Northern Capital Management, Inc. logo

Northern Capital Management, Inc.

Updated today

Client assets under management

$517,833,729

Clients

719

20% high-net-worth

Advisors

10

of 11 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

72

High

Average account size

$720,214

About

Northern Capital Management serves individual and family clients (including high-net-worth individuals) as well as organizations and employer-sponsored retirement plans. The firm provides discretionary portfolio management, financial planning, rollover assistance, and retirement-plan advisory services, including selecting and managing plan menus and acting as a 3(38) investment manager for sponsors that delegate fiduciary responsibility.

Investment decisions are driven by an in-house Investment Committee that uses model portfolios (Investment Objectives) and a long-term asset-allocation focus rather than short-term market timing, combining mutual funds and ETFs with fundamental analysis for individual securities. The committee incorporates third‑party research and quantitative tools — notably the Fi360 Fiduciary Score® and Morningstar sustainability ratings — and documents investment policy statements and annual plan reviews for sponsors and participants.

Northern Capital is noteworthy for its affiliation with a separate registered adviser focused on retirement services (Northern Capital Retirement Services), and for formal procedures intended to manage the related conflicts (for example, alternating trade priority and documented rollover guidance). The firm also maintains referral and promoter relationships (including a promoter agreement with a professional association), distributes educational content and periodic communications via website/email/social channels, and routinely hosts seminars/webinars — practices that are less common among similarly sized team firms.

Client services

Financial planning Portfolio management Pension consulting Newsletters or periodicals Educational seminars or workshops Educational webinars

Expertise

Retirement income strategy Income planning Charitable giving & philanthropy College savings (529s, UTMA, etc.)

Occupation focus

Doctor or Medical Professional Founder/Business Owner

Demographic focus

Mid-Career Professionals

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Fee options

Percentage

$0 - $3,000,000: 1.00% annually (standard individual clients) $3,000,000.01+: 0.75% annually (standard individual clients) $0 - $3,000,000: 0.90% annually (WSMA members new clients only) $3,000,000.01+: 0.675% annually (WSMA members new clients only) $0 - $1,000,000: 0.50% annually (standard retirement plan clients) $1,000,000.01 - $10,000,000: 0.35% annually (standard retirement plan clients) $10,000,000.01 - $50,000,000: 0.20% annually (standard retirement plan clients) $50,000,000.01+: 0.15% annually (standard retirement plan clients) $0 - $1,000,000: 0.45% annually (WSMA members retirement plan clients new clients only) $1,000,000.01 - $10,000,000: 0.315% annually (WSMA members retirement plan clients new clients only) $10,000,000.01 - $50,000,000: 0.180% annually (WSMA members retirement plan clients new clients only) $50,000,000.01+: 0.135% annually (WSMA members retirement plan clients new clients only)

Other

Fee-only: Fixed fee range $1,500 - $3,000; Update fee $750 - $1,500 (Financial Planning Only for WSMA members)

Main office location

Northern Capital Management, Inc.

2700 South Southeast Boulevard, Suite 205

Spokane WA 99223-4984, United States

Number of offices

2

Most active in

Arizona · California · Florida · Idaho · Louisiana · Montana · Nebraska · Oregon · Texas · Washington

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Molly C

CFP®, Series 66

Spokane, WA

Northern Capital Management, Inc.

Molly Chase is a CFP® with 22 years of industry experience, currently serving at Northern Capital Management, Inc. and Northern Capital Retirement Services, Inc. in Spokane, WA. She has been with Northern Capital Management since 2008 and Northern Capital Retirement Services since 2012. Northern Capital Management serves individual and family clients, including high-net-worth individuals, as well as organizations and employer-sponsored retirement plans. The firm emphasizes long-term asset allocation through model portfolios managed by an Investment Committee, using both fundamental analysis and third-party research tools to guide investment decisions.

Retirement income strategy Income planning Charitable giving & philanthropy College savings (529s, UTMA, etc.) Doctor or Medical Professional Founder/Business Owner Mid-Career Professionals
user avatar

Emily P

CFP®

Spokane, WA

Northern Capital Management, Inc.

Emily Paukert is a CFP® certificant with three years of industry experience. She has worked at Northern Capital Management, Inc. and Northern Capital Retirement Services, Inc. since 2025. Her prior experience includes six years at Moss Adams Wealth Advisors and three years at Moss Adams LLP. Outside of financial advising, she was employed by Maryhill Winery from 2023 to 2024. Northern Capital Management serves individual and family clients, including high-net-worth individuals, as well as organizations and employer-sponsored retirement plans. The firm emphasizes long-term asset allocation through an Investment Committee that uses model portfolios, combining mutual funds, ETFs, and fundamental analysis for individual securities while incorporating third-party research and quantitative tools.

Retirement income strategy Income planning Charitable giving & philanthropy College savings (529s, UTMA, etc.) Doctor or Medical Professional Founder/Business Owner Mid-Career Professionals
user avatar

Logan J

CFP®, Series 65

Spokane, WA

Northern Capital Management, Inc.

Logan Jones is a financial advisor at Northern Capital Management, Inc. in Spokane, WA, holding CFP® and Series 65 credentials with two years of industry experience. His prior work includes roles at Northern Capital Retirement Services, Trans-System Inc., and Eastern Washington University Housing and Residential Life. Northern Capital Management serves individual and family clients, including high-net-worth individuals, as well as organizations and employer-sponsored retirement plans. The firm employs a long-term asset-allocation approach driven by an in-house Investment Committee that utilizes model portfolios, third-party research, and documented investment policies.

Retirement income strategy Income planning Charitable giving & philanthropy College savings (529s, UTMA, etc.) Doctor or Medical Professional Founder/Business Owner Mid-Career Professionals
user avatar

Ethyn K

Series 65

Spokane, WA

Northern Capital Management, Inc.

Ethyn Killinger is a Series 65-licensed advisor with Northern Capital Management, Inc. in Spokane, WA, having two years of industry experience. Prior to joining Northern Capital Management and its affiliated Northern Capital Retirement Services, Ethyn worked several years at Mead High School. Northern Capital Management serves individual and family clients, organizations, and employer-sponsored retirement plans. The firm employs a long-term asset allocation strategy guided by an in-house Investment Committee, combining mutual funds, ETFs, and fundamental analysis, and is notable for its specialized retirement services and educational outreach.

Retirement income strategy Income planning Charitable giving & philanthropy College savings (529s, UTMA, etc.) Doctor or Medical Professional Founder/Business Owner Mid-Career Professionals
user avatar

Matthew P

Series 65

Spokane, WA

Northern Capital Management, Inc.

Matthew Porras is a financial advisor at Northern Capital Management, Inc. in Spokane, WA, holding a Series 65 designation with one year of industry experience. Prior to joining Northern Capital Management and Northern Capital Retirement Services in 2025, he worked at NYLIFE Securities LLC, New York Life Insurance Company, and Washington Trust Bank. Outside of his advisory role, he works occasionally as an independent contractor for DoorDash. Northern Capital Management serves individual and family clients, high-net-worth individuals, organizations, and employer-sponsored retirement plans, providing discretionary portfolio management, financial planning, rollover assistance, and retirement-plan advisory services. The firm’s investment decisions are guided by an in-house Investment Committee using model portfolios and a long-term asset allocation approach that combines mutual funds, ETFs, and fundamental analysis.

Retirement income strategy Income planning Charitable giving & philanthropy College savings (529s, UTMA, etc.) Doctor or Medical Professional Founder/Business Owner Mid-Career Professionals
user avatar

Laura H

CFP®, Series 66

Spokane, WA

Northern Capital Management, Inc.

Laura Hail is a CFP® and holds a Series 66 license, with 14 years of industry experience. She has worked with Northern Capital Management, Inc. since 2010 and its affiliate Northern Capital Retirement Services, Inc. since 2012. Northern Capital Management serves individual and family clients, including high-net-worth individuals, as well as organizations and employer-sponsored retirement plans. The firm uses an Investment Committee to guide discretionary portfolio management and retirement-plan advisory services with a long-term asset allocation focus, incorporating third-party research and a combination of mutual funds, ETFs, and fundamental analysis.

Retirement income strategy Income planning Charitable giving & philanthropy College savings (529s, UTMA, etc.) Doctor or Medical Professional Founder/Business Owner Mid-Career Professionals
user avatar

James W

CFP®, Series 63, Series 65

Spokane, WA

Northern Capital Management, Inc.

James Wilson is a CFP® with 30 years of experience and has worked at Northern Capital Management, Inc. since 1992. He has also been associated with Northern Capital Retirement Services, Inc. since 2012. Outside of his advisory role, he is a partner and voting shareholder in a commercial property ownership and rental business. Northern Capital Management serves individual and family clients, including high-net-worth individuals, as well as organizations and employer-sponsored retirement plans. The firm uses a long-term asset-allocation approach guided by an in-house Investment Committee and combines fundamental analysis with third-party research and quantitative tools to manage portfolios and retirement-plan advisory services.

Retirement income strategy Income planning Charitable giving & philanthropy College savings (529s, UTMA, etc.) Doctor or Medical Professional Founder/Business Owner Mid-Career Professionals
user avatar

Michelle W

Series 66

Spokane, WA

Northern Capital Management, Inc.

Michelle Warner is a financial advisor with Northern Capital Management, Inc. in Spokane, WA, holding a Series 66 designation and 20 years of industry experience. She has worked at Northern Capital Management since 1997 and Northern Capital Retirement Services since 2012. Northern Capital Management serves individual and family clients, including high-net-worth individuals, organizations, and employer-sponsored retirement plans. The firm employs a long-term, asset-allocation-driven investment approach overseen by an in-house Investment Committee, combining model portfolios with fundamental analysis and third-party research to guide discretionary portfolio management and retirement-plan advisory services.

Retirement income strategy Income planning Charitable giving & philanthropy College savings (529s, UTMA, etc.) Doctor or Medical Professional Founder/Business Owner Mid-Career Professionals
user avatar

Laurie S

Series 65

Spokane, WA

Northern Capital Management, Inc.

Laurie Silva is a Series 65-licensed advisor with Northern Capital Management, Inc. in Spokane, WA, bringing six years of industry experience. Her prior work includes a 17-year tenure at Mercer and roles at Northern Capital Retirement Services and Red Lion Hotels. Northern Capital Management serves individual and family clients, including high-net-worth individuals, as well as organizations and employer-sponsored retirement plans. The firm uses a long-term asset-allocation approach driven by an in-house Investment Committee that employs model portfolios, fundamental analysis, and third-party research to manage portfolios and retirement plan advisory services.

Retirement income strategy Income planning Charitable giving & philanthropy College savings (529s, UTMA, etc.) Doctor or Medical Professional Founder/Business Owner Mid-Career Professionals
user avatar

David H

CFP®, Series 66

Spokane, WA

Northern Capital Management, Inc.

David Holloway is a CFP® with 24 years of industry experience, currently serving at Northern Capital Management, Inc. since 2003 and Northern Capital Retirement Services, Inc. since 2012. He holds leadership roles in several aviation-related businesses and is president of a private family foundation. Northern Capital Management serves individual and family clients, including high-net-worth individuals, as well as organizations and employer-sponsored retirement plans, providing discretionary portfolio management, financial planning, and retirement-plan advisory services with a focus on long-term asset allocation and fiduciary oversight.

Retirement income strategy Income planning Charitable giving & philanthropy College savings (529s, UTMA, etc.) Doctor or Medical Professional Founder/Business Owner Mid-Career Professionals
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