SageView buys retirement plan practice of Oregon firm

SageView buys retirement plan practice of Oregon firm
Arnerich Massena is shedding retirement assets to focus on private wealth management, endowments and foundations.
APR 01, 2021

SageView Advisory Group, a Newport Beach, California-based registered investment advisory firm specializing in retirement plans and overseeing about $134 billion in assets, has acquired the retirement plan services practice of Arnerich Massena, an advisory firm in Portland, Oregon.

As part of the move, Luka Arnerich, who had spent 8 years at Arnerich Massena, will join SageView as a retirement plan consultant.

The sale will allow Arnerich Massena to concentrate on private wealth management, endowments and foundations, Bryan Shipley, the firm's Co-CEO and chief investment officer, said in a press release.

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