Pacific Asset Management provides portfolio management for individuals and small businesses and retirement plan services.
Pacific Asset Management reports 377 clients. They include 248 individual clients, 122 high-net-worth individuals, and 5 pension and profit-sharing plans. Of its assets, 100.0% ($385M across 377 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 66% | 24% |
| High-net-worth individuals | 32% | 73% |
| Pension and profit-sharing plans | 1% | 3% |
| Corporations and other businesses | <1% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 248 | $91.5M | 23.8% | $369K |
| High-net-worth individuals | 122 | $280M | 72.7% | $2.29M |
| Pension and profit-sharing plans | 5 | $9.62M | 2.5% | $1.92M |
| Corporations and other businesses | Fewer than 5 | $4.01M | 1.0% | $2.01M |
| Total | 377 | $385M | 100% | — |
- Clients
- 248
- Regulatory AUM
- $91.5M
- AUM share
- 23.8%
- Avg. per client
- $369K
- Clients
- 122
- Regulatory AUM
- $280M
- AUM share
- 72.7%
- Avg. per client
- $2.29M
- Clients
- 5
- Regulatory AUM
- $9.62M
- AUM share
- 2.5%
- Avg. per client
- $1.92M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.01M
- AUM share
- 1.0%
- Avg. per client
- $2.01M
Total
- Clients
- 377
- Regulatory AUM
- $385M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Pacific Asset Management charges 0.50%–1.00% a year for its Portfolio Management Fees. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Pension Consulting Services
- Pension consulting is an annual asset-based fee of 1.00% up to $1,000,000, 0.75% up to $2,000,000 and 0.50% above that, generally negotiable and withdrawn or invoiced quarterly.
Brian Cox owns 50% to 75% of Pacific Asset Management. The leadership team of Pacific Asset Management includes Chief Compliance Officer Kristin Schlechten. It has 7 employees, 5 of them in advisory roles.
Staff
- 7 employees
- 5 in advisory functions
- 5 state-registered reps
- Owns 50% to 75% of Pacific Asset Management, LLC
Brian Cox
Control person · since January 2012
- Owns 50% to 75% of Pacific Asset Management, LLC
Joshua Morin
Control person · since January 2015
Pacific Asset Management’s regulatory assets grew 1.9× from $201M (June 2021) to $385M (June 2026); clients fell from 400 to 377 and employees from 8 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jun 2026June 2026 | $385M | 377 | 7 | 2 |
| Mar 2025March 2025 | $279M | 368 | 6 | 2 |
| Feb 2024February 2024 | $255M | 372 | 7 | 2 |
| Mar 2023March 2023 | $236M | 389 | 7 | 2 |
| May 2022May 2022 | $249M | 400 | 7 | 2 |
| Jun 2021June 2021 | $201M | 400 | 8 | 2 |
Besides its headquarters, Pacific Asset Management has 1 office, with 2 listed addresses in 1 state.
Washington · 2 listed addresses
- 4320 Harborview DR, Gig HarborHQ
- 606 W Cota Street, Shelton
Contact and registration details
- Legal name
- Pacific Asset Management, LLC
- Headquarters
- 4320 Harborview DR, Gig Harbor, WA 98332
- Website
- pacificasset.com
- Phone
- 253-649-4600
- SEC file
- 801-60894
- Founded
- 1998
- Structure
- Washington LLC
- Fiscal year end
- December
Pacific Asset Management’s named custodian for separately managed accounts is Charles Schwab ($377M). Pacific Asset Management has custody of $103M for 153 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $377M100%
At year end, Pacific Asset Management’s separately managed accounts were mostly in funds (88%). Its reported 13F holdings for the quarter ended 30 June 2026 total $204M across 76 positions; the largest are Dimensional ETF Trust (18.7%), Dimensional ETF Trust (10.5%) and Dimensional ETF Trust (8.3%).
What the accounts hold
- Stocks6%
- Funds88%
- Bonds4%
- Cash2%
How many clients does Pacific Asset Management have?
Pacific Asset Management has 377 clients and manages $385 million for them, as of June 2026. They include 248 individual clients, 122 high-net-worth individuals, and 5 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 June 2026
What services does Pacific Asset Management offer?
Pacific Asset Management provides portfolio management for individuals and small businesses and retirement plan services.
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 Pacific Asset Management charge?
Pacific Asset Management charges 0.50%–1.00% a year for its Portfolio Management Fees. The fee is billed in advance and is negotiable.
Which custodians does Pacific Asset Management use?
Pacific Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $377M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 June 2026
How many financial advisors does Pacific Asset Management have?
Pacific Asset Management has 5 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 Pacific Asset Management invest in?
At the end of its last fiscal year, Pacific Asset Management’s separately managed accounts held 88% registered funds (mutual funds, ETFs, BDCs), 6% exchange-traded equities, 4% U.S. government and agency bonds and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Pacific Asset Management?
Pacific Asset Management’s direct owners are Brian Cox (50% to 75%) and Joshua Morin (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 11 June 2026
How does Pacific Asset Management get paid?
Pacific Asset Management is paid through a percentage of assets under management. 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 Pacific Asset Management?
Pacific Asset Management’s main office is at 4320 Harborview DR, Gig Harbor, WA 98332. Its phone number is 253-649-4600. Its website is pacificasset.com.