von Borstel & Associates
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$680,102,461
Clients
499
Advisors
5
across 2 offices
About
The firm provides comprehensive financial planning and discretionary investment management to individuals, high-net-worth clients, trusts, estates, corporations, and broker-dealers’ customers. Services include written or electronic financial plans, ongoing portfolio management through its “Vision to Wealth” process, and investment consulting for brokerage customers who have written agreements.
Investment approach is grounded in Modern Portfolio Theory and an evidence‑ or factor‑based philosophy, with most client portfolios constructed largely or exclusively from Dimensional Fund Advisors (DFA) mutual funds and ETFs. The firm manages accounts on a discretionary basis, uses third‑party tools such as Holistiplan for tax‑efficiency and planning, and may implement strategies that include long‑ and short‑term trades, options, margin, and fee‑based insurance products when appropriate.
Notable differences from many peers include a relatively large asset base managed by a small advisor team and an explicit, ongoing reliance on DFA funds — including required participation in DFA educational programs to maintain access — which the firm acknowledges can limit its fund‑family universes. The brochure also discloses a 2022 FINRA settlement related to prior recordkeeping issues and notes that some representatives are licensed insurance agents who may receive commissions; the firm reports having strengthened compliance and recordkeeping procedures since that event and also reports limited custody arrangements where clients have authorized electronic transfers.
Client services
Expertise
Fee options
$0 - $500,000: 1.15% $500,001 - $1,000,000: 0.97% $1,000,001 - $4,000,000: 0.83% $4,000,001 - $7,000,000: 0.35% $7,000,001+: 0.28%
Insurance commissions from sales of insurance products (life, disability, fixed annuities)
Up to $500 per hour for planning/consultations
Account minimum: $500,000 Minimum fee: Financial Planning fee minimum of $1,000 Fee-only: Financial Planning fee ranges from $1,000 to $25,000 per plan; standard fee $5,000; hourly planning up to $500/hour
Main office
See office308 E 3rd Street
The Dalles OR 97058
Advisors at this office
4
Offices (2)
Most active in
Alaska · Arizona · California · Colorado · Idaho · Oregon · Texas · Washington
Also doing business as
Von Borstel & Associates · Von Borstel & Associates, Inc.
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Anson L
Series 65
The Dalles, OR
von Borstel & Associates
Anson Lilienthal is a financial advisor at von Borstel & Associates with a Series 65 credential and two years of industry experience. He has been with von Borstel & Associates since 2019, with a gap year of unemployment between 2021 and 2022, and prior to that, he was self-employed from 2015 to 2019. von Borstel & Associates provides comprehensive financial planning and discretionary investment management to individuals, trusts, estates, corporations, and broker-dealer clients. The firm employs a client-driven process based on Modern Portfolio Theory to construct diversified portfolios and manages approximately $576 million in assets.
Wayne V
ChFC®, Series 63
The Dalles, OR
von Borstel & Associates
Wayne Von Borstel is a financial advisor at von Borstel & Associates with 40 years of industry experience. He holds the ChFC® and Series 63 designations. His prior experience includes roles at Financial Advocates Investment Management and LPL Financial LLC. Von Borstel & Associates provides comprehensive financial planning and discretionary investment management to individuals, trusts, estates, corporations, and broker-dealer customers, managing approximately $576 million in assets. The firm employs a client-driven investment approach based on Modern Portfolio Theory, constructing diversified portfolios that may include equities, fixed income, ETFs, mutual funds, options, and third-party managers.
Craig S
CFP®, CFA®, ChFC®, Series 66
Portland, OR
von Borstel & Associates
Craig Smith is a CFP®, CFA®, and ChFC® with 18 years of industry experience. He has worked at von Borstel & Associates since 2014, with additional experience at Financial Advocates Investment Management and LPL Financial. Smith is also an independent insurance agent licensed to sell life, disability, annuities, and long-term care insurance. Von Borstel & Associates provides comprehensive financial planning and discretionary investment management to individuals, trusts, estates, corporations, and broker-dealer customers, managing approximately $576 million in assets. The firm uses a client-focused approach based on Modern Portfolio Theory, offering diversified portfolios and a combination of portfolio management strategies including automated programs and fee-based insurance products.
David A
Series 65
The Dalles, OR
von Borstel & Associates
David Anishchenko is a financial advisor with von Borstel & Associates in The Dalles, OR. He holds a Series 65 designation and began his advisory role in 2026. Prior to entering the financial industry, he worked in healthcare roles related to allergy and asthma treatment. Von Borstel & Associates provides comprehensive financial planning and discretionary investment management to individuals, high-net-worth clients, trusts, estates, corporations, and broker-dealers’ customers. The firm follows an investment approach grounded in Modern Portfolio Theory and focuses primarily on Dimensional Fund Advisors (DFA) mutual funds and ETFs.
Sandra A
Series 65, Series 63
The Dalles, OR
von Borstel & Associates
Sandra Aguirre Piza is a financial advisor at von Borstel & Associates with 17 years of industry experience. She holds Series 65 and Series 63 licenses and has previously worked at Financial Advocates Investment Management and LPL Financial. She has been with von Borstel & Associates since 2020. Von Borstel & Associates offers comprehensive financial planning and discretionary investment management services to individuals, high-net-worth clients, trusts, estates, corporations, and broker-dealers’ customers. The firm’s investment approach is based on Modern Portfolio Theory and an evidence- or factor-based philosophy, primarily utilizing Dimensional Fund Advisors mutual funds and ETFs within its portfolios.
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