PORTLAND, Ore., — February 28, 2024 — Josh Frankel, CFP®, and Jason Norris, CFA, were selected at Ferguson Wellman’s recent shareholder meeting to serve on the board of directors.
“Every employee has an expanded opportunity to earn ownership in our firm and currently, 41 of our 60 employees are shareholders,” says Steve Holwerda, CFA, managing director. “At our annual meeting, all shareholders review company financials and vote for our board of directors.”
Frankel was the firm’s first hire at West Bearing Investments, a division of the firm serving clients with assets starting at $1 million. Since its inception in 2013, West Bearing has grown significantly, and the team now manages $654 million for 303 clients. Frankel has also served as the firm’s first chair of the practice management committee which seeks new ways to enhance client service offerings. In addition, the committee manages a structured program for employees who are on track to work with clients directly in an investment or wealth management capacity. Frankel also serves on the firm’s wealth management team.
Norris joined Ferguson Wellman in 2001 serving as an analyst focused on the healthcare and technology sectors. Today, he manages our two largest investment strategies: Dividend Value and Core Equity. He is also a member of the team that created Global Sustainable Investing, our environmental, sustainable and governance (ESG) offering which allows clients to align their investment selections more closely with their personal values without sacrificing portfolio returns. Norris currently serves on Ferguson Wellman’s investment policy committee which is responsible for all top-down securities decisions such as sector weightings and asset allocation. He has also grown the firm’s footprint in Idaho through client growth, community involvement and media appearances.
“Josh and Jason will bring new voices to the table and contribute to the future vitality of Ferguson Wellman,” says George Hosfield, CFA, director and chief investment officer. “Their leadership has been notably impactful within the firm and in the communities where our clients reside.”
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Founded in 1975, Ferguson Wellman is a privately owned registered investment advisor established in the Pacific Northwest. As of January 1, 2024, the firm manages more than $8.4 billion for 990 clients that include individuals and families, Taft-Hartley and corporate retirement plans, and foundations and endowments 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 for Ferguson Wellman and West Bearing clients with assets starting at $10 million. Ferguson Wellman’s offices are located in Portland and Bellevue.