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Cascadia Wealth Management Review

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Cascadia Advisory Services, LLC

Cascadia Advisory Services, LLC (CAS), which sometimes goes by Cascadia Wealth Management, is a fee-based financial advisor that’s headquartered in Portland, Oregon. The firm has branches in McMinnville, Oregon; Sherwood, Oregon; Tillamook, Oregon; Danville, California; and southeastern Portland as well. There are 15 financial advisors working at Cascadia with $121.2 million in assets under management (AUM).

As is stated above, Cascadia Advisory Services lists alternate names in its SEC-filed Form ADV, the most notable of which is “Cascadia Wealth Management.” In fact, the firm’s website is based around this title. Despite all of this, the firm is registered with the SEC under the name Cascadia Advisory Services.

Cascadia Advisory Services Background

Cascadia Advisory Services opened in 2017. The firm’s trio of principal owners include president Doug Perry, managing principal Greg Bowen and chief financial officer Robert Biancardi. As a group, the firm’s staff averages around 18 years’ experience in financial services and investment advisory.

The firm boasts four accredited investment fiduciaries (AIFs), two certified financial planners (CFPs), one chartered retirement planning counselor (CRPC), one chartered financial consultant (ChFC), one certified divorce financial analyst (CDFA), one accredited asset management specialist (AAMS) and one certified wealth strategist (CWS).

What Types of Clients Does Cascadia Advisory Services Accept?

More than three-quarters of the clients at Cascadia Advisory Services are individuals. CAS also works with high-net-worth individuals, families, businesses, charitable organizations and pension and profit-sharing plans.

Cascadia Advisory Services Minimum Account Size

Cascadia Advisory Services does not require a minimum initial investment or a minimum account size.

Services Offered by Cascadia Advisory Services

Investment portfolio management is the premier service at Cascadia Advisory Services, though investment advice is available for anyone that wants a more informational approach. Finally, CAS offers financial planning and pension consulting. Take a look over the firm’s services below:

  • Portfolio management
    • Investment policy statement (IPS) creation
    • Risk tolerance determination
    • Asset allocation and selection
    • Personalized investment strategies
    • Regular portfolio monitoring
    • Possible third-party investment advisor services
  • Specific investment advice
    • Stocks
    • Mutual funds
    • Fixed-income securities
    • Real estate funds
    • Exchange-traded funds (ETFs)
    • Annuities
    • Hedge funds
    • Commodities
    • Non-U.S. securities
  • Financial planning
    • Investment planning
    • Retirement planning
    • Legacy and estate planning
    • Tax planning and minimization
    • College fund planning
    • Debt & credit planning
    • Life insurance analysis
  • Pension consulting
    • Written pension consulting plan
    • Investment objective identification
    • Investment guidance for various asset classes
    • Recommendations for money managers, custodians, administrators and broker-dealers

Cascadia has a wide range of educational resources on its website. Investing, personal finance, taxes, retirement and legacy considerations are just a few of the topics you can learn about.

Cascadia Advisory Services Investment Philosophy

Modern portfolio theory (MPT) is an investment ideology that is the backbone of many financial advisor firms, and Cascadia Advisory Services is one of them. This theory states that every portfolio needs a balance between risk and return potential. In layman’s terms, the less risk you can handle, the less return you’ll likely receive, and vice versa. CAS uses MPT regularly to ensure that its portfolios match clients’ needs as much as possible and that any increase in risk is commensurate with potential returns.

Because Cascadia attempts to personalize each investment plan it creates, the firm utilizes a plethora of different investment types. Some commons choices are mutual funds, stocks, fixed-income securities, real estate investment trusts (REITs), exchange-traded funds (ETFs), commodities, venture capital funds, annuities, hedge funds, non-U.S. securities and private placements.

Fees Under Cascadia Advisory Services

Clients looking for portfolio management from Cascadia Advisory Services will encounter a fairly normal fee schedule. The rate you receive is based on the percentages in the table below, but they are negotiable. The firm charges these fees both in advance and in arrears, though you will still be liable for third-party fees, such as custodian fees, commissions, transaction costs and more.

Standard Portfolio Management Fees
Assets Under Management Annual Fee
Up to $100,000 1.90%
$100,001 - $250,000 1.80%
$250,001 - $500,000 1.70%
$500,001 - $1,000,000 1.60%
$1,000,001 - $2,000,000 1.50%
Above $2,000,000 1.40%

If you’d rather not worry about extraneous third-party fees, CAS offers its portfolio management service as a wrap fee program, meaning all associated costs are bundled into one rate. Aside from that, this fee schedule works exactly the same as its counterpart above.

Portfolio Management Wrap Fee Program
Assets Under Management Annual Fee
Up to $100,000 2.50%
$100,001 - $250,000 2.40%
$250,001 - $500,000 2.30%
$500,001 - $1,000,000 2.20%
$1,000,001 - $2,000,000 2.10%
Above $2,000,000 2.00%

Financial planning clients will pay some combination of hourly and fixed fees. The same goes for those subscribed to Cascadia’s pension consulting services, though these services also call for a 1.00% annual fee. All final rates will be disclosed to you in your advisory agreement with the firm.

Financial Planning and Pension Consulting Fees
Service Fee Schedule
Financial Planning
  • Up to $20,000 fixed fee
  • Up to $500 hourly fee
Pension Consulting
  • 1.00% annual fee
  • Up to $50,000 fixed fee
  • Up to $500 hourly fee

Check out the table below to see how Cascadia’s fees for its management services compare to those at similar financial advisor firms. Note that these fees are only estimates and actual costs may vary.

*Fee estimates only consider the maximum base fees for the services each firm provides. You may also pay manager fees and other fees, which can vary in amount. **All figures are based on median fee levels according to Bob Veres' 2017 Planning Profession Fee Survey. The above estimates solely take into account AUM-only fees. Total costs will likely be higher due to additional expenses.
Estimated Fee Comparison*
Your Assets Cascadia Advisory Services Portfolio Management Fees National Median Advisory Fees**
$500K $8,500 $5,000
$1MM $16,000 $8,500 - $10,000
$5MM $70,000 $25,000 - $32,500
$10MM $140,000 $50,000

What to Watch Out For

Certain employees at Cascadia Advisory Services are insurance agents or registered representatives of a broker-dealer. When these individuals sell insurance products or investment securities, respectively, they may have the opportunity to earn compensation beyond Cascadia’s normal fees. Although the receipt of these possible payments causes a conflict of interest, the firm is a fiduciary. This duty legally binds CAS to act in its clients’ best interests, no matter what.

Disclosures

Cascadia Advisory Services has a clean legal and regulatory record with no disclosures.

Opening an Account With Cascadia Advisory Services

Each of Cascadia Advisory Services’ locations has its own phone number. They go as follows:

  • Portland, OR: (503) 620-5236
  • SE Portland, OR: (503) 943-6687
  • McMinnville, OR: (503) 434-2757
  • Sherwood, OR: (503) 882-3986
  • Tillamook, OR: (503) 842-8213
  • Danville, CA: (925)-885-6020

In addition to this, Cascadia’s website features a directory with contact information for each of its financial advisors. Should none of these routes prove satisfactory, you can also email the firm at info@cascadiawm.com.

Where Is Cascadia Advisory Services Located?

Feel free to stop by one of Cascadia Advisory Services’ offices in:

  • Portland, OR: 8050 Southwest Pfaffle Street, Suite 100
  • SE Portland, OR: 5110 Southeast Powell Boulevard
  • McMinnville, OR: 207 Northeast 19th Street, Suite 302
  • Sherwood, OR: 16135 Southwest Railroad Street
  • Tillamook, OR: 612 Pacific Avenue
  • Danville, CA: 319 Diablo Road, Suite 103

Tips to Up Your Investment Game

  • Partnering with a financial advisor has many possible perks, as these individuals often have ample experience with investing and financial planning. Finding the right financial advisor that fits your needs doesn’t have to be hard. SmartAsset’s free tool matches you with financial advisors in your area in 5 minutes. If you’re ready to be matched with local advisors that will help you achieve your financial goals, get started now.
  • Taxes unfortunately take a chunk out of every investor’s returns, but it can be difficult to figure what to expect from these charges. To get an accurate read on how the capital gains tax will affect your portfolio, take a look at SmartAsset’s capital gains tax calculator.

How Many Years $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology To determine how long a $1 million nest egg would cover retirement costs in cities across America, we analyzed data on average expenditures for seniors, cost of living and investment returns.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. This reflects the typical return on a conservative investment portfolio. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research