Finding a Top Financial Advisor Firm in Oregon
SmartAsset has devised this list of the top 10 financial advisor firms in Oregon so that residents can find the firm that’s right for them. In order for you to differentiate exactly what each firm can offer you, we’ve identified each of the firm’s fees, investment strategies, specialties and other important facts in detailed reviews below. For more help narrowing down your choices, try using SmartAsset's free financial advisor matching tool.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Arnerich Massena, Inc. Find an Advisor||$7,177,256,931||$3,000,000|| || |
|2||Ferguson Wellman Capital Management, Inc. Find an Advisor||$5,961,638,487||$3,000,000|| || |
|3||Becker Capital Management, Inc. Find an Advisor||$4,307,884,565||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|4||Northwest Capital Management, Inc. Find an Advisor||$3,976,185,988||No set account minimum|| || |
Minimum AssetsNo set account minimum
|5||Aldrich Wealth, LP Find an Advisor||$1,993,493,288||No set account minimum|| || |
Minimum AssetsNo set account minimum
|6||Vista Capital Partners, Inc. Find an Advisor||$1,620,750,645||$2,000,000|| || |
|7||Matisse Capital Find an Advisor||$1,250,413,315||$1,000,000|| || |
|8||Deschutes Investment Consulting, LLC Find an Advisor||$1,217,422,062||$250,000|| || |
|9||Multnomah Group, Inc. Find an Advisor||$1,146,420,382||$250,000|| || |
|10||Human Investing Find an Advisor||$1,089,314,221||No set account minimum|| || |
Minimum AssetsNo set account minimum
How We Found the Top Financial Advisor Firms in Oregon
Our SmartAsset personal finance experts only considered financial advisor firms in Oregon that are registered with the U.S. Securities and Exchange Commission (SEC) for placement on this list. That’s because all SEC-registered firms are bound by fiduciary duty, which requires them to act in clients’ best interests. We removed firms from contention if they didn’t manage individual accounts, didn’t offer financial planning services or had disciplinary issues. The top firms that met these requirements are listed below, sorted from the most assets under management (AUM) to the least. All information is accurate as of the writing of this article.
Portland-based Arnerich Massena, Inc. is the top advisory firm on this list and the top firm on our top financial advisors in Portland list. Arnerich Massena boasts an array of certifications, including chartered financial analysts (CFAs) and chartered alternative investment analysts (CAIAs). Other certifications include certified financial planner (CFP), certified private wealth advisor (CPWA), chartered retirement planning counselor (CRPC) and certified public accountant (CPA).
Arnerich Massena is unequivocally an individual-centric firm, as most of its client base is comprised of individuals either with or without a high net worth. According to the firm's website and Form ADV, it's also known to work with banks, pensions, profit-sharing plans, charitable organizations, government entities and businesses. This is a fee-only firm.
Arnerich Massena Background
As an employee-owned firm, Arnerich Massena divides its shares up across its entire team. Currently, 11 different employees own the firm with no employee owning more than 25%. Arnerich Massena has been in business since 1991.
The advisory services of this firm are divvied up into three subsections:
- Wealth management: individual investment management and financial planning
- Institutional: investment philosophy development and consulting
- Education: retirement plan participant education and communications
Arnerich Massena Investing Strategy
Unlike some other financial advisor firms, Arnerich Massena looks to build asset allocations for both the long- and short-term. This is done to help clients reach their retirement and other distant goals, while still maintaining strong liquidity. By creating an asset allocation that takes into account each of these considerations, the firm will look to simultaneously maximize your return potential and mitigate volatility.
Ferguson Wellman Capital Management
Coming in second on this list is Ferguson Wellman Capital Management, Inc. Ferguson is also on SmartAsset’s list of the top financial advisor firms in Portland.
This fee-only firm works mainly with high-net-worth individuals. Non-high-net-worth individuals, charitable organizations, pensions, profit sharing plans and businesses make up the rest of this firm’s typical clientele. You must have at least $3 million in investable assets to open an account.
Ferguson Wellman boasts plenty of certifications on its staff. The advisory team consists of a total of chartered financial analysts (CFA), certified financial planners (CFP) and certified trust and financial advisors (CTFAs), among a few other certifications.
Ferguson Wellman Capital Management Background
Ferguson Wellman Capital Management has a board of directors that includes Ralph W. Cole, director, Dean M. Dordevic, director, Steven J. Holwerda, managing director and George W. Hosfield, director and chief investment officer. The firm was established in 1975, giving it one of the longest lifespans of any firm in Oregon.
This firm has chosen to keep things extremely simple as far as its offered services go, sticking to financial forecasting, estate planning, budget management, tax guidance and charitable giving planning. You can customize these plans as you prefer or add in others.
Ferguson Wellman Capital Management Investing Strategy
Rather than conform to popular investment philosophies like modern portfolio theory, Ferguson Wellman Capital Management relies much more on its own collective wisdom to build investment plans. The firm’s strategies vary in level of risk tolerance, and they typically revolve around large-cap domestic equities, fixed-income and international equities in developed and emerging markets.
However, the one thing that remains constant at this firm is its active management of investments and portfolios. Other areas of focus for Ferguson Wellman include tax and cost efficiency, as both are important factors to consider to ensure an investment fits your personal profile.
Becker Capital Management
Becker Capital Management, Inc. is also on SmartAsset’s list of the top financial advisor firms in Portland. It is a fee-only firm with a wide range of typical clientele. This firm works with individuals (both high-net-worth and not), investment companies, insurance companies, pooled investment vehicles, government entities, pensions, profit sharing plans, charities and other businesses.
The account minimum at Becker varies depending on which type of account you want to open. You need at least $1 million for individual investment management, while institutional portfolio management calls for a $3 million minimum.
The advisory team at this firm has a handful of certifications. There are chartered financial analysts (CFAs), certified financial planners (CFPs) and even one certified private wealth advisor (CPWA).
Becker Capital Management Background
Becker Capital Management was established in 1976. It is an employee-owned firm, with CEO Janeen McAninch, president Pat Becker, Jr., CIO Blake Howells and John Becker holding the largest shares.
Individual and institutional clients of Becker aren’t squeezed into premade advisory services when they join the firm. Instead, Becker Capital Management pairs clients with the appropriate services after analyzing their financial needs.
Becker Capital Management Investing Strategy
In effort to increase the consistency of its success, Becker Capital Management has developed a four-step process for portfolio creation. For step one, the firm has built a constantly evolving list where it keeps track of new investment ideas that it’s come up with. To assess these new strategies, the firm then extensively analyzes each one. Those that pass the test are moved onto the firm’s buy list.
Based on what’s been proven by research, Becker implements these strategies according to your needs, investing in roughly 55 to 65 stocks. As your portfolio matures, the firm will keep a watchful eye on it so that it can quell potential problems as soon as it notices them.
Northwest Capital Management
Northwest Capital Management, Inc. is a large fee-only firm. The firm takes fourth place on our list of the top financial advisors in Portland. Although it is Portland-based, it operates a Seattle office as well. Even at its size, Northwest Capital does not require a specific asset total to become a client.
The advisory staff at Northwest Capital includes such certifications as certified financial planner (CFP), chartered financial analyst (CFA) and accredited investment fiduciary (AIF). These advisors typically manage the portfolios of individuals, high-net-worth individuals, pension plans, profit-sharing plans, government entities, charitable organizations and businesses. It also works with one soverign Indian tribe.
Northwest Capital Management Background
Chairman and chief compliance officer Frederick Payne, Jr. opened Northwest Capital Management in 1998 after having been involved in the financial services industry for 13 years. Today, Payne is a bona fide veteran, with 34 years of experience under his belt. President Brent Petty now owns the firm.
As far as individual services are concerned, Northwest Capital combines investment management and financial planning into one combined offering. You can customize this to include parts of estate planning, tax management, asset allocation creation and more.
Northwest Capital Management Investing Strategy
Northwest Capital Management explicitly states in its SEC-filed paperwork that "how you should invest your money is determined by when you need to spend that money." This notion that your time horizon dictates how your portfolio should be built is not commonly seen, as most similar firms will consider your risk tolerance first and foremost. However, being that a client's risk level is often determined by when they'll need their investment earnings, this ideology inherently takes risk into account. Northwest usually invests in domestic and global stocks, bonds, real estate, cash and alternatives.
Aldrich Wealth, LP is a fee-based financial advisor firm that's located in Lake Oswego. It has other offices in California, Alaska and Oregon. The firm has an large number of advisory certifications that most notably include certified public accountant (CPA), certified financial planner (CFP), accredited investment fiduciarie (AIF), chartered retirement planning counselor (CRPC), personal finance specialist (PFS), certified divorce financial analyst (CDFA), certified health savings advisor (CHSA) and chartered financial analyst (CFA).
Most of Aldrich Wealth's client base consists of individuals both with and without a high net worth. The firm also commonly serves businesses, retirement plans and charitable organizations.
Aldrich Wealth Background
Aldrich Wealth is a partnership under the principal ownership of AKT Services, LLP, a financial holding company. AKT Services is owned by a group of over 30 individuals. Aldrich Wealth was founded in 1998.
Financial planning, discretionary investment management and non-discretionary investment management are the core offerings of Aldrich Wealth. These services are divided into multiple subsections depending on your exact needs.
Aldrich Wealth Investing Strategy
New clients of Aldrich Wealth will be paired with one of the firm's several asset allocation models. Factors included in this matching process are your risk tolerance, time horizon and liquidity needs. These models are split between hyper aggressive and conservative and they are each diversified across different markets and investment types. The firm also states that to support its future rebalancing efforts, it will allocate your assets in security specific percentages.
Vista Capital Partners
Vista Capital Partners, Inc. offers one of the simplest fee schedules on this list, as its advisory fees are based solely on a percentage of assets under management (AUM). The only firm with a truly comparable fee schedule is Ferguson Wellman Capital Management. Most of the firms on this list also charge some combination of fixed fees and hourly rates, in addition to asset-based fees.
Vista Capital Partners serves both non-high-net-worth individuals and high-net-worth individuals. The firm reserves the right to waive its $2 million stated account minimum.
Vista is also on SmartAsset’s list of the top 10 financial advisor firms in Portland. It is a fee-only firm. On staff, there are both certified financial planners (CFP) and chartered financial analysts (CFAs).
Vista Capital Partners Background
Vista Capital Partners was opened in 2001. It is an employee-owned firm. The team of advisors at the firm have anywhere from just a few years of experience to many years, giving it a wide range of perspectives.
Should you become a client of this firm, the following services will be made available to you:
- Business succession planning
- Investment management
- Retirement planning
- Estate planning
- Diversification planning
- Philanthropic giving
- Tax management
Vista Capital Partners Client Experience
Vista Capital Partners says that it strives to become the “financial quarterback” of its clients’ lives. It attempts to do this by first getting to know your personal financial needs and goals. To determine these important pieces of information, your advisor will speak with you specifically about your risk tolerance, time horizon and liquidity needs.
The firm wants clients to know that although there may be short-term dips in value, its portfolios are built for long-term success. This is largely because of the investments that the firm typically uses in client portfolios, which include stocks, bonds, global real estate investment trusts (REITs), cash, cash equivalents and index funds.
Fee-only Matisse Capital requires a minimum initial investment of $1 million for new clients to join. Although this number might seem high, the firm actually works with significantly more individuals than their high-net-worth counterparts. investment companies, other investment advisors, pooled investment vehicles, pensions, profit sharing plans, charities and government entities are other common Matisse clients. The financial advisor firm does business in Lake Oswego.
Matisse Capital has a small advisory staff. This team consists of a handful of chartered financial analysts (CFAs).
Matisse Capital Background
CIO Bryn Torkelson founded the predecessor to Matisse Capital, Deschutes Portfolio Strategies, in 2010. The firm underwent a complete rebranding to Matisse Capital as of January 2018. Torkelson has been employed in the investment and financial management field for around 40 years.
On a large scale, Matisse Capital provides four distinct management services: individual wealth management, retirement plan management for sponsors and participants, nonprofit management and closed-end fund research and portfolio management.
Matisse Capital Investing Strategy
According to its Form ADV, Matisse Capital invests almost exclusively in "low-fee, institutional class, no-load, open-end mutual funds." It believes their inherent diversification, lower management fees and liquidity are extremely desirable investment qualities. While mutual funds are undoubtedly their own investment type, they often specialize in certain securities, like equities. Beyond the diversification naturally seen in mutual funds, Matisse Capital explicitly vows that it will internally diversify its mutual fund investments throughout different companies.
Deschutes Investment Consulting
Eighth place Deschutes Investment Consulting, LLC is also ranked on our list of the top financial advisor firms in Portland. The firm calls for a minimum investment of $250,000 to join. Individuals with and without a high net worth make up more than half of Deschutes' client base. The firm also works with a number of corporate pension and profit-sharing plans and businesses.
The firm has a handful of advisory certifications among its team of advisors, including a couple certified financial planners (CFPs). Some of the advisors at this fee-based firm can earn commissions from the sale of insurance products. Despite the potential conflict of interest this creates, the firm's fiduciary duty requires it to act in clients' best interests at all times.
Deschutes Investment Consulting Background
MacGregor Hall founded Deschutes Investment Consulting in 2011. Hall has more than 20 years of experience managing the assets of individuals and corporations.
This firm spends most of its time dealing with wealth management for individual clients and retirement plan consulting for companies and other similar institutions. To do this, Deschutes offers both non-discretionary and discretionary investment management. Individuals who require more than the management of a portfolio can take advantage of a few financial planning services.
Deschutes Investment Consulting Investing Strategy
In a nutshell, Deschutes Investment Consulting looks to manage assets for the long-term to achieve capital preservation and safe, consistent growth. Because of this, Deschutes invests almost entirely in mutual funds, ETFs and separately managed accounts (SMAs). The firm believes that these investment types offer many benefits, such as low management fees, legally required diversification, daily liquidity and more. Note that just because the firm doesn't usually invest in stocks and bonds directly, it can do so indirectly through the aforementioned trio of investments.
Multnomah Group, Inc. is the next firm on our list. It requires that clients have $250,000 in investable assets. It works with a range of clients, such as individuals both with and without a high net worth, pensions, profit sharing plans, charities, government entities, other investment advisors and other businesses. The firm employs several chartered financial analysts (CFAs) and is a fee-only firm that does not receive third-party commissions.
Multnomah Group Background
Multnomah Group was founded in 2003 and is independently owned. Managing principal Erik Daley and chief investment officer Scott Cameron are the firm's co-founders and current principal owners.
Multnomah provides clients with investment advisory services, financial planning and portfolio management services. The firm also works with its retirement plan clients to provide consulting, retirement plan management and fiduciary services.
Multnomah Group Investing Strategy
Multnomah Group may use a wide range of investments to build out client portfolios. However, they typically focus on fixed-income securities, equities, exchange-traded funds (ETFs) and mutual funds. Diversification is a central part of the firm's investment strategy, though strategies are tailored to the needs of clients. However, by including several different types of securities, the firm helps to diversify each client's portfolio while at the same time keeping their risk tolerance and time horizon in mind.
Human Investing rounds out our list of the top financial advisory firms in Oregon. This Lake Oswego-based firm works with individuals both with and without a high net worth, pensions, profit-sharing plans, charitable organizations and other businesses. There is no set account minimum at this fee-only firm.
Human Investing’s advisory team include several certified financial planners (CFP) and certified public accountants (CPA), among a few other certifications. While some advisors may be licensed as insurance agents, they do so just to evaluate potential insurance products for clients. They do not receive any third-party commissions, nor do they sell insurance to clients.
Human Investing Background
Human Investing is also known by its legal name, AndersonFisher, LLC. The firm was founded in 2004 and Peter Fisher is the owner. The firm specializes in investment management and financial planning services. More specific topics include estate planning, retirement savings and education funding through 529 college savings plans and by other means.
Human Investing Strategies
Human Investing develops tailored portfolios for clients based on their investment objectives. The firm works with clients to create an investment policy statement, which advisors develop after meeting with clients to determine their financial situation and goals. Advisors look at such factors as risk tolerance, time horizon and any other relevant factors.
Advisors at the firm prioritize any given portfolio’s asset allocation scheme. As a result, client assets may be invested across mutual funds, exchange-traded funds (ETFs), individual equities and individual fixed-income investments.