Rainier Investment Management LLC (Seattle)

Name: Rainier Investment Management LLC
Address: 600 University Street, Seattle, WA, 98101
Telephone: 206-518-6600

Rainier Investment Management LLC is a large advisory firm based in Seattle. It manages $738.29 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Washington.

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

Rainier Investment Management: assets under management

The assets under management (AUM) of Rainier Investment Management LLC is $738.29 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -93% since the beginning of its operation, and $177.9 million of the total AUM is attributable to clients outside of the United States.

The firm manages $738.29 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $123.05 million each.

Investments

The firm invests in exchange traded securities the most. They account for 90% 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 other assets form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Rainier Investment Management LLC 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.

What kind of clients James Michael Ridgeway serves?

The firm provides services to investment companies, pooled investment vehicles, and corporations or other businesses. The largest group of clients of James Michael Ridgeway is investment companies with 1 clients and $452.41 million of assets under management. Among the 7 most similar advisory firms, Rainier Investment Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $738.29 million for 5 clients. 50% of the firm’s clients are foreign persons or businesses.

Rainier Investment Management doesn't advise any private funds.

Careers at Rainier Investment Management LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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.

James Michael Ridgeway has been acting as President since 1 Feb 2011. Mark Hamilton Dawson has served as the Chief Investment Officer since 1 Jun 2002. Marc Orlans Mayer joined the executive team most recently as the Ceo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Hamilton Dawson	Chief investment officer	1 Jun 2002	Other	2772623
Lisa Marie Thenell	Chief compliance officer	1 May 2008	Other	2008781
Melodie Brasher Zakaluk	Chief operating officer	1 Jan 2011	Other	2707550
James Michael Ridgeway	President	1 Feb 2011	Other	2629340
James Michael Ridgeway	President	1 Sep 2011	Other	2629340
Frederick Harrison Sherley	General counsel	1 May 2012	Other	6289786
Inc. Rainier Im	Holder of class a units (non-voting) of rainier investment management, llc	1 Dec 2013	75% - 100%	91-1457076
Manning & Napier Group	Member	1 Apr 2016	75% - 100%	45-3328488
Lp Rainier Investment Management	Member	1 Apr 2016	Other	46-4251841
Llc Manning & Napier Group	Sole owner	1 Apr 2016	75% - 100%	45-3328488
Jessica Michele Kushner	Chief compliance officer	1 May 2017	Other	5503211
Jeffrey Scott Coons	President	1 Mar 2018	Other	2484535
Emmons Melampy John	Corporate secretary	1 Mar 2018	Other	6960410
Sarah Christine Turner	Corporate secretary	1 Sep 2018	Other	6960298
Marc Orlans Mayer	Ceo	1 Jan 2019	Other	2120110

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Richard Margard	Shareholder	1 May 1991	25% - 50%	2109785
Mark Hamilton Dawson	Shareholder	1 Jul 2002	25% - 50%	2772623
William Manning	Managing member	1 Jun 2011	50% - 75%	1552093
Manning & Napier Inc.	Sole managing member	1 Jun 2011	Other	45-2609100
M&N Group Holdings Llc	Member	1 Oct 2011	75% - 100%	45-3776245
Inc. Rainier Investment Management	General partner	1 Apr 2016	Other	38-3925128

Based in Seattle

The principal office where Rainier Investment Management LLC performs its advisory services is located at 600 University Street, Seattle, WA 98101, which is also the mailing address of the firm. An additional office of the firm is in Fairport, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 206-518-6600 or by fax 206-518-6601. The normal business hours are 7:00am - 4:00pm on Monday - Friday. You can find more information about the New York firm at rainierfunds.com.