Rainier Group Investment Advisory LLC is a large advisory firm based in Bellevue. It manages $580.15 million of regulatory assets for 288 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, California, Ohio, and 4 other states.
Rainier Group Investment Advisory provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and private client services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Rainier Group Investment Advisory LLC is $580.15 million. The firm's AUM has grown by 93% since the beginning of its operation, and $22.09 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Rainier Group Investment Advisory 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, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Mark Joseph Pellegrino is high net worth individuals with 125 clients and $450.73 million of assets under management. Among the 11 most similar advisory firms, Rainier Group Investment Advisory has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $580.15 million for 288 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.
Rainier Group Investment Advisory doesn't advise any private funds.
The company employs 15 people that are either part- or full-time employees. 87 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Mark Joseph Pellegrino has been acting as President since 1 Mar 2012. Coldstream Holdings Inc joined the executive team most recently as the Shareholder.
The principal office where Rainier Group Investment Advisory LLC performs its advisory services is located at 1 100 Th Avenue Ne, Suite 102, Bellevue, WA 98004, 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 425-463-3000 or by fax 425-463-3044. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at rginv.com.