Cutler Investment Counsel, Llc
- Regulatory AUM
- $1.5B
- Discretionary
- $1.3B
- Clients
- 1,074
- Avg AUM / client
- $1.4M
- Accounts
- 1,847
- Employees
- 24
AUM over time
Annual snapshots from Form ADV filings · as of Jul 17, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 583 | $195M | 12.6% |
| High net worth individuals | 366 | $788M | 51.1% |
| Investment companies | 1 | $90.5M | 5.87% |
| Pension and profit sharing plans | 86 | $410M | 26.6% |
| Charitable organizations | 12 | $24.1M | 1.57% |
| Corporations and other businesses | 26 | $34.0M | 2.2% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Kids Unlimited Of Oregon 401(k) Plan Kids Unlimited Of Oregon | 2024 | |
| Western Region Retirement Trust 401(k) And Regular Profit Sharing Plan Reed Family Companies | 2024 | |
| Oil Search Alaska, Llc 401(k) Plan Oil Search Alaska, Llc | Anchorage, AK | 2024 |
| Code.Org 403(b) Plan Code.Org | 2024 | |
| People's Bank Of Commerce 401(k) Plan People's Bank Of Commerce | 2024 |
People (21)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Carol Sue Fischer | Director Of Client Relations, Member | Oct 2003 (23y) | 5% – 10% | |
| Erich Mark Patten | President, Member | Oct 2003 (23y) | 25% – 50% | |
| Matthew Cutler Patten | Chief Executive Officer, Member | Oct 2003 (23y) | 25% – 50% | |
| Brooke Cutler Ashland | Chief Compliance Officer | Oct 2004 (22y) | Less than 5% | |
| Brook Austin Anderson | Chief Operating Officer | CFP | Nov 2021 (5y) | Less than 5% |
| Jennifer Ann Leroy | Registered representative | CFP | Aug 2012 (14y) | |
| Tingwei Chiang | Registered representative | CFP | Feb 2018 (8y) | |
| Randy Scott Gardner | Registered representative | Mar 2018 (8y) | ||
| Christine Renae Burkhart | Registered representative | Sep 2019 (7y) | ||
| Susan Leann Niedwick | Registered representative | CFP | Oct 2020 (6y) | |
| Alexander Otto Lund | Registered representative | Feb 2022 (4y) | ||
| Michael Wayne Shamburger | Registered representative | Apr 2022 (4y) | ||
| Madison Raye Raffensperger | Registered representative | Oct 2023 (3y) | ||
| Ryan Lansing Sweet | Registered representative | Jul 2024 (2y) | ||
| Christopher James Heckenkamp | Registered representative | CFP | Jun 2025 (1y) | |
| Ellery Elizabeth Barney | Registered representative | Jun 2025 (1y) | ||
| Dean Anthony Russo | Registered representative | Jul 2025 (1y) | ||
| Nicholas Huy Swanson | Registered representative | Sep 2025 (1y) | ||
| Joseph Jing Ting Lu | Registered representative | CFA | Apr 2026 (0y) | |
| Sierra Nicole Steele | Registered representative | Chartered Financial Consultant | Apr 2026 (0y) | |
| Thomas Jake Caughell | Registered representative | Apr 2026 (0y) |
Undisclosed: 0% – 45% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (5)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Kids Unlimited Of Oregon 401(k) Plan | Kids Unlimited Of Oregon | 97 | $2.8M | 07/01/2024 |
| Western Region Retirement Trust 401(k) And Regular Profit Sharing Plan | Reed Family Companies | 533 | $60.1M | 01/01/2024 |
| Oil Search Alaska, Llc 401(k) Plan | Oil Search Alaska, Llc | 170 | $38.0M | 01/01/2024 |
| Code.Org 403(b) Plan | Code.Org | 128 | $10.9M | 01/01/2024 |
| People's Bank Of Commerce 401(k) Plan | People's Bank Of Commerce | 135 | $9.2M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/17/2026 | 1.11 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: FAILURE TO PROPERLY DISCLOSE CONFLICTS OF INTERESTS AND BROKER-DEALER REGISTRATION VIOLATIONS IN CONNECTION WITH THE RECEIPT OF COMPENSATION FROM PRIVATE REAL ESTATE FUND ALASKA FINANCIAL COMPANY III LLC AND FALSE AND MISLEADING STATEMENTS IN FORM ADV FILINGS. Status: Final Sanction Detail: SHAMBURGER AGREED TO PAY CIVIL PENALTY OF $50,000 AND WEDEL A CIVIL PENALTY OF $25,000. Summary: SHAMBURGER AND WEDEL SHALL MAKE PAYMENTS REQUIRED UNDER THE ORDER WITHIN 14 DAYS OF THE ORDER.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
Custody
Reported custodians
- Charles Schwab & Co. $997M (65% of AUM) Jul 2026
- Empower Financial Services, Inc. $180M (12% of AUM) Jul 2026
- State Street $130M (17% of AUM) Nov 2018
- Advisortrust, Inc. $90.1M (9% of AUM) Nov 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 17, 2026.
View current Form ADV (SEC/IAPD) ↗