Rain Capital Management, LLC is a large advisory firm based in Portland. It manages $308.4 million of regulatory assets for 601 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Oregon, Texas, and Washington.
Rain Capital Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and charitable foundations. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
Rain Capital Management: assets under management
The assets under management (AUM) of Rain Capital Management, LLC is $308.4 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $308.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $513.15 thousand each.
Rain Capital Management has custody of $141.85 million in cash and securities for 76 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in investment and business development companies the most. They account for 60% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 14% of the firm’s portfolio. Investments in government bonds form 10% of the total invested assets.
