Silver Oak Advisory Group, Inc. (Portland)

Name: Silver Oak Advisory Group, Inc.
Address: 1130 Sw Morrison St, Portland, OR, 97205 2217
Telephone: 503-242-1715

Silver Oak Advisory Group, Inc. is a large advisory firm based in Portland. It manages $235.55 million of regulatory assets for 635 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Oregon, Texas, and Washington.

Silver Oak Advisory Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Silver Oak Advisory Group: assets under management

The assets under management (AUM) of Silver Oak Advisory Group, Inc. is $235.55 million. The firm's AUM has grown by 59% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $170.1 million in discretionary accounts and $65.45 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $355.86 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $416.87 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is cash and cash equivalents, 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 Silver Oak Advisory Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Jessica Marie Howe serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Jessica Marie Howe is high net worth individuals with 104 clients and $195.17 million of assets under management. Among the 5 most similar advisory firms, Silver Oak Advisory Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $235.55 million for 169 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.

Silver Oak Advisory Group doesn't advise any private funds.

Careers at Silver Oak Advisory Group, 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. 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.

Jessica Marie Howe has been acting as President since 1 Jan 2012. Benjamin Ezra Gilbert joined the executive team most recently as the Secretary, Treasurer And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Deborah Leola Thomas	President/chief compliance officer	1 Apr 2001	75% - 100%	2121031
Benjamin Ezra Gilbert	Secretary, treasurer and chief compliance officer	1 Jan 2012	50% - 75%	5153631
Jessica Marie Howe	President	1 Jan 2012	50% - 75%	5529814

Based in Portland

The principal office where Silver Oak Advisory Group, Inc. performs its advisory services is located at 1130 Sw Morrison St, Portland, OR 97205 2217, 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 503-242-1715 or by fax 503-242-1808. The normal business hours are m-th 9am to 4pm; fri 9am to noon on Monday - Friday. You can find more information about the New York firm at silveroak.net and its LinkedIn profile.