Crowdstreet Advisors, LLC (Portland)

Name: Crowdstreet Advisors, LLC
Address: 621 Sw Morrison, Portland, OR, 97205
Telephone: 888-432-7693

Crowdstreet Advisors, LLC is an internet adviser based in Portland. It manages $9.5 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California and Oregon.

Crowdstreet Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, and online webinars. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Crowdstreet Advisors: assets under management

The assets under management (AUM) of Crowdstreet Advisors, LLC is $9.5 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $9.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.75 million each.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Crowdstreet Advisors, 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 Crowdstreet Advisors serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Crowdstreet Advisors is pooled investment vehicles with 1 clients and $9 million of assets under management. Among the 3 most similar advisory firms, Crowdstreet Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $9.5 million for 2 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.

Crowdstreet Advisors also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $25,000 for each fund.

Careers at Crowdstreet Advisors, LLC

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 compensates 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
Inc Crowdstreet	Parent corporation	1 Apr 2018	75% - 100%	46-2977615
Tore Steen	President, chief compliance officer	1 Apr 2018	Other	6973626
Tore Christopher Steen	Ceo, chief compliance officer	1 Apr 2018	Other	6973626

Based in Portland

The principal office where Crowdstreet Advisors, LLC performs its advisory services is located at 621 Sw Morrison, Portland, OR 97205, 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 888-432-7693. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at crowdstreetadvisors.com.