Pecaut Wealth Management

Pecaut Wealth Management

The firm was founded in 1960 by Russell Pecaut alongside his sons, and it has remained a family-operated registered investment advisor. From offices in Lake Oswego, Oregon, and Sioux City, Iowa, it serves individuals, high-net-worth families, trusts, and corporations across the United States. Pecaut concentrates on financial planning, retirement planning, and discretionary portfolio management. It constructs portfolios designed to navigate market cycles for clients it describes as being more concerned with preserving wealth than taking excessive risk — a posture seen in its case-study clients, which include two-physician households, manufacturing business owners exiting through a sale, and a retiree with estate-tax exposure. Details on total advisory assets, team size, or named co-investors are not publicly disclosed. No adjacent vehicles, philanthropic foundations, or real-asset arms appear in available records. The firm operates under the fiduciary standard, meaning it earns no commissions or product-sales fees, a structure it credits with reducing conflicts. Its structural distinction is the deliberate avoidance of a broker-dealer model. By remaining a pure fiduciary, in place since 1960, the firm chose a path that the industry didn't broadly embrace until decades later, which shapes the client base it attracts and the advice it delivers.