Baker Ellis Asset Management LLC (Portland)

Name: Baker Ellis Asset Management LLC
Address: 1231 Nw Hoyt Street, Portland, OR, 97209
Telephone: 503-227-5778

Baker Ellis Asset Management LLC is a large advisory firm based in Portland. It manages $585.92 million of regulatory assets for 599 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, New York, Oregon, Texas, and Washington.

Baker Ellis Asset Management provides 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.

Baker Ellis Asset Management: assets under management

The assets under management (AUM) of Baker Ellis Asset Management LLC is $585.92 million. The firm's AUM has grown by 2244% since the beginning of its operation, and $10.25 million of the total AUM is attributable to clients outside of the United States.

The firm manages $577.91 million in discretionary accounts and $8.01 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.02 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $250.31 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 43% of the total AUM. The second-largest asset type is exchange traded securities, which make up 34% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Baker Ellis Asset Management LLC for their services and products based on a percentage of assets under management. 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 Baker Ellis Asset Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Baker Ellis Asset Management is high net worth individuals with 160 clients and $462.32 million of assets under management. Among the 10 most similar advisory firms, Baker Ellis Asset Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $585.92 million for 243 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Baker Ellis Asset Management doesn't advise any private funds.

Careers at Baker Ellis Asset Management LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 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 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
Barnes Cleland Ellis	Member/chief compliance officer	1 Feb 2002	50% - 75%	2662688
Brian Christian Baker	Member	1 Feb 2002	50% - 75%	1936839

Based in Portland

The principal office where Baker Ellis Asset Management LLC performs its advisory services is located at 1231 Nw Hoyt Street, Portland, OR 97209, 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 503-227-5778 or by fax 503-227-5820. The normal business hours are 7:00 a.m. - 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at bakerellisllc.com.