Firewall Capital Management logo

Firewall Capital Management

Updated today

Client assets under management

$63,925,378

Clients

193

21% high-net-worth

Advisors

4

of 4 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

48

Typical

Average account size

$331,220

About

Firewall Capital Management is a small, discretionary investment adviser serving individual and high-net-worth clients, as well as trusts and small businesses, managing roughly $56 million for about 184 clients through a four-advisor team. Services include ongoing portfolio management with financial planning integrated at no separate charge, and the firm offers free standalone financial planning to firefighters and their families regardless of whether they engage investment management.

The firm’s investment approach uses modern portfolio theory and tactical asset allocation, with portfolios that may include individual stocks, bonds, mutual funds, ETFs and real-estate-related investments, and allocations tailored to clients’ goals and risk tolerances. Firewall requires clients to custody assets with a specified qualified custodian and executes discretionary trading on their behalf, a practice the brochure notes can result in directed brokerage rather than selecting brokers on a trade-by-trade basis.

A distinctive feature is that Firewall operates an affiliated licensed insurance agency and has advisory representatives who are licensed insurance agents and may receive commissions on insurance sales, a conflict the firm discloses and says it manages by limiting recommendations to customary products and allowing clients to use other agents. The firm also flags key-man risk due to the principal executive’s substantial outside commitments and describes delegation and supervision arrangements intended to provide continuity.

Client services

Financial planning Portfolio management

Expertise

Wealth management Real estate investing Life insurance needs analysis

Occupation focus

Retired Self-Employed Founder/Business Owner

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Fee options

Percentage

$0 - $50,000: 2.00% annually $50,001 - $250,000: 1.50% annually $250,001 - $500,000: 1.25% annually $500,001 - $1,000,000: 1.15% annually $1,000,001+: 1.00% annually

Commissions

Compensation from insurance product sales based on size (premium amount) and/or type of insurance product.

Main office location

Firewall Capital Management

1110 Stevenson Ave. #207

Enumclaw WA 98022, United States

Number of offices

2

Most active in

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

Justus R

Series 65

Enumclaw, WA

Firewall Capital Management

Justus Rainwater is a financial advisor at Firewall Capital Management in Enumclaw, WA, holding a Series 65 designation with three years of industry experience. He has been with Firewall Capital Management since 2021. Firewall Capital Management is a discretionary investment adviser serving individual and high-net-worth clients, trusts, and small businesses. The firm manages approximately $56 million across about 184 clients with a team of four advisors, offering integrated financial planning and portfolio management based on modern portfolio theory and tactical asset allocation.

Wealth management Real estate investing Life insurance needs analysis Retired Self-Employed Founder/Business Owner
user avatar

Heath R

Series 63, Series 65

Enumclaw, WA

Firewall Capital Management

Heath Rainwater is a financial advisor at Firewall Capital Management with 23 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Firewall since 2006. Outside of his financial advisory role, he serves as a firefighter with the Seattle Fire Department and has been the head pastor at Grace Point Northwest Community Church since 2013, where he also volunteers mentoring and teaching through the Full Gospel Church of Jesus Christ. Firewall Capital Management is a small discretionary investment adviser serving individual and high-net-worth clients, trusts, and small businesses. The firm manages approximately $56 million across about 184 clients, offering integrated financial planning and using a modern portfolio theory and tactical asset allocation approach tailored to clients’ goals and risk tolerances.

Wealth management Real estate investing Life insurance needs analysis Retired Self-Employed Founder/Business Owner
user avatar

Virginia B

CFP®, Series 63, Series 65

Enumclaw, WA

Firewall Capital Management

Virginia Bruce is a CFP® professional with 24 years of industry experience, currently serving as an advisor at Firewall Capital Management since 2011. She holds Series 63 and Series 65 licenses and is based in Enumclaw, WA. Firewall Capital Management is a discretionary investment adviser serving individual and high-net-worth clients, trusts, and small businesses. The firm integrates financial planning with portfolio management and employs modern portfolio theory and tactical asset allocation tailored to client goals and risk tolerances.

Wealth management Real estate investing Life insurance needs analysis Retired Self-Employed Founder/Business Owner
user avatar

King R

Series 65

Enumclaw, WA

Firewall Capital Management

King Rainwater is a financial advisor at Firewall Capital Management with a Series 65 designation and three years of industry experience. Prior to joining Firewall in 2022, his work history includes roles at Convoy and A.C. Moate, among others. Outside of his advisory work, he owns Glass Capture, a business consulting service for entrepreneurs and small businesses based in Enumclaw, WA. Firewall Capital Management is a discretionary investment adviser serving individual and high-net-worth clients, trusts, and small businesses. The firm employs modern portfolio theory and tactical asset allocation, integrating financial planning at no separate charge and providing specialized services to firefighters and their families.

Wealth management Real estate investing Life insurance needs analysis Retired Self-Employed Founder/Business Owner
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