Northwest Administrators Inc (Seattle)


Northwest Administrators Inc is a large advisory firm based in Seattle. It manages $432.71 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Washington.

Northwest Administrators provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Northwest Administrators: assets under management

The assets under management (AUM) of Northwest Administrators Inc is $432.71 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $432.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $48.08 million each.

Investments

The firm invests in government bonds the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Northwest Administrators Inc for their services and products based on a percentage of assets under management and fixed fees. 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.

What kind of clients Christopher Robert Hughes serves?

The only and largest group of clients of Christopher Robert Hughes is pension and profit sharing plans with 1 clients and $149.69 million of assets under management. Among the 7 most similar advisory firms, Northwest Administrators has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $149.69 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Northwest Administrators doesn't advise any private funds.

Careers at Northwest Administrators Inc

The company employs 332 people that are either part- or full-time employees. No employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Christopher Robert Hughes has been acting as President since 1 Apr 2001. Jr John Clifford Hughes joined the executive team most recently as the Sr Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gayle Bushnell Vice pres/comptroller 1 Jan 1977 Other 2234167
Robert Harold Gies Exec vice president 1 Oct 1979 Other 4341692
Michael Robert Herman Sr vice president 1 Jun 1983 Other 4342928
Jr John Clifford Hughes Director 1 Jan 1984 Other 4342918
Frances House Williams Portfolio manager 1 Mar 1992 Other 2226181
Frances Evans Portfolio manager 1 Mar 1992 Other 2226181
Michael Myron Sander Sr vice president 1 Apr 1992 Other 2237972
Michael Sander Vice president 1 Apr 1992 Other 2237972
Christopher Robert Hughes President 1 Oct 1998 Other 4341682
Karyl Kay Hughes Chairman 1 Jan 1999 75% - 100% 4341666
Scott Freeman Chaney Account executive 1 Jul 1999 Other 1589139
Gayle Retaloma Bushnell Chief compliance officer 1 Jan 2001 Other 2234167
Christopher Robert Hughes Chairman/president 1 Apr 2001 50% - 75% 4341682
Jr John Clifford Hughes Sr vice president 1 Apr 2001 25% - 50% 4342918
Christopher Robert Hughes Chief executive officer 1 Dec 2016 50% - 75% 4341682

Based in Seattle

The principal office where Northwest Administrators Inc performs its advisory services is located at 2323 Eastlake Ave East, Seattle, WA 98102 3305, 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 206-329-4900 or by fax 206-726-3209. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at nwadmin.com.