Tradewinds Capital Management, LLC (Bellingham)

Name: Tradewinds Capital Management, LLC
Address: 2211 Rimland Drive, Bellingham, WA, 98226
Telephone: 360-715-9000

Tradewinds Capital Management, LLC is a large advisory firm based in Bellingham. It manages $764.28 million of regulatory assets for 4,825 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alaska, Arizona, California, and 8 other states.

Tradewinds Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Tradewinds Capital Management: assets under management

The assets under management (AUM) of Tradewinds Capital Management, LLC is $764.28 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1370% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $764.28 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $158.4 thousand each.

Tradewinds Capital Management has custody of $187.8 million in cash and securities for 433 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 44% of the total AUM. The second-largest asset type is exchange traded securities, which make up 28% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tradewinds Capital Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 Tradewinds Capital Management serves?

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 Tradewinds Capital Management is high net worth individuals with 196 clients and $457.28 million of assets under management. Among the 9 most similar advisory firms, Tradewinds Capital Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $764.28 million for 1,413 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.

Tradewinds Capital Management doesn't advise any private funds.

Careers at Tradewinds Capital Management, LLC

The company employs 11 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. 4 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
Lewis Hays	Managing member/chief compliance officer	1 Dec 2007	75% - 100%	5465952
Bryant James Engebretson	Chief compliance officer	1 Mar 2008	Other	2443248
Llc Tcm Bellingham	Managing member	1 Jan 2012	50% - 75%	45-3981147
Llc Tcm Shoreline	Managing member	1 Sep 2012	50% - 75%	45-3980830

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mark Robert Gardner Anderson	Managing member	1 Dec 2011	75% - 100%	2345544
Bryant James Engebretson	Managing member	1 Jan 2012	75% - 100%	2443248

Based in Bellingham

The principal office where Tradewinds Capital Management, LLC performs its advisory services is located at 2211 Rimland Drive, Bellingham, WA 98226, which is also the mailing address of the firm. An additional office of the firm is in Shoreline, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 360-715-9000 or by fax 360-715-9001. The normal business hours are 8am - 4pm on Monday - Friday. You can find more information about the New York firm at tradewinds-cm.com.