Bac Capital Advisors LLC (Seattle)

Name: Bac Capital Advisors LLC
Address: 1200 Fifth Avenue, Seattle, WA, 98101
Telephone: 206-625-1800

Bac Capital Advisors LLC is a large advisory firm based in Seattle. It manages $181.63 million of regulatory assets for 45 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Oregon and Washington.

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

Bac Capital Advisors: assets under management

The assets under management (AUM) of Bac Capital Advisors LLC is $181.63 million. The firm's AUM has grown by 240% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $101.24 million in discretionary accounts and $80.39 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.16 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.18 million.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bac Capital Advisors LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bac Capital Advisors serves?

The firm provides services to high net worth individuals and pension and profit sharing plans. The largest group of clients of Bac Capital Advisors is pension and profit sharing plans with 36 clients and $177.55 million of assets under management. Among the 8 most similar advisory firms, Bac Capital Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $181.63 million for 39 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.

Bac Capital Advisors doesn't advise any private funds.

Careers at Bac Capital Advisors LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Llc Benefit Administration Company	Member	1 Nov 1999	75% - 100%	91-1999591
Terrence Grant Atkins	Chief compliance officer	1 Oct 2004	Other	4603630
Terrence Grant Atkins	Retired	1 Mar 2016	Other	4603630
Carl Heinz Ahlers	Chief compliance officer	1 Mar 2016	Other	5755686
Timothy Charles Hill	Chief compliance officer	1 Jul 2017	75% - 100%	4086322

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Charles Hill	Managing member	1 Dec 1992	75% - 100%	4086322
Inc. Investors Retirement & Management Company	Member	1 Oct 1999	25% - 50%	77-0309553

Based in Seattle

The principal office where Bac Capital Advisors LLC performs its advisory services is located at 1200 Fifth Avenue, Seattle, WA 98101, 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 206-625-1800 or by fax 206-682-8016. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at baclink.com.