Saturna Capital Corporation is a large advisory firm based in Bellingham. It manages $3.96 billion of regulatory assets for 91 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Georgia, and 11 other states.
Saturna Capital Corporation provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Saturna Capital Corporation is $3.96 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 4488% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Saturna Capital Corporation for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Monem Abdul Salam is investment companies with 2 clients and $3.81 billion of assets under management. Among the 8 most similar advisory firms, Saturna Capital Corporation has the 2nd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $3.95 billion for 49 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.
Saturna Capital Corporation also advises several private funds.
The company employs 65 people that are either part- or full-time employees. 17 percent of the employees work as investment advisers or researchers. 8 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.
Monem Abdul Salam has been acting as President since 1 Jun 2005. Kalen Martin Hanna joined the executive team most recently as the Chief Financial Officer, Treasurer.
The principal office where Saturna Capital Corporation performs its advisory services is located at 1300 N State St., Bellingham, WA 98225 4730, 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 360-594-9900 or by fax 360-734-0755. The normal business hours are 6am - 6pm on Monday - Friday. You can find more information about the New York firm at saturna.com.