Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management of Pooled Investment Vehicles
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
- Selection of Others Advisors
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pooled Investment Vehicles
- Pension & Profit Sharing Plans
- Charitable Organizations
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
- Other
Columbia Pacific Wealth Management Overview
Columbia Pacific Wealth Management, headquartered in Seattle, WA, has been providing investment advice to clients since 2011. This registered investment advisory firm operates on a fee-only basis, which means that it does not collect commissions or other sales-related fees from clients. Instead, clients pay Columbia Pacific Wealth Management a set fee for their services. Columbia Pacific Wealth Management specializes in investment advice only, offering a suite of services designed to meet the needs of individuals, small businesses, institutional clients, and pooled investment vehicles. The firm provides comprehensive financial planning services, including retirement planning, estate planning, and tax planning, as well as portfolio management services tailored to meet each client's unique investment objectives. Clients also have access to pension consulting services, enabling them to make informed decisions about employee retirement benefits. The firm's experienced advisors take a thoughtful and disciplined approach to managing client portfolios, leveraging their market knowledge and expertise to create tailored investment strategies that diversify their holdings, align with their objectives, and minimize risk. As part of their portfolio management services, Columbia Pacific Wealth Management selects and manages other investment advisors who specialize in specific asset classes or strategies, such as private equity or real estate, to provide clients with even broader investment opportunities. Overall, Columbia Pacific Wealth Management is a trusted, client-focused firm committed to helping clients achieve long-term investment success.
COLUMBIA PACIFIC WEALTH MANAGEMENT caters to a diverse set of clients, ranging from individuals to high net worth individuals, pooled investment vehicles, pension or profit sharing plans, charitable organizations, and other corporate entities. The firm provides customized solutions specific to the clients’ financial objectives. The clients’ investment goals, circumstances, and risk tolerance are taken into account to offer comprehensive financial planning, investment management, and retirement planning services. COLUMBIA PACIFIC WEALTH MANAGEMENT offers various fee structures depending on the services provided. The first option is a percentage of AUM (Assets Under Management), where the fee is charged based on the value of the client’s portfolio managed by the firm. The second option is a fixed fee, which is charged separately for each service provided regardless of the size of the client’s portfolio. The fees for financial planning services, retirement planning, and investment management services are determined separately. Lastly, other types of fees may be available on a case-by-case basis. The firm ensures complete transparency in its fee structure and provides the clients with a clear understanding of the fees associated with the services provided, ensuring that the clients have complete control over their investment decisions.
Typical Clients, Fee Structures & Investment Minimum
According to the note in their Part 2 Brochure, Columbia Pacific Wealth Management may require a minimum family account size of $5,000,000. However, they reserve the right to waive this requirement at their own discretion. Therefore, the investment minimum for this firm is $5,000,000, but it is not a strict requirement and exceptions may be made on a case-by-case basis.
How This Office Can Help Alameda, CA Residents
Columbia Pacific Wealth Management is a reputable financial management firm serving clients in Alameda, CA. They help clients achieve their financial goals by developing personalized investment strategies tailored to their unique situations. As more people in Alameda approach retirement age, Columbia Pacific offers guidance on retirement income planning, investment management, and risk management. With decades of experience in financial services, their team is skilled in navigating the complex financial world and adjusts their tactics to adapt to market trends. In addition to retirement planning, Columbia Pacific helps younger clients in Alameda to generate wealth and establish long-term financial plans. They offer guidance on managing student debt, saving for a down payment on a home, and creating investment portfolios for future financial freedom. They also have expertise in estate planning and tax-efficient investing strategies. Regardless of the client’s financial status, Columbia Pacific Wealth Management is dedicated to providing reliable and consistent financial advice to help clients reach their financial goals.
Services Offered by Columbia Pacific Wealth Management
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Columbia Pacific Wealth Management most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Columbia Pacific Wealth Management is registered to service clients in the following states:
- Alaska
- Arizona
- California
- Colorado
- Connecticut
- Florida
- Georgia
- Hawaii
- Idaho
- Nevada
- New Jersey
- New York
- North Carolina
- Oregon
- Tennessee
- Texas
- Washington
Disciplinary History
Columbia Pacific Wealth Management does not have any disclosures. Please visit it's Form ADV for more details.