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Private Asset Management INC

Private Asset Management INC. CRD 108815

Private Asset Management INC logo

CRD: 108815

Private Asset Management INC

$109.5M Total AUM
$79.6M Disc. AUM
-12.8% 3Y CAGR
4 Employees
60 ADV. Clients
30 yrs Firm Age

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Firm Details

Custodian
Charles Schwab & Company
Clients
Retail
Established Date
07-26-1996
Office Locations
2

Office Locations

3740 Carillon Point Kirkland WA
4040 Lake Washington Blvd NE #305 Kirkland WA

About Private Asset Management INC

Private Asset Management Inc (Kirkland, WA) provides personalized, values-aligned financial planning and portfolio construction for discerning investors, including entrepreneurs. The firm supports estate and legacy planning, business succession, and insurance planning, with an investment approach centered on asset allocation and risk management using ETFs and mutual funds alongside fixed income. Custody includes Charles Schwab.

Reported data analysis

What the numbers show

Between May 5, 2025 and April 30, 2026, reported AUM increased 4.1%, from $105.2M to $109.5M.

Across 5 reported observations, AUM decreased 35.0% between March 8, 2022 and April 30, 2026, from $168.6M to $109.5M.

Of the latest reported AUM, 72.7% is discretionary and 27.3% is non-discretionary.

The firm reports 4 advisory representatives and 60 clients, or 15 clients per representative. That equates to $1.8M in reported AUM per client.

The profile lists 2 reported office locations and 30 years in operation. The source data was last updated on April 30, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

63 AVG AGE
$27.4M AVG AUM / ADVISOR
$1.8M AVG AUM / CLIENT
15.9 yrs AVG TENURE
4 Employees
4 Advisory Reps
2 RIA Reps
30yrs Firm Age

Additional firm insights

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Available data coverage

  • Asset Classes
  • Client Personas
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Services
  • Technology

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Owner & Executives

MICHAEL LAWRENCE THAYER

MICHAEL LAWRENCE THAYER

President, Wealth Management Advisor

CRD
#1203266
Ownership
75% or more

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Contacts

C

CLARISSA CANDELARIO

--

CRD
#2412201

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
03-08-2022
03-22-2023
02-27-2024
05-05-2025
04-30-2026
Category Assets AVG. Account size
Discretionary $79,552,165 $662,935
Non-Discretionary $29,937,167 $525,213
Total $109,489,332 $618,584

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Separately Managed Accounts

SMA allocation detail is available

Private Asset Management INC has reported separately managed account data across 5 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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