Sage Advisors, LLC (Edmonds)


Sage Advisors, LLC is a large advisory firm based in Edmonds. It manages $156.4 million of regulatory assets for 900 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, California, New York, and 3 other states.

Sage Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sage Advisors: assets under management

The assets under management (AUM) of Sage Advisors, LLC is $156.4 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -18% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $156.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $173.78 thousand each.

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 cash and cash equivalents, which make up 4% 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 Sage Advisors, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Sage Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Sage Advisors is high net worth individuals with 48 clients and $82.5 million of assets under management. Among the 7 most similar advisory firms, Sage Advisors has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $156.4 million for 339 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.

Sage Advisors doesn't advise any private funds.

Careers at Sage Advisors, LLC

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 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
Russell Darin Cole Manager 1 Jan 2001 75% - 100% 1531728
Llc Emm Group Member 1 Jul 2008 75% - 100% 26-2954379
Thomas Joseph Obrien Chief financial officer and chief compliance officer 1 Nov 2008 Other 3140832
David O Heia Member 1 Jan 2009 Other 5918247
William Ernest Aaron Founding member 1 Mar 2009 Other 42
David Elliot Aaron Co-chief executive officer and chief investment officer 1 Mar 2009 Other 5191284
Lloyd Mark Abramowitz Co-chief executive officer 1 Mar 2009 Other 2443919
Lawrence Schwartz Executive vice president 1 Mar 2009 Other 3140831
Susan Steinsapir Executive vice president 1 Mar 2009 Other 3140830
Michael Ronald Stein Co-chief executive officer 1 Mar 2009 Other 434737
Michael David Nelson Executive vice president 1 Oct 2013 Other 4895869
Stuart Ashley Evans Chief compliance officer 1 Mar 2018 Other 2424825
Jordan Donald Cole Member 1 Jun 2018 Other 5965525
Michael J Helke Chief compliance officer 1 Apr 2019 Other 6535790

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
William Ernest Aaron Member 1 Nov 2008 Other 42
Michael Ronald Stein Co-ceo 1 Nov 2008 Other 434737
Thomas Joseph Obrien Member 1 Mar 2009 Other 3140832

Based in Edmonds

The principal office where Sage Advisors, LLC performs its advisory services is located at 115 2 Nd Avenue North, Edmonds, WA 98020, which is also the mailing address of the firm. An additional office of the firm is in Newport Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 206-516-7991. The normal business hours are 7:00 - 4:00 pst on Monday - Friday.