Oliver Capital Management, Inc. (Seattle)

Name: Oliver Capital Management, Inc.
Address: 601 Union Street, Seattle, WA, 98101 4036
Telephone: 206-652-3500

Oliver Capital Management, Inc. is a large advisory firm based in Seattle. It manages $208.64 million of regulatory assets for 1,346 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alaska, Arizona, California, and 3 other states.

Oliver Capital Management provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Oliver Capital Management: assets under management

The assets under management (AUM) of Oliver Capital Management, Inc. is $208.64 million. The firm's AUM has grown by 8% since the beginning of its operation, and $260.04 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $20.79 million in discretionary accounts and $187.86 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.46 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $140.19 thousand.

Oliver Capital Management has custody of $187.86 million in cash and securities for 570 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Oliver Capital Management, Inc. for their services and products based on a percentage of assets under management. 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 Mark Kenneth Oliver serves?

The firm provides services to individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Mark Kenneth Oliver is individuals with 570 clients and $176.49 million of assets under management. Among the 8 most similar advisory firms, Oliver Capital Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $208.64 million for 600 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.

Oliver Capital Management doesn't advise any private funds.

Careers at Oliver Capital Management, Inc.

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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
Mark Kenneth Oliver	President/chief compliance officer	1 Jul 2003	75% - 100%	2856594

Based in Seattle

The principal office where Oliver Capital Management, Inc. performs its advisory services is located at 601 Union Street, Seattle, WA 98101 4036, 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 206-652-3500 or by fax 206-652-3551. The normal business hours are 6am to 5pm on Monday - Friday. You can find more information about the New York firm at olivercapital.com.