West Bearing Investments Continues to Thrive
Ferguson Wellman Capital Management is pleased to share the growth of West Bearing Investments, a division of Ferguson Wellman. After only five months in operation, West Bearing has reached the 2013 target for assets under management with $25 million. Many sources for these clients have been referrals from Ferguson Wellman clients and employees, accountants, attorneys and referrals from our friends at Charles Schwab and Umpqua Private Bank.
West Bearing Investments quietly launched in July 2013 after a year of internal exploration of a new growth strategy. The division was formally announced in the fall of 2013. West Bearing Investments was inspired by the opportunity to broaden client relationships and help individuals and institutions navigate through many important planning and financial decisions earlier. West Bearing serves clients with a minimum of $750,000 in investable assets and benefits from the investment principles, structure and expertise of Ferguson Wellman.
The West Bearing team is led by Josh Frankel, CRPC©, senior vice president. Frankel brings a range of professional experiences that enable him to provide a high level of client service and guidance on investment management and planning. Also part of the West Bearing team is Jorge Chavarria, who has over 10 years of client service experience in the financial industry and proactively guides clients and their portfolio managers toward best practices that foster strong relationships.
Founded in 1975, Ferguson Wellman Capital Management is a privately owned investment advisory firm, established in the Pacific Northwest. With more than 600 clients, the firm manages $3.6 billion in assets that comprise union and corporate retirement plans; endowments and foundations; and individuals. Minimum account size: $2 million. (as of 9/30/13)