Madrona Funds, LLC (Everett)

Madrona Funds, LLC is an investment adviser to an investment company based in Everett. It manages $54.32 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Washington.

Madrona Funds provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Madrona Funds: assets under management

The assets under management (AUM) of Madrona Funds, LLC is $54.32 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 35% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $54.32 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $18.11 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Madrona Funds, 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 Madrona Funds serves?

The only and largest group of clients of Madrona Funds is investment companies with 3 clients and $54.32 million of assets under management. Among the 1 most similar advisory firms, Madrona Funds has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $54.32 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Madrona Funds doesn't advise any private funds.

Careers at Madrona Funds, LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Brian Kelly Evans	Managing member	1 Sep 2010	75% - 100%	4004458
Robert Watson Bauer	Member	1 Sep 2010	Other	4468723
Kristi Rae Henderson	Member	1 Sep 2010	Other	5452082
Kristi Rae Henderson	Chief compliance officer	1 Nov 2010	Other	5452082

Based in Everett

The principal office where Madrona Funds, LLC performs its advisory services is located at 2911 Bond Street, Everett, WA 98201, 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 425-212-3777 or by fax 425-252-4779. The normal business hours are 8-5 on Monday - Friday.