Vision Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, publishing newsletters, and educational seminars.
Vision Capital Management reports 1,800 clients. They include 1,119 high-net-worth individuals, 636 individual clients and 19 charitable organizations. Of its assets, 100.0% ($1.23B across 1,800 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 35% | 9% |
| High-net-worth individuals | 62% | 80% |
| Pension and profit-sharing plans | <1% | 3% |
| Charitable organizations | 1% | 2% |
| Corporations and other businesses | <1% | 6% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 636 | $110M | 8.9% | $173K |
| High-net-worth individuals | 1,119 | $987M | 80.3% | $882K |
| Pension and profit-sharing plans | 9 | $31.6M | 2.6% | $3.51M |
| Charitable organizations | 19 | $26.7M | 2.2% | $1.4M |
| Corporations and other businesses | 17 | $73.6M | 6.0% | $4.33M |
| Total | 1,800 | $1.23B | 100% | $683K |
- Clients
- 636
- Regulatory AUM
- $110M
- AUM share
- 8.9%
- Avg. per client
- $173K
- Clients
- 1,119
- Regulatory AUM
- $987M
- AUM share
- 80.3%
- Avg. per client
- $882K
- Clients
- 9
- Regulatory AUM
- $31.6M
- AUM share
- 2.6%
- Avg. per client
- $3.51M
- Clients
- 19
- Regulatory AUM
- $26.7M
- AUM share
- 2.2%
- Avg. per client
- $1.4M
- Clients
- 17
- Regulatory AUM
- $73.6M
- AUM share
- 6.0%
- Avg. per client
- $4.33M
Total
- Clients
- 1,800
- Regulatory AUM
- $1.23B
- AUM share
- 100%
- Avg. per client
- $683K
- 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
Vision Capital Management charges 0.50%–1.00% a year for its Equity and balanced separately managed portfolios. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $5,000 annual minimum.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$5M | 0.75% |
| $5M–$10M | 0.60% |
| $10M and above | 0.50% |
Fee details and sources
Suzanne McGrath owns 25% to 50% of Vision Capital Management. The leadership team of Vision Capital Management includes Chief Compliance Officer Stacy Sizemore. It has 13 employees, 8 of them in advisory roles.
Leadership
- Stacy SizemoreChief Compliance Officer
- Marina JohnsonManaging Director/Principal/Shareholder
- John LaBarcaDirector of Investments
- Suzanne McGrathFounder
- Sarah QuistManaging Director/Principal/Shareholder
- Clifford YountDirector of Compliance and Operations/Shareholder
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
- Katelyn Ann Cummings
- Gina Cornelia Jacobson
- Marina Lynne Johnson
- John Anthony LaBarca
- Maria Lan Malloy
- Sarah Wesley Quist
- Jeffrey Lamar Schmidt
- Matthew William Sheets
- Christopher Joseph Sizemore
Staff
- 13 employees
- 8 in advisory functions
- 8 state-registered reps
- 1 soliciting firm
- Owns 25% to 50% of Vision Capital Management, Inc.
Suzanne McGrath
Control person · since July 1999
- Owns 25% to 50% of Vision Capital Management, Inc.
Marina Johnson
Control person · since July 1999
- Owns 10% to 25% of Vision Capital Management, Inc.
Sarah Quist
Control person · since December 2014
- Owns 5% to 10% of Vision Capital Management, Inc.
Clifford Yount
Control person · since September 2011
- Owns 5% to 10% of Vision Capital Management, Inc.
John LaBarca
Control person · since December 2019
Vision Capital Management’s regulatory assets grew from $864M (March 2021) to $1.23B (August 2026); clients rose from 500 to 1,800 and employees fell from 14 to 13.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $1.23B | 1,800 | 13 | 1 |
| February 2025 | $1.07B | 1,743 | 16 | 1 |
| March 2024 | $1.02B | 1,611 | 14 | 1 |
| March 2023 | $860M | 592 | 14 | 1 |
| July 2022 | $1.02B | 549 | 14 | 1 |
| March 2021 | $864M | 500 | 14 | 1 |
Besides its headquarters, Vision Capital Management has 0 offices, with 1 listed address in Oregon.
Oregon · 1 listed address
- 4380 S Macadam Avenue, Suite 350, PortlandHQ
Contact and registration details
- Legal name
- Vision Capital Management, Inc.
- Headquarters
- 4380 S Macadam Avenue, Suite 350, Portland, OR 97239
- Website
- vcmi.net
- Phone
- 503-221-5656
- @vision-capital-management-inc.
- SEC file
- 801-56669
- Structure
- Oregon corporation
- Fiscal year end
- December
Vision Capital Management uses Charles Schwab ($857M, 70%) and Fidelity ($372M, 30%) as custodians for its separately managed accounts. Vision Capital Management has custody of $464M in client assets for 496 clients.
- FidelityNational Financial Services LLC · Boston, MA · $372M30%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $857M70%
At year end, Vision Capital Management’s separately managed accounts were mostly in stocks (64%) and bonds (31%). Its reported 13F holdings for the quarter ended 30 June 2026 total $876M across 156 positions; the largest are iShares TR (9.7%), Vanguard Tax-managed Fds (9.2%) and Apple Inc. (7.4%).
What the accounts hold
- Stocks64%
- Bonds31%
- U.S. government and agency bonds17%
- Investment grade corporate bonds11%
- State and local bonds3%
- Cash2%
- Other3%
- Gold / precious metals3%
Reported 13F holdings
- $876M
- Reported 13F value
- 156
- Positions
- 52.8%
- In the 10 largest
- +10.6%
- Value vs. prior quarter
- iShares TR · Core S&P500 ETF9.7%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt9.2%
- Apple Inc.7.4%
- iShares TR · Core S&P Scp ETF5.8%
- Alphabet Inc. · Cap Stk CL A4.8%
- Vanguard Intl Equity Index F · FTSE Emr Mkt ETF4.4%
- Vanguard Index Fds · Sml CP Grw ETF3.5%
- Microsoft Corp.2.7%
- Amazon Com Inc.2.7%
- iShares Gold TR · iShares New2.7%
Together, the ten largest are 52.8% of reported value.
How many clients does Vision Capital Management have?
Vision Capital Management has 1,800 clients and manages $1.23 billion for them, as of August 2026. They include 1,119 high-net-worth individuals, 636 individual clients and 19 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 August 2026
What services does Vision Capital Management offer?
Vision Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Vision Capital Management charge?
Vision Capital Management charges 0.50%–1.00% a year for its Equity and balanced separately managed portfolios. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $5,000 annual minimum.
Source: VISION CAPITAL MANAGEMENT ADV PART 2A BROCHURE, filed 25 March 2026
Which custodians does Vision Capital Management use?
Vision Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $857M and National Financial Services LLC (Boston, MA), with $372M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 August 2026
How many financial advisors does Vision Capital Management have?
Vision Capital Management has 8 investment adviser representatives registered with state securities authorities, out of 13 employees, and 8 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 Vision Capital Management invest in?
At the end of its last fiscal year, Vision Capital Management’s separately managed accounts held 64% exchange-traded equities, 17% U.S. government and agency bonds, 11% investment grade corporate bonds, 3% state and local bonds, 3% other and 2% cash and equivalents. The 3% other category is described as: Gold / Precious Metals.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Vision Capital Management?
Vision Capital Management’s direct owners are Suzanne McGrath, Marina Johnson, Clifford Yount, Sarah Quist and John LaBarca, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 26 August 2026
How does Vision Capital Management get paid?
Vision Capital Management is paid through a percentage of assets under management. 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 Vision Capital Management registered with the SEC?
Yes, Vision Capital Management has been registered with the SEC as an investment adviser since 9 July 1999. Its CRD number is 107793 and its SEC file number is 801-56669.
Source: Form ADV Part 1A, Item 1, filed 26 August 2026; IAPD firm record
How do I contact Vision Capital Management?
Vision Capital Management’s main office is at 4380 S Macadam Avenue, Suite 350, Portland, OR 97239. Its phone number is 503-221-5656. Its website is vcmi.net.