Directional Financial Services, LLC is a related adviser based in Seattle. It manages $8.11 million of regulatory assets for 95 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Oregon and Washington.
Directional Financial Services provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Directional Financial Services, LLC is $8.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 483% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Directional Financial Services, LLC for their services and products based on a percentage of assets under management and hourly charges. 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Directional Financial Services is individuals with 39 clients and $6.94 million of assets under management. Among the 1 most similar advisory firms, Directional Financial Services has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $8.11 million for 40 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.
Directional Financial Services doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 7 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.
Michael Patrick Kelly has served as the Chief Investment Officer since 1 Nov 2015 and Kenneth Robert Smith is the Chief Executive Officer of Directional Financial Services, LLC family office. Lindsay Marie Farnsworth joined the executive team most recently as the Chief Compliance Officer.
The principal office where Directional Financial Services, LLC performs its advisory services is located at 1420 5 Th Ave, 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 206-508-3240 or by fax 866-496-9877. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at directionalfs.com.