Badgley, PheLPs And Bell, Inc. (Seattle)

Name: Badgley, PheLPs And Bell, Inc.
Address: 1420 Fifth Avenue, Seattle, WA, 98101 2349
Telephone: 206-623-6172

Badgley, PheLPs And Bell, Inc. is a large advisory firm based in Seattle. It manages $2.64 billion of regulatory assets for 1,614 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 16 other states.

Badgley, PheLPs And Bell provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Badgley, PheLPs And Bell: assets under management

The assets under management (AUM) of Badgley, PheLPs And Bell, Inc. is $2.64 billion. The firm's AUM has grown by 66% since the beginning of its operation, and $9.75 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.45 billion in discretionary accounts and $183.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.68 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.16 million.

Badgley, PheLPs And Bell has custody of $1.37 billion in cash and securities for 363 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 57% of the total AUM. The second-largest asset type is state and local bonds, which make up 20% of the firm’s portfolio. Investments in investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Badgley, PheLPs And Bell, Inc. for their services and products based on a percentage of assets under management and fixed fees. 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.

What kind of clients Badgley, PheLPs And Bell serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Badgley, PheLPs And Bell is high net worth individuals with 482 clients and $2.26 billion of assets under management. Among the 6 most similar advisory firms, Badgley, PheLPs And Bell has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $2.64 billion for 673 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Badgley, PheLPs And Bell doesn't advise any private funds.

Careers at Badgley, PheLPs And Bell, Inc.

The company employs 20 people that are either part- or full-time employees. 90 percent of the employees work as investment advisers or researchers. 18 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Clemmer Phelps	Director and chief executive officer	1 Jan 1990	Other	1632457
James Kevin Callaghan	Chairman, director and officer	1 Jan 1990	Other	2767423
Steven Phelps	Director and officer	1 Jan 1990	25% - 50%	1632457
J Callaghan	Director and officer	1 Jan 1990	25% - 50%	2767423
J Kevin Callaghan	Director and officer	1 Jan 1990	25% - 50%	2767423
Lisa Peightal Guzman	Director and chief operations officer	1 Jan 1996	Other	4346737
Mitzi Wilson Carletti	Officer	1 Jan 1998	Other	1025799
Clare Margaret Hansen	Officer	1 Jan 1998	Other	1372587
Scott Reid Vokey	General counsel	1 Aug 1999	Other	4346740
Helena G Barbey	Officer	1 Jan 2000	Other	12203
Helena Barbey Lankton	Officer	1 Jan 2000	Other	12203
Lisa Peightal Guzman	Chief compliance officer	1 Jan 2004	Other	4346737
Curtis Lee Pepin	Director, officer and director of marketing and sales	1 Oct 2006	Other	2551288
Michael Robert Gerke	Vice president	1 Jun 2014	Other	4557286

Based in Seattle

The principal office where Badgley, PheLPs And Bell, Inc. performs its advisory services is located at 1420 Fifth Avenue, Seattle, WA 98101 2349, 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 206-623-6172 or by fax 206-623-2042. The normal business hours are 8:00 a.m. to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at badgley.com.