Spokane Journal of Business

Hart Capital moves Spokane office to larger space

Financial advisory takes space in RLH Building

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Independent financial advisory firm Hart Capital Management Inc. has moved to recently upgraded office space with onsite parking on the third floor of the RLH Building, on the periphery of downtown Spokane, at 201 W. North River Drive.

Hart Capital’s Spokane office occupies 3,000 square feet of office space in its new location. The company had been located in smaller quarters at the Chase Financial Center, at 601 W. Main, in the city’s core.

Craig Hart, president and chief investment officer at the company, says Hart Capital Management’s move was necessitated by the need for more space to serve its growing client base.

The RLH building has been remodeled and upgraded during the last couple of years, Hart says.

Improvements include updated elevators and a large conference room, he says.

Hart says onsite parking has enabled clients to show up for their appointments earlier, because they don’t have to look for offsite parking as they did when the Hart Capital Management was based at the Chase Financial Center.

Technology installed at the new office enables Hart Capital Management to run real-time algorithms to show clients how their investments and savings can grow under certain scenarios.

Hart has hired two employees recently and is seeking to hire another financial adviser, an executive assistant, and a research analyst. The company currently employs 14 people. 

Hart also has a North Idaho office, located at 701 E. Front in Coeur d’Alene, which it opened in fall 2016.

“We have a wonderful client base there … we’re seeing consistent growth,” Hart says of the Coeur d’Alene office.

Hart Capital, which is entering its 21st year, serves corporate and individual clients who seek professional asset management.

“In the course of that time, we’ve seen the economy grow consistently … the growth is not excessive; it’s consistent, and I think that’s one of the nice virtues of this area,” Hart says. 

The company now has nearly $400 million in assets under management, he says.

Alla Drokina
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Before Alla started as a reporter with the Journal in 2019, she freelanced for The Pacific Northwest Inlander mostly covering culture and food. A breakfast enthusiast, she appreciates the simple things in life like cozy nooks, mystery podcasts, and 90s sitcoms.

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