Mccutchen Group LLC is a large advisory firm based in Seattle. It manages $2.53 billion of regulatory assets for 849 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, New York, and Washington.
Mccutchen Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and bookkeeping, hr services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mccutchen Group LLC is $2.53 billion. The firm's AUM has grown by 118% 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 Mccutchen Group LLC 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Mccutchen Group is high net worth individuals with 59 clients and $2.06 billion of assets under management. Among the 7 most similar advisory firms, Mccutchen Group has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.53 billion for 100 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.
Mccutchen Group also advises several private funds. Namely, four other private funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.
The company employs 20 people that are either part- or full-time employees. 35 percent of the employees work as investment advisers or researchers. No 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.
The principal office where Mccutchen Group LLC performs its advisory services is located at 925 Fourth Avenue, Suite 2288, Seattle, WA 98104, 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 206-816-6850 or by fax 206-816-6830. The normal business hours are 8am to 5 pm (pacific time) on Monday - Friday. You can find more information about the New York firm at mccutchengroup.com/.