Tenbridge Partners LLC (Portland)

Name: Tenbridge Partners LLC
Address: 806 Sw Broadway, Suite 800, Portland, OR, 97205
Telephone: 971-277-1077

Tenbridge Partners LLC is a large advisory firm based in Portland. It manages $110 million of regulatory assets for 794 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Oregon, Texas, and Washington.

Tenbridge Partners provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tenbridge Partners: assets under management

The assets under management (AUM) of Tenbridge Partners LLC is $110 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $110 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $138.54 thousand each.

Tenbridge Partners has custody of $60.7 million in cash and securities for 219 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 67% of the total AUM. The second-largest asset type is state and local bonds, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tenbridge Partners LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tenbridge Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Tenbridge Partners is high net worth individuals with 36 clients and $57.46 million of assets under management. Among the 4 most similar advisory firms, Tenbridge Partners has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $109.16 million for 263 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.

Tenbridge Partners doesn't advise any private funds.

Careers at Tenbridge Partners LLC

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Erik Fw Lawrence	President and managing partner	1 Oct 2011	75% - 100%	4565203
Brent Wesley Norman	Executive partner and founding member	1 Oct 2011	Other	1094359
Philip Joel Richman	Associate partner	1 Jan 2017	Other	2838530
Suzanna Sarah Mckirdie	Operations manager and chief compliance officer	1 May 2018	Other	1527666

Based in Portland

The principal office where Tenbridge Partners LLC performs its advisory services is located at 806 Sw Broadway, Suite 800, Portland, OR 97205, 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 971-277-1077 or by fax 971-277-1088. The normal business hours are 8a - 4p on Monday - Friday. You can find more information about the New York firm at tenbridgepartners.com.