Uta provides financial planning, portfolio management for individuals and small businesses, and educational seminars.
Uta reports 103 clients. They include 59 individual clients, 43 high-net-worth individuals and 1 corporate or other business client. Of its assets, 85.4% ($183M across 177 accounts) are managed with discretion; $31.4M across 71 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 57% | 13% |
| High-net-worth individuals | 42% | 86% |
| Corporations and other businesses | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 59 | $27.3M | 12.7% | $463K |
| High-net-worth individuals | 43 | $184M | 85.6% | $4.27M |
| Corporations and other businesses | Fewer than 5 | $3.48M | 1.6% | $3.48M |
| Total | 103 | $215M | 100% | — |
- Clients
- 59
- Regulatory AUM
- $27.3M
- AUM share
- 12.7%
- Avg. per client
- $463K
- Clients
- 43
- Regulatory AUM
- $184M
- AUM share
- 85.6%
- Avg. per client
- $4.27M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.48M
- AUM share
- 1.6%
- Avg. per client
- $3.48M
Total
- Clients
- 103
- Regulatory AUM
- $215M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 0
Uta charges 1.00%–2.00% a year for its Portfolio Management. The fee is billed in advance, is negotiable and requires an account of at least $25,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Financial planning is billed at $200 to $500 per hour, or as a fixed fee stated in the planning agreement, generally due on completion.
Asoka Weeraratne owns 75% or more of Uta. It has 2 employees.
Leadership
- Jackie BixbyCCO
- Asoka WeeraratneOwner
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Uta LLC
Asoka Weeraratne
Control person · since July 2021
Uta’s regulatory assets grew Infinity× from $0 (July 2021) to $215M (January 2026); employees fell from 3 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jan 2026January 2026 | $215M | 103 | 2 | 2 |
| Feb 2025February 2025 | $187M | 131 | 2 | 2 |
| Mar 2024March 2024 | $145M | 122 | 2 | 2 |
| Jan 2023January 2023 | $98.1M | 116 | 2 | 2 |
| Feb 2022February 2022 | $121M | 110 | 2 | 1 |
| Jul 2021July 2021 | $0 | 0 | 3 | 1 |
Besides its headquarters, Uta has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
Washington · 1 listed address
- 2800 Main Street, VancouverHQ
Other business names
Uta has reported 1 other business name to the SEC.
- Uptown Advisors
Contact and registration details
- Legal name
- Uta LLC
- Headquarters
- 2800 Main Street, Vancouver, WA 98663
- Website
- Not reported
- Phone
- 360-360-0344
- SEC file
- 801-121768
- Structure
- Washington LLC
- Fiscal year end
- December
Uta’s named custodian for separately managed accounts is Charles Schwab ($215M). Uta does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $215M100%
At year end, Uta’s separately managed accounts were mostly in stocks (81%) and cash (12%).
What the accounts hold
- Stocks81%
- Funds5%
- Bonds2%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash12%
How many clients does Uta have?
Uta has 103 clients and manages $215 million for them, as of January 2026. They include 59 individual clients, 43 high-net-worth individuals and 1 corporate or other business client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 January 2026
What services does Uta offer?
Uta provides financial planning, portfolio management for individuals and small businesses, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Uta charge?
Uta charges 1.00%–2.00% a year for its Portfolio Management. The fee is billed in advance, is negotiable and requires an account of at least $25,000.
Source: ADV2A, filed 12 January 2026
Which custodians does Uta use?
Uta’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $215M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 January 2026
How many financial advisors does Uta have?
Uta has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 Uta invest in?
At the end of its last fiscal year, Uta’s separately managed accounts held 81% exchange-traded equities, 12% cash and equivalents, 5% registered funds (mutual funds, ETFs, BDCs), 1% U.S. government and agency bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Uta have a minimum investment?
Yes, Uta’s minimum account size for its Portfolio Management is $25K.
Source: ADV2A, filed 12 January 2026
Who owns Uta?
Uta’s direct owner is Asoka Weeraratne (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 January 2026
How does Uta get paid?
Uta 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
How do I contact Uta?
Uta’s main office is at 2800 Main Street, Vancouver, WA 98663. Its phone number is 360-360-0344.