Bristlecone Advisors LLC (Seattle)

Name: Bristlecone Advisors LLC
Address: 999 3 Rd Ave, Suite 600, Seattle, WA, 98104
Telephone: 206-664-6813

Bristlecone Advisors LLC is a large advisory firm based in Seattle. It manages $1.19 billion of regulatory assets for 790 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Idaho, and 5 other states.

Bristlecone Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and family office services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bristlecone Advisors: assets under management

The assets under management (AUM) of Bristlecone Advisors LLC is $1.19 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2058% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.19 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.5 million each.

Bristlecone Advisors has custody of $23.09 million in cash and securities for 17 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in state and local bonds the most. They account for 35% of the total AUM. The second-largest asset type is exchange traded securities, which make up 30% of the firm’s portfolio. Investments in investment and business development companies form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bristlecone Advisors 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.

What kind of clients Bristlecone Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Bristlecone Advisors is high net worth individuals with 247 clients and $1.13 billion of assets under management. Among the 6 most similar advisory firms, Bristlecone Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.19 billion for 334 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.

Bristlecone Advisors doesn't advise any private funds.

Careers at Bristlecone Advisors LLC

The company employs 17 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. 10 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Keith Randolph Vernon	Principal	1 Jan 1997	75% - 100%	2345435
Keith Randolph Vernon	Partner	1 Apr 1999	25% - 50%	2345435
Roman Guy Brent	Principal	1 Jun 2003	Other	4532588
Matthew Parker Talbot	Principal	1 Jun 2003	25% - 50%	2538636
Thomas Harvey Warburton	Principal	1 Jan 2007	Other	5242382
Kevin Sean Berry	Partner/cco	1 Apr 2010	Other	2894776
Christopher Jon Taylor	Partner	1 Apr 2010	Other	4367955
Anthony David Waltier	Partner	1 Apr 2010	Other	5785495
Jeff Parker	Partner	1 Mar 2015	Other	6460907
Larry Kinner	Partner	1 Mar 2015	Other	6463253
Kevin George Mccandlish	Partner	1 Mar 2015	Other	2377585
Larry Dale Kinner	Partner	1 Mar 2015	Other	6463253
Jeff Knox Parker	Parter	1 Mar 2015	Other	6460907
Joseph Brennan Winkler	Partner	1 Oct 2015	Other	4355146
Justin Devere Rolfe	Partner	1 Aug 2019	Other	7172316

Based in Seattle

The principal office where Bristlecone Advisors LLC performs its advisory services is located at 999 3 Rd Ave, Suite 600, Seattle, WA 98104, which is also the mailing address of the firm. An additional office of the firm is in Bellevue, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 206-664-6813 or by fax 206-664-2501. The normal business hours are 7:00 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at bristleconeadvisors.com.