Leonard Rickey Investment Advisors, P.L.L.C. provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 1,130 clients last fiscal year.
Leonard Rickey Investment Advisors, P.L.L.C. reports 1,102 clients. They include 810 individual clients, 268 high-net-worth individuals and 13 other clients. Of its assets, 98.1% ($940M across 3,208 accounts) are managed with discretion; $18.4M across 69 accounts are not. It advised 5 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 74% | 30% |
| High-net-worth individuals | 24% | 64% |
| Pension and profit-sharing plans | Fewer than 5 | 1% |
| Charitable organizations | <1% | 1% |
| State or municipal government entities | Fewer than 5 | <1% |
| Other client typesCorporations and other businesses; Other | 2% | 4% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 810 | $290M | 30.3% | $358K |
| High-net-worth individuals | 268 | $609M | 63.5% | $2.27M |
| Pension and profit-sharing plans | Fewer than 5 | $11.1M | 1.2% | — |
| Charitable organizations | 6 | $11.2M | 1.2% | $1.87M |
| State or municipal government entities | Fewer than 5 | $2.74M | 0.3% | — |
| Corporations and other businesses | 5 | $24.5M | 2.6% | $4.91M |
| Other | 13 | $9.43M | 1.0% | $725K |
| Total | 1,102 | $958M | 100% | — |
- Clients
- 810
- Regulatory AUM
- $290M
- AUM share
- 30.3%
- Avg. per client
- $358K
- Clients
- 268
- Regulatory AUM
- $609M
- AUM share
- 63.5%
- Avg. per client
- $2.27M
- Clients
- Fewer than 5
- Regulatory AUM
- $11.1M
- AUM share
- 1.2%
- Avg. per client
- —
- Clients
- 6
- Regulatory AUM
- $11.2M
- AUM share
- 1.2%
- Avg. per client
- $1.87M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.74M
- AUM share
- 0.3%
- Avg. per client
- —
- Clients
- 5
- Regulatory AUM
- $24.5M
- AUM share
- 2.6%
- Avg. per client
- $4.91M
- Clients
- 13
- Regulatory AUM
- $9.43M
- AUM share
- 1.0%
- Avg. per client
- $725K
Total
- Clients
- 1,102
- Regulatory AUM
- $958M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 5
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1130
Leonard Rickey Investment Advisors, P.L.L.C. charges 0.30%–1.00% a year for its Investment Management Fee. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $1,200 annual minimum. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.00% |
| $250K–$1M | 0.85% |
| $1M–$3M | 0.70% |
| $3M–$5M | 0.50% |
| $5M–$9M | 0.30% |
| $9M and above | 0.50% |
Fee details and sources
Other fees
- Account Monitoring
- Annual fixed fee ranging from $100 to $500 per month, based on assets, number of accounts and complexity.
- Financial Planning
- Fixed fee of $250 to $2,000, or an hourly rate of $50 to $300, negotiable; half payable on signing the agreement.
Benjamin Rickey owns 25% to 50% of Leonard Rickey Investment Advisors, P.L.L.C.. The leadership team of Leonard Rickey Investment Advisors, P.L.L.C. includes Chief Operating Officer Susan Van Tress and Chief Compliance Officer Benjamin Rickey. It has 19 employees, 9 of them in advisory roles.
Staff
- 19 employees
- 9 in advisory functions
- 9 state-registered reps
- Owns 25% to 50% of Leonard Rickey Investment Advisors, P.L.L.C.
Benjamin Rickey
Control person · since December 2001
- Owns 25% to 50% of Leonard Rickey Investment Advisors, P.L.L.C.
Joy Stenehjem
Control person · since December 2001
- Owns 5% to 10% of Leonard Rickey Investment Advisors, P.L.L.C.
Matthew Hargreaves
Control person · since January 2019
Leonard Rickey Investment Advisors, P.L.L.C.’s regulatory assets grew 1.7× from $580M (July 2021) to $958M (September 2026); clients rose from 934 to 1,102 and employees from 15 to 19.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $958M | 1,102 | 19 | 3 |
| Jun 2025June 2025 | $824M | 1,079 | 19 | 4 |
| Apr 2024April 2024 | $712M | 1,031 | 15 | 4 |
| May 2023May 2023 | $612M | 1,012 | 13 | 4 |
| Feb 2022February 2022 | $684M | 971 | 14 | 3 |
| Jul 2021July 2021 | $580M | 934 | 15 | 3 |
Besides its headquarters, Leonard Rickey Investment Advisors, P.L.L.C. has 2 offices, with 3 listed addresses in 1 state.
Washington · 3 listed addresses
- 3908 Creekside Loop, Suite 100, YakimaHQ
- 295 Bradley BLVD., Richland
- 826 6th Street South, Kirkland
Contact and registration details
- Legal name
- Leonard Rickey Investment Advisors, P.L.L.C.
- Headquarters
- 3908 Creekside Loop, Suite 100, Yakima, WA 98902
- Website
- bestpathforward.com
- Phone
- 509-972-3686
- SEC file
- 801-77834
- Founded
- 1992
- Structure
- Washington other (specify)
- Fiscal year end
- December
Leonard Rickey Investment Advisors, P.L.L.C.’s named custodian for separately managed accounts is Charles Schwab ($912M). Leonard Rickey Investment Advisors, P.L.L.C. has custody of $776M for 1,038 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $912M100%
At year end, Leonard Rickey Investment Advisors, P.L.L.C.’s separately managed accounts were mostly in stocks (55%) and funds (34%). Its reported 13F holdings for the quarter ended 30 June 2026 total $637M across 125 positions; the largest are iShares TR (12.7%), Schwab Strategic TR (7.5%) and Vanguard Index Fds (7.3%).
What the accounts hold
- Stocks55%
- Funds34%
- Bonds2%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash8%
- Other1%
- Variable annuity subaccounts1%
How many clients does Leonard Rickey Investment Advisors, P.L.L.C. have?
Leonard Rickey Investment Advisors, P.L.L.C. has 1,102 clients and manages $958 million for them, as of September 2026. They include 810 individual clients, 268 high-net-worth individuals and 13 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 September 2026
What services does Leonard Rickey Investment Advisors, P.L.L.C. offer?
Leonard Rickey Investment Advisors, P.L.L.C. provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax 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 Leonard Rickey Investment Advisors, P.L.L.C. charge?
Leonard Rickey Investment Advisors, P.L.L.C. charges 0.30%–1.00% a year for its Investment Management Fee. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $1,200 annual minimum.
Which custodians does Leonard Rickey Investment Advisors, P.L.L.C. use?
Leonard Rickey Investment Advisors, P.L.L.C.’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $912M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 September 2026
How many financial advisors does Leonard Rickey Investment Advisors, P.L.L.C. have?
Leonard Rickey Investment Advisors, P.L.L.C. has 9 investment adviser representatives registered with state securities authorities, out of 19 employees, and 9 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 Leonard Rickey Investment Advisors, P.L.L.C. invest in?
At the end of its last fiscal year, Leonard Rickey Investment Advisors, P.L.L.C.’s separately managed accounts held 55% exchange-traded equities, 34% registered funds (mutual funds, ETFs, BDCs), 8% cash and equivalents, 1% U.S. government and agency bonds, 1% state and local bonds and 1% other. The 1% other category is described as: Variable Annuity Subaccounts.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Leonard Rickey Investment Advisors, P.L.L.C.?
Leonard Rickey Investment Advisors, P.L.L.C.’s direct owners are Benjamin Rickey, Joy Stenehjem and Matthew Hargreaves, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 24 September 2026
How does Leonard Rickey Investment Advisors, P.L.L.C. get paid?
Leonard Rickey Investment Advisors, P.L.L.C. 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 Leonard Rickey Investment Advisors, P.L.L.C.?
Leonard Rickey Investment Advisors, P.L.L.C.’s main office is at 3908 Creekside Loop, Suite 100, Yakima, WA 98902. Its phone number is 509-972-3686. Its website is bestpathforward.com.