Home / transaction / Berkshire Global Advisors acted as financial advisor to Laird Norton Wealth Management
Berkshire Global Advisors acted as financial advisor to Laird Norton Wealth Management
  • has merged with
  • Berkshire Global Advisors acted as financial advisor to Laird Norton Wealth Management

  • Date: December 2020
  • Sector: Wealth Management
  • Region: North America
  • Seller AUM: $2 Billion
  • Seller Details:
    From its founding in 2006, Filament has established itself as a preeminent boutique wealth advisor offering family office and investment advisory services specially designed for families of significant wealth. Independence, illumination and innovation have been the hallmarks of the firm’s efforts to help clients resolve financial complexity and enjoy life more fully. With a business rigorously designed to put client’s interests first, Filament has earned the role of trusted advisor to approximately 100 client families representing over $2B in assets under management.

    Buyer Details:
    With $6 billion in assets under management post-merger, Laird Norton Wealth Management is the Northwest’s premier wealth management and trust company. Originally founded to serve the financial management needs of the Laird and Norton families, the firm now provides investment management, wealth planning, family business advisement and trust services for individuals, families, private foundations and nonprofit organizations throughout the West. For more than 50 years, Laird Norton Wealth Management has been devoted to helping its clients and their families achieve security, find happiness and thrive in every aspect of their lives. LNWM is relentless in the pursuit of client satisfaction and is committed to making each client’s best interest its number one priority.

    Transaction Summary:
    The newly merged firm will retain the Laird Norton name and manage $6 billion in client assets. Kristin Bauer, who has spent more than 20 years building multi-generational relationships with some of the country’s most dynamic families including the Northwest’s legendary Russell Family, will serve as CEO. Filament’s three co-founders and senior leaders, Scott Butterfield, Conrad Gehrmann and John Goodwin will serve on an expanded LNWM Board of Directors and in executive management roles.