchinson Capital Management charge?
Hutchinson Capital Management charges 0.40%–1.00% a year for its Advisory Fees. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $10,000 annual minimum.
Source: HCM WEALTH'S FORM ADV PARTS 2A AND 2B MARCH 2026, filed 30 March 2026
Which custodians does Hutchinson Capital Management use?
Hutchinson Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $931M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Hutchinson Capital Management have?
Hutchinson Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 7 employees, and 5 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 Hutchinson Capital Management invest in?
At the end of its last fiscal year, Hutchinson Capital Management’s separately managed accounts held 51% exchange-traded equities, 21% U.S. government and agency bonds, 15% registered funds (mutual funds, ETFs, BDCs), 9% cash and equivalents, 3% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Hutchinson Capital Management?
Hutchinson Capital Management’s direct owners are Steven Wilkes, Gage Houser and Stuart Crandall, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Hutchinson Capital Management get paid?
Hutchinson Capital Management 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
Is Hutchinson Capital Management registered with the SEC?
Yes, Hutchinson Capital Management has been registered with the SEC as an investment adviser since 17 February 1995. Its CRD number is 106158 and its SEC file number is 801-48519.
Source: Form ADV Part 1A, Item 1, filed 30 March 2026; IAPD firm record
How do I contact Hutchinson Capital Management?
Hutchinson Capital Management’s main office is at 1101 Fifth Avenue, Suite 160, San Rafael, CA 94901. Its phone number is 415-464-5650. Its website is hcm-wealth.com.