Kutscher Benner Barsness & Stevens, Inc. (Seattle)

Name: Kutscher Benner Barsness & Stevens, Inc.
Address: 705 Second Avenue, Suite 800, Seattle, WA, 98104
Telephone: 206-462-6100

Kutscher Benner Barsness & Stevens, Inc. is a large advisory firm based in Seattle. It manages $325.36 million of regulatory assets for 601 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, New Hampshire, Texas, and Washington.

Kutscher Benner Barsness & Stevens provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Kutscher Benner Barsness & Stevens: assets under management

The assets under management (AUM) of Kutscher Benner Barsness & Stevens, Inc. is $325.36 million. The company doesn't manage any assets belonging to foreign clients.

Kutscher Benner Barsness & Stevens has custody of $126.33 million in cash and securities for 71 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 87% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in exchange traded securities form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kutscher Benner Barsness & Stevens, Inc. for their services and products based on 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 Kutscher Benner Barsness & Stevens serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Kutscher Benner Barsness & Stevens is high net worth individuals with 103 clients and $304.02 million of assets under management. Among the 10 most similar advisory firms, Kutscher Benner Barsness & Stevens has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $317.15 million for 136 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.

Kutscher Benner Barsness & Stevens doesn't advise any private funds.

Careers at Kutscher Benner Barsness & Stevens, Inc.

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 7 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Frederic Tasker Kutscher	Principal & chief compliance officer	1 Nov 1992	25% - 50%	2141878
Scott Douglas Benner	Principal	1 Apr 2006	25% - 50%	5167937
Cameron Jamar Barsness	Principal	1 Jan 2015	Other	5915263
Ryan Victor Stevens	Principal	1 Jan 2015	Other	5984166

Based in Seattle

The principal office where Kutscher Benner Barsness & Stevens, Inc. performs its advisory services is located at 705 Second Avenue, Suite 800, Seattle, WA 98104, 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 206-462-6100 or by fax 206-382-4412. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at krbfinancial.com.