Bay City Financial Services Inc (Bellingham)

Bay City Financial Services Inc is an adviser based in Bellingham. It manages $53.07 million of regulatory assets for 623 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Washington.

Bay City Financial Services provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bay City Financial Services: assets under management

The assets under management (AUM) of Bay City Financial Services Inc is $53.07 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 47% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $53.07 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $85.19 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bay City Financial Services 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.

Careers at Bay City Financial Services Inc

Gerald Spencer Wallace has been acting as President since 1 Oct 1997. Mark L Wallace joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gerald Spencer Wallace	President	1 Oct 1997	75% - 100%	2317074
Mark L Wallace	Chief compliance officer	1 Sep 2004	Other	3133164

Based in Bellingham

The principal office where Bay City Financial Services Inc performs its advisory services is located at 1255 Barkley Blvd. #102, Bellingham, WA 98226 The mailing address of the firm is Po Box 31550, Bellingham, WA 98228 3550. It doesn’t run an office outside of the United States.