Northern Capital Management offers asset management and financial planning to individuals, families, corporations, foundations, and endowments. Financial planning covers budgeting, cash flow, retirement, tax, investments, estate, insurance, college, and charitable giving. Investment advice is tailored to the client's situation and risk tolerance. A separate Financial Planning Only service is available to new clients with a Washington State Medical Association membership.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $3.0M | 1.00% |
| $3M+ | 0.75% |
Standard fee schedule. The fee schedule for Fixed Annuities is 0.5% annually. The fee schedule for accounts that are assigned a Pure Preservation Investment Objective is 0.5% annually on the first $500,000 of billable assets and 0.0% thereafter. The fee schedule for 529 plan accounts is based on the level of asset management services our firm provides: Those that are invested using an age-based track where the investments automatically become more conservative over time are not assessed a fee. Those that are invested using a static portfolio where the investments are reviewed and updated periodically by Northern Capital are charged 0.50% annually. WSMA member fee schedule is 0.9% annually on assets under management up to $3,000,000 and 0.675% thereafter. The fee schedules are negotiable and subject to approval by the Chief Operations Officer. Exceptions to the WSMA Member rate above are as follows: The fee schedule for Fixed Annuities is 0.45% annually. The fee schedule for accounts that are assigned a Pure Preservation Investment Objective is 0.45% annually on the first $500,000 of billable assets and 0.0% thereafter. The fee schedule for 529 plan accounts is based on the level of asset management services our firm provides: Those that are invested using an age-based track where the investments automatically become more conservative over time are not assessed a fee. Those that are invested using a static portfolio where the investments are reviewed and updated periodically by Northern Capital are charged 0.45% annually.