Marshall & Sullivan Inc (Seattle)


Marshall & Sullivan Inc is a large advisory firm based in Seattle. It manages $289.65 million of regulatory assets for 180 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alaska, California, Oregon, Texas, and Washington.

Marshall & Sullivan provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Marshall & Sullivan: assets under management

The assets under management (AUM) of Marshall & Sullivan Inc is $289.65 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $289.65 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.61 million each.
Marshall & Sullivan has custody of $26.71 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is state and local bonds, which make up 15% of the firm’s portfolio. Investments in government bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Marshall & Sullivan Inc for their services and products based on a percentage of assets under management, hourly charges, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ronald Eugene Marshall serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Ronald Eugene Marshall is high net worth individuals with 95 clients and $228.91 million of assets under management. Among the 10 most similar advisory firms, Marshall & Sullivan has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $289.65 million for 180 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.

Marshall & Sullivan also advises several private funds. Namely, eight real estate funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $50,000.

Careers at Marshall & Sullivan Inc

The company employs 4 people that are either part- or full-time employees. 75 percent of the 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.

Marshall & Sullivan Inc is owned by Ruth Ellen Elliott. Ronald Eugene Marshall has been acting as President since 1 May 1981. Marshall A Patricia joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Ronald Eugene Marshall Chairman 1 May 1981 25% - 50% 501364
Arthur Sidney Robinson Director 1 Oct 1994 Other 4363744
Mary Middlestate Edmark Director 1 Oct 1994 Other 4363924
Mary Miller Director 1 Oct 1994 Other 4363924
Ruth Ellen Elliott Owner 1 Oct 1997 Other 4363965
G&G Trust Director 1 Oct 1997 Other 91-6454724
Retta Sullivan Director 1 Oct 1997 Other 4364082
Gregory Scott Robinson President/chief compliance officer 1 Jan 2000 Other 1581647
Thomas Allen Knowles Principal 1 Jan 2000 Other 272636
Retta Sullivan Owner 1 Nov 2004 Other 4364082
Howard Davis Miracle Vice president 1 May 2011 Other 1502120
W Price Sulivan Tst Fdo Retta B Sullivan Owner 1 May 2011 Other 20-6356971
W Price Sullivan Owner 1 Oct 2012 Other 6164421
Mary S Casady Owner 1 Oct 2012 Other 6164429
James M Sullivan Owner 1 Oct 2012 Other 6164436
Jo Ellen S Lively Owner 1 Oct 2012 Other 6164437
Paticia A Lord Owner 1 Oct 2012 Other 6164438
Marshall A Patricia Director 1 Jan 2016 Other 6607700

Based in Seattle

The principal office where Marshall & Sullivan Inc performs its advisory services is located at 1109 First Ave. Suite 200, Seattle, WA 98101, 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 206-621-9014 or by fax 206-682-9075. The normal business hours are 7am to 3pm on Monday - Friday. You can find more information about the New York firm at msinvest.com.