Financial Investment Team, Inc. (Portland)

Name: Financial Investment Team, Inc.
Address: 15350 Sw Sequoia Pkwy, Portland, OR, 97224
Telephone: 503-906-5205

Financial Investment Team, Inc. is a large advisory firm based in Portland. It manages $107.86 million of regulatory assets for 816 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Colorado, and 3 other states.

Financial Investment Team provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Financial Investment Team: assets under management

The assets under management (AUM) of Financial Investment Team, Inc. is $107.86 million. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $107.8 million in discretionary accounts and $51.81 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $132.27 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $51.81 thousand.

Financial Investment Team has custody of $74.81 million in cash and securities for 245 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 59% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in exchange traded securities form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Financial Investment Team, Inc. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Julie Kathryn Clearman serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Julie Kathryn Clearman is individuals with 431 clients and $56.09 million of assets under management. Among the 8 most similar advisory firms, Financial Investment Team has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $105.96 million for 452 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.

Financial Investment Team doesn't advise any private funds.

Careers at Financial Investment Team, Inc.

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives 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.

Julie Kathryn Clearman has been acting as President since 1 Aug 2011. Donald Lee Harrison joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Diana Lj Harrison	President/chief compliance officer	1 Jan 2007	75% - 100%	4333412
Julie Kathryn Clearman	Director	1 Aug 2011	Other	5229279
Donald Lee Harrison	Director	1 Aug 2011	Other	5750105

Based in Portland

The principal office where Financial Investment Team, Inc. performs its advisory services is located at 15350 Sw Sequoia Pkwy, Portland, OR 97224, 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 503-906-5205 or by fax 503-639-4292. The normal business hours are 9:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at fi-team.com.