Martel Wealth Advisors Inc is a large advisory firm based in Vancouver. It manages $565.33 million of regulatory assets for 2,519 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Idaho, and 4 other states.
Martel Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Martel Wealth Advisors Inc is $565.33 million. The firm's AUM has gone down by -7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Martel Wealth Advisors Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Mark Stephen Martel is high net worth individuals with 189 clients and $295.31 million of assets under management. Among the 9 most similar advisory firms, Martel Wealth Advisors has the 4th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $560.85 million for 899 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.
Martel Wealth Advisors doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 5 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.
Mark Stephen Martel has been acting as President since 1 Nov 1982. Julie Dianne Scott joined the executive team most recently as the Chief Compliance Officer.
The principal office where Martel Wealth Advisors Inc performs its advisory services is located at 2001 Se Columbia River Drive, Vancouver, WA 98661, 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 360-694-9940 or by fax 360-694-9999. The normal business hours are 8-5 m-th, 8-3 f on Monday - Friday. You can find more information about the New York firm at martelwealthadvisors.com.