Martel Wealth Advisors LLC

Registered adviser

CIK

2039437

Location

VANCOUVER, WA

Portfolio Value

Small $586,564,347

Diversification

Moderately concentrated

Filing Date

Global Rank

#3,384 / 8,811 ▲ 216 · as of Jun 2026

Top Industry

Internet Retail 38.1%

Period ended 21 days ago

Filed Oct 14, 2026 · 7d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 296896

Roster of Oct 1, 2026

Regulatory AUM

$1,459,415,057

Main clients

Individuals and high net worth (84% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Feb 2026 to Oct 2026	$1,459,415,057	Individuals and high net worth (84%)
Mar 2025 to Jan 2026	$1,245,269,037	Individuals and high net worth (82%)
Mar 2024 to Feb 2025	$1,079,411,522	Individuals and high net worth (83%)
May 2023 to Feb 2024	$897,153,049	Individuals and high net worth (83%)
Apr 2023	$897,153,049	Individuals and high net worth (83%)
Apr 2022 to Mar 2023	$1,010,972,511	Individuals and high net worth (82%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 94.9% of the book (60%+)

Turnover

Low turnover

5.2% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.2 quarters (12+), a floor since 72.5% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 92.6%; sector active share 86.5% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

58 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

26.5%

+0.9 pts

Top 5

87.8%

+1.3 pts

Top 10

95.9%

+1.1 pts

HHI

1,834

Moderately concentrated+64

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	96.3%	$564,757,261	36
Consumer Cyclical	1.7%	$10,245,803	3
Technology	0.6%	$3,534,221	5
Consumer Defensive	0.5%	$3,056,400	3
Healthcare	0.2%	$1,250,814	4
Energy	0.2%	$1,065,113	3
Financial Services	0.2%	$1,059,155	2
Basic Materials	0.1%	$823,740	1
Industrials	0.1%	$771,840	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

13 positions

Ticker	Company	Δ Shares	Shares	Value
VCRB	VANGUARD CORE BOND ETF	+94,625	1,767,239	$130,104,135
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	+60,670	1,057,128	$80,764,579
VUG	VANGUARD GROWTH INDEX FUND	+24,440	1,476,850	$133,078,953
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	+11,850	759,398	$117,858,569
SPHY	State Street(R) SPDR(R) Portfolio High Yield Bond ETF	+2,060	99,535	$2,248,495
MUB	iShares National Muni Bond ETF	+1,944	106,576	$0
EMLC	VanEck J.P. Morgan EM Local Currency Bond ETF	+881	88,477	$2,196,883
HYLB	Xtrackers USD High Yield Corporate Bond ETF	+477	73,406	$2,585,359
EMB	iShares J.P. Morgan USD Emerging Markets Bond ETF	+330	23,702	$0
VEU	Vanguard International Equity Index Funds	+20	8,415	$698,192
MGV	VANGUARD MEGA CAP VALUE INDEX FUND	+17	3,884	$625,673
SCHX	Schwab U.S. Large-Cap ETF	+15	19,439	$583,170
JNJ	Johnson & Johnson	+1	2,024	$535,833
No positions match the current search.

Trimmed

Positions the filer reduced

22 positions

Ticker	Company	Δ Shares	Shares	Value
SCHV	Schwab U.S. Large-Cap Value ETF	−33,765	434,231	$14,464,234
SCHG	Schwab U.S. Large-Cap Growth ETF	−17,337	430,698	$15,474,979
VEA	Vanguard FTSE Developed Markets ETF	−10,563	152,127	$10,741,687
ADM	Archer-Daniels-Midland Co	−8,632	30,884	$2,451,571
IEFA	iShares Core MSCI EAFE ETF	−7,375	247,396	$0
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	−3,943	104,375	$6,190,481
IEMG	iShares Trust	−3,264	124,417	$0
PG	PROCTER & GAMBLE Co	−3,223	1,495	$217,193
CVX	Chevron Corp	−2,043	1,537	$313,870
VB	Vanguard Index Funds	−1,562	16,630	$4,731,068
NVDA	Nvidia Corp	−1,323	3,017	$689,022
BNDX	Vanguard Total International Bond ETF	−1,009	80,474	$3,771,816
VTV	VANGUARD VALUE INDEX FUND	−1,006	32,386	$6,997,966
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	−943	17,163	$3,965,167
VIG	Vanguard Specialized Funds	−936	73,804	$17,219,211
VOO	VANGUARD 500 INDEX FUND	−889	2,029	$1,422,044
RSP	Victory Portfolios II	−456	17,896	$0
VBK	VANGUARD SMALL-CAP GROWTH INDEX FUND	−400	12,027	$4,063,081
MSFT	Microsoft Corp	−314	1,932	$990,922
AVGO	Broadcom Inc.	−310	1,960	$688,332
AMZN	Amazon Com Inc	−160	33,354	$8,310,149
VNQ	VANGUARD REAL ESTATE INDEX FUND	−71	11,018	$987,543
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
MU	Micron Technology Inc	404	$430,304
QQQ	Invesco Qqq Trust, Series 1	520	$384,680
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	3,740	$230,010
SMH	VanEck Semiconductor ETF	362	$220,458
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
LOW	Lowes Companies Inc	1,350	$297,661
WMT	Walmart Inc.	2,400	$271,824
ZTS	Zoetis Inc.	3,512	$252,372
ESGV	VANGUARD ESG U.S. STOCK ETF	1,814	$239,883
EW	Edwards Lifesciences Corp	2,400	$217,104
SBUX	Starbucks Corp	2,011	$205,504
COST	Costco Wholesale Corp /New	217	$202,996
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

58 tracked positions · $586,564,347 total · filing declares 58 positions · $637,627,129 · as of Sep 30, 2026

All sectors Basic Materials Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 58 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VUG	VANGUARD GROWTH INDEX FUND	Added	1,476,850	+24,440	$133,078,953	+6.4%	22.69%
VCRB	VANGUARD CORE BOND ETF	Added	1,767,239	+94,625	$130,104,135	+0.7%	22.18%
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	Added	759,398	+11,850	$117,858,569	−0.2%	20.09%
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	Added	1,057,128	+60,670	$80,764,579	+4.0%	13.77%
VIG	Vanguard Specialized Funds	Reduced	73,804	-936	$17,219,211	−2.6%	2.94%
SCHG	Schwab U.S. Large-Cap Growth ETF	Reduced	430,698	-17,337	$15,474,979	+2.1%	2.64%
SCHV	Schwab U.S. Large-Cap Value ETF	Reduced	434,231	-33,765	$14,464,234	−11.2%	2.47%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	152,127	-10,563	$10,741,687	−7.3%	1.83%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	33,354	-160	$8,310,149	+4.0%	1.42%
VTV	VANGUARD VALUE INDEX FUND	Reduced	32,386	-1,006	$6,997,966	−3.8%	1.19%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	104,375	-3,943	$6,190,481	−4.3%	1.06%
VB	Vanguard Index Funds	Reduced	16,630	-1,562	$4,731,068	−14.2%	0.81%
VBK	VANGUARD SMALL-CAP GROWTH INDEX FUND	Reduced	12,027	-400	$4,063,081	−10.6%	0.69%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Reduced	17,163	-943	$3,965,167	−9.9%	0.68%
BNDX	Vanguard Total International Bond ETF	Reduced	80,474	-1,009	$3,771,816	−4.4%	0.64%
HYLB	Xtrackers USD High Yield Corporate Bond ETF	Added	73,406	+477	$2,585,359	−2.9%	0.44%
ADM	Archer-Daniels-Midland Co Consumer Defensive	Reduced	30,884	-8,632	$2,451,571	−18.8%	0.42%
SPHY	State Street(R) SPDR(R) Portfolio High Yield Bond ETF	Added	99,535	+2,060	$2,248,495	−1.6%	0.38%
EMLC	VanEck J.P. Morgan EM Local Currency Bond ETF	Added	88,477	+881	$2,196,883	−1.9%	0.37%
TSLA	Tesla, Inc. Consumer Cyclical	Held	4,848	0	$1,720,118	−15.6%	0.29%
VOO	VANGUARD 500 INDEX FUND	Reduced	2,029	-889	$1,422,044	−29.0%	0.24%
SPY	Spdr S&P 500 ETF Trust	Held	1,375	0	$1,048,616	+2.1%	0.18%
MSFT	Microsoft Corp Technology	Reduced	1,932	-314	$990,922	+18.3%	0.17%
VNQ	VANGUARD REAL ESTATE INDEX FUND	Reduced	11,018	-71	$987,543	−7.6%	0.17%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Held	2,352	0	$880,212	+1.1%	0.15%
ECL	Ecolab Inc. Basic Materials	Held	3,000	0	$823,740	−1.4%	0.14%
ITW	Illinois Tool Works Inc Industrials	Held	3,000	0	$771,840	−4.9%	0.13%
BRK-A	Berkshire Hathaway Inc Financial Services	Held	1	0	$747,005	−0.2%	0.13%
AAPL	Apple Inc. Technology	Held	2,209	0	$735,641	+15.1%	0.13%
VSGX	VANGUARD ESG INTERNATIONAL STOCK ETF	Held	8,981	0	$728,089	−1.5%	0.12%
VEU	Vanguard International Equity Index Funds	Added	8,415	+20	$698,192	−0.7%	0.12%
NVDA	Nvidia Corp Technology	Reduced	3,017	-1,323	$689,022	−20.7%	0.12%
AVGO	Broadcom Inc. Technology	Reduced	1,960	-310	$688,332	−19.7%	0.12%
MGV	VANGUARD MEGA CAP VALUE INDEX FUND	Added	3,884	+17	$625,673	−1.0%	0.11%
SCHX	Schwab U.S. Large-Cap ETF	Added	19,439	+15	$583,170	+2.0%	0.10%
JNJ	Johnson & Johnson Healthcare	Added	2,024	+1	$535,833	+4.3%	0.09%
VLO	Valero Energy Corp/Tx Energy	Held	1,273	0	$493,427	+48.8%	0.08%
MU	Micron Technology Inc Technology	NEW	404	NEW	$430,304	NEW	0.07%
PEP	Pepsico Inc Consumer Defensive	Held	3,059	0	$387,636	−6.4%	0.07%
QQQ	Invesco Qqq Trust, Series 1	NEW	520	NEW	$384,680	NEW	0.07%
CVX	Chevron Corp Energy	Reduced	1,537	-2,043	$313,870	−47.1%	0.05%
TROW	Price T Rowe Group Inc Financial Services	Held	3,000	0	$312,150	−8.5%	0.05%
VOT	VANGUARD MID-CAP GROWTH INDEX FUND	Held	975	0	$284,797	−4.6%	0.05%
EPD	Enterprise Products Partners L.P. Energy	Held	7,240	0	$257,816	−3.1%	0.04%
ABBV	AbbVie Inc. Healthcare	Held	967	0	$252,957	+4.0%	0.04%
UNH	Unitedhealth Group Inc Healthcare	Held	639	0	$234,564	−11.7%	0.04%
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	NEW	3,740	NEW	$230,010	NEW	0.04%
NVO	Novo Nordisk A S Healthcare	Held	6,000	0	$227,460	−20.9%	0.04%
SMH	VanEck Semiconductor ETF	NEW	362	NEW	$220,458	NEW	0.04%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	1,495	-3,223	$217,193	−68.6%	0.04%

Showing the top 50 of 58 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.