Fortiphi Financial LLC (Seattle)


Fortiphi Financial LLC is an adviser based in Seattle. It manages $65.81 million of regulatory assets for 111 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Washington.

Fortiphi Financial provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fortiphi Financial: assets under management

The assets under management (AUM) of Fortiphi Financial LLC is $65.81 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $19.58 million in discretionary accounts and $46.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $331.89 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $888.92 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fortiphi Financial LLC for their services and products based on a percentage of assets under management and commissions. 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.

Careers at Fortiphi Financial LLC

Walter Carpenter Young has been acting as President since 1 Jan 2012. Douglas Maines Trust Date 3/8/85 joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Pure And Simple Member 1 Feb 2009 75% - 100% 26-4510762
Gallant Tellex Pierre Chief compliance officer 1 Aug 2010 Other 5656179
Pierre Tellex Gallant Chief compliance officer 1 Aug 2010 Other 5656179
Douglas Maines Trust Date 3/8/85 Director 1 Jun 2011 Other xxx-xx-xxxx
Walter Carpenter Young President 1 Jan 2012 25% - 50% 1967829

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Gallant Tellex Pierre Member 1 Jul 2008 50% - 75% 5656179
Kathleen Gallant Member 1 Jul 2008 50% - 75% 5906503
Pierre Tellex Gallant Member 1 Jul 2008 50% - 75% 5656179

Based in Seattle

The principal office where Fortiphi Financial LLC performs its advisory services is located at 425 Pontius Ave. N., Seattle, WA 98109, which is also the mailing address of the firm. An additional office of the firm is in Bellevue, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 206-588-7500 or by fax 206-588-7501. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.claraphi.com.