Frequently Asked Questions

A combination of independence, comprehensive service, and client focus sets us apart. As an independent registered investment advisory firm, we provide the best advice for each client’s specific situation and needs without concerning ourselves with the agenda of a parent company. Our services range from investment management to estate planning, as well as comprehensive financial guidance - we can meet a wide range of needs under one roof. Finally, we are oriented toward providing each client the attention and service they deserve. We treat our clients as individuals and not numbers.

A fiduciary is a professional entrusted to manage assets or wealth while putting the client’s best interests first. Investment Advisors who follow a fiduciary standard must disclose any conflict, or potential conflict, to their clients prior to and throughout the advisory engagement. Fiduciaries will also adopt a code of ethics and will fully disclose how they are compensated.

Registered investment advisory firms provide independent personalized financial advice to their clients, many of whom have complex financial needs. Because these advisors are independent, they are not tied to any particular family of funds or investment products. As fiduciaries, they are held to the highest standard of care—and are required to act in the best interests of their clients. They are registered with either the Securities and Exchange Commission or state securities regulators.

We primarily utilize Charles Schwab & Co., Inc. as the custodian of client accounts and as our primary broker. Our association with Charles Schwab & Co., Inc. is a third party, non-affiliated relationship with no exchange of funds between Charles Schwab & Co., Inc. and Mengis Capital Management, Inc. When your account is established with Charles Schwab & Co., Inc., you provide us with discretionary trading authorization. This authority allows us to process trades directly in client accounts. We also have an established custodial relationship with Fidelity Investments and are able to work with most broker/custodians.

Prospective clients should contact Mengis Capital to initiate the discovery process. If appropriate, a complimentary meeting will be scheduled with one or a team of our qualified representatives. Typically, the introductory meeting centers around the prospect's goals and objectives, their current portfolio, and overall fit with the firm.