Deschutes Investment Consulting, LLC (Portland)

Name: Deschutes Investment Consulting, LLC
Address: 200 Sw Market Street, Portland, OR, 97201
Telephone: 503-224-3700

Deschutes Investment Consulting, LLC is a large advisory firm based in Portland. It manages $1.07 billion of regulatory assets for 721 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Florida, North Carolina, and 3 other states.

Deschutes Investment Consulting provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Deschutes Investment Consulting: assets under management

The assets under management (AUM) of Deschutes Investment Consulting, LLC is $1.07 billion. The firm's AUM has grown by 142% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $217.45 million in discretionary accounts and $854.12 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $353.57 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $8.06 million.

Deschutes Investment Consulting has custody of $1.17 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 80% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Deschutes Investment Consulting, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Deschutes Investment Consulting serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Deschutes Investment Consulting is pension and profit sharing plans with 101 clients and $849.13 million of assets under management. Among the 10 most similar advisory firms, Deschutes Investment Consulting has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $1.07 billion for 359 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.

Deschutes Investment Consulting doesn't advise any private funds.

Careers at Deschutes Investment Consulting, 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. 6 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 compensates 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
Macgregor Bruce Hall	Owner/chief compliance officer	1 Sep 2010	75% - 100%	1896326

Based in Portland

The principal office where Deschutes Investment Consulting, LLC performs its advisory services is located at 200 Sw Market Street, Portland, OR 97201, which is also the mailing address of the firm. An additional office of the firm is in Palmetto Bay, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 503-224-3700 or by fax 503-548-2100. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at deschutesinvestment.com and its LinkedIn profile.