Northwest Administrators Inc (Seattle)
Northwest Administrators Inc is a large advisory firm based in Seattle. It manages $432.71 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Washington.
Northwest Administrators provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Northwest Administrators: assets under management
The assets under management (AUM) of Northwest Administrators Inc is $432.71 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in government bonds the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Northwest Administrators Inc for their services and products based on a percentage of assets under management and fixed 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.
What kind of clients Christopher Robert Hughes serves?
The only and largest group of clients of Christopher Robert Hughes is pension and profit sharing plans with 1 clients and $149.69 million of assets under management. Among the 7 most similar advisory firms, Northwest Administrators has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $149.69 million for 1 clients. None of the firm’s clients are foreign persons or businesses.
Northwest Administrators doesn't advise any private funds.
Careers at Northwest Administrators Inc
The company employs 332 people that are either part- or full-time employees. No employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
Christopher Robert Hughes has been acting as President since 1 Apr 2001. Jr John Clifford Hughes joined the executive team most recently as the Sr Vice President.
Direct owners and executive officers
Based in Seattle
The principal office where Northwest Administrators Inc performs its advisory services is located at 2323 Eastlake Ave East, Seattle, WA 98102 3305, 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 206-329-4900 or by fax 206-726-3209. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at nwadmin.com.
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