Filament, LLC is a large advisory firm based in Seattle. It manages $1.74 billion of regulatory assets for 503 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, New York, Utah, and Washington.
Filament provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. 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 Filament, LLC is $1.74 billion. The firm's AUM has grown by 446% since the beginning of its operation, and $17.78 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Filament, 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 only and largest group of clients of Filament is high net worth individuals with 82 clients and $1.72 billion of assets under management. Among the 9 most similar advisory firms, Filament has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.72 billion for 82 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Filament doesn't advise any private funds.
The company employs 14 people that are either part- or full-time employees. 79 percent of the employees work as investment advisers or researchers. 11 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 Filament, LLC performs its advisory services is located at 701 Pike Street, Seattle, WA 98101, 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 206-436-2300 or by fax 206-436-2301. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at filamentadvisors.com.