Umpqua Investments, Inc. (Portland)

Name: Umpqua Investments, Inc.
Address: One Sw Columbia Street, Portland, OR, 97204
Telephone: 503-226-7000

Umpqua Investments, Inc. is a large advisory firm based in Portland. It manages $704.43 million of regulatory assets for 2,195 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alaska, Arizona, Arkansas, and 40 other states.

Umpqua Investments provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Umpqua Investments: assets under management

The assets under management (AUM) of Umpqua Investments, Inc. is $704.43 million. The firm's AUM has grown by 406% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $514.73 million in discretionary accounts and $189.7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $332.73 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $292.74 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 81% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Umpqua Investments, Inc. for their services and products based on a percentage of assets under management. 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 Cort Lane O'haver serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Cort Lane O'haver is individuals with 1,965 clients and $404.17 million of assets under management. Among the 9 most similar advisory firms, Umpqua Investments has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $702.98 million for 2,191 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.

Umpqua Investments doesn't advise any private funds.

Careers at Umpqua Investments, Inc.

The company employs 79 people that are either part- or full-time employees. 72 percent of the employees work as investment advisers or researchers. 66 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Cort Lane O'haver has been acting as President since 1 Jan 2014. Steven Byungkwan Chang joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jennifer Ann Staggenborg	Financial operations officer	1 Nov 1999	Other	1019115
Umpqua Holdings Corporation	Owner	1 Dec 1999	75% - 100%	93-0419143
Raymond Preston Davis	Chairman	1 Dec 1999	Other	5686146
William Arnold Lansing	Director	1 Apr 2004	Other	5680804
David Braden Frohnmayer	Director	1 Apr 2004	Other	5680798
Stephen Michael Gambee	Director	1 Apr 2005	Other	5676964
Harry Lynn Striplin	Chief compliance officer & rosfp	1 Dec 2008	Other	1023235
Peggy Yevonne Fowler	Director	1 Apr 2009	Other	5682511
John Morton Noble	Ceo, president	1 Jun 2009	Other	1014339
Jeani Theresa Winterbourne	Sr. vice president	1 Jun 2009	Other	1075564
Jose Ramon Hermocillo	Director	1 Apr 2010	Other	5788577
Luis F Machuca	Director	1 Apr 2010	Other	5788578
Jeani Theresa Winterbourne	Ceo, president & director	1 Aug 2010	Other	1075564
Dudley Richard Slater	Director	1 Jan 2012	Other	6033777
Frank Richard Johnstone Whittaker	Director	1 Apr 2012	Other	6063060
James Scott Greene	Director	1 Dec 2012	Other	6157270
Cort Lane O'haver	Director	1 Jan 2014	Other	6285437
Kelly John Johnson	Director	1 Jan 2014	Other	1498175
John Gregory Seibly	Director	1 Jun 2014	Other	6362893
Heather Honey Anderson	Principal operations officer	1 Oct 2015	Other	2621029
Torran Blake Nixon	Director	1 Jan 2017	Other	1831103
Kent Allen Grubaugh	Director	1 Oct 2017	Other	2872270
John Eric Field	Ceo, director	1 Apr 2018	Other	3087232
Steven Byungkwan Chang	Chief compliance officer	1 Sep 2019	Other	4386630
Ryan John Brown	Rosfp	1 Sep 2019	Other	2977255

Based in Portland

The principal office where Umpqua Investments, Inc. performs its advisory services is located at One Sw Columbia Street, Portland, OR 97204, which is also the mailing address of the firm. An additional office of the firm is in Sacramento, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 503-226-7000 or by fax 503-226-0202. The normal business hours are 7:30 am - 4:15 pm on Monday - Friday. You can find more information about the New York firm at umpquainvestments.com.