Barwick & Partners, Inc. (Seattle)

Barwick & Partners, Inc. is a large advisory firm based in Seattle. It manages $1.51 billion of regulatory assets for 374 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Texas and Washington.

Barwick & Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and our president, in his personal capacity, serves as a named fiduciary (e.g., trustee, llc manager, etc.) for certain clients.. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Barwick & Partners: assets under management

The assets under management (AUM) of Barwick & Partners, Inc. is $1.51 billion. The firm's AUM has grown by 26% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.46 billion in discretionary accounts and $45.27 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.94 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $15.09 million.

Barwick & Partners has custody of $61.33 million in cash and securities for 60 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is investment and business development companies, which make up 25% of the firm’s portfolio. Investments in state and local bonds form 25% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Barwick & Partners, Inc. for their services and products based on a percentage of assets under management, hourly charges, 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 Barwick & Partners serves?

The firm provides services to charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Barwick & Partners is high net worth individuals with 211 clients and $1.07 billion of assets under management. Among the 10 most similar advisory firms, Barwick & Partners has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.51 billion for 252 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.

Barwick & Partners doesn't advise any private funds.

Careers at Barwick & Partners, Inc.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate 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
Jonathan Andrew Barwick	President & cco	1 Jun 2015	75% - 100%	1347131

Based in Seattle

The principal office where Barwick & Partners, Inc. performs its advisory services is located at 3825 Interlake Ave N., Seattle, WA 98103, 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 206-547-5000 or by fax 206-547-7060. The normal business hours are 9:00 - 4:00 on Monday - Friday.