Pinnacle Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Pinnacle Wealth Advisors reports 832 clients. They include 736 individual clients, 74 high-net-worth individuals, and 18 pension and profit-sharing plans. Of its assets, 93.4% ($513M across 2,926 accounts) are managed with discretion; $36.2M across 30 accounts are not. Of its clients, 1% are outside the U.S. It advised 5 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 88% | 50% |
| High-net-worth individuals | 9% | 36% |
| Pooled investment vehicles | <1% | 0% |
| Pension and profit-sharing plans | 2% | 13% |
| Charitable organizations | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 736 | $273M | 49.7% | $371K |
| High-net-worth individuals | 74 | $201M | 36.5% | $2.71M |
| Pooled investment vehicles | 1 | $0 | 0.0% | $0 |
| Pension and profit-sharing plans | 18 | $74M | 13.5% | $4.11M |
| Charitable organizations | 3 | $2.02M | 0.4% | $674K |
| Total | 832 | $550M | 100% | $661K |
- Clients
- 736
- Regulatory AUM
- $273M
- AUM share
- 49.7%
- Avg. per client
- $371K
- Clients
- 74
- Regulatory AUM
- $201M
- AUM share
- 36.5%
- Avg. per client
- $2.71M
- Clients
- 1
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- $0
- Clients
- 18
- Regulatory AUM
- $74M
- AUM share
- 13.5%
- Avg. per client
- $4.11M
- Clients
- 3
- Regulatory AUM
- $2.02M
- AUM share
- 0.4%
- Avg. per client
- $674K
Total
- Clients
- 832
- Regulatory AUM
- $550M
- AUM share
- 100%
- Avg. per client
- $661K
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 5
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Pinnacle Wealth Advisors charges 0.85%–1.60% a year for its Full Service Program. The whole portfolio is charged at the rate of its band. The fee is billed in advance. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$100K | 1.60% |
| $100K–$250K | 1.35% |
| $250K–$500K | 1.20% |
| $500K–$1M | 1.15% |
| $1M–$2.5M | 1.00% |
| $2.5M–$4M | 0.95% |
| $4M–$7M | 0.90% |
| $7M and above | 0.85% |
Fee details and sources
Other fees
- New Investor Program
- Portfolio management only for new clients who set up automatic monthly deposits: 0.00% on accounts up to $10,000 and 0.85% on $10,000 to $99,999.
- Stand-Alone Financial Planning and Consulting
- Individual clients typically pay a fixed fee of $3,000 to $5,000; an hourly arrangement may be agreed at up to $495 per hour.
Pinnacle Wealth Holdings, Inc. owns 75% or more of Pinnacle Wealth Advisors and is in turn owned by Aaron Christopherson (50–75%) and Randy Gay (25–50%). The leadership team of Pinnacle Wealth Advisors includes President Aaron Christopherson and Chief Compliance Officer Adam Gladstone. It has 21 employees, 14 of them in advisory roles.
Leadership
Aaron ChristophersonPresident
Randy GayVice President- Adam GladstoneChief Compliance Officer
- Brian TimmPrincipal
Investment adviser representatives
16 representatives listed in the SEC register as of 9 October 2026.
Staff
- 21 employees
- 14 in advisory functions
- 14 state-registered reps
- 5 insurance agents
- Owns 75% or more of Pinnacle Wealth Advisors, LLC
Pinnacle Wealth Holdings, Inc.
since September 2025
- Owns 50% to 75% of Pinnacle Wealth Holdings, Inc.
Aaron Christopherson
Control person · since September 2025
- Owns 25% to 50% of Pinnacle Wealth Holdings, Inc.
Randy Gay
Control person · since September 2025
Brian Timm
Treasurer · Control person · since September 2025
- Owns 10% to 25% of Pinnacle Wealth Advisors, LLC
Ims Holdco Inc.
since October 2025
- Owns 75% or more of Ims Holdco Inc.
Carl Marker
Control person · since September 2025
Christopher Magana
Shareholder, secretary · since September 2025
Pinnacle Wealth Advisors’ regulatory assets grew 3.4× from $161M (March 2021) to $550M (July 2026); clients rose from 301 to 832 and employees from 6 to 21. In 2026, Ims Capital Management ($381M in its last filing) joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $550M | 832 | 21 | 6 |
| April 2025 | $461M | 813 | 14 | 4 |
| April 2024 | $202M | 464 | 7 | 3 |
| August 2023 | $180M | 450 | 5 | 2 |
| March 2022 | $183M | 434 | 4 | 1 |
| March 2021 | $161M | 301 | 6 | 1 |
Firms that joined
20261 joined
- Ims Capital ManagementLast filed AUM $381M
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Pinnacle Wealth Advisors has 5 offices (1 private residence, listed without an address), with 5 listed addresses in Florida, Oregon and Texas.
Oregon · 3 listed addresses
- 9200 Se Sunnybrook Boulevard, Suite 170, ClackamasHQ
- 12703 SW 67th Avenue, Portland
- 300 Se Reed Market RD, Suite 255, Bend
Florida · 1 listed address
- 5999 Central Avenue, St. Petersburg
Texas · 1 listed address
- 2813 S. Hulen Street, Fort Worth
Other business names
Pinnacle Wealth Advisors has reported 1 other business name to the SEC.
- Pinnacle Wealth Advisors
Contact and registration details
- Legal name
- Pinnacle Wealth Advisors, LLC
- Headquarters
- 9200 Se Sunnybrook Boulevard, Suite 170, Clackamas, OR 97015
- Website
- thinkpinnacle.com
- Phone
- 503-654-5100
- SEC file
- 801-116763
- Structure
- Oregon LLC
- Fiscal year end
- December
Pinnacle Wealth Advisors uses SEI Investments Distribution ($177M, 56%) and Charles Schwab ($138M, 44%) as custodians for its separately managed accounts. Pinnacle Wealth Advisors has custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $138M44%
- SEI Investments DistributionSEI Investments Distribution Co. · Oaks, PA · $177M56%
At year end, Pinnacle Wealth Advisors’ separately managed accounts were mostly in funds (54%) and stocks (30%).
What the accounts hold
- Stocks30%
- Exchange-traded equities29%
- Non-exchange-traded equities1%
- Funds54%
- Registered funds35%
- Pooled vehicles19%
- Cash4%
- Other11%
- Fixed index annuities6%
- Derivatives5%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Pinnacle Wealth Advisors have?
Pinnacle Wealth Advisors has 832 clients and manages $550 million for them, as of July 2026. They include 736 individual clients, 74 high-net-worth individuals, and 18 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 July 2026
What services does Pinnacle Wealth Advisors offer?
Pinnacle Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Pinnacle Wealth Advisors charge?
Pinnacle Wealth Advisors charges 0.85%–1.60% a year for its Full Service Program. The whole portfolio is charged at the rate of its band. The fee is billed in advance.
Source: PINNACLE WEALTH ADVISORS, LLC - FORM ADV 2A FIRM BROCHURE, filed 31 March 2026
Which custodians does Pinnacle Wealth Advisors use?
Pinnacle Wealth Advisors’ separately managed account assets are held at SEI Investments Distribution Co. (Oaks, PA), with $177M and Charles Schwab & Co., Inc. (Westlake, TX), with $138M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 July 2026
How many financial advisors does Pinnacle Wealth Advisors have?
Pinnacle Wealth Advisors has 14 investment adviser representatives registered with state securities authorities, out of 21 employees, and 14 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 employees are 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 Pinnacle Wealth Advisors invest in?
At the end of its last fiscal year, Pinnacle Wealth Advisors’ separately managed accounts held 35% registered funds (mutual funds, ETFs, BDCs), 29% exchange-traded equities, 19% pooled vehicles (private funds and similar), 6% other, 5% derivatives, 4% cash and equivalents and 1% non-exchange-traded equities. The 6% other category is described as: Fixed Index Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Pinnacle Wealth Advisors?
Pinnacle Wealth Advisors is owned through holding companies by Aaron Christopherson, Randy Gay and Carl Marker. Its direct owners are Pinnacle Wealth Holdings, Inc. (75% or more) and Ims Holdco Inc. (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 16 July 2026
How does Pinnacle Wealth Advisors get paid?
Pinnacle Wealth 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
Is Pinnacle Wealth Advisors registered with the SEC?
Yes, Pinnacle Wealth Advisors has been registered with the SEC as an investment adviser since 7 June 2019. Its CRD number is 117517 and its SEC file number is 801-116763.
Source: Form ADV Part 1A, Item 1, filed 16 July 2026; IAPD firm record
How do I contact Pinnacle Wealth Advisors?
Pinnacle Wealth Advisors’ main office is at 9200 Se Sunnybrook Boulevard, Suite 170, Clackamas, OR 97015. Its phone number is 503-654-5100. Its website is thinkpinnacle.com.