Tradewinds Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 51–100 clients last fiscal year.
Tradewinds Capital Management reports 2,238 clients. They include 2,028 individual clients, 196 high-net-worth individuals, and 9 corporations and other businesses. Of its assets, 100.0% ($727M across 2,268 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 91% | 33% |
| High-net-worth individuals | 9% | 66% |
| Charitable organizations | <1% | <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) | 2,028 | $242M | 33.2% | $119K |
| High-net-worth individuals | 196 | $483M | 66.4% | $2.46M |
| Charitable organizations | 5 | $1M | 0.1% | $200K |
| Corporations and other businesses | 9 | $1.79M | 0.2% | $199K |
| Total | 2,238 | $727M | 100% | $325K |
- Clients
- 2,028
- Regulatory AUM
- $242M
- AUM share
- 33.2%
- Avg. per client
- $119K
- Clients
- 196
- Regulatory AUM
- $483M
- AUM share
- 66.4%
- Avg. per client
- $2.46M
- Clients
- 5
- Regulatory AUM
- $1M
- AUM share
- 0.1%
- Avg. per client
- $200K
- Clients
- 9
- Regulatory AUM
- $1.79M
- AUM share
- 0.2%
- Avg. per client
- $199K
Total
- Clients
- 2,238
- Regulatory AUM
- $727M
- AUM share
- 100%
- Avg. per client
- $325K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Tradewinds Capital Management charges 0.40%–0.90% for its Standard Fee Schedule. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in arrears. The brochure also prices one other service, listed under fee details.
| Asset band | Rate (period not stated) |
|---|---|
| $0–$250K | 0.90% |
| $250K–$500K | 0.85% |
| $500K–$750K | 0.80% |
| $750K–$1M | 0.75% |
| $1M–$2M | 0.70% |
| $2M–$3M | 0.60% |
| $3M–$5M | 0.50% |
| $5M and above | 0.40% |
Fee details and sources
Other fees
- Financial planning and consulting (stand-alone)
- Stand-alone financial planning and consulting are negotiable, generally $1,000 to $2,000 as a fixed fee or $150 to $225 an hour.
Bryant Engebretson owns 75% or more of Tradewinds Capital Management. The leadership team of Tradewinds Capital Management includes Chief Compliance Officer Donald Pence. It has 10 employees, 7 of them in advisory roles.
Leadership
- Donald PenceChief Compliance Officer
- Bryant EngebretsonManaging Principal
- Kyle JacksonPrincipal
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
Staff
- 10 employees
- 7 in advisory functions
- 8 state-registered reps
- Owns 75% or more of Tradewinds Capital Management, LLC
Bryant Engebretson
Control person · since January 2012
- Owns 10% to 25% of Tradewinds Capital Management, LLC
Kyle Jackson
since February 2023
Tradewinds Capital Management’s regulatory assets fell from $1.01B (July 2021) to $727M (August 2026); clients rose from 1,572 to 2,238 and employees fell from 12 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $727M | 2,238 | 10 | 1 |
| April 2025 | $603M | 1,419 | 10 | 1 |
| May 2024 | $524M | 1,154 | 10 | 1 |
| August 2023 | $515M | 2,655 | 7 | 1 |
| May 2022 | $493M | 2,330 | 6 | 1 |
| July 2021 | $1.01B | 1,572 | 12 | 2 |
Besides its headquarters, Tradewinds Capital Management has 0 offices, with 1 listed address in Washington.
Washington · 1 listed address
- 2211 Rimland Drive, Suite 401, BellinghamHQ
Contact and registration details
- Legal name
- Tradewinds Capital Management, LLC
- Headquarters
- 2211 Rimland Drive, Suite 401, Bellingham, WA 98226
- Website
- tradewinds.com
- Phone
- 360-715-9000
- @tradewinds-capital-management
- SEC file
- 801-68789
- Structure
- Washington LLC
- Fiscal year end
- December
Tradewinds Capital Management uses Charles Schwab ($658M) as custodian for its separately managed accounts. Tradewinds Capital Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $658M100%
At year end, Tradewinds Capital Management’s separately managed accounts were mostly in funds (89%). Its reported 13F holdings for the quarter ended 30 June 2026 total $563M across 715 positions; the largest are iShares Inc. (8.7%), Select Sector SPDR TR (7.5%) and iShares TR (6.9%).
What the accounts hold
- Stocks9%
- Funds89%
- Registered funds88%
- Pooled vehicles1%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash2%
Reported 13F holdings
- $563M
- Reported 13F value
- 715
- Positions
- 61.2%
- In the 10 largest
- +11.7%
- Value vs. prior quarter
- iShares Inc. · MSCI Sth Kor ETF8.7%
- Select Sector SPDR TR · ST Str Energ ETF7.5%
- iShares TR · GL Clean Ene ETF6.9%
- J P Morgan Exchange Traded F · Beta Cda ETF New6.8%
- iShares U S ETF TR · Gsci Cmdty Stgy6.6%
- Abrdn Silver ETF Trust · Physcl Silvr Shs5.6%
- Franklin Templeton ETF TR · FTSE Untd Kgdm4.9%
- Select Sector SPDR TR · ST Str Indl ETF4.9%
- SPDR Index Shs Fds · ST Str Nat ETF4.6%
- SPDR Series Trust · ST Nuve High ETF4.5%
Together, the ten largest are 61.2% of reported value.
How many clients does Tradewinds Capital Management have?
Tradewinds Capital Management has 2,238 clients and manages $727 million for them, as of August 2026. They include 2,028 individual clients, 196 high-net-worth individuals, and 9 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 August 2026
What services does Tradewinds Capital Management offer?
Tradewinds Capital 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 Tradewinds Capital Management charge?
Tradewinds Capital Management charges 0.40%–0.90% for its Standard Fee Schedule. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in arrears.
Source: PART 2A, filed 19 August 2026
Which custodians does Tradewinds Capital Management use?
Tradewinds Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $658M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 August 2026
How many financial advisors does Tradewinds Capital Management have?
Tradewinds Capital Management has 8 investment adviser representatives registered with state securities authorities, out of 10 employees, and 7 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 Tradewinds Capital Management invest in?
At the end of its last fiscal year, Tradewinds Capital Management’s separately managed accounts held 88% registered funds (mutual funds, ETFs, BDCs), 9% exchange-traded equities, 2% cash and equivalents, 1% U.S. government and agency bonds, 1% state and local bonds, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Tradewinds Capital Management?
Tradewinds Capital Management’s direct owners are Bryant Engebretson (75% or more) and Kyle Jackson (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 19 August 2026
How does Tradewinds Capital Management get paid?
Tradewinds Capital Management 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 Tradewinds Capital Management registered with the SEC?
Yes, Tradewinds Capital Management has been registered with the SEC as an investment adviser since 6 February 2008. Its CRD number is 145934 and its SEC file number is 801-68789.
Source: Form ADV Part 1A, Item 1, filed 19 August 2026; IAPD firm record
How do I contact Tradewinds Capital Management?
Tradewinds Capital Management’s main office is at 2211 Rimland Drive, Suite 401, Bellingham, WA 98226. Its phone number is 360-715-9000. Its website is tradewinds.com.