Leading RIAs in Seattle to Watch in 2025

RIAs are one of the most dynamic and fast growing channels for investment firms to call on when fundraising. The challenge has always been: “what RIAs invest in outside managers and are not investment managers themselves?”

Through our dakota marketplace database of RIAs, we have aimed to solve that problem by curating and vetting each RIA by hand and only showing those RIAs that are true prospects for an investment firm. This saves both the investment sales team member time, but also saves the “other” RIAs that don’t allocate to other managers from getting unnecessary emails and phone calls.

Below are a few RIAs in Seattle that we thought you might like to know. For a more detailed list of RIAs in Seattle, click here to see for free. 

1. Parametric Portfolio Associates LLC

AUM: $574.02B

The organization, Parametric Portfolio Associates LLC, functions as a Registered Investment Advisor (RIA) specializing in Multi Family Office services. Situated at 800 5th Avenue, Suite 2800, Seattle, WA, the firm operates within the Seattle metro area. With a focus on custom portfolio solutions, Parametric manages assets totaling $574.02B, catering to both wealth managers and institutional investors. The firm's expertise is evidenced by its 191 investment professionals and 186 sales and client service professionals, highlighting its extensive reach and capabilities. Parametric Portfolio Associates LLC excels in direct indexing and custom solutions, boasting over 30 years of collaboration with advisors, institutions, and consultants. The firm's strategic approach prioritizes precise market exposures, risk management, tax optimization, and enhanced investment outcomes. Offering a diverse range of investment solutions, including centralized portfolio management, responsible investing, and volatility risk premium strategies, Parametric ensures tailored multi-asset portfolios to meet evolving client needs effectively within the financial landscape of Seattle.

AUM: $14.987B

The organization Brighton Jones functions as a RIA, specializing in Multi Family Office services. Situated at 2030 1st Avenue 3rd Floor, Seattle, WA, Brighton Jones is deeply rooted in the Seattle metro area. Established in 2000, the firm offers a wide array of financial services, including wealth management, tax advisory, and retirement plan advisory, with a strong emphasis on aligning wealth with clients' values and goals. With an impressive AUM of $14.98B, Brighton Jones excels in providing comprehensive financial planning tailored to individual needs. The firm's investment strategy prioritizes diversification across asset classes to manage risk effectively. Additionally, Brighton Jones operates Lenora Capital, a private investment platform offering diverse alternative investments such as private equity, venture capital, real estate, and impact opportunities. This strategic approach aims to deliver above-market returns by leveraging institutional-grade investment opportunities and direct investments, aligning with clients' long-term financial objectives.

AUM: $12.438B

Coldstream Wealth Management, Inc. is an RIA specializing in Multi Family Office services. Situated at 1 100th Avenue Northeast Suite 102, Bellevue, WA, the firm operates within the Seattle metro area. With assets under management totaling $12.44B, Coldstream offers comprehensive financial planning and custom investment portfolios for high net-worth individuals, families, and organizations.

Coldstream's investment approach encompasses stocks, bonds, and alternatives, including a fund of funds strategy. The firm manages a diverse range of client investment activities, focusing on financial planning and dividend growth. Additionally, Coldstream engages in private equity investments and alternative strategies, with a particular emphasis on non-correlated, nichey strategies. Acquiring Arnerich Massena in July 2024, Coldstream has expanded its AUM to over $10B, solidifying its position in the wealth management industry.

4. Freestone Capital Management

AUM: $11.493B

Freestone Capital Management is an RIA managing assets totaling $11.49B. The firm is headquartered at 701 5th Avenue 74th Floor, Seattle, WA, and primarily caters to high net worth clients with portfolios ranging from $5m-$10m. With an allocation split of 65% traditional and 35% alternatives, Freestone runs a super niche real estate fund internally and invests in mobile home parks and golf courses, managed by Concert Golf.

Operating as a Multi Family Office, Freestone has physical offices in Seattle, San Francisco, Santa Barbara, and Anchorage. Their investment strategy incorporates a mix of traditional and alternative assets, with a focus on serving affluent clientele. The firm's unique approach includes managing a diverse range of real estate investments and offering opportunities in the alternative investment space.

5. Cercano Management

AUM: $10.518B

Cercano Management is an RIA specializing in Multi Family Office services. Situated at 1110 112th Avenue NE, Suite 202, Bellevue, WA, the firm operates within the Seattle metro area. Established in early 2022, Cercano Management, formerly known as Vulcan Capital, emerged as a distinct entity from the larger Vulcan Holdings group founded by Microsoft co-founder Paul Allen.

Cercano Management oversees an AUM of $10.52B and offers investment advisory and asset allocation services through separately managed accounts and pooled private investment vehicles. The firm's investment strategies encompass a mix of traditional and alternative asset classes, including private equity, venture capital, commercial real estate, and private credit. Additionally, Cercano Management provides direct strategies in alternatives such as Private Equity, Venture Capital, and Private Credit, along with indirect LP Funds investments across various alternative strategies.

6. Empirical Wealth Management

AUM: $6.701B

Empirical Wealth Management is an RIA specializing in Multi Family Office services. The firm is headquartered at 1420 5th Avenue Suite 3150, Seattle, WA, and caters to clients in the Seattle metro area. Empirical offers expertise in investments, tax planning, financial planning, and estate planning to high net worth individuals, families, non-profit organizations, and company retirement plans.

Empirical Wealth Management oversees an AUM of $6.7B and operates with a commitment to excellence in investment, tax, and financial advisory services. With offices in multiple locations, including Seattle, Bellevue, Spokane, Portland, San Francisco, Los Gatos, and Irvine, the firm provides clients nationwide with proactive strategies and peace of mind in managing and growing their wealth.

7. Evergreen Gavekal

AUM: $5.217B

Evergreen Gavekal is an RIA specializing in Multi Family Office services. Situated at 10500 NE 8th Street, Suite 950, Seattle, WA, the firm operates within the Seattle metro area. It offers personalized financial advice and investment planning services tailored to individuals and businesses. The firm manages an AUM of $5.22B. Evergreen Gavekal's investment strategy focuses on balancing growth, income generation, and risk management across various asset classes. This includes equities in domestic and international markets, fixed income instruments, and real estate holdings. The firm emphasizes a comprehensive approach to constructing portfolios that aim to deliver capital appreciation while mitigating risks through diversification.

AUM: $5.1B

Badgley Phelps Investment Managers is an RIA based in Seattle, WA. The firm specializes in wealth management, offering services such as investment management, financial planning, and family office services to individuals, families, corporations, and foundations. Their tailored approach to financial planning includes a comprehensive range of services, from asset protection to retirement planning, aimed at helping clients achieve their financial goals through customized strategies and proactive management.

Badgley Phelps manages an AUM of $5.1B. Their unique investment management approach involves in-house research and the utilization of individual securities, providing flexibility and customization in portfolios. The firm focuses on a balanced mix of growth, value, international, and small/mid-cap stocks, along with various types of bonds. Additionally, they offer dedicated research, disciplined security selection, and asset allocation strategies for corporations and foundations, ensuring consistency and stability in investment portfolios.

9. Pacific Portfolio Consulting

AUM: $4.787B

Pacific Portfolio Consulting is an RIA based in Seattle, WA, with a total AUM of $4.79B. Led by Chief Investment Officer Jim Ayres, the firm adopts a multi-manager approach across various asset classes, providing clients with a diverse range of investment options. The firm maintains an approved list of managers in each asset class, ensuring multiple offerings for clients, except in mid-cap where a single manager is utilized.

Jim Ayres oversees portfolio aspects and alternative research, supported by a traditional equity analyst. While specific details on alternative investments are not disclosed publicly, Pacific Portfolio Consulting's commitment to offering varied manager selections underscores its dedication to providing clients with a breadth of investment opportunities. The firm's emphasis on diversification and multiple manager choices reflects its client-centric investment strategy.

10. Moss Adams Wealth Advisors

AUM: $4.753B

Moss Adams Wealth Advisors is an RIA specializing in Multi Family Office services. The firm is situated at 999 3rd Avenue Suite 2800, Seattle, WA, within the Seattle metro area. With a holistic approach, Moss Adams assists clients in growing, managing, and safeguarding prosperity through its integrated accounting, consulting, and wealth management divisions.

Moss Adams Wealth Advisors manages assets totaling $4.75B. Their investment strategy includes a core-satellite approach, combining low-cost core investments with specialized satellite strategies tailored to seize opportunities. The firm constructs portfolios using mutual funds, ETFs, SMAs, and private funds, with considerations for real assets to enhance risk diversification.

To see a full list of RIAs in Seattle or other metros, book a demo of dakota marketplace.