Barker Wealth Management, LLC

CRD#226768
Investment Advisor Firm

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Overview

Barker Wealth Management, LLC operates as a financial advisor firm that has its headquarters in Camas, Washington. The firm controls $130.0 million in assets over 46 accounts, placing it in the mid-tier of financial advisory firms in the nation by assets under management (AUM). It has a small team, including 1 financial advisor. Barker Wealth Management, LLC is not a registered broker-dealer, meaning the advisor cannot buy and sell securities for its own accounts as well as its customers' and instead has to go through a broker-dealer company to do so. Securities are defined as exchangable fiscal assets such as equities, bonds and options.

Barker Wealth Management, LLC manages most of its accounts in a discretionary manner. Discretionary management is a structure in which buy and sell choices are made by an investment advisor without needing the customer's authorization. The company also administers one non-discretionary accounts with a total of $4.0 million in assets under management. The advisory firm's average account size is $2.8 million. The typical advisor at Barker Wealth Management, LLC administers around 46 client accounts, making it about average in terms of personalization.

Barker Wealth Management, LLC's central office is at 1601 Nw Deerfern St, Camas, Washington 98607. Barker Wealth Management, LLC is legally permitted to provide services to clients throughout a few states, including Oregon and Washington.

Assets Under Management

$130.0 million

Number of Advisors

1

Disclosures

No

Office Location

1601 Nw Deerfern St
Camas, WA 98607

Barker Wealth Management, LLC by the Numbers

Total Assets Under Management

$130.0 million

National Average: $8.6 billion
Total Number of Employees

2

National Average: 64
Total Number of Accounts

46

National Average: 375,227
Average Account Size

$2.8 million

National Average: $23.0 thousand
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Products and Services

Barker Wealth Management, LLC offers a variety of services, including financial planning services, portfolio management for individuals and small businesses and pension consulting services. In the prior fiscal year, the firm provided 1-10 of its accounts with financial planning services. It does not sell products or offer services apart from investment advice to its investment advisory clients.

Core Advisor Services

  • Offered by 31% of firms

    Financial Planning Services

    This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

  • Offered by 46% of firms

    Portfolio Management

    This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

  • Find a firm that offers this service

    Market Timing Services

    This is the practice of attempting to make short-term profits on investments by buying low and selling high.

Other Services

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Fee Structure

A financial advisor's fees depend on the type of services provided. However, fees billed by the company most likely are comprised of the following fee types: asset-based or hourly. Barker Wealth Management, LLC does not supply a wrap fee program, in which the company offers a service bundle for a single fee.

Available

  • Offered by 69% of firms

    Percentage of Assets

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

  • Offered by 21% of firms

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

Unavailable

  • Find one of the 1% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 26% of firms that offer this fee type

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Find one of the 0% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 32% of firms that offer this fee type

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

  • Find one of the 10% of firms that offer this fee type

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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Types of Clients

Barker Wealth Management, LLC works with retail investors and high net worth investors. Out of its 46 accounts, Barker Wealth Management, LLC's largest client type by number of accounts is high net worth investors, but it also serves 26 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 under management or a net worth of at least $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). Just 2% of the company's customers are from outside of the U.S.

  • High-Net-Worth Individuals* - 57.78%
  • Other Individuals - 42.22%
  • Corporations - 0%
  • Charitable Organizations - 0%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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Disclosures

Barker Wealth Management, LLC does not have any disclosures.

Please visit its Form ADV for more details.

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