Northwest Administrators Inc

CRD#106544
Investment Advisor Firm

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Overview

Northwest Administrators Inc is a financial advisor company that has its headquarters in Seattle, Washington. The firm manages $461.1 million in assets under management over seven customer accounts, placing it among the bigger firms in the nation by assets under management (AUM). The company has a large group, including 1 financial advisor. Northwest Administrators Inc does not act as a registered broker-dealer, meaning the firm is not able to buy and sell securities for its customers' and own accounts and instead must go through a broker-dealer company to do so. Securities are tradable fiscal investments such as equities, options and bonds.

Northwest Administrators Inc manages all of the company's accounts on a discretionary basis. Discretionary management means that transaction decisions are made by a portfolio manager without requiring client consent. The company supervises roughly $65.9 million in assets for each customer account. An average financial advisor at Northwest Administrators Inc administers about seven client accounts, making it one of the more individualized firms in the country.

Northwest Administrators Inc's central office is at 2323 Eastlake Ave East, Seattle, Washington 98102-3305. Northwest Administrators Inc is legally allowed to serve clients in the state of Washington.

Assets Under Management

$461.1 million

Number of Advisors

1

Disclosures

No

Office Location

2323 Eastlake Ave East
Seattle, WA 98102-3305

Northwest Administrators Inc by the Numbers

Total Assets Under Management

$461.1 million

National Average: $8.6 billion
Total Number of Employees

367

National Average: 64
Total Number of Accounts

7

National Average: 375,227
Average Account Size

$65.9 million

National Average: $23.0 thousand
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Fee Structure

Fees for financial management largely depend on which service is offered. Fee types billed by the firm may include some blend of the following fee structures: asset-based or fixed. The firm does not supply a wrap fee program, in which the company offers a bundle of services for a comprehensive 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 32% of firms

    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.

Unavailable

  • Find one of the 21% of firms that offer this fee type

    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.

  • 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 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

The company provides services to pension plans and other. Out of its seven accounts, Northwest Administrators Inc's biggest client is other. None of its clients are non-U.S. persons.

  • High-Net-Worth Individuals* - 0%
  • Other Individuals - 0%
  • Corporations - 100%
  • 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

Northwest Administrators Inc does not have any disclosures.

Please visit its Form ADV for more details.

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Financial Advisors at Northwest Administrators Inc

Kathryn Humphries
Seattle, WA
Michael Sander
Seattle, WA
Frances Williams
Seattle, WA
Gayle Bushnell
Seattle, WA

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