First Washington Corporation
Assets Under Management
$427.5M
Number of Clients
31
Number of Advisors
3
Average Client AUM
$13.8M
AUM per Advisor
$142.5M
Compensation
Fee-Only (AUM)
About This Firm
First Washington Corporation, founded in 1937, offers discretionary portfolio management services to individuals, corporations, trusts, estates, charitable organizations, and retirement plans. They focus on individual stocks, cash, and cash alternatives, providing advice on asset allocation and investment selection. Account supervision is guided by client objectives and tax considerations.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $10.0M | 1.00% |
| $10M+ | 1.00% |
Fees negotiable for accounts over $10,000,000.
Fee Estimator
The annual advisory fee is 1.00% for assets up to $10,000,000. Fees over $10,000,000 are negotiable. Fees are billed quarterly, either in advance or arrears. The minimum account size is $250,000. Clients are responsible for brokerage commissions, transaction fees, and other related costs. U.S. Bank Institutional Trust & Custody charges a fee of 5 basis points on market value, with a minimum of $500 per year.
Areas of Practice
Location
2001 6th Ave, Ste 3400, Seattle, WA, 98121