Ferguson Wellman Capital Management Ranked as Top Western Adviser
PORTLAND, Ore. – December 23, 2013 – Ferguson Wellman Capital Management has recently been named by InvestmentNews as a top adviser company in the Western United States.
InvestmentNews ranked Ferguson Wellman 10th on their list of 15 registered investment advisors in the west. Ferguson Wellman is the only firm from Oregon to be named and the largest in the Pacific Northwest on their list. The ranking was calculated by total assets under management, with Ferguson Wellman at $3.2 billion in assets under management at the time of their survey, which was November of 2013.
“While it is always gratifying to be ranked highly among your peers – what is most meaningful to us is earning the trust and confidence of our clients. We work hard at doing that every day,” said Jim Rudd, chief executive officer.
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 $3.8 billion in assets that comprise union and corporate retirement plans; endowments and foundations; and individuals. Minimum account size: $3 million. (as of 12/31/13)
Methodology InvestmentNews qualified firms headquartered in the United States based on ADV data reported to the Securities and Exchange Commission as of Nov. 1. To qualify, firms must have met the following criteria: (1) latest ADV filing data is either on or after Jan. 1, (2) total AUM is at least $100M, and (3) does not have employees who are registered representatives of a broker-dealer, (4) provided investment advisory services to clients during its most recently completed fiscal year, (5) no more than 50% of regulatory AUM is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of regulatory AUM is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of regulatory AUM is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), or as a registered representative of a broker-dealer, (11) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered), nor one who is an insurance company or agency, (12) the state in which financial advisory business is conducted is one of the following: AK, AZ, CA, CO, HI, ID, MT, NM, NV, OR, UT, WA, or WY.
Source: InvestmentNews Data