Brighton Jones LLC is a large advisory firm based in Seattle. It manages $5.3 billion of regulatory assets for 1,718 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alaska, Arizona, California, and 21 other states.
Brighton Jones 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, and educational seminars and workshops. It prepares financial plans for approximately 2,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Brighton Jones LLC is $5.3 billion. The firm's AUM has grown by 5351% 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 Brighton Jones LLC for their services and products based on a percentage of assets under management, hourly charges, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Brighton Jones is high net worth individuals with 1,167 clients and $4.69 billion of assets under management. Among the 6 most similar advisory firms, Brighton Jones has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $5.3 billion for 1,718 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.
Brighton Jones also advises several private funds. Namely, one real estate fund, three private equity funds, and one venture capital fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 170 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 72 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
The principal office where Brighton Jones LLC performs its advisory services is located at 2030 1 St Avenue, Seattle, WA 98121, which is also the mailing address of the firm. An additional office of the firm is in Mclean, VA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 206-258-5000 or by fax 206-258-5005. 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 brightonjones.com.