Finding a Top Financial Advisor Firm in Bellevue, Washington
Are you looking to work with a financial advisor? If you live in Bellevue, Washington, there are a lot of advisor firms to pick from. SmartAsset’s reviews below highlight the top financial advisor firms in Bellevue. We go through each firm’s investing strategies, fee schedules, backgrounds and more. For a more tailored match, you can utilize SmartAsset’s financial advisor matching tool, which will match you with as many as three advisors in your area who can meet your needs.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Cornerstone Advisors, Inc. Find an Advisor||$3,639,172,397||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|2||Coldstream Wealth Management Find an Advisor||$2,768,045,933||$2,000,000|| || |
|3||The Pacific Financial Group, Inc. Find an Advisor||$2,564,604,025||Varies based on account type|| || |
Minimum AssetsVaries based on account type
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|4||Evergreen Capital Management, LLC Find an Advisor||$2,197,094,225||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|5||Trutina Financial, LLC Find an Advisor||$640,278,800||No set account minimum|| || |
Minimum AssetsNo set account minimum
|6||Paul R. Ried Financial Group, LLC Find an Advisor||$609,677,748||No set account minimum|| || |
Minimum AssetsNo set account minimum
|7||Highland Private Wealth Management Find an Advisor||$598,331,247||No set account minimum|| || |
Minimum AssetsNo set account minimum
|8||Auxano Advisors, LLC Find an Advisor||$569,705,500||$1,000,000|| || |
|9||FRG Family Wealth Advisors Find an Advisor||$464,772,961||$1,000,000|| || |
|10||Avier Wealth Advisors Find an Advisor||$428,528,710||$5,000 minimum annual fee|| || |
Minimum Assets$5,000 minimum annual fee
How We Found the Top Financial Advisor Firms in Bellevue, Washington
SmartAsset only considered financial advisors firms that call Bellevue home and are registered with the U.S. Securities and Exchange Commission (SEC). That’s because SEC-registered firms are legally bound by fiduciary duty, which requires them to act in clients’ best financial interests. Any firms that had disclosures of disciplinary or compliance issues listed on their Form ADV were eliminated from contention. We also only considered firms that manage individual accounts and offer financial planning services. Below we list the remaining firms that met these requirements, ordered from the most assets under management (AUM) to the least.
Cornerstone Advisors, Inc.
Cornerstone Advisors, Inc. manages $3.6 billion in client assets, easily placing it as the largest firm on this list. The fee-only firm employs the second most financial advisors of any firm on this list, with 40 advisors. It also boasts the highest number of advisory certifications, including 17 certified financial planners (CFPs), eight chartered financial analysts (CFAs), five certified public accountants (CPAs), one accredited asset management specialist (AAMS), one chartered mutual fund counselor (CMFC), one chartered alternative investment analyst (CAIA) and one chartered financial consultant (ChFC).
While some firms impose asset-based minimum investment requirements, Cornerstone is not one of them. However, different services at Cornerstone call for differing minimum annual fees, which may be prohibitively expensive for lower account sizes. Wealth management clients must pay at least $10,000 annually in fees, while family office services adhere to a $50,000 minimum annual fee. If you’re looking for consulting, the minimum fee is $5,000.
The vast majority of Cornerstone’s client base is made up of individuals and high-net-worth individuals. The firm also works with pension and profit-sharing plans, trusts, estates and charitable organizations.
Cornerstone Advisors, Inc. Background
Cornerstone Advisors is owned by employees and board members. In fact, no single owner holds larger than a 25% stake in the firm. It has been in business since 1984, making Cornerstone the second oldest on this list.
Cornerstone Advisors takes a holistic approach, providing a wide range of advisory services. For example, you’ll find:
- Strategic wealth management
- Investment management and portfolio design
- Cash flow management
- Tax planning and management
- Estate planning
- Lifestyle services
- Family office services
Also, the firm serves as the managing member or general partner to two private funds that it created, it says, “for the purpose of facilitating investments by our clients in various private equity investments or marketable equity securities on a pooled basis.”
Cornerstone Advisors, Inc. Investing Strategy
Cornerstone only manages portfolios on a discretionary basis. That means you must authorize the firm and your advisor to make trades on their own, without your prior consent. However, this doesn’t mean you won’t have any control over how your money is invested.
Rather than pass every investment decision by you, the firm will collect information regarding your personal risk tolerance, time horizon and liquidity needs. Through this initial review, the firm will build a strategy that aligns with what you want.
Coldstream Wealth Management
Coldstream Wealth Management carries the largest advisory staff of any firm on this list. Its team of 46 advisors includes seven certified financial planners (CFPs), six chartered financial analysts (CFAs), two certified public accountants (CPAs), one accredited estate planner (AEP), one chartered life underwriter (CLU), one chartered alternative investment analyst (CAIA) and one financial risk manager (FRM).
Although Coldstream maintains advisory relationships with many types of clients, high-net-worth individuals hold claim to more than 87% of the firm’s overall assets under management (AUM). This is likely due to the firm's $2 million account minimum. Individuals, businesses, charitable organizations, pension and profit-sharing plans and investment companies flesh out the rest of the firm’s client base.
As a fee-based firm, certain members of Coldstream Wealth Management’s staff earn commissions for the sale of insurance products. Although this represents a possible conflict of interest, the firm abides by fiduciary duty, and therefore is legally bound to act in your best interest.
SmartAsset has an individual firm review for Coldstream Wealth Management.
Coldstream Wealth Management Background
Like Cornerstone Advisors, Coldstream Wealth Management is employee-owned. The firm was established in 1996 in Bellevue, with a branch office in Seattle.
A sizable portion of the services at Coldstream revolve around investing. In fact, the firm offers customizable portfolio planning and management, as well as risk management. Those interested in financial planning can utilize the firm’s retirement planning, education fund planning and wealth transfer planning services.
Coldstream Wealth Management Investing Strategy
Rather than squeeze every client into a single investment philosophy, Coldstream has worked to create a few investment management strategies that it can pair you with:
- Global Equity: This stock-centric group of four strategies offers varying exposures to different types of equities. While some portfolios will be aggressive and focused on growth, others will maintain a more tax-minded exposure.
- Global Fixed-Income: Portfolios using this strategy will contain mostly municipal, corporate and U.S. government bonds. Most of its sub-strategies focus on long-term growth, though the “Coldstream Income Opportunity” sub-strategy looks for income over returns.
- Alternative Investment Strategies: If your needs don’t fit neatly into another strategy, alternative investment could be the way to go. That could mean investing in real estate, hedge funds, private equity and venture capital funds.
The Pacific Financial Group, Inc.
The Pacific Financial Group, Inc.’s (TPFG) client base consists almost entirely of individuals. It also offers services for trusts, estates, pension and profit-sharing plans, charitable organizations and businesses.
While some services at this firm don’t carry a minimum, most of them do. For the “Variable Annuity Optimization” program, you’ll need at least $10,000 in investable assets. The “EPIC Program,” a multi-strategy investment management service centered around mutual funds and ETFs, comes with a $25,000 minimum. Lastly, if you maintain a separately managed account (SMA), your minimum will vary from $50,000 to $100,000 depending on the custodian you choose.
Although TPFG employs 26 financial advisors, it has fewer advisory certifications than some other firms on this list. There are two chartered financial analysts (CFAs), one certified public accountant (CPA) and one accredited investment fiduciary analyst (AIFA) working at the firm.
The Pacific Financial Group, Inc. Background
The Pacific Financial Group opened its doors way back in 1984. In 2017, the firm became a wholly-owned subsidiary of The Pacific Holdings Group, LLC, a financial services holding company. Co-CEO Megan Meade also owns more than 25% of the firm.
This firm offers extensive investment management programs and services. Not only can its advisors build a personalized portfolio for you, but it can also implement pre-built, risk-adjusted portfolio plans. Clients can also take advantage of retirement plan and variable annuity optimization services.
The Pacific Financial Group, Inc. Investing Strategy
The Pacific Financial Group can pivot to many different investment strategies depending on your personal investor profile. To establish this profile, you and your advisor will work together to determine your overall risk tolerance, liquidity needs, time horizon and ultimate financial goals. Once this is done, you’ll be paired with the strategy and management program that best suits you.
Evergreen Capital Management, LLC
Evergreen Capital Management has $2.2 billion in client assets under management (AUM), making it the last billion-dollar firm on this list. The fee-only firm has a 21-person financial advisory staff that includes six certified financial planners (CFPs) and three chartered financial analysts (CFAs). This firm is one of three on this list (along with The Pacific Financial Group and Auxano Advisors) to charge performance-based fees.
Evergreen’s minimum account sizes change depending on the service you’re subscribing to. Exchange-traded fund (ETF) portfolios require a $500,000 minimum, whereas a portfolio with individual securities has a $1 million minimum. The firm can waive these minimums at its discretion.
Evergreen Capital Management primarily serves individuals and high-net-worth individuals, with the latter claiming the vast majority of the firm’s overall AUM. Evergreen also works with trusts, endowments, pension plans and other retirement plan accounts.
Evergreen Capital Management, LLC Background
Evergreen Capital Management can trace its history back to 1983. That makes it the oldest firm on this list. Since 2002, though, the firm has been under the majority ownership of chief strategist and partner David Hay. Hay has been employed in the investment industry since 1979, giving him around 40 years’ experience.
If you become a client of Evergreen, you’ll gain access to four main types of services: standard investment advisory services, robo-advisory services through “Evervestment,” investment consulting and financial planning. The firm will alter each of these to fit the specifics of your personal situation rather than use a cookie-cutter approach.
Evergreen Capital Management, LLC Investing Strategy
Evergreen has developed its own investment approach, which it’s dubbed “Dynamic Asset Allocation.” This is an active investment philosophy that structures your portfolio according to your risk tolerance, time horizon and investment goals.
The firm offers a number of investment strategies that vary from highly conservative to aggressive growth. Depending on where you fall within this spectrum, your portfolio will likely contain a collection of individual securities and ETFs. In some cases, the firm may choose other applicable investments.
Trutina Financial, LLC
Although individuals and high-net-worth individuals comprise most of Trutina Financial’s client base, the firm also works with well over 100 employer-sponsored retirement plans. Trutina also offers services for trusts, estates, charitable organizations and businesses. There is no minimum investment at this firm.
Trutina Financial employs eight financial advisors. This group currently includes two accredited investment fiduciaries (AIFs) and one qualified 401(k) administrator (QKA).
Trutina Financial is a fee-based advisor firm and it has some advisors that can earn commissions from the sale of certain insurance policies or securities. Despite this, the firm is legally bound by fiduciary duty, which means that its advisors must act in clients’ best interests.
Trutina Financial, LLC Background
Bellevue Financial, Inc. was the predecessor firm to Trutina Financial, and it was founded in 2005. As of 2009, Storehouse Partners, LLC merged with Bellevue Financial, leading to the 2010 creation of Trutina. Today, the firm’s owners are principals Matt Myers and Steve Herman and chief investment officer (CIO) Todd Carter.
For individuals, the firm can offer comprehensive financial planning, wealth management and investment portfolio management. Trutina also provides advisory services to retirement plans.
Trutina Financial, LLC Investing Strategy
Trutina does not discriminate between long- and short-term securities purchases, employing different strategies depending on the particular clients’ needs, risk tolerance and time horizon.
Because of this wide ranging strategy, Trutina utilizes many different securities and investments, including equities, fixed-income securities, mutual funds, ETFs, variable annuities, unit investment trusts, options and limited partnerships.
Paul R. Ried Financial Group, LLC
With nearly $610 million in assets under management (AUM), Paul R. Ried Financial Group, LLC takes the sixth spot on our list. The firm has no account minimum and serves a client base consisting almost entirely of individual clients. In fact, more than 99% of the firm’s managed assets belong to either individuals or individuals with a high net worth.
Although this firm’s seven-person advisory staff is slightly on the small side, there are six advisory certifications between them. This group boasts four certified financial planners (CFPs), one certified investment management analyst (CIMA) and one accredited asset management specialist (AAMS).
Because this firm is fee-based, a few of its advisors may receive commissions or extra compensation for the sale of insurance products to clients. While this could be seen as a conflict of interest, the firm is legally bound by fiduciary duty. This ensures that the firm must act in clients’ best interests at all times.
Paul R. Ried Financial Group, LLC Background
Paul R. Ried Financial Group became a registered investment advisor (RIA) in 2018, but the firm has been in business since 1986. The firm’s president, Paul Ried, founded the firm and has spent more than 30 years working in financial services. He remains the firm’s principal shareholder.
This firm’s premier service is its “PEAC Investment Advisory Program.” The PEAC acronym stands for “planning, education, advice and consultation,” according to its official Form ADV. Paul R. Ried Financial Group has an abundance of financial planning services as well, including:
- Pre- and post-retirement planning
- Cash flow planning
- Education cost planning
- Tax planning and management
- Estate planning
- Risk management and insurance planning
Paul R. Ried Financial Group, LLC Investing Strategy
At its core, Paul R. Ried Financial Group tends to believe in long-term investing. So as the firm puts plans together for your portfolio, it will evaluate securities with a longer-term lean. Of course, your personal goals will have significant bearing on what your portfolio eventually looks like.
This firm tends to invest in a collection of mutual funds, ETFs, over-the-counter securities and exchange-listed securities. Should you have any explicit investment restrictions, the firm should be able to take them into account.
Highland Private Wealth Management
Fee-only Highland Private Wealth Management works with mostly high- and ultra-high-net-worth individuals. Outside of this group, the firm maintains accounts for individuals, charitable organizations, businesses, trusts and private foundations. It also has services especially for individual retirement accounts (IRAs), 401(k)s and 529 plans. Despite its focus on wealthy clientele, there are no set account minimums at this firm.
At Highland’s offices, you’ll find three certified financial planners (CFPs) and two chartered financial analysts (CFAs), across its eight-person team of advisory employees.
Highland is a bit unique in that it only charges fixed fees for its services. In contrast, most financial advisor firms use some combination of asset-based fees and hourly charges, on top of fixed fees.
Highland Private Wealth Management Background
Highland Private Wealth Management was established by John Christianson in 1999. Today, Christianson is the firm’s principal shareholder, president and CEO. He has spent a quarter-century working in the financial services industry.
The advisory services at Highland are split between investment management and wealth advisory. Here’s a breakdown of what the firm can do:
- Investment diversification
- Alternative investment review
- Customized investment planning and reporting
- Comprehensive financial planning
- Retirement planning
- Estate planning
- Wealth transfer planning
- Risk management
Highland Private Wealth Management Investing Strategy
At its core, Highland Private Wealth Management’s investment philosophy is based on wealth preservation and global diversification. Through these principles, the firm will attempt to create the best risk/return profile with the lowest operating expenses and tax exposure possible. Depending on your personal investment goals, the firm may recommend a passive strategy, an active strategy or some combination of the two.
Highland will occasionally purchase stocks and bonds for implementation in its clients’ portfolios. In general, though, the firm tends to stick with ETFs and mutual funds. The firm believes this is a safer way to gain exposure to more volatile securities.
Auxano Advisors, LLC
With a $1 million account minimum, it should come as no surprise that nearly three-quarters of Auxano Advisors’ $570 million in assets under management (AUM) belongs to high-net-worth individuals. The firm is also known to work with individuals, trusts, estates, charitable organizations, pension and profit-sharing plans and businesses.
There are plenty of advisory certifications to go around Auxano’s six-person staff of financial advisors. The firm has three certified financial planners (CFPs), one chartered financial analyst (CFA), one chartered life underwriter (CLU) and one chartered financial consultant (ChFC).
Auxano is a fee-based firm and a few of its advisors may be able to earn commissions from the sale of insurance products. Regardless, the firm is a fiduciary, legally requiring it to act in clients’ best interests at all times.
Auxano Advisors, LLC Background
Auxano Advisors, LLC has been in business in the Bellevue area since 1987. Peter Cline, the firm’s current CEO, founded the firm. Although Cline is still the majority owner, partners Alex Lee and Dwight Whiting hold minority ownership stakes.
First and foremost, Auxano is a family office. This means that individuals and their families can combine retirement planning, estate planning, tax planning and more in conjunction with traditional investment advisory services. The firm does provide standalone investment advisory services too, though.
Auxano Advisors, LLC Investing Strategy
Once you make your investment goals and risk tolerance apparent, Auxano will attempt to create a fitting investment portfolio for you. To do this, the firm utilizes both long- and short-term securities purchases. This is an especially beneficial approach for clients with high-end liquidity needs or a lower risk tolerance.
The firm also does its own extensive investment analysis when deciding what to populate your portfolio with. To do this, Auxano delves into the finances of specific companies, as well as overall market movements and trends.
FRG Family Wealth Advisors
With only four financial advisors on staff, FRG Family Wealth Advisors has the smallest team on this list. It also has the fewest certifications, with just one certified financial planner (CFP).
However, the firm manages more than $464 million in client assets, with most of that belonging to high-net-worth individuals. FRG is also known to serve individuals, pension and profit-sharing plans, charitable organizations and businesses. You’ll need at least $1 million in investable assets to become a client.
Certain advisors at this fee-based firm can sell insurance products and earn commissions for doing so. Despite this, the firm is legally bound to act in clients’ best interests because of its inherent adherence to fiduciary duty.
FRG Family Wealth Advisors Background
Back in 2009, FRG Family Wealth Advisors was established under the name Financial Resources Group.com, LLC. In 2018, the firm transitioned to its current name. Principals Benjamin Dale Johnson and Jimmy Shangge Wu own the firm.
For the most part, FRG Family Wealth Advisors deals with investment portfolio management. While there are financial planning services intertwined with these offerings, most of what the firm does will involve investment strategy creation, asset allocation determination, regular portfolio rebalances and more.
FRG Family Wealth Advisors Investing Strategy
To get a better idea of what kind of investor you are, your advisor will evaluate your time horizon and risk tolerance, along with any specific goals you may have. Depending on what you’re looking to accomplish, the firm will recommend a selection of investments potentially including equities, mutual funds, fixed-income securities, ETFs and non-U.S. securities.
In the end, though, the firm may decide to use other types of securities during the creation or rebalancing of your portfolio. It does this to maintain as much diversification as possible.
Avier Wealth Advisors
Although Avier Wealth Advisors apparently offers services for retirement plans and businesses, all of its nearly $430 million in assets under management (AUM) belong solely to individuals and high-net-worth individuals. Additionally, rather than impose a traditional asset-based minimum investment, Avier asks for a $5,000 minimum annual fee. It is a fee-only firm, meaning there are no conflicts of interest arising from advisors taking commissions.
Despite taking the tenth spot on our list, Avier Wealth Advisors has more certifications than seven other firms on this list. Between the Bellevue headquarters and the Lake Oswego branches, there are five certified financial planners (CFPs), four chartered financial analysts (CFAs), one chartered alternative investment analyst (CAIA), one chartered retirement planning counselor (CRPC) and one financial risk manager (FRM).
Avier Wealth Advisors Background
Avier Wealth Advisors’ legal name is RAM Investment Partners, LLC, which was originally established in 2012. The company came to fruition when managing director Dave Welty and Taylor Drake combined their individual firms. Today, the firm is under the majority ownership of Retirement Asset Management, LLC (Welty’s company), with minority stakes belonging to ProVest Capital Management, LLC (Drake’s company), Taylor Drake himself and Lu Lockwood, the company’s ex-COO.
Avier integrates financial planning and investment advisory services together to create as robust a client experience as possible. Rather than impose a specific set of offerings for clients to choose from, the firm prefers to customize what it does to the needs of clients.
Avier Wealth Advisors Investing Strategy
In order to build accurately risk-adjusted portfolios that fall in line with clients’ needs, Avier Wealth Advisors chooses to focus on asset allocation. In order to do this, the firm will vigorously review your risk tolerance, time horizon, liquidity needs and any other relevant information.
When it comes time to actually flesh out your portfolio, Avier tends to use mostly mutual funds, ETFs and exchange-traded notes (ETNs). It does this because it favors low-cost investments and no-load funds. Should your portfolio fall out of its original asset allocation, the firm will adjust your investments accordingly.