Rainier Group Investment Advisory LLC (Bellevue)

Name: Rainier Group Investment Advisory LLC
Address: 1 100 Th Avenue Ne, Suite 102, Bellevue, WA, 98004
Telephone: 425-463-3000

Rainier Group Investment Advisory LLC is a large advisory firm based in Bellevue. It manages $580.15 million of regulatory assets for 288 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, California, Ohio, and 4 other states.

Rainier Group Investment Advisory provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and private client services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rainier Group Investment Advisory: assets under management

The assets under management (AUM) of Rainier Group Investment Advisory LLC is $580.15 million. The firm's AUM has grown by 93% since the beginning of its operation, and $22.09 million of the total AUM is attributable to clients outside of the United States.

The firm manages $567.76 million in discretionary accounts and $12.39 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.99 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.13 million.

Rainier Group Investment Advisory has custody of $213.85 million in cash and securities for 108 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is investment and business development companies, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rainier Group Investment Advisory LLC 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 Mark Joseph Pellegrino 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 Mark Joseph Pellegrino is high net worth individuals with 125 clients and $450.73 million of assets under management. Among the 11 most similar advisory firms, Rainier Group Investment Advisory has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $580.15 million for 288 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.

Rainier Group Investment Advisory doesn't advise any private funds.

Careers at Rainier Group Investment Advisory LLC

The company employs 15 people that are either part- or full-time employees. 87 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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 receive compensation from other entities for client referrals.

Mark Joseph Pellegrino has been acting as President since 1 Mar 2012. Coldstream Holdings Inc joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rainier Group Inc.	Member	1 Nov 1999	75% - 100%	91-1413616
Norman Eugene Bell	Manager and president	1 Aug 2004	Other	17454
Norman Eugene Bell	Chief compliance officer	1 Oct 2004	Other	17454
Mark Pellegrino	Executive vice president	1 Feb 2006	Other	2276803
Mark Joseph Pellegrino	Managing principal	1 Feb 2006	Other	2276803
Jill Rebecca Young	Chief compliance officer	1 Feb 2009	Other	4195415
Norman Eugene Bell	Founder and principal	1 Mar 2012	Other	17454
Mark Joseph Pellegrino	President/chief compliance officer	1 Mar 2012	Other	2276803
Coldstream Holdings Inc	Shareholder	1 Apr 2017	75% - 100%	91-1413616
Erika Eng Yelle	Chief compliance officer	1 Apr 2017	Other	1632625
Philip Thomas Platt	Governor- llc; chief operating officer	1 Apr 2017	Other	4811718

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Michael Gruber	Shareholder & ceo	1 Apr 1988	25% - 50%	231266
Norman Eugene Bell	Shareholder & evp	1 Apr 1988	25% - 50%	17454
David Gordon Roberts	Shareholder & president	1 Mar 2012	25% - 50%	1875134
Kevin Michael Fitzwilson	President; chairman of the board	1 Apr 2017	25% - 50%	2511528

Based in Bellevue

The principal office where Rainier Group Investment Advisory LLC performs its advisory services is located at 1 100 Th Avenue Ne, Suite 102, Bellevue, WA 98004, 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 425-463-3000 or by fax 425-463-3044. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at rginv.com.