{"url":"https://nivawealth.com/firms/tradewinds-asset-management-323879","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/323879","regulatoryAum":135065801,"crd":"323879","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5304397","suffix":null,"lastName":"D'URSO","firstName":"CHRISTIAN","middleName":"SAMUEL"},{"crd":"7237397","suffix":"Jr","lastName":"Spangler","firstName":"James","middleName":"Paul"},{"crd":"6533321","suffix":null,"lastName":"TRANK","firstName":"BRANDON","middleName":"ALEXANDER"}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2023-06-29","regulatoryAum":109515139,"clients":253,"employees":5,"offices":3},{"filedOn":"2024-03-20","regulatoryAum":131640422,"clients":261,"employees":5,"offices":2},{"filedOn":"2025-03-24","regulatoryAum":137267206,"clients":265,"employees":4,"offices":2},{"filedOn":"2026-09-16","regulatoryAum":135065801,"clients":261,"employees":4,"offices":2}],"secFileNumber":"801-127142","legalName":"Tradewinds Asset Management, LLC","displayName":"TradeWinds Asset Management","slug":"tradewinds-asset-management-323879","website":"https://tradewindswm.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://linkedin.com/company/tradewinds-wm","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"5550 S Macadam Ave, Ste 110","city":"Portland","state":"OR","stateName":"Oregon","country":"United States","postalCode":"97239"},"tradeNames":[],"registration":{"secApproved":"6 January 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":491229.0346153846,"staff":{"employees":4,"advisory":4,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"regulatory":135065801,"discretionary":135065801,"discretionaryAccounts":261,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":232,"regulatoryAum":79866770},{"label":"High-net-worth individuals","clients":28,"regulatoryAum":47852779},{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":7346252}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010755","versionId":1010755,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-02-20","documentName":"ADV PART 2A","fee_rate_low":0.55,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Stand-alone financial planning","summary":"Fixed fee agreed with each client for stand-alone planning, negotiable and set case by case; no rate is stated. Planning is included at no charge with investment management.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010755","versionId":1010755,"submittedOn":"2026-02-20","documentName":"ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T17:22:23.885384+00:00","documents":[{"name":"ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010755","versionId":1010755,"submittedOn":"2026-02-20"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":127719549}],"custodyNote":"TradeWinds Asset Management has custody of $30.2M in client assets for 76 clients.","otherCustodians":[],"leadership":[{"name":"James Spangler","title":"Chief Operating Officer","crd":"7237397"},{"name":"Constantine Pelos","title":"Chief Compliance Officer","crd":"1074631"},{"name":"Christian D'Urso","title":"Principal","crd":"5304397"}],"ownership":[{"label":"Spangler Holdings LLC","detail":"Owner in the 5% to 10% ownership band and a control person, since September 2026."},{"label":"Meadowstone Holdings, LLC","detail":"Owner in the 75% or more ownership band and a control person, since September 2026."},{"label":"Christian D'Urso","detail":"Indirect owner: a owner of Meadowstone Holdings, LLC in the 75% or more band and a control person, since September 2026.","parent":"Meadowstone Holdings, LLC"},{"label":"James Spangler","detail":"Indirect owner: a owner of Spangler Holdings LLC in the 75% or more band and a control person, since September 2026.","parent":"Spangler Holdings LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Oregon","offices":1,"addresses":[{"street":"5550 S Macadam Ave, Ste 110","city":"Portland","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"503-673-2828","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"251-500","assetMix":[{"label":"Exchange-traded equity securities","percent":40},{"label":"Securities issued by registered investment companies or business development companies","percent":45},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":6},{"label":"Cash and cash equivalents","percent":9}],"privateFunds":1},"sources":{"adv1FilingDate":"16 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/323879/PDF/323879.pdf","brochureDate":"20 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010755","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does TradeWinds Asset Management have?","answer":"TradeWinds Asset Management has 261 clients and manages $135 million for them, as of September 2026. They include 232 individual clients, 28 high-net-worth individuals and 1 pooled investment vehicle.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 16 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does TradeWinds Asset Management offer?","answer":"TradeWinds Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does TradeWinds Asset Management charge?","answer":"TradeWinds Asset Management charges 0.55%–1.50% a year for its Investment Management Services. The fee is billed in advance and is negotiable.","source":"ADV PART 2A, filed 20 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does TradeWinds Asset Management use?","answer":"TradeWinds Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $128M. 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 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does TradeWinds Asset Management have?","answer":"TradeWinds Asset Management has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does TradeWinds Asset Management invest in?","answer":"At the end of its last fiscal year, TradeWinds Asset Management’s separately managed accounts held 45% registered funds (mutual funds, ETFs, BDCs), 40% exchange-traded equities, 9% cash and equivalents and 6% 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns TradeWinds Asset Management?","answer":"TradeWinds Asset Management is owned through holding companies by Christian D'Urso and James Spangler. Its direct owners are Spangler Holdings LLC (5% to 10%) and Meadowstone Holdings, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 16 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does TradeWinds Asset Management get paid?","answer":"TradeWinds Asset Management is paid through a percentage of assets under management 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact TradeWinds Asset Management?","answer":"TradeWinds Asset Management’s main office is at 5550 S Macadam Ave, Ste 110, Portland, OR 97239. Its phone number is 503-673-2828. Its website is tradewindswm.com.","source":"Form ADV Part 1A, Item 1.F, filed 16 September 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}