Freestone Capital Management

Wealth Management Firm in Santa Barbara, CA

Firm Info
Address: 205 E Carrillo St suite 217, Santa Barbara, CA 93101, USA
Phone: (805) 845-8012

Firm Size
Assets Under Management: $8.9 billion
# of Advisors: 33
# of Clients: 4,350
Client to Advisor Ratio: 132:1
Average Account Size: $2.1 million
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Portfolio Management of Pooled Investment Vehicles
  • 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)
  • Commissions
  • Performance-based Fees

Get Connected with a Financial Advisor

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Freestone Capital Management, LLC Overview

Freestone Capital Management, LLC is a fee-based registered investment advisory firm located in Seattle, WA. The firm was established in 2008 and has since provided clients with comprehensive financial planning and portfolio management services. As a commodity pool operator/advisor and insurance broker/agent, they have the expertise to provide investment advice for individuals, small businesses, and pooled investment vehicles. Their fee-based model ensures that clients receive unbiased advice that is tailored to their individual needs, rather than being swayed by commissions or incentives. The firm's portfolio management services include investment selection, asset allocation, risk management, and ongoing monitoring of performance. They also offer clients the option to choose from a selection of other advisors. Freestone Capital Management, LLC has a deep commitment to their clients and offers a personalized approach to financial planning that prioritizes their needs. Their team of professionals works collaboratively with clients to develop customized solutions that address each client's unique financial goals. They are passionate about helping their clients reach their full potential through sound investment strategies, and are dedicated to providing the highest level of service possible.

Freestone Capital Management, LLC caters to a diverse spectrum of clients, including individuals, high net worth individuals, pooled investment vehicles, pension or profit sharing plans, charitable organizations, and other corporation types not listed. The firm is committed to understanding the unique needs and objectives of each of these client categories. They offer tailored investment solutions that aim to optimize risk and return based on specific client profiles. Freestone Capital Management, LLC has a flexible fee structure that varies depending on the services requested. The firm provides fee-based compensation for its portfolio management services, charging a percentage of assets under management (AUM). This arrangement serves as an incentive for the firm to grow a client's assets positively. In some cases, Freestone Capital Management, LLC may charge commissions based on trades executed as a part of their security trading services. Finally, performance-based fees represent a share of investment profits, which are only paid out if the fund exceeds the predetermined performance benchmark. This helps to align the interests of the firm and the client. Freestone Capital Management, LLC has chosen these fee structures to provide a transparent pricing system that reflects the value of the services rendered while also ensuring that the interests of clients are met.

Typical Clients, Fee Structures & Investment Minimum

The Part 2 Brochure of Freestone Capital Management, LLC states that they do not require a minimum account size. However, they generally seek advisory clients who are willing to establish a discretionary investment management relationship with them involving at least $1,000,000. For clients referred to them through the Schwab Advisor Network referral service, the minimum investment is $500,000.

How This Office Can Help Santa Barbara, CA Residents

Freestone Capital Management assists clients in Santa Barbara, CA in achieving their financial goals through personalized investment management and financial planning services. They offer a range of services including wealth management, retirement planning, tax planning, estate planning, and risk management. One of the unique challenges that people living in Santa Barbara, CA may face is the high cost of living in the area. This can make it difficult for individuals and families to save for retirement or achieve other financial goals. Freestone Capital Management can help clients navigate these challenges by developing a customized financial plan that takes into account their unique needs and circumstances. In addition to the high cost of living, residents of Santa Barbara, CA may also be subject to tax implications associated with living in a high-income state. Freestone Capital Management can help clients minimize their tax liabilities through various tax planning strategies. They can also help individuals and families plan for the future by providing guidance and support in areas such as retirement planning, estate planning, and risk management. Overall, Freestone Capital Management is dedicated to helping their clients in Santa Barbara, CA achieve financial stability and security through expert investment advice and financial planning services.

To view the Minimum Investment and Fee Schedule for Freestone Capital Management, LLC, visit their Part 2 Brochure.

Services Offered by Freestone Capital Management, LLC

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 Freestone Capital Management, LLC 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)
Commissions
Performance-based Fees
Unavailable
Hourly
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Other

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

Firm location 205 E Carrillo St suite 217, Santa Barbara, CA 93101, USA
Phone (805) 845-8012
Opening Hours
  • Mon 7:30 AM–4:30 PM
  • Tue 7:30 AM–4:30 PM
  • Wed 7:30 AM–4:30 PM
  • Thu 7:30 AM–4:30 PM
  • Fri 7:30 AM–4:30 PM
  • Sat Closed
  • Sun Closed
Directions
Google My Business Reviews:

Other Office Locations

Firm Headquarters
Firm headquarters location 701 5TH AVENUE, 74TH FLOOR, SEATTLE, WA 98104, United States

This firm has no other locations.

State Registrations

Freestone Capital Management, LLC is registered to service clients in the following states:

  • Alaska
  • Arizona
  • California
  • Colorado
  • Connecticut
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Missouri
  • Montana
  • Nevada
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • Ohio
  • Oregon
  • Pennsylvania
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Wisconsin

Disciplinary History

Freestone Capital Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.