Nik founded Pure Portfolios with a vision to create a new client-centric experience. He believes in raising the standards of professional conduct within financial services. Nik shares his passion for investor rights, higher ethical standards, and financial markets through his weekly blog. Nik has been quoted in Investor's Business Daily, Portland Business Journal, WSJ, ETF.com and Financial Advisor Magazine.
He most recently held the position of Portfolio Manager at U.S. Trust, Bank of America Private Wealth Management. Nik earned a B.A. in Finance from Washington State University and earned the right to use the CFA designation. Nik has served as an adjunct finance professor at Washington State University Vancouver campus.
He enjoys golfing, coaching, reading and spending time with his wife and three children.
Pure Portfolios is a progressive investment manager that closely aligns client and advisor incentives. We believe in lowering the cost of investing and fees tied to client outcomes. As an independent firm, Pure Portfolios is free to express our client centric vision without the answering to shareholders or Wall Street analysts.
General Information |
| Firm Start Year: | 2016 | |
| No. of Employees: | 5-9 | |
| Name of Broker/Dealer: | Charles Schwab |
| Name of Custodial Firm: | Charles Schwab |
| Number of Years with Current Firm: | 7 |
| Work with the following types of clients: | 7685976861 |
| Advisory Services Provided: | Investment Advice & Management, Financial Planning |
Services |
| Investment Types: | Exchange Traded Funds (ETFs), Bonds, Stocks, Socially Responsible Investments (SRI) |
| Can meet clients in the following ways: | Your Home, Phone, Email, Video Conference |
Firm Information |
| Firm's Number of Clients: | 175 |
| Assets Managed by Firm: | 270000000 |
| Advisor's Number of Clients: | 40 |
| Assets Managed by Advisor: | $270,000,000 |
Compensation and Fees |
| Fee Structure: | Fee-Only |
| Compensation Methods: | Based on Assets |
| Additional Details on Charges: | We tie our management fees to client outcomes, discounting our fee rate during down markets. |
Education |
| BA Finance | Washington State University
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Disclosures |
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WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest. |
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Additional Detailed Disclosures |
Registered Investment Advisor:
Yes
Acknowledged fiduciary:
Yes
Compliance Disclosures in Last 5 years:
Have a clean record
Criminal Disclosures in Last 5 years:
Have a clean record
| Mon. | 9:00 AM - 5:00 PM |
| Tue. | 9:00 AM - 5:00 PM |
| Wed. | 9:00 AM - 5:00 PM |
| Thu. | 9:00 AM - 5:00 PM |
| Fri. | 9:00 AM - 5:00 PM |
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