Oregon has more wealth to it than one might think, with its mixture of forestry, agriculture, and high-tech industries. Yet while wealth can bring a great deal of comfort and security to life, it can also create stress as you try to figure out how to maintain it in the years to come.
If you’re one of these people who is actively concerned about preserving and protecting the fruits of your labor, or if you’re someone who just wants to have a plan for the future, a financial advisor can be a source of salvation.
Fortunately, there are plenty of top firms operating in the state. Using our rigorous standards, we’ve identified the best of the best in Oregon. Here are our top five choices as well as a short description of what makes each one unique.
1) Arnerich Massena
Our top choice for Portland and for Oregon, Arnerich Massena, which was founded in 1991, has a staggering $10.6 billion in assets under management. They mostly work with high-net-worth individuals and some organizations, providing wealth management and investment management services for their clients.
They look towards long-term solutions for their clients and will decide by committee what options are best. Because of this, their portfolios are custom to each client.
Arnerich Massena is a fee-only firm that has a $3 million minimum account requirement to work with them.
You can expect the following working with Arnerich Massena:
- A willingness to use interesting and alternative investments if they are a good fit.
- An in-depth advising process that will continue after the initial onboarding process.
- Services for endowments and corporations, should they be required by a prospective client.
2) Ferguson Wellman Capital Management
Ferguson Wellman Capital Management is another large Portland firm; it has a sizable $5.15 billion in assets under management and has been around since 1975. Practically an institution unto themselves, they have about a couple dozen people on their advisory staff, many of them with top certifications in their fields of expertise. They are a more exclusive firm that is certainly geared more towards high-net-worth individuals.
The firm focuses on the long term when it comes to client investments, and they mainly take a disciplined approach to investing that allows for diversification and focusing on larger scale economic cycles.
Ferguson Wellman Capital Management is a fee-only firm that has a $3 million minimum account requirement.
You can expect the following working with Ferguson Wellman Capital Management:
- Education programs to help clients more easily understand the financial world.
- A variety of strategies for clients of different dispositions.
- A team-based approach that means the firm is willing to work with other professionals.
3) Becker Capital Management
Our third firm, Becker Capital Management, is also from Portland. It has $4.23 billion in assets under management, and it’s been around since 1976, operating by the same value and research-oriented principles since its inception. Mostly catering to high-net-worth individuals, they consider themselves a boutique firm and are willing to adjust their personalized services to meet the needs of the client.
They are careful about the investments they choose, but they are willing to try either a more active or conservative approach on behalf of their clients, depending on your risk-tolerance and goals.
Becker Capital Management is a fee-only firm that has a $1 million minimum asset requirement.
You can expect the following working with Becker Capital Management:
- Experience working with non-profit organizations if you are in such a leadership position.
- A mindset that is always focused on your long-term financial security.
- Experience working with families and generational clients.
4) Northwest Capital Management
Our fourth choice from Portland is Northwest Capital Management, a firm founded in 1998 that has $3.3 billion in assets under management. They work with individuals of all types and also will work with some institutional clients, primarily focusing on investment management and advice. They also have an office in Seattle for those who travel between the two cities.
Their core investment focus is asset allocation and how they can best distribute your wealth to minimize risk while allowing you to maintain the returns you desire. They have several plans and core portfolios available.
Northwest Capital Management is a fee-only firm that has no stated account minimum, although you will want to check account-specific fees.
You can expect the following working with Northwest Capital Management:
- The use of fantastic tools and technology alongside the latest research to stay on the leading edge of the financial world.
- A set of strong values and standards for their advisors that ensure excellent service.
- Regular communication and reports about your portfolio and assets, and where they might be headed.
5) Trailhead Planners
Based in Salem, we found Trailhead Planners to be the best overall choice there, despite the fact they are a very, very small firm with only a little over $20 million in assets under management. If you don’t think this is enough, we completely understand. However, they are a great firm for those individuals looking to have a sustainable and stable future. They provide all the most common services and they also have an office in Minneapolis.
They believe in a comprehensive approach when working with clients, understanding that wealth is more than just a number for most. They invest in a tax-efficient manner and will customize a plan and portfolio to your needs.
Trailhead Planners is a fee-only firm that has no stated minimum account requirement.
You can expect the following working with Trailhead Planners:
- The ability to meet virtually, making them an excellent option for people who are away from Salem or travel often.
- Responsible and sustainable investing programs for those concerned about the impact of their portfolio.
- A very accessible team that deeply cares about your end goals.
As it stands, nearly all of the best financial advisors in Oregon are based in Portland, where most of the money lies. These choices will suit most people. However, if you insist on looking for a firm outside Portland, be careful of biased advisors and firms that might not be able to provide the level of service that the above five selections can. As a result, we urge you to carefully consider the firms on this list so that you can get your financial future heading in the right direction.