Seller Details:
Founded in 2012, Sellwood Investment Partners (“Sellwood”), a Portland, Oregon-based investment advisory firm with $11 billion in total assets, provides advisory and discretionary investment management services to endowments, foundations, 529 and 529A plans, retirement plans, and high-net-worth individuals.
Buyer Details:
Wealthspire is an independent wealth management, institutional advisory, and business management firm. Wealthspire Institutional is an independent institutional advisory platform providing retirement plan advisory and endowment and foundation investment consulting services to organizations across the United States. The platform offers both traditional investment consulting and outsourced chief investment officer (OCIO) and ERISA 3(38) fiduciary services designed to support long-term governance, cost efficiency, and responsible asset stewardship. Wealthspire Institutional includes 350+ professionals serving clients nationwide.
Transaction Summary:
Wealthspire’s Fiducient Advisors has entered into an agreement to acquire Sellwood. Known for its customized portfolios and long-standing relationships, Sellwood strengthens Wealthspire’s institutional and private client advisory business in the Pacific Northwest. As part of Wealthspire, Sellwood’s clients will benefit from expanded research and resources while continuing to receive tailored, hands-on service from the same team they currently work with.