Northrim Adviser provides portfolio management for pooled vehicles. The firm advises 3 private funds.
Northrim Adviser reports 3 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($556M across 3 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 3 | $556M | 100.0% | $185M |
| Total | 3 | $556M | 100% | $185M |
- Clients
- 3
- Regulatory AUM
- $556M
- AUM share
- 100.0%
- Avg. per client
- $185M
Total
- Clients
- 3
- Regulatory AUM
- $556M
- AUM share
- 100%
- Avg. per client
- $185M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 3
Northrim Adviser is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Bradley Gulbrandsen owns 75% or more of Northrim Adviser. It has 12 employees.
Staff
- 12 employees
- 12 in advisory functions
- Owns 75% or more of Northrim Adviser, LLC
Bradley Gulbrandsen
Control person · since December 2019
Northrim Adviser’s regulatory assets grew 2.9× from $195M (March 2023) to $556M (March 2026); clients rose from 2 to 3 and employees from 3 to 12.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $556M | 3 | 12 | 1 |
| Mar 2025March 2025 | $522M | 3 | 7 | 1 |
| Mar 2024March 2024 | $261M | 2 | 6 | 1 |
| Mar 2023March 2023 | $195M | 2 | 3 | 1 |
Besides its headquarters, Northrim Adviser has 0 offices, with 1 listed address in 1 state.
Arizona · 1 listed address
- 2500 South Power Road, Suite 226, MesaHQ
Contact and registration details
- Legal name
- Northrim Adviser, LLC
- Headquarters
- 2500 South Power Road, Suite 226, Mesa, AZ 85209
- Website
- Not reported
- Phone
- 480-206-7683
- SEC file
- 801-127586
- Structure
- Delaware LLC
- Fiscal year end
- December
Northrim Adviser has custody of client assets.
How many clients does Northrim Adviser have?
Northrim Adviser has 3 clients and manages $556 million for them, as of March 2026. They include 3 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 March 2026
What services does Northrim Adviser offer?
Northrim Adviser provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Northrim Adviser have?
Northrim Adviser has 0 investment adviser representatives registered with state securities authorities, out of 12 employees, and 12 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Northrim Adviser?
Northrim Adviser’s direct owner is Bradley Gulbrandsen (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 4 March 2026
How does Northrim Adviser get paid?
Northrim Adviser is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Northrim Adviser?
Northrim Adviser’s main office is at 2500 South Power Road, Suite 226, Mesa, AZ 85209. Its phone number is 480-206-7683.