For the largest fee-only RIA list, InvestmentNews qualified the list of RIA firms based on the data the firms provided in Form ADV to the Securities and Exchange Commission as of November 1, 2016. Many criteria were considered for the listing, such as exceeding $100 million in assets under management, providing financial planning for clients and neither the firm nor its representatives may be actively engaging in a broker-dealer relationship. Ferguson Wellman was the only firm listed in the Pacific Northwest.
“We are gratified to receive this award and are humbled to be in the same category as these other respected companies,” said Jim Rudd, principal and chief executive officer.
Founded in 1975, Ferguson Wellman Capital Management is a privately owned registered investment adviser that serves over 760 clients with assets starting at $3 million. The firm works with individuals and institutions in 36 states with a concentration of those clients in the West. Ferguson Wellman manages $4.5 billion that comprises 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 12/31/16 data.
InvestmentNews qualified 1,778 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of November 1, 2016. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2016, (2) total AUM is at least $100M, (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 amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management 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), (11) is not actively engaged in business as a registered representative of a broker-dealer, (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) not one who is an insurance company or agency.
InvestmentNews Magazine produced this list by compiling data from Form ADV filings. Ferguson Wellman (the firm) is not aware of any facts that would call into question the validity of this rating. Ferguson Wellman views this rating as appropriate. The firm is not aware of any unfavorable rating of the firm. InvestmentNews qualified 1,778 firms headquartered in the United States for the ranking. Of these, 60 firms appear on the list, which represents 3.3 percent of the RIAs in the country. The rating may not be representative of any one client’s experience because the rating reflects an average of all, or a sample of all, of the experiences of Ferguson Wellman clients. The rating is not indicative of Ferguson Wellman’s future performance. InvestmentNews magazine created and conducted the survey. Ferguson Wellman did not pay to participate in the survey.