We are dedicated to providing individuals and other types of clients with a wide array of investment
advisory services. We specialize in the following types of services: Asset Management, Financial
Planning & Consulting, Pension Consulting, Helios Quantitative Research, and Newsletters. Our firm
is a limited liability company formed in the State of Washington. Our firm has been in business as an
investment adviser since April 2014 and is owned by Benjamin Warren, Brian Deely, and Joe Gates.
Types of Advisory Services Offered
Asset Management:
We emphasize continuous and regular account supervision. As part of our asset management service,
we generally create a portfolio, consisting of individual stocks or bonds, exchange traded funds (“ETFs”),
options, mutual funds and other public and private securities or investments. The client’s individual
investment strategy is tailored to their specific needs and may include some or all of the previously
mentioned securities. Each portfolio will be initially designed to meet a particular investment goal,
which we determine to be suitable to the client’s circumstances. Once the appropriate portfolio has been
determined, we review the portfolio at least quarterly and if necessary, rebalance the portfolio based
upon the client’s individual needs, stated goals and objectives. Each client has the opportunity to place
reasonable restrictions on the types of investments to be held in the portfolio.
Financial Planning & Consulting:
We provide a variety of financial planning and consulting services to individuals, families and other
clients regarding the management of their financial resources based upon an analysis of the client’s
current situation, goals, and objectives. Generally, such financial planning services will involve
preparing a financial plan or rendering a financial consultation for clients based on the client’s
financial goals and objectives. This planning or consulting may encompass one or more of the
following areas: Investment Planning, Retirement Planning, Estate Planning, Charitable Planning,
Education Planning, Corporate and Personal Tax Planning, Cost Segregation Study, Corporate
Structure, Real Estate Analysis, Mortgage/Debt Analysis, Insurance Analysis, Lines of Credit
Evaluation, Business and Personal Financial Planning.
Our written financial plans or financial consultations rendered to clients usually include general
recommendations for a course of activity or specific actions to be taken by the clients. For example,
recommendations may be made that the clients begin or revise investment programs, create or revise
wills or trusts, obtain or revise insurance coverage, commence or alter retirement savings, or
establish education or charitable giving programs. It should also be noted that we refer clients to an
accountant, attorney or other specialist, as necessary for non-advisory related services. For written
financial planning engagements, we provide our clients with a written summary of their financial
situation, observations, and recommendations. For financial consulting engagements, we usually do
not provide our clients with a written summary of our observations and recommendations as the
process is less formal than our planning service. Plans or consultations are typically completed within
six (6) months of the client signing a contract with us, assuming that all the information and
documents we request from the client are provided to us promptly. Implementation of the
recommendations will be at the discretion of the client.
ADV Part 2A – Firm Brochure Page 5 Clear Creek Financial Management, LLC
Pension Consulting:
We provide pension consulting services to employer plan sponsors on a one-time or ongoing basis.
Generally, such pension consulting services consist of assisting employer plan sponsors in
establishing, monitoring and reviewing their company's participant-directed retirement plan. As the
needs of the plan sponsor dictate, areas of advising could include: investment options, plan structure
and participant education.
All
pension consulting services shall be in compliance with the applicable state law(s) regulating
pension consulting services. This applies to client accounts that are pension or other employee
benefit plans (“Plan”) governed by the Employee Retirement Income Security Act of 1974, as
amended (“ERISA”). If the client accounts are part of a Plan, and we accept appointments to provide
our services to such accounts, we acknowledge that we are a fiduciary within the meaning of Section
3(21) of ERISA (but only with respect to the provision of services described in section 1 of the
Pension Consulting Agreement).
Helios Quantitative Research:
Helios Quantitative Research provides ongoing consulting services for their algorithm-based
approach to investment modeling to other investment advisers. Consulting services may include the
aid in implementation of investment models and analysis of portfolios or specific securities. Specific
investments may be based on risk mitigation, diversification, time horizon, economic cycle and tax
efficiency needs. Helios Quantitative Research performs ongoing research at the asset class level and
may provide specific recommendation for portfolios and individual securities.
Referrals to Third Party Money Managers:
Our firm utilizes the services of third party money managers for the management of client accounts.
Investment advice and trading of securities will only be offered by or through the chosen third party
money manager. Our firm will not offer advice on any specific securities or other investments in
connection with this service. Prior to referring clients, our firm will provide initial due diligence on third
party money managers and ongoing reviews of their management of client accounts. In order to assist
in the selection of a third party money manager, our firm will gather client information pertaining to
financial situation, investment objectives, and reasonable restrictions to be imposed upon the
management of the account.
Our firm will periodically review third party money manager reports provided to the client at least
annually. Our firm will contact clients from time to time in order to review their financial situation
and objectives; communicate information to third party money managers as warranted; and, assist
the client in understanding and evaluating the services provided by the third party money manager.
Clients will be expected to notify our firm of any changes in their financial situation, investment
objectives, or account restrictions that could affect their financial standing.
Clear Creek Financial Management Newsletter:
Our firm provides an industry educational newsletter free of charge by sign up through our website
www.clearcreekfm.com. The newsletter covers basic financial information, economic and market
updates. We do not provide investment advice or recommendations through this service.
ADV Part 2A – Firm Brochure Page 6 Clear Creek Financial Management, LLC
Tailoring of Advisory Services
We offer individualized investment advice to clients utilizing our Asset Management service.
Additionally, we offer general investment advice to clients utilizing our Financial Planning &
Consulting, Helios Quantitative Research, Pension Consulting, and Newsletter services.
Each client has the opportunity to place reasonable restrictions on the types of investments to be held
in the portfolio. Restrictions on investments in certain securities or types of securities may not be
possible due to the level of difficulty this would entail in managing the account. Restrictions would
be limited to our Asset Management service. We do not manage assets through our other services.
Participation in Wrap Fee Programs
Our firm does not offer or sponsor a wrap fee program for new clients. We may still offer wrap
services to existing clients on a legacy basis.
Regulatory Assets Under Management
Our firm managed $1,178,907,856 on a discretionary basis and $3,662,416 on a non-discretionary
basis for a total of $1,182,570,272 as of December 31st, 2023.