Safeco Asset Management Company (Seattle)

Name: Safeco Asset Management Company
Address: 601 Union Street, Seattle, WA, 98101 4074
Telephone: 206-545-5743

Safeco Asset Management Company is a large advisory firm based in Seattle. It manages $4.43 billion of regulatory assets for 34 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Texas, Washington, and West Virginia.

Safeco Asset Management Company provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Safeco Asset Management Company: assets under management

The assets under management (AUM) of Safeco Asset Management Company is $4.43 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -26% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.43 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $130.37 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Safeco Asset Management Company for their services and products based on a percentage of assets under management 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.

Careers at Safeco Asset Management Company

Linda Corlett Mahaffey has been acting as President since 1 Aug 2004. Ronald Lee Spaulding has served as the Chief Investment Officer since 1 Jun 1982. Occum Acquisition Corporation joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Safeco Corporation (Nasdaq Safc)	Owner	1 Jun 1973	75% - 100%	91-0742146
Stephen Conrad Bauer	President and director	1 Aug 1981	Other	4351542
Ronald Lee Spaulding	Chief investment officer	1 Jun 1982	Other	2583049
David Franklin Hill	Director, senior vice president	1 Dec 1983	Other	1055841
David Homer Longhurst	Vice president controller	1 Jul 2000	Other	2660326
Roger Floyd Harbin	Director, senior vice president	1 Nov 2001	Other	2279776
Occum Acquisition Corporation	Owner	1 Aug 2004	75% - 100%	20-0978027
Linda Corlett Mahaffey	President	1 Aug 2004	Other	2533036
George Christopher Pagos	Secretary	1 Aug 2004	Other	2230252
Julie Margaret Bodmer	Assistant secretary	1 Aug 2004	Other	1801131
Colleen Mary Murphy	Assistant secretary	1 Aug 2004	Other	4842602
Daniel Bryan Schaaf	Assistant secretary	1 Aug 2004	Other	2617933
Jacqueline Marie Veneziani	Assistant secretary	1 Aug 2004	Other	4191618
Michael Fintan Murphy	Compliance officer	1 Aug 2004	Other	2907341

Based in Seattle

The principal office where Safeco Asset Management Company performs its advisory services is located at 601 Union Street, Seattle, WA 98101 4074 The mailing address of the firm is P.O. Box 34895, Seattle, WA 98124 1895. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 206-545-5743 or by fax 206-545-3446. The normal business hours are 8:00 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at www.safeco.com.