Saturna Capital Corporation (Bellingham)


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. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. 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.