Peterson Wealth Management LLC and Bryce Peterson - Consent Order

WA DFI Securities Enforcement

Filed January 21st, 2026

Detected February 27th, 2026

Summary

The Washington State Department of Financial Institutions entered a Consent Order against Peterson Wealth Management LLC and Bryce Peterson for violating the Securities Act by acting as unregistered investment advisers and exceeding de minimis clientele limits. The order includes a $15,000 fine, disgorgement, and investigative costs.

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What changed

The Washington State Department of Financial Institutions Division of Securities has issued a Consent Order (S-25-3947-25-CO01) against Peterson Wealth Management LLC and Bryce Peterson. The order finds that the respondents violated Washington's Securities Act by operating as an investment adviser and/or investment adviser representative without being registered and by exceeding the de minimis clientele limit allowed under state law. The respondents have waived their right to a hearing and judicial review.

This enforcement action imposes a $15,000 fine on both Peterson Wealth Management LLC and Bryce Peterson, requires disgorgement of fees, and mandates payment of $1,500 in investigative costs. A cease and desist order has also been issued. Compliance officers should review their firm's registration status and client thresholds to ensure adherence to state securities laws and avoid similar penalties.

What to do next

Review firm and individual registration status with the Washington State Department of Financial Institutions
Verify compliance with de minimis clientele limits under Washington law
Assess past activities for potential unregistered investment advisory services

Penalties

Fine of $15,000 to PWM & Peterson, disgorgement of fees, $1,500 in investigative costs, and a cease and desist order.

Source document (simplified)

Peterson Wealth Management LLC and Bryce Peterson – Consent Order – S-25-3947-25-CO01

Case summary

On January 21, 2026, the Washington State Department of Financial Institutions Division of Securities entered a Consent Order (S-25-3947-25-CO01) against Peterson Wealth Management LLC and Bryce Peterson.

Order details

Order File: S-25-3947-25-CO01

Laws & Rules: RCW 21.20.040

Penalties/Remedies:

Fine of $15,000 to PWM & Peterson
Disgorgement of fees
Investigative costs: $1,500
Cease and desist

Findings

Respondents exceeded the de minimis clientele allowed under Washington law.
Respondents violated the Securities Act by acting as an investment adviser and/or investment adviser representative while not registered to do so. The Respondents waived their right to a hearing and to judicial review of the matter.