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Hidden Cove Wealth Management

Updated today

Client assets under management

$327,272,896

Clients

273

30% high-net worth

Advisors

7

of 7 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

39

Low

Average account size

$1,198,802

About

Hidden Cove Wealth Management advises individuals (including high-net-worth clients), trusts, and retirement plans, providing discretionary private wealth management, ongoing and one-time financial planning, and retirement plan consulting. The firm manages client assets through custodial accounts and offers services that range from portfolio management to implementation assistance for held-away accounts and plan fiduciary support.

The firm describes a tailored, fiduciary approach that combines ongoing portfolio management with written financial plans and periodic reviews, typically implementing diversified asset-allocation strategies informed by modern portfolio theory and manager selection. Portfolios may be managed directly or through recommended Independent Managers via SMAs and UMAs, and the firm monitors and rebalances accounts on an ongoing basis.

Notable distinctions disclosed in the brochure include an affiliation with an insurance agency and that certain associated persons are licensed to sell insurance and may receive commissions, a potential conflict of interest the firm acknowledges. The firm also requires clients to custody assets at Charles Schwab and/or Fidelity—relationships that provide the firm with technology and research benefits—and offers standalone financial planning engagements that can be materially higher than typical hourly work (up to $25,000), while maintaining a $2,500 minimum annual fee for wealth management rather than a stated account-size minimum.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Wealth management Cash flow / budgeting Debt management College savings (529s, UTMA, etc.)

Fee options

Fixed

Financial planning and consulting services fixed fees ranging from $1,500 to $25,000 depending on complexity

Percentage

$0 - $999,999.99: 0.20% (Maintenance & Holding Accounts and Short Term Liquidity Accounts), 1.15% (Asset Management and Equity/Direct Indexed SMA Accounts), 0.48% (Fixed Income SMA Accounts) $1,000,000 - $2,999,999.99: 0.20% (Maintenance & Holding Accounts and Short Term Liquidity Accounts), 0.95% (Asset Management and Equity/Direct Indexed SMA Accounts), 0.45% (Fixed Income SMA Accounts) $3,000,000 - $5,999,999.99: 0.20% (Maintenance & Holding Accounts and Short Term Liquidity Accounts), 0.80% (Asset Management and Equity/Direct Indexed SMA Accounts), 0.42% (Fixed Income SMA Accounts) $6,000,000 - $9,999,999.99: 0.20% (Maintenance & Holding Accounts and Short Term Liquidity Accounts), 0.65% (Asset Management and Equity/Direct Indexed SMA Accounts), 0.38% (Fixed Income SMA Accounts) $10,000,000+: 0.18% (Maintenance & Holding Accounts and Short Term Liquidity Accounts), 0.50% (Asset Management and Equity/Direct Indexed SMA Accounts), 0.35% (Fixed Income SMA Accounts)

Project-based

Up to $500 per hour for financial planning and consulting services

Other

Minimum fee: Minimum annual fee of $2,500 for private wealth management services, may be waived Fee-only: Financial planning and consulting services offered as fixed fees ($1,500 - $25,000 annually) or hourly fees up to $500/hour

Main office location

Hidden Cove Wealth Management

249 Winslow Way East, Suite 100

Bainbridge Island WA 98110, United States

Number of offices

1

Most active in

Arizona · California · Colorado · Florida · Oregon · Texas · Washington

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Ron E

Series 63, Series 65

Bainbridge Island, WA

Hidden Cove Wealth Management

Ron Elzig is a financial advisor at Hidden Cove Wealth Management with 33 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Morgan Stanley Smith Barney and Citigroup Global Markets Inc. among other firms. He also serves as an insurance agent and acts as an industry expert witness for legal cases. Hidden Cove Wealth Management provides tailored investment advice to individuals, trusts, retirement plans, and business entities. The firm combines discretionary portfolio management with integrated financial planning and consulting, managing diversified portfolios and overseeing independent managers as fiduciaries.

Wealth management Cash flow / budgeting Debt management College savings (529s, UTMA, etc.)
user avatar

Shane D

Series 66

Bainbridge Island, WA

Hidden Cove Wealth Management

Shane Dir is a financial advisor at Hidden Cove Wealth Management with 19 years of industry experience. He holds a Series 66 designation and has worked at several firms, including Triad Advisors, Resources Investment Advisors, and Hornor, Townsend & Kent. Outside of his advisory role, he is the CEO and owner of an insurance agency, One Strategic Capital, where he manages staff and operations. Hidden Cove Wealth Management provides tailored investment advice to individuals, trusts, retirement plans, and business entities. The firm offers discretionary portfolio management combined with integrated financial planning and consulting, utilizing diversified portfolios and Independent Managers to serve several hundred client relationships.

Wealth management Cash flow / budgeting Debt management College savings (529s, UTMA, etc.)
user avatar

Andrew T

Series 66

Bainbridge Island, WA

Hidden Cove Wealth Management

Andrew Turner is a financial advisor with Hidden Cove Wealth Management in Bainbridge Island, WA, holding a Series 66 designation and six years of industry experience. His prior roles include positions at Royal Alliance, Hornor, Townsend, and Kent, LLC, and Penn Mutual Life Insurance Company. Outside of his advisory work, Turner serves as a high school wrestling official with the Pacific Northwest Wrestling Officials Association. Hidden Cove Wealth Management provides tailored investment advice to individuals, trusts, retirement plans, and business entities. The firm combines discretionary portfolio management with integrated financial planning and consulting, managing diversified portfolios that include individual securities, mutual funds, ETFs, REITs, and privately offered investments.

Wealth management Cash flow / budgeting Debt management College savings (529s, UTMA, etc.)
user avatar

Jonathan M

Series 66

Bainbridge Island, WA

Hidden Cove Wealth Management

Jonathan Magee is a financial advisor at Hidden Cove Wealth Management with six years of industry experience. He holds a Series 66 designation and has worked at several firms, including Hornor, Townsend & Kent, LLC, and Penn Mutual Life Insurance Company. Outside of his advisory role, he is also an insurance agent with One Strategic Capital, Inc. Hidden Cove Wealth Management provides tailored investment advice to individuals, trusts, retirement plans, and business entities. The firm combines discretionary portfolio management with integrated financial planning and consulting, managing approximately $335 million in client assets since its founding in 2022.

Wealth management Cash flow / budgeting Debt management College savings (529s, UTMA, etc.)
user avatar

Ashley G

Series 63, Series 66

Bainbridge Island, WA

Hidden Cove Wealth Management

Ashley Goggins is a financial advisor at Hidden Cove Wealth Management with 19 years of industry experience. She holds Series 63 and Series 66 licenses and previously worked at Morgan Stanley Smith Barney for 12 years. Goggins has been with Hidden Cove since 2022 and is also associated with One Strategic Capital, Inc. Hidden Cove Wealth Management provides tailored investment advice to individuals, trusts, retirement plans, and business entities. The firm combines discretionary portfolio management with integrated financial planning and consulting, managing client accounts with diversified portfolios and ongoing monitoring through a team of six advisors.

Wealth management Cash flow / budgeting Debt management College savings (529s, UTMA, etc.)
user avatar

Chad B

Series 65

Bainbridge Island, WA

Hidden Cove Wealth Management

Chad Bearden is a financial advisor at Hidden Cove Wealth Management with four years of industry experience. He holds a Series 65 designation and previously served in the United States Navy for 20 years. In addition to his advisory role, he is an insurance agent with One Strategic Capital, Inc. Hidden Cove Wealth Management provides tailored investment advice and financial planning services to individuals, trusts, retirement plans, and business entities. The firm manages diversified portfolios primarily on a discretionary basis, utilizing a range of investment vehicles and Independent Managers, and serves several hundred client relationships.

Wealth management Cash flow / budgeting Debt management College savings (529s, UTMA, etc.)
user avatar

Jordan B

Series 66

Bainbridge Island, WA

Hidden Cove Wealth Management

Jordan Bingham is a financial advisor at Hidden Cove Wealth Management with eight years of industry experience. He holds a Series 66 designation and has worked at firms including Horner, Townsend & Kent, Inc., Penn Mutual Life Insurance Company, and Edward Jones. In addition to his advisory role, he is also an insurance agent with One Strategic Capital, Inc. Hidden Cove Wealth Management provides tailored investment advice to individuals, trusts, retirement plans, and business entities. The firm combines discretionary portfolio management with integrated financial planning and consulting, managing diversified portfolios that often include independent managers selected and monitored as fiduciaries.

Wealth management Cash flow / budgeting Debt management College savings (529s, UTMA, etc.)
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