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 those who prefer automated, question-based searches, the SmartAdvisor tool can set you up with financial advisors in your area.
|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
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|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||Phillips & Company Advisors, LLC Find an Advisor||$1,069,183,000||$100,000|| || |
|10||Sapient Private Wealth Management, LLC Find an Advisor||$952,119,800||$5,000 minimum annual fee|| || |
Minimum Assets$5,000 minimum annual fee
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.
Arnerich Massena, Inc.
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. A staff of 15 financial advisors manage the firm's more than $7.1 billion in client assets. Arnerich Massena boasts an array of certifications, including four chartered financial analysts (CFAs), three chartered alternative investment analysts (CAIAs), one certified financial planner (CFP), one certified private wealth advisor (CPWA), one chartered retirement planning counselor (CRPC) and one certified public accountant (CPA).
Arnerich Massena is unequivocally an individual-centric firm, as 80 % 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 trusts, estates, corporate retirement and profit-sharing plans, foundations, endowments and charitable organizations.
Arnerich Massena, Inc. Background
As an employee-owned firm, Arnerich Massena divides its shares up across its entire team. However, Anthony Arnerich (CEO, co-CIO and founder), Terri Schwartz (managing director of institutional services and business development), Bryan Shipley (co-CIO), Reegan Rae (senior investment advisor), Karl Hausafus (general counsel and CCO) and Christine Arnerich (principal) are the principal owners. 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, Inc. 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, Inc.
Despite coming in second on this list, Ferguson Wellman Capital Management, Inc. is more than five times the size of the last firm on this list, Sapient Private Wealth Management. Ferguson has more than $5.9 billion in assets under management (AUM), which earned it the second spot on SmartAsset’s list of the top financial advisor firms in Portland.
This fee-only firm has about 640 individual clients, and nearly 620 of them are high-net-worth individuals. Trusts, estates, charitable organizations, foundations, endowments, Taft-Hartley 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 eight chartered financial analysts (CFAs), six certified financial planners (CFPs), two certified trust and financial advisors (CTFAs), one chartered alternative investment analyst (CAIA) and one chartered market technician (CMT).
Ferguson Wellman Capital Management, Inc. Background
The owners of Ferguson Wellman Capital Management, Inc. include CEO James Rudd, COO Steven Holwerda, CIO George Hosfield and principals Dean Dordevic and Marc Fovinci. 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, Inc. Investing Strategy
Rather than conform to popular investment philosophies like modern portfolio theory, Ferguson Wellman Capital Management, Inc. 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, Inc.
Becker Capital Management, Inc. is the third firm 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), estates, trusts, 401(k) plans, endowments, foundations, public funds, pension and profit-sharing plans, corporations, Taft-Hartley funds, pooled funds and mutual funds.
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 16-person advisory team at this firm has a total of seven certifications. There are three chartered financial analysts (CFAs), three certified financial planners (CFPs) and one certified private wealth advisor (CPWA).
Becker Capital Management, Inc. Background
Becker Capital Management, Inc. was established in 1976, making it just a year younger than Ferguson Wellman Capital Management. It is an employee-owned firm, with CEO Janeen McAninch, president Pat Becker, Jr. and CIO Blake Howells 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, Inc. Investing Strategy
In effort to increase the consistency of its success, Becker Capital Management, Inc. has developed a four-step process for portfolio creation. For step one, the firm has built a constantly evolving “monitor 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 companies. 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, Inc.
Northwest Capital Management, Inc. is a large fee-only firm that boasts well over $3.9 billion in assets under management. This, along with other factors, has lead the firm to take 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 eight-person advisory staff at Northwest Capital includes three certified financial planners (CFPs), one chartered financial analyst (CFA) and one 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.
Northwest Capital Management, Inc. 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 and principal Aalok Shah now also hold shares in 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, Inc. Investing Strategy
Northwest Capital explicitly states in its SEC-filed paperwork that "how a Client should invest his/her money is determined by when s/he needs 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
Aldrich Wealth, LP is a fee-based financial advisor firm that's located in Lake Oswego. It has seven other offices in California (Carlsbad, Pasadena, Escondido, San Diego and Orange County), Alaska (Anchorage) and Oregon (Salem). The firm manages nearly $1.9 billion in client assets. The firm has an astounding number of advisory certifications that most notably include four certified public accountants (CPAs), three certified financial planners (CFPs) and two accredited investment fiduciaries (AIF), one chartered retirement planning counselor (CRPC), one personal finance specialist (PFS), one certified divorce financial analyst (CDFA), one certified health savings advisor (CHSA) and one chartered financial analyst (CFA).
More than three-quarters of Aldrich Wealth's client base consists of individuals 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 20 individuals, with none of these owners holding more than 10% of the shares. 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, Inc.
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 seven times as many non-high-net-worth individuals as high-net-worth individuals. The firm reserves the right to waive its $2 million stated account minimum.
Vista earned the fifth spot on SmartAsset’s list of the top 10 financial advisor firms in Portland. It is a fee-only firm. On staff, there are eight certified financial planners (CFPs) and three chartered financial analysts (CFAs).
Vista Capital Partners, Inc. Background
Vista Capital Partners, Inc. 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, Inc. Client Experience
Vista Capital Partners, Inc. 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. Businesses, estates, trusts, charitable organizations, investment partnerships, retirement plans, endowments and foundations are other common Matisse clients. The financial advisor firm does business in Lake Oswego.
Matisse Capital has a five-person advisory staff that manages more than $1 billion in client assets. This team consists of three chartered financial analysts (CFAs) and one individual with a certificate in investment performance measurement (CIPM).
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 almost 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, LLC
Eighth place Deschutes Investment Consulting, LLC is ranked sixth on our list of the top financial advisor firms in Portland. The firm has $1.2 billion in assets under management and 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, IRAs, estates, trusts, businesses and funds.
Although this firm does not have a certified financial planner (CFP) on staff, it has a few rarer certifications to its name. In fact, there are two certified investment management analysts (CIMAs), one chartered life underwriter (CLU), one chartered financial consultant (ChFC) and one certified retirement plans specialist (CRPS).
Deschutes Investment Consulting, LLC Background
Current firm president MacGregor Hall created 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, LLC 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.
Phillips & Company Advisors, LLC
Phillips & Company Advisors, LLC is a fee-based firm that manages just over $1 billion in assets. This firm placed seventh on SmartAsset's list of the top financial advisors in Portland. You'll need $100,000 to become a client of Phillips.
There is a 13-person advisory staff working at Phillips & Company Advisors. Despite a sizable group of advisors, there are no certifications between them. Typical clients of this firm include individuals both with and without a high net worth, businesses, charitable organizations and retirement plans.
Certain advisors at Phillips & Company may sell insurance policies for additional commission-based earnings. While this represents a potential conflict of interest, the firm is bound by fiduciary duty, legally binding it to act in your best interest.
Phillips & Company Advisors, LLC Background
Phillips & Company Advisors originally opened under a different name, Phillips & Company Securities, Inc., in 2004. However, in 2011, the firm underwent a rebranding that saw it take its current title. CEO Tim Phillips founded the firm and is its principal owner. While the firm has minority owners, none hold more than 5% of the company's shares.
Phillips & Company has a wide range of advisory services surrounding the overarching category of investment advisory.
Phillips & Company Advisors, LLC Investing Strategy
Long-term investing is the most commonly utilized strategy at Phillips & Company Advisors. Under the right client circumstances, though, it may also use short-term purchases and frequent trading strategies. Although these can sometimes be dangerous financial moves because of inflated trading costs, clients with higher risk tolerances may prefer them due to the inherent upside for better returns.
In some situations, taxes can be a major hindrance to the quality of an investment portfolio. To combat this, the firm's advisors will look to be as tax efficient as possible.
Sapient Private Wealth Management, LLC
Sapient Private Wealth Management, LLC is a fee-only firm located in Eugene, Oregon. Its a large financial advisory operation, as it employs 15 advisors and manages $952 million. There are five advisory certifications at Sapient, including two certified financial planners (CFPs), one certified investment management analyst (CIMA), one certified private wealth advisor (CPWA) and one certified income specialist (CIS).
The client base at this firm is split nearly 50/50 between individuals and high-net-worth individuals. Estates, trusts, charitable organizations, corporations and ERISA plans make up the rest of Sapient's typical clientele. Rather than institute a minimum investment amount, Sapient's services call for a minimum annual fee of $5,000.
Sapient Private Wealth Management, LLC Background
CEO Greg Erwin, wealth manager emeritus King Martin and wealth manager Alan Rexius co-founded Sapient Private Wealth Management in 2010. Today, the firm is a wholly-owned subsidiary of Focus Operating, LLC, which is in turn a subsidiary of Focus Financial Partners, LLC, a collection of wealth management firms.
Clients of Sapient will have access to wealth management and investment management. Here's a breakdown of some of the services the firm can provide:
- Tax planning
- Retirement planning
- Philanthropy planning
- Education cost planning
- Estate planning
- Risk management
- Cash flow management
Sapient Private Wealth Management, LLC Investing Strategy
Similar to much of its competition, Sapient Private Wealth Management chooses to focus on a long-term investment philosophy. To support this ideology, Sapient favors investment types like separately managed accounts (SMAs), exchange-traded funds (ETFs) and mutual funds. Although many of these investments come with built-in management, your advisor will personalize your portfolio's design to your specific risk- and goal-based profile. Regardless of whether your future financial plans change, the firm offers ongoing rebalances so that your prespecified asset allocation will remain in place. If the asset allocation eventually is not delivering the results you need, the firm will create a new one.