Northwest Investment Counselors LLC (Lake Oswego)


Northwest Investment Counselors LLC is a large advisory firm based in Lake Oswego. It manages $413.82 million of regulatory assets for 315 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Oregon, Texas, and Washington.

Northwest Investment Counselors provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Northwest Investment Counselors: assets under management

The assets under management (AUM) of Northwest Investment Counselors LLC is $413.82 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 539% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $413.82 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.31 million each.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is government bonds, which make up 14% of the firm’s portfolio. Investments in investment grade corporate bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Northwest Investment Counselors LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Northwest Investment Counselors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Northwest Investment Counselors is individuals with 304 clients and $336.45 million of assets under management. Among the 9 most similar advisory firms, Northwest Investment Counselors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $413.82 million for 315 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.

Northwest Investment Counselors doesn't advise any private funds.

Careers at Northwest Investment Counselors LLC

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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 Edward Scarlett Member 1 May 1998 25% - 50% 2297164
Matthew John Nicol Roehr Chief compliance officer 1 May 1998 25% - 50% 1882121
Nancy Jean Karwin Partner 1 May 1998 25% - 50% 4364075
Alexander Vanleer Sharp Partner 1 May 1998 25% - 50% 1519574
Mark Edward Scarlett Managing partner 1 Dec 1999 25% - 50% 2297164
John Christian Raaf Senior analyst 1 Aug 2002 Other 3215672
Christel Parkinson Turkiewicz Wealth manager 1 Sep 2010 Other 2941748
John Spring Woolley Member 1 Dec 2010 Other 2365733
Michelle Castano Garcia Wealth manager 1 Nov 2013 Other 4180941

Based in Lake Oswego

The principal office where Northwest Investment Counselors LLC performs its advisory services is located at 5885 Meadows Road, Suite 860, Lake Oswego, OR 97035, 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 800-685-7884 or by fax 503-905-2995. The normal business hours are 7am-4pm on Monday - Friday. You can find more information about the New York firm at nwic.net.