Saturna Capital Corporation (Bellingham)

Name: Saturna Capital Corporation
Address: 1300 N State St., Bellingham, WA, 98225 4730
Telephone: 360-594-9900

Saturna Capital Corporation is a large advisory firm based in Bellingham. It manages $3.96 billion of regulatory assets for 91 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Georgia, and 11 other states.

Saturna Capital Corporation provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Saturna Capital Corporation: assets under management

The assets under management (AUM) of Saturna Capital Corporation is $3.96 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 4488% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.96 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $43.49 million each.

Investments

The firm invests in exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio. Investments in investment and business development companies form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Saturna Capital Corporation for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Monem Abdul Salam serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Monem Abdul Salam is investment companies with 2 clients and $3.81 billion of assets under management. Among the 8 most similar advisory firms, Saturna Capital Corporation has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $3.95 billion for 49 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.

Saturna Capital Corporation also advises several private funds.

Careers at Saturna Capital Corporation

The company employs 65 people that are either part- or full-time employees. 17 percent of the employees work as investment advisers or researchers. 8 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.

Monem Abdul Salam has been acting as President since 1 Jun 2005. Kalen Martin Hanna joined the executive team most recently as the Chief Financial Officer, Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nicholas Ferguson Kaiser	Director, chairman	1 Aug 1989	25% - 50%	865148
Markell Foote Kaiser	Treasurer/director	1 Aug 1989	25% - 50%	1064388
Vern Merrill Clemenson	--	1 Sep 1990	Other	48477
Phelps Shaw Mcilvaine	Vp/director	1 Jan 1994	Other	2432209
Phelps Shaw Mcilvaine	Director, vp	1 Aug 1994	Other	2432209
Ethel Danganan Beltran	Secretary	1 Jan 2000	Other	4133079
Ethel Beltran Bartolome	Secretary	1 Jan 2000	Other	4133079
Jane Kaiser Carten	Director, president, ceo	1 Feb 2001	Other	2929087
Jane Markell Kaiser	Director	1 Feb 2001	Other	2929087
Ethel Beltran Bartolome	Secretary	1 Mar 2001	Other	4133079
Meredith Lynn Ross	Treasurer	1 Jun 2003	Other	1875097
Meredith Lynn Ross	Treasurer	1 Jul 2003	Other	1875097
James David Winship	Chief compliance officer	1 Jun 2004	Other	1440875
James David Winship	Chief compliance officer	1 Jul 2004	Other	1440875
Monem Abdul Salam	Director	1 Jun 2005	Other	2377703
Meredith Lynn Ross	Director	1 Jun 2005	Other	1875097
Christopher Reed Fankhauser	Director, coo	1 Jan 2006	Other	2857015
Meredith Lynn Ross	Cfo	1 Jul 2006	Other	1875097
Robert F Kaiser	Shareholder	1 Nov 2006	Other	4310984
Sarah Kaiser Brand	Shareholder	1 Nov 2006	Other	5311118
Emily Hammond Kaiser	Shareholder	1 Nov 2006	Other	4801166
Robert Frank Kaiser	Shareholder	1 Nov 2006	Other	4310984
James Stephen Gibson	Cfo, director, treasurer	1 Apr 2007	Other	5329086
James David Winship	Chief legal officer	1 Apr 2007	Other	1440875
James S Gibson	Chief financial officer	1 Apr 2007	Other	5329086
Jane Kaiser Carten	Executive vp	1 Jun 2008	Other	2929087
James S Gibson	Director & assistant secretary	1 Jun 2009	Other	5329086
Nicholas Ferguson Kaiser	Chairman & chief investment officer	1 Jul 2009	25% - 50%	865148
Jane Kaiser Carten	President & ceo	1 Jul 2009	Other	2929087
James S Gibson	Assistant secretary	1 Jul 2009	Other	5329086
James David Winship	Senior counsel	1 Jul 2011	Other	1440875
Joanne Langhauser	Chief compliance officer	1 Jul 2011	Other	1777520
Gordon Scott Stroh	Chief legal officer	1 Jul 2011	Other	5113944
James David Winship	Senior legal officer	1 Aug 2011	Other	1440875
Joanne Langhauser	Chief compliance officer	1 Aug 2011	Other	1777520
Gordon Scott Stroh	Chief legal officer	1 Aug 2011	Other	5113944
Jacob Andrew Stewart	Compliance officer	1 Aug 2011	Other	5456089
Craig Paul Churman	Vice president, product development	1 Aug 2011	Other	1882164
Michael Eric Lewis	Cco	1 Sep 2012	Other	6120161
Dennis Murphy	Independent director	1 Apr 2013	Other	6194034
Jacob Andrew Stewart	Aml officer	1 Aug 2014	Other	5456089
Adam Douglas Engst	Assistant secretary	1 Aug 2014	Other	6222208
Craig Paul Churman	Director, vp product development	1 Aug 2014	Other	1882164
Thomas Raymond Phillips	Director, chief legal officer, secretary	1 Jan 2015	Other	6431521
Melissa Marie Smith	Secretary	1 Feb 2017	Other	6177682
Ethel Beltran Bartolome	Secretary	1 Aug 2017	Other	4133079
Nicole Trudeau	Chief legal officer, secretary	1 Feb 2018	Other	6915520
Kalen Martin Hanna	Chief financial officer, treasurer	1 Sep 2018	Other	5710886

Based in Bellingham

The principal office where Saturna Capital Corporation performs its advisory services is located at 1300 N State St., Bellingham, WA 98225 4730, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 360-594-9900 or by fax 360-734-0755. The normal business hours are 6am - 6pm on Monday - Friday. You can find more information about the New York firm at saturna.com.