Portland Business Journal Names Ferguson Wellman to Largest Money Management Firms List
PORTLAND, Ore. – July 26, 2023– Ferguson Wellman Capital Management and West Bearing Investments were recently named by Portland Business Journal to their Oregon and S.W. Washington Largest Money Management Firms list, ranked at 5 out of 25 companies.
The compilation was featured in the publication’s third annual money guide issue. The newspaper constructed the list by ranking them according to assets under management in Oregon and S.W. Washington as of May 31, 2023. While Ferguson Wellman and West Bearing manage more than $7.7 billion in total, the ranking was exclusively related to Oregon and S.W. Washington assets of $4.8 billion.
“We are grateful to Joe Ferguson and Norb Wellman for the courage they had in taking a huge risk and starting our firm in 1975.” said Steve Holwerda, CFA, managing director. “We are grateful to them and every employee past and present who have contributed to the growth of our company.”
Founded in 1975, Ferguson Wellman Capital Management is a privately-owned registered investment advisory firm, established in the Pacific Northwest. The firm manages over $7.7 billion for more than 960 clients that include individuals and families; Taft-Hartley and corporate retirement plans; and endowments and foundations with portfolios of $4 million or more. West Bearing Investments, a division of Ferguson Wellman, serves clients with assets starting at $1 million. Octavia Group provides fee-based personal financial services exclusively for Ferguson Wellman and West Bearing clients with a minimum of $5 million managed by our firm. (data as of June 30, 2023)
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Methodology and Disclosures:
Portland Business Journal produced the 2023 Oregon and S.W. Washington Money Management Firms list by ranking the companies according to Oregon and S.W. Washington assets under management. The research and ranking were gathered and distributed by Portland Business Journal. Ferguson Wellman and West Bearing (the firm) is not aware of any facts that would call into question the validity of the ranking. The firm does not believe this advertisement is inappropriate and is not aware of any unfavorable rating towards the firm. The rating category is money managers in Oregon and S.W. Washington, the number of firms given the opportunity to participate was 46, the number of respondents to the survey was 46 with 25 companies making the list, a percentage of 54%. The rating is not representative of any one client’s experience and is not indicative of Ferguson Wellman’s future performance. Ferguson Wellman did not pay a fee to participate in this survey.