Bear Mountain Capital Inc. (Seattle)

Name: Bear Mountain Capital Inc.
Address: 1424 4 Th Avenue, Ste. 814, Seattle, WA, 98101
Telephone: 206-420-3713

Bear Mountain Capital Inc. is a large advisory firm based in Seattle. It manages $156.13 million of regulatory assets for 579 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Hawaii, Texas, and Washington.

Bear Mountain Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bear Mountain Capital: assets under management

The assets under management (AUM) of Bear Mountain Capital Inc. is $156.13 million. The firm's AUM has grown by 44% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $155.4 million in discretionary accounts and $727 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $269.33 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $363.5 thousand.

Bear Mountain Capital has custody of $4.41 million in cash and securities for 41 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 88% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 6% of the firm’s portfolio. Investments in other assets form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bear Mountain Capital 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 Bear Mountain Capital serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Bear Mountain Capital is high net worth individuals with 51 clients and $111.68 million of assets under management. Among the 9 most similar advisory firms, Bear Mountain Capital has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $150.61 million for 176 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.

Bear Mountain Capital also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Bear Mountain Capital Inc.

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Joey Leslie Day	Chief compliance officer	1 Jul 2009	75% - 100%	2929289

Based in Seattle

The principal office where Bear Mountain Capital Inc. performs its advisory services is located at 1424 4 Th Avenue, Ste. 814, Seattle, WA 98101, 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 206-420-3713 or by fax 206-420-8292. The normal business hours are 9:00 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at bearmountaincapital.com.