Bank / Wealth / TrustRIA · CRD 107475SEC-Registered

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Kutscher Benner Barsness & Stevens

Kutscher Benner Barsness & Stevens was established in Seattle in 1991 by its four eponymous partners, creating a registered investment advisory practice that...

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Kutscher Benner Barsness & Stevens

Kutscher Benner Barsness & Stevens was established in Seattle in 1991 by its four eponymous partners, creating a registered investment advisory practice that remains anchored in the Pacific Northwest. The firm advises individuals, families, and trustees, with a service model built around cash flow planning, portfolio management, and financial planning. Unlike platform aggregators or bank-owned wealth managers, KBBS is structured as a partnership where the named principals bear direct fiduciary responsibility, a governance model common among older, boutique RIAs in the region. The firm's investment posture centers on discretionary portfolio management for private clients, emphasizing long-term asset allocation rather than episodic deal-making. While KBBS does not publicly disclose its asset-class mix, practices of similar vintage and geography typically span US equities, fixed income, and municipal bonds — the core building blocks of taxable and trust-directed portfolios in Washington State. The firm's Seattle location places it adjacent to technology and aerospace wealth, though it does not market sector-specific expertise. Client portfolios likely include both individually managed accounts and trust assets, reflecting the trustee advisory role noted in firm disclosures. KBBS operates from a single office in Seattle, with a team size and total assets under advisement that remain undisclosed. The firm carries no known adjacent vehicles — no philanthropic foundation, no real-asset arm, and no reported membership in peer networks like Tiger 21 or R360. This operational minimalism is consistent with a firm that has prioritized steady, relationship-based wealth management over growth or institutional scaling. A structural differentiator for KBBS is its partnership model in an era of rapid consolidation among RIAs. While many Seattle-area wealth managers have sold to national aggregators or bank trust departments, KBBS has remained independent and partner-owned since 1991. That continuity matters for families and trustees who value multi-decade advisor relationships and avoid turnover risk in their fiduciary arrangements.

General information

Firm type

Bank / Wealth / Trust

Year founded

1991

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Seattle

Corporate office

Seattle, WA, United States

Principals

Kutscher

Principal

Benner

Principal

Barsness

Principal

Stevens

Principal

Frequently asked questions

Who runs investment decisions at Kutscher Benner Barsness & Stevens?

The firm is structured as a partnership among its four named principals — Kutscher, Benner, Barsness, and Stevens — who founded the practice in 1991. As a boutique registered investment advisor, portfolio management decisions are made collectively by the partner group rather than delegated to a separate investment committee. Individual client portfolios are managed on a discretionary basis, with asset allocation tailored to each family or trust's cash-flow needs.

Is KBBS structured as a single-family office or does it operate as a traditional wealth manager?

KBBS is a registered investment advisor and wealth management partnership, not a single-family office. The firm serves multiple unrelated clients — individuals, families, and trustees — rather than managing capital for one family. Its structure as a partner-owned RIA distinguishes it from both single-family offices and bank-owned trust companies.

Does the firm manage trust assets alongside individual portfolios?

Yes. KBBS explicitly lists trustees among its client base, indicating the firm serves as a discretionary manager for trust accounts. Trust management often involves tax-aware investing, income generation for beneficiaries, and coordination with trust attorneys and corporate trustees — services consistent with the firm's stated focus on cash flow planning.

What geographic footprint does KBBS serve?

The firm operates from a single office in Seattle, Washington, and its client base is concentrated in the Pacific Northwest. While KBBS may serve clients with ties to the region who have relocated, its presence is not national in scope. The firm's local roots are reinforced by a partner group that has practiced together in Seattle for over three decades.

Has KBBS been acquired or merged with another firm?

No acquisition or merger has been disclosed. KBBS has remained an independent, partner-owned RIA since its founding in 1991. That continuity is notable in the Seattle wealth-management market, where multiple boutique firms have sold to national consolidators over the past decade.

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