Government Portfolio Advisors LLC (Portland)

Name: Government Portfolio Advisors LLC
Address: 2188 Sw Park Place, Portland, OR, 97205
Telephone: 503-248-9973

Government Portfolio Advisors LLC is a large advisory firm based in Portland. It manages $12.5 billion of regulatory assets for 158 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Nevada, New Mexico, and 3 other states.

Government Portfolio Advisors provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Government Portfolio Advisors: assets under management

The assets under management (AUM) of Government Portfolio Advisors LLC is $12.5 billion. The firm's AUM has grown by 522% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.16 billion in discretionary accounts and $11.34 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $165.81 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $75.1 million.

Investments

The firm invests in government bonds the most. They account for 69% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Government Portfolio Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Government Portfolio Advisors serves?

The only and largest group of clients of Government Portfolio Advisors is state or municipal government entities with 50 clients and $12.42 billion of assets under management. Among the 8 most similar advisory firms, Government Portfolio Advisors has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $12.42 billion for 50 clients. None of the firm’s clients are foreign persons or businesses.

Government Portfolio Advisors doesn't advise any private funds.

Careers at Government Portfolio Advisors LLC

The company employs 10 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 5 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
Deanne Woodring	President & managing member	1 Jan 2014	50% - 75%	1088213
David Ray Westcott	Chief investment officer, chief compliance officer & managing member	1 Jan 2014	25% - 50%	862006

Based in Portland

The principal office where Government Portfolio Advisors LLC performs its advisory services is located at 2188 Sw Park Place, Portland, OR 97205, 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 503-248-9973 or by fax 971-266-8825. The normal business hours are 6:00am - 4:00pm on Monday - Friday. You can find more information about the New York firm at gpafixedincome.com.