Soundview Advisors, Inc. (Seattle)

Name: Soundview Advisors, Inc.
Address: 1000 Second Avenue, Seattle, WA, 98104
Telephone: 206-682-7713

Soundview Advisors, Inc. is a large advisory firm based in Seattle. It manages $209.5 million of regulatory assets for 922 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Arizona, California, and Washington.

Soundview Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Soundview Advisors: assets under management

The assets under management (AUM) of Soundview Advisors, Inc. is $209.5 million. The firm's AUM has grown by 15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $205.5 million in discretionary accounts and $4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.93 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.45 thousand.

Soundview Advisors has custody of $9.65 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 86% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in other assets form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Soundview Advisors, Inc. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kevin Lee Slater serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Kevin Lee Slater is high net worth individuals with 66 clients and $169.3 million of assets under management. Among the 8 most similar advisory firms, Soundview Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $209.5 million for 152 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.

Soundview Advisors doesn't advise any private funds.

Careers at Soundview Advisors, Inc.

The company employs 11 people that are either part- or full-time employees. 27 percent of the employees work as investment advisers or researchers. 4 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.

Kevin Lee Slater has been acting as President since 1 Jan 2007. Bruce Carl Stoltenberg joined the executive team most recently as the Chief Executive Officer, Co Chief Investment Officer & Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bruce Carl Stoltenberg	Chief executive officer, chief investment officer & vice president	1 Jan 2007	Other	1064851
Kevin Lee Slater	President	1 Jan 2007	25% - 50%	4790152
Kevin M Rigg	Treasurer & chief technology officer	1 Oct 2009	25% - 50%	4708409
Angella Rae Creel	Chief operating officer/secretary	1 Jan 2014	Other	5959186
Kevin Lee Slater	Chief compliance officer	1 Jan 2015	25% - 50%	4790152
Bruce Carl Stoltenberg	Chief executive officer, co-chief investment officer & vice president	1 Jan 2015	Other	1064851

Based in Seattle

The principal office where Soundview Advisors, Inc. performs its advisory services is located at 1000 Second Avenue, Seattle, WA 98104, which is also the mailing address of the firm. An additional office of the firm is in Olympia, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 206-682-7713 or by fax 360-867-9848. The normal business hours are 8 a.m. to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at soundviewadvisors.com.