Portland Private Wealth Management 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.
Portland Private Wealth Management reports 455 clients. They include 379 individual clients, 60 high-net-worth individuals, and 11 pension and profit-sharing plans. Of its assets, 96.5% ($227M across 906 accounts) are managed with discretion; $8.19M across 10 accounts are not. It advised 3 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 83% | 46% |
| High-net-worth individuals | 13% | 53% |
| Pension and profit-sharing plans | 2% | <1% |
| 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) | 379 | $107M | 45.6% | $283K |
| High-net-worth individuals | 60 | $125M | 53.1% | $2.08M |
| Pension and profit-sharing plans | 11 | $2.25M | 1.0% | $204K |
| Corporations and other businesses | 5 | $705K | 0.3% | $141K |
| Total | 455 | $235M | 100% | $517K |
- Clients
- 379
- Regulatory AUM
- $107M
- AUM share
- 45.6%
- Avg. per client
- $283K
- Clients
- 60
- Regulatory AUM
- $125M
- AUM share
- 53.1%
- Avg. per client
- $2.08M
- Clients
- 11
- Regulatory AUM
- $2.25M
- AUM share
- 1.0%
- Avg. per client
- $204K
- Clients
- 5
- Regulatory AUM
- $705K
- AUM share
- 0.3%
- Avg. per client
- $141K
Total
- Clients
- 455
- Regulatory AUM
- $235M
- AUM share
- 100%
- Avg. per client
- $517K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 3
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Portland Private Wealth Management charges 0.35%–1.00% a year for its Wealth Management Fees. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.00% |
| $500K–$1M | 0.85% |
| $1M–$3M | 0.75% |
| $3M–$5M | 0.65% |
| $5M–$10M | 0.50% |
| $10M and above | 0.35% |
Fee details and sources
Other fees
- Retirement plan consulting
- Retirement plan consulting is charged as a flat fee, at $125 an hour, or on assets under management at the tiered schedule.
- Stand-alone financial planning
- Stand-alone financial planning is billed at $125 per hour, invoiced monthly as work is performed.
Jason McMillen owns 50% to 75% of Portland Private Wealth Management. The leadership team of Portland Private Wealth Management includes President Jacob Becker. It has 5 employees, 3 of them in advisory roles.
Leadership
Jacob BeckerPresident, COO, and Co-CIO (Past Corporate Secretary)
Jason McMillenCorporate Secretary, Co-CIO & CCO (Past President)
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 50% to 75% of Portland Private Wealth Management, Inc.
Jason McMillen
Control person · since February 2007
- Owns 25% to 50% of Portland Private Wealth Management, Inc.
Jacob Becker
Control person · since December 2010
Portland Private Wealth Management’s regulatory assets grew from $189M (February 2021) to $235M (June 2026); clients fell from 486 to 455 and employees from 7 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $235M | 455 | 5 | 3 |
| February 2025 | $222M | 463 | 6 | 3 |
| March 2024 | $200M | 456 | 6 | 3 |
| March 2023 | $228M | 522 | 7 | 3 |
| March 2022 | $247M | 512 | 8 | 3 |
| February 2021 | $189M | 486 | 7 | 3 |
Besides its headquarters, Portland Private Wealth Management has 2 offices, with 3 listed addresses in Oregon.
Oregon · 3 listed addresses
- 1221 NW Everett Street, PortlandHQ
- 44 West Broadway, Suite 212, Eugene
- 532 SW 13th Street, Bend
Other business names
Portland Private Wealth Management has reported 3 other business names to the SEC.
- Portland Private Wealth Management, Inc. Dba Bend Private Wealth Management
- Portland Private Wealth Management, Inc. Dba Eugene Private Wealth Management
- Portland Private Wealth Management, Inc. Dba PPWM
Contact and registration details
- Legal name
- Portland Private Wealth Management, Inc.
- Headquarters
- 1221 NW Everett Street, Portland, OR 97209
- Website
- portlandprivatewm.com
- Phone
- 503-405-9472
- SEC file
- 801-118362
- Structure
- Oregon corporation
- Fiscal year end
- December
Portland Private Wealth Management uses Charles Schwab ($235M) as custodian for its separately managed accounts. Portland Private Wealth Management has custody of $1.33M in client assets for 2 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $235M100%
At year end, Portland Private Wealth Management’s separately managed accounts were mostly in funds (75%) and cash (11%).
What the accounts hold
- Stocks8%
- Funds75%
- Bonds6%
- Cash11%
How many clients does Portland Private Wealth Management have?
Portland Private Wealth Management has 455 clients and manages $235 million for them, as of June 2026. They include 379 individual clients, 60 high-net-worth individuals, and 11 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 June 2026
What services does Portland Private Wealth Management offer?
Portland Private Wealth Management 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
How much does Portland Private Wealth Management charge?
Portland Private Wealth Management charges 0.35%–1.00% a year for its Wealth Management Fees. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Portland Private Wealth Management use?
Portland Private Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $235M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 June 2026
How many financial advisors does Portland Private Wealth Management have?
Portland Private Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 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 Portland Private Wealth Management invest in?
At the end of its last fiscal year, Portland Private Wealth Management’s separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 11% cash and equivalents, 8% exchange-traded equities and 6% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Portland Private Wealth Management?
Portland Private Wealth Management’s direct owners are Jason McMillen (50% to 75%) and Jacob Becker (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 4 June 2026
How does Portland Private Wealth Management get paid?
Portland Private Wealth Management is paid through a percentage of assets under management, hourly charges and performance-based fees. Its Form ADV lists no commissions 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 Portland Private Wealth Management?
Portland Private Wealth Management’s main office is at 1221 NW Everett Street, Portland, OR 97209. Its phone number is 503-405-9472. Its website is portlandprivatewm.com.