Cascadia Advisory Services, LLC (Portland)

Cascadia Advisory Services, LLC is a large advisory firm based in Portland. It manages $407.21 million of regulatory assets for 2,155 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Louisiana, and 7 other states.

Cascadia Advisory Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cascadia Advisory Services: assets under management

The assets under management (AUM) of Cascadia Advisory Services, LLC is $407.21 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 236% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $407.21 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $188.96 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 66% of the total AUM. The second-largest asset type is exchange traded securities, which make up 21% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cascadia Advisory Services, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Cascadia Advisory Services serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Cascadia Advisory Services is individuals with 814 clients and $248.39 million of assets under management. Among the 12 most similar advisory firms, Cascadia Advisory Services has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $407.21 million for 919 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.

Cascadia Advisory Services doesn't advise any private funds.

Careers at Cascadia Advisory Services, LLC

The company employs 15 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 15 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
Robert Patrick Biancardi	Member	1 Sep 2017	25% - 50%	5716574
Greg Scott Bowen	Member	1 Sep 2017	25% - 50%	2328903
Douglas Kay Perry	Member	1 Sep 2017	25% - 50%	2260883
Michael Paul Jeanfreau	Chief compliance officer	1 Sep 2017	Other	1884086

Based in Portland

The principal office where Cascadia Advisory Services, LLC performs its advisory services is located at 8050 Sw Pfaffle Street, Portland, OR 97223, which is also the mailing address of the firm. An additional office of the firm is in Danville, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (503) 620-5236 or by fax (503) 620-5273. The normal business hours are m - th 8:00 am -5:00 pm f 8:00 am to 4:00 pm on Monday - Friday.