Multnomah Group, Inc. (Portland)

Name: Multnomah Group, Inc.
Address: 111 Sw 5 Th Avenue, Portland, OR, 97204
Telephone: 503-772-0159

Multnomah Group, Inc. is a large advisory firm based in Portland. It manages $560.74 million of regulatory assets for 298 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Oregon, Texas, and Washington.

Multnomah Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Multnomah Group: assets under management

The assets under management (AUM) of Multnomah Group, Inc. is $560.74 million. The firm's AUM has grown by 2012% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $494.74 million in discretionary accounts and $66 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.34 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $299.99 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 94% of the total AUM. The second-largest asset type is other assets, which make up 3% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Multnomah 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 Erik Benjamin Daley serves?

The firm provides services to individuals, charitable organizations, other investment advisers, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Erik Benjamin Daley is pension and profit sharing plans with 9 clients and $419.66 million of assets under management. Among the 7 most similar advisory firms, Multnomah Group has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $560.74 million for 40 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.

Multnomah Group doesn't advise any private funds.

Careers at Multnomah Group, Inc.

The company employs 17 people that are either part- or full-time employees. 65 percent of the employees work as investment advisers or researchers. 11 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Multnomah Group, Inc. is owned by Scott Alexander Cameron. Erik Benjamin Daley has been acting as President since 1 Nov 2003. Becki K Koldsbaek joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Scott Alexander Cameron	Owner/principal	1 Nov 2003	25% - 50%	4551100
Erik Benjamin Daley	Owner/president	1 Nov 2003	50% - 75%	2962404
Lesley Henkle Daley	Owner/shareholder	1 Nov 2003	Other	4477414
Brian Anthony Montanez	Shareholder	1 Jul 2007	Other	3184104
Brian Gregg Cameron	Shareholder	1 Jan 2009	Other	6096956
Amy J. Barber	Chief compliance officer	1 Sep 2012	Other	4900744
Amy Jo Barber	Chief compliance officer	1 Sep 2012	Other	4900744
Bonnie M Treichel	Chief compliance officer	1 Mar 2017	Other	5613808
Becki K Koldsbaek	Chief compliance officer	1 Sep 2019	Other	5514930

Based in Portland

The principal office where Multnomah Group, Inc. performs its advisory services is located at 111 Sw 5 Th Avenue, Portland, OR 97204, 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 503-772-0159 or by fax 800-997-3010. 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 multnomahgroup.com/.