Etesian Wealth Advisors, Inc. (West Linn)

Name: Etesian Wealth Advisors, Inc.
Address: 1914 Willamette Falls Drive, #300, West Linn, OR, 97068
Telephone: 503-387-3615

Etesian Wealth Advisors, Inc. is a large advisory firm based in West Linn. It manages $215.2 million of regulatory assets for 145 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Arizona, California, Oregon, and Washington.

Etesian Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Etesian Wealth Advisors: assets under management

The assets under management (AUM) of Etesian Wealth Advisors, Inc. is $215.2 million. The firm's AUM has gone down by -16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $213.3 million in discretionary accounts and $1.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.48 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.9 million.

Etesian Wealth Advisors has custody of $120 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 45% of the total AUM. The second-largest asset type is exchange traded securities, which make up 32% of the firm’s portfolio. Investments in state and local bonds form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Etesian Wealth Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Etesian Wealth Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Etesian Wealth Advisors is high net worth individuals with 63 clients and $168.96 million of assets under management. Among the 9 most similar advisory firms, Etesian Wealth Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $215.2 million for 145 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.

Etesian Wealth Advisors doesn't advise any private funds.

Careers at Etesian Wealth Advisors, Inc.

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 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.

Etesian Wealth Advisors, Inc. is owned by Barbara Lochrie. Benjamin W Wright joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stanley Clayton Lochrie	Owner, president, chief compliance officer	1 Dec 2009	50% - 75%	2208453
Barbara Lochrie	Owner	1 Jul 2012	50% - 75%	6160271
Benjamin W Wright	Shareholder	1 Apr 2019	Other	6692717
Jesse Jonathan Steele	Shareholder	1 Apr 2019	Other	6864049

Based in West Linn

The principal office where Etesian Wealth Advisors, Inc. performs its advisory services is located at 1914 Willamette Falls Drive, #300, West Linn, OR 97068, which is also the mailing address of the firm. An additional office of the firm is in Spokane, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 503-387-3615 or by fax 503-387-3261. The normal business hours are 7:30 am - 4:00pm on Monday - Friday. You can find more information about the New York firm at etesianwealthadvisors.com.