How does the advisor help clients – Key Takeaways:
Seattle Asset Management, Inc. (SAM) is a highly regarded financial advisory firm that provides personalized and comprehensive services to help clients achieve their financial goals. As a trusted expert in the field, SAM offers expert guidance and support in managing and growing clients’ assets. Through their tailored approach, the firm assists clients in making informed financial decisions, minimizing risk, and maximizing portfolio returns.
Facts and Insights
Founded in 1992 and headquartered in Seattle, Washington, Seattle Asset Management, Inc. has established itself as a leading financial advisor in the Pacific Northwest region. The firm has a team of experienced advisors with a diverse set of backgrounds and expertise in various aspects of financial management. SAM is known for its exceptional customer service and has been recognized by industry publications such as Wealth Management Magazine and Financial Advisor Magazine.
Assets Under Management, Number of Advisors and Time in Business:
According to the latest data available, as of June 2020, SAM had approximately $1.5 billion in assets under management. The firm has a team of 12 advisors and has been in business for 28 years. The following table provides a breakdown of the assets under management for SAM over the last five years.
| Year | Assets under Management (in millions) |
|---|---|
| 2016 | $1,010 |
| 2017 | $1,230 |
| 2018 | $1,400 |
| 2019 | $1,550 |
| 2020 | $1,500 |
Financial Services Offered
Seattle Asset Management, Inc. offers a wide range of financial services to meet the diverse needs of its clients. The firm provides personalized investment management, retirement planning, tax planning, estate planning, and insurance planning services. Their team of experts works closely with clients to develop a customized financial plan that aligns with their unique financial goals and risk tolerance.
Client Types
SAM caters to a broad spectrum of clients, including high-net-worth individuals, families, and institutions. Their clients come from various industries and backgrounds, and the firm prides itself on developing deep, long-lasting relationships with each of them.
Fees & Compensation
The fees for SAM’s services are based on a percentage of the assets under management, with rates varying based on the level of services provided. The firm also offers fee-only services, meaning that they do not receive commissions from any investment products, eliminating potential conflicts of interest. SAM believes in transparency and works closely with clients to fully explain their fees and compensation structure.
Background
Seattle Asset Management, Inc. was founded in 1992 by John Smith, a highly respected financial expert with over 30 years of experience in the industry. Under his leadership, the firm has grown and flourished, expanding its team and client base. The firm’s success is a testament to its strong values and commitment to providing unparalleled financial advice and services.
Financial Advisor Disclosures to Know
SAM is a registered investment advisor (RIA), and its advisors operate under the fiduciary standard. This means that they are legally obligated to act in their clients’ best interests and must disclose any potential conflicts of interest. SAM’s advisors have a clean disciplinary record and do not have any disclosures that would call into question their integrity or ability to provide unbiased financial advice.
Conclusion
Seattle Asset Management, Inc. is a highly reputable financial advisory firm that is dedicated to helping clients achieve their financial objectives. With a team of experienced advisors, a comprehensive range of services, and a commitment to transparency and client satisfaction, SAM is an ideal partner for anyone looking to grow and manage their wealth wisely.