October 14, 2016
Ferguson Wellman and West Bearing Recognized at Corporate Philanthropy Awards
PORTLAND, Ore. – October 14, 2016 – Ferguson Wellman Capital Management and West Bearing Investments have been named by Portland Business Journal as a leader in corporate philanthropy in Oregon and southwest Washington.
Ferguson Wellman and West Bearing were jointly ranked fifth in the medium-sized companies category at the Business Journal’s annual corporate philanthropy awards luncheon. Company submission to the consideration process included annual revenue and amount of dollars contributed to charitable causes in 2016.
“We see community involvement and philanthropy as providing a two-way street of support,” said Jim Rudd, principal and chief investment officer. “We are enthusiastic about giving our time and make contributions to nonprofits. Through those relationships, we learn more about these organizations’ needs as they fulfill their mission. Board service, volunteering and philanthropy also give us an opportunity to work with professionals across a wide range of industries who also gives us insight into the well-being of our region.”
Founded in 1975, Ferguson Wellman Capital Management is a privately owned registered investment adviser that serves over 700 clients with assets starting at $3 million.
Ferguson Wellman manages more than $4 billion comprising union and corporate retirement plans; endowments and foundations; and separately managed accounts for individuals and families. In 2013, West Bearing Investments was established, a division of Ferguson Wellman, that serves clients with assets starting at $750,000. All company information listed above reflects data as of January 2016.
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