Seattle-based Laird Norton Wealth Management, a registered investment advisory and subsidiary of the Laird Norton Company, announced it has merged with fellow Seattle firm Filament, to create a $6 billion RIA. Terms of the deal were not disclosed.
The firm will retain the Laird Norton name, and Kristen Bauer will serve as CEO of the combined entity. Filament founders Scott Butterfield, Conrad Gehrmann and John Goodwin will serve on the executive management team, as well as the firm’s board of directors.
“Combining Filament’s talents and resources with those of Laird Norton Wealth Management provides an unprecedented opportunity for growth, but more importantly it provides a unique platform of services and solutions unrivaled in the Pacific Northwest,” Butterfield said in a statement. “I believe the future is very bright for the durable, multi-generational firm we have created.”
The combined firm will provide private placements, alternatives and impact investments, trust services, multigenerational estate planning and philanthropy advising, family business and real estate advisory services, and financial and tax planning.
