Synergy Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, pension consulting, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year. The firm advises 1 private fund.
Synergy Asset Management reports 1,198 clients. They include 944 individual clients, 209 high-net-worth individuals and 40 other investment advisers. Of its assets, 100.0% ($1.3B across 5,353 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 79% | 26% |
| High-net-worth individuals | 17% | 28% |
| Investment companies | <1% | 2% |
| Pooled investment vehicles | <1% | 2% |
| Pension and profit-sharing plans | <1% | <1% |
| Other client typesOther investment advisers | 3% | 42% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 944 | $342M | 26.3% | $362K |
| High-net-worth individuals | 209 | $369M | 28.4% | $1.76M |
| Investment companies | 2 | $21.7M | 1.7% | $10.8M |
| Pooled investment vehicles | 1 | $19.7M | 1.5% | $19.7M |
| Pension and profit-sharing plans | 2 | $5.52M | 0.4% | $2.76M |
| Other investment advisers | 40 | $542M | 41.7% | $13.5M |
| Total | 1,198 | $1.3B | 100% | $1.08M |
- Clients
- 944
- Regulatory AUM
- $342M
- AUM share
- 26.3%
- Avg. per client
- $362K
- Clients
- 209
- Regulatory AUM
- $369M
- AUM share
- 28.4%
- Avg. per client
- $1.76M
- Clients
- 2
- Regulatory AUM
- $21.7M
- AUM share
- 1.7%
- Avg. per client
- $10.8M
- Clients
- 1
- Regulatory AUM
- $19.7M
- AUM share
- 1.5%
- Avg. per client
- $19.7M
- Clients
- 2
- Regulatory AUM
- $5.52M
- AUM share
- 0.4%
- Avg. per client
- $2.76M
- Clients
- 40
- Regulatory AUM
- $542M
- AUM share
- 41.7%
- Avg. per client
- $13.5M
Total
- Clients
- 1,198
- Regulatory AUM
- $1.3B
- AUM share
- 100%
- Avg. per client
- $1.08M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 1–10
Synergy Asset Management charges 0.50%–1.00% a year for its Standard advisory fee schedule. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$3M | 1.00% |
| $3M–$5M | 0.75% |
| $5M and above | 0.50% |
Fee details and sources
Synergy Financial Services, Inc. owns 75% or more of Synergy Asset Management and is in turn owned by Joseph Maas (75% or more). The leadership team of Synergy Asset Management includes President Todd Jessup. It has 14 employees, 10 of them in advisory roles.
Leadership
- Todd JessupPresident; Chief
- Joseph MaasPrincipal
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
- Kellie Field
- Todd Sinclair Jessup
- Joseph Merrell Maas
- Thi Hong Van Nguyen
- Timothy Scott Nyland
- Paul Joseph Phillips JR
- Mary Katherine Robertson
- Francis James Roman
- Kevin John Williams
- Jason Youngworth Zalarick
Staff
- 14 employees
- 10 in advisory functions
- 10 state-registered reps
- 4 insurance agents
- Owns 75% or more of Synergy Asset Management, LLC
Synergy Financial Services, Inc.
Control person · since July 2001
- Owns 75% or more of Synergy Financial Services, Inc.
Joseph Maas
Control person · since July 2001
- Owns 10% to 25% of Synergy Asset Management, LLC
SFM2 LLC
since January 2023
Synergy Asset Management’s regulatory assets grew 2.8× from $468M (March 2021) to $1.3B (March 2026); clients fell from 1,788 to 1,198 and employees rose from 8 to 14.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $1.3B | 1,198 | 14 | 9 |
| Mar 2025March 2025 | $1.05B | 1,148 | 13 | 9 |
| Jul 2024July 2024 | $824M | 1,128 | 13 | 7 |
| Aug 2023August 2023 | $678M | 1,112 | 11 | 4 |
| Mar 2022March 2022 | $489M | 2,157 | 8 | 2 |
| Mar 2021March 2021 | $468M | 1,788 | 8 | 2 |
Besides its headquarters, Synergy Asset Management has 8 offices (7 private residences, listed without an address), with 2 listed addresses across 2 states.
New York · 1 listed address
- 48-35 64th Street, Woodside
Washington · 1 listed address
- 13215 Se Mill Plain BLVD, Suite C8-321, VancouverHQ
Contact and registration details
- Legal name
- Synergy Asset Management, LLC
- Headquarters
- 13215 Se Mill Plain BLVD, Suite C8-321, Vancouver, WA 98684
- Website
- Not reported
- Phone
- 206-386-5455
- @synergy-asset-management-llc
- SEC file
- 801-64132
- Structure
- Washington LLC
- Fiscal year end
- December
Synergy Asset Management’s named custodian for separately managed accounts is Charles Schwab ($1.18B). Synergy Asset Management has custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.18B100%
At year end, Synergy Asset Management’s separately managed accounts were mostly in stocks (78%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.06B across 274 positions; the largest are Microsoft Corp. (6.5%), Nvidia Corporation (6.2%) and Abbvie Inc. (4.3%).
What the accounts hold
- Stocks78%
- Funds7%
- Registered funds5%
- Pooled vehicles2%
- Bonds9%
- Investment grade corporate bonds7%
- U.S. government and agency bonds2%
- Cash6%
Reported 13F holdings
- $1.06B
- Reported 13F value
- 274
- Positions
- 41.0%
- In the 10 largest
- —
- Value vs. prior quarter
- Microsoft Corp.6.5%
- Nvidia Corporation6.2%
- Abbvie Inc.4.3%
- Alphabet Inc. · Cap Stk CL A4.0%
- Amazon Com Inc.3.9%
- Apple Inc.3.7%
- iShares TR · 0-3 Mth Treasury3.6%
- Oruka Therapeutics Inc.3.2%
- Visa Inc. · Com CL A3.0%
- Amphenol Corp. · CL A2.8%
Together, the ten largest are 41.0% of reported value.
How many clients does Synergy Asset Management have?
Synergy Asset Management has 1,198 clients and manages $1.3 billion for them, as of March 2026. They include 944 individual clients, 209 high-net-worth individuals and 40 other investment advisers.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 March 2026
What services does Synergy Asset Management offer?
Synergy Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, 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 Synergy Asset Management charge?
Synergy Asset Management charges 0.50%–1.00% a year for its Standard advisory fee schedule. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable.
Source: ADV PART 2A, filed 17 March 2026
Which custodians does Synergy Asset Management use?
Synergy Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.18B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 March 2026
How many financial advisors does Synergy Asset Management have?
Synergy Asset Management has 10 investment adviser representatives registered with state securities authorities, out of 14 employees, and 10 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 4 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 Synergy Asset Management invest in?
At the end of its last fiscal year, Synergy Asset Management’s separately managed accounts held 78% exchange-traded equities, 7% investment grade corporate bonds, 6% cash and equivalents, 5% registered funds (mutual funds, ETFs, BDCs), 2% U.S. government and agency bonds and 2% pooled vehicles (private funds and similar). It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Synergy Asset Management?
Synergy Asset Management is owned through a holding company by Joseph Maas. Its direct owners are Synergy Financial Services, Inc. (75% or more) and SFM2 LLC (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 17 March 2026
How does Synergy Asset Management get paid?
Synergy Asset 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 Synergy Asset Management?
Synergy Asset Management’s main office is at 13215 Se Mill Plain BLVD, Suite C8-321, Vancouver, WA 98684. Its phone number is 206-386-5455.