Affiliates • Northrim Bank



Meet the Family

Northrim’s family of companies includes acquisitions that have strengthened Northrim's ability to provide enhanced community banking and financial services. Northrim Investment Services, Northrim Funding Services, Pacific Portfolio and Residential Mortgage all complement core community banking activity, strengthen the diversity of income streams and enable Northrim to offer complete financial services to meet customer needs. The acquisitions of Alaska First Bank and Trust and Alaska Pacific Bank have been vital to the growth of Northrim Bank.

Northrim Investment Services

Northrim Investment Services

Northrim Investment Services provides investment services through Elliott Cove Capital Management and Elliott Cove Insurance Agency. Their registered investment advisers serve both businesses and individuals in selecting and managing investments ranging from standard portfolio options and fixed annuities for individuals, to attractive employee retirement packages for businesses.

Northrim Investment Services offers investments through Elliott Cove Capital Management, an investment firm registered with the U.S. Securities and Exchange Commission. Elliott Cove Investment products are not FDIC insured, not a deposit or obligation of, or guaranteed by any bank, and may lose value, including possible loss of the principal amount invested. Northrim Bank and Northrim Investment Services are not affiliated companies of Elliott Cove Capital Management.

Northrim Funding Services

Northrim Funding Services

Northrim Funding Services assists capital-constrained small to mid-size businesses as well as businesses experiencing rapid growth or change by providing asset-based lending and factoring (purchasing) of accounts receivable.

This wholly-owned division of the Bank also offers consulting services and financial solutions to help transition businesses back to conventional bank lending programs. They serve businesses in Alaska, Washington and the greater Pacific Northwest.

Residential Mortgage

Residential Mortgage

An affiliate since 1998 and a wholly owned Northrim subsidiary since December 2014, Residential Mortgage is a leader in Alaska's mortgage origination industry with offices in Anchorage, Eagle River, Wasilla, Fairbanks, Soldotna, Kodiak and Juneau. Residential Mortgage also originates loans for properties in select Lower 48 states.

The company offers conventional national mortgages and Alaska Housing Finance Corporation (AHFC) mortgage loans, as well as an in-house portfolio mortgage program which enables buyers to purchase Alaska properties that fall outside the requirements of a conventional loan.

Residential Mortgage's strength hinges on the experience and longevity of its people as well as its in-depth local market expertise. The company has some of the most seasoned people in the state, many with 20+ years of industry experience. This experience combined with an intensive training program, high levels of customer service and networking with associations and trade groups results in a deep understanding of the state and market.

Residential Mortgage, LLC
NMLS# 167729

Pacific Wealth Advisors

Pacific Wealth Advisors

Pacific Wealth Advisors is the holding company for Pacific Portfolio Consulting, LLC and Pacific Portfolio Trust Company (Pacific Portfolio). Pacific Portfolio is an independent wealth management and investment advisor, serving high-net-worth individuals and families as well as institutions including endowments, foundations and trustee- or participant-directed retirement plans.

Part of the Northrim family of companies since 2006, Pacific Portfolio helps clients manage their personal wealth or meet their fiduciary responsibilities. Established in 1992 as a fee-only advisor, Pacific Portfolio has a team with combined experience of more than 225 years.

In recognition of its experience and quality, Pacific Portfolio has repeatedly been named a Seattle Five Star Wealth Manager. The firm's president and CEO, Larry Hood, is also featured on Barron's Top 100 Independent Wealth Advisors List.

Not insured by the FDIC or any other federal government agency. Not a deposit of or guaranteed by Northrim Bank. May lose value.

Alaska First Bank and Trust, and Alaska Pacific Bank

Alaska First Bank & Trust and Alaska Pacific Bank

At Northrim we are proud to honor the legacy of banking in Alaska. Throughout our history we have been able to continue to grow due to the acquisition of local banks. These acquisitions have allowed us to expand our reach throughout Alaska while maintaining the high level of service that Alaskans have come to expect from Northrim and our family of companies.

The acquisitions of Alaska First Bank & Trust and Alaska Pacific Bank have been vital to the growth of Northrim Bank. The products, services and employees that were added to the Northrim family helped grow the bank's suite of amenities that help the team provide Superior Customer First Service.