Two of Seattle’s largest privately held registered investment advisory firms, Laird Norton Wealth Management, which managed $1.77 billion, and Filament, which managed $2 billion, have merged.
The newly merged firm will retain the Laird Norton name. The firm is a subsidiary of seventh-generation family-owned Laird Norton Co.
Kristen Bauer, CEO of Laird Norton Wealth Management, will serve as CEO of the combined firm. Filament’s three co-founders and senior leaders, Scott Butterfield, Conrad Gehrmann and John Goodwin, will serve on an expanded LNWM board of directors and in executive management roles.
Terms of the merger were not disclosed.
Centaurus Financial touts its independence as a key selling point at a time when many firms are being swallowed up.
New TIAA Institute research finds professional guidance narrows the gap between retirement dreams and reality.
Breakaway advisors join new firms in Oklahoma, Idaho.
Annual benchmark climbs 7.5% as advisors lean on HSAs to help clients close the gap.
New research series maps four possible futures as AI reshapes how capital markets function.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
