Willamette Financial Advisors, LLC (Lake Oswego)

Name: Willamette Financial Advisors, LLC
Address: 5335 Sw Meadows Road, Lake Oswego, OR, 97035 3189
Telephone: 503-747-0306

Willamette Financial Advisors, LLC is a large advisory firm based in Lake Oswego. It manages $131.3 million of regulatory assets for 572 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Idaho, Illinois, and 3 other states.

Willamette Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Willamette Financial Advisors: assets under management

The assets under management (AUM) of Willamette Financial Advisors, LLC is $131.3 million. The firm's AUM has grown by 27% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $121.32 million in discretionary accounts and $9.97 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $226.77 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $269.55 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 69% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in exchange traded securities form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Willamette Financial 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.

What kind of clients Willamette Financial Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Willamette Financial Advisors is individuals with 535 clients and $87.84 million of assets under management. Among the 11 most similar advisory firms, Willamette Financial Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $127.94 million for 571 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.

Willamette Financial Advisors doesn't advise any private funds.

Careers at Willamette Financial Advisors, LLC

The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 6 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Daunt Dunne	Member and ceo	1 Oct 2014	25% - 50%	3267945
Ronald Allen Barry	Member, cco, and coo	1 Oct 2014	25% - 50%	4775322
Valerie Joy Nelson	Member and cfo	1 Jan 2016	Other	5921737
James Michael Jones	Member and cco	1 Oct 2018	Other	2070022

Based in Lake Oswego

The principal office where Willamette Financial Advisors, LLC performs its advisory services is located at 5335 Sw Meadows Road, Lake Oswego, OR 97035 3189 The mailing address of the firm is 2524 N. Willamette Blvd., Portland, OR 97217. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 503-747-0306 or by fax 503-459-0541. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at willamettefinancialadvisors.com/.