Columbia River Advisors, LLC is a large advisory firm based in Tacoma. It manages $325.46 million of regulatory assets for 1,053 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alaska, California, Indiana, and 3 other states.
Columbia River Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Columbia River Advisors, LLC is $325.46 million. The firm's AUM has grown by 623% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Columbia River Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Columbia River Advisors is high net worth individuals with 97 clients and $264.07 million of assets under management. Among the 10 most similar advisory firms, Columbia River Advisors has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $325.46 million for 406 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Columbia River Advisors also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $25,000 for each fund.
The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Columbia River Advisors, LLC performs its advisory services is located at 2115 N 30 Th Street, Suite 102, Tacoma, WA 98403, which is also the mailing address of the firm. An additional office of the firm is in Bellevue, WA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (253) 589-1401 or by fax 253-589-1442. The normal business hours are 8:30am - 5pm; 3pm on friday on Monday - Friday. You can find more information about the New York firm at columbiariveradvisors.com.