Matthew Porras
Matthew Porras is a registered investment advisor at Northern Capital Retirement Services, INC., based in Spokane, WA, with 1 years of industry experience. Matthew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Retirement Planning. Their firm serves 22 clients with $260M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.50% |
| $1.0M - $10.0M | 0.35% |
| $10.0M - $50.0M | 0.20% |
| $50M+ | 0.15% |
Fee schedule for new clients with a Washington State Medical Association (WSMA) membership is: 0.450% on the first $1,000,000; 0.315% on assets between $1,000,000.01 and $10,000,000; 0.180% on assets between $10,000,000.01 and $50,000,000; 0.135% thereafter. For portfolios assigned a Pure Preservation Investment Objective the fee schedule is 0.5% (0.45% for WSMA members) annually on the first $500,000 of billable assets and 0.0% thereafter. For portfolios assigned a Cash Only Investment Objective no fee will be assessed. Non-standard fee schedules are negotiable.
Fee Estimator
Location
2700 South Southeast Boulevard, Suite 205, Spokane, WA, 99223-4984
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Matthew works as an independent contractor for DoorDash, providing delivery services. He dedicates minimal time to this activity.
Employment History
Current Registrations
Northern Capital Management, INC.
Northern Capital Retirement Services, INC.
Previous Registrations
Nylife Securities LLCBroker
State Registrations2 states
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