The merger of Laird Norton Wealth Management (LNWM) and Wetherby Asset Management (WAM) created a firm with a national presence — Seattle, San Francisco, Los Angeles, New York — and now Philadelphia. The recent addition of a Philadelphia office will allow us to serve more high-and-ultra-high net worth clients on the East Coast with sophisticated wealth planning and investment services that include: impact investing, private equity and other alternative investing solutions, trust services and multi-generational estate planning, philanthropic advising, and family business advisory.
Our enhanced capabilities and larger geographical reach enable us to better serve clients and their families as their lives change and evolve over many generations. All the while, our relationship with the Laird Norton Company will continue to act as a ballast, supporting a solid financial footing and a deep commitment to long-term, patient capital as opposed to short-term growth at any cost.
As we expand geographically, we are building on an operating model that LNWM and WAM have long believed best serves clients: remain private, independent, and fee-only (paid only by our clients). As a number of our competitors have been selling their businesses to private equity firms in recent years, we were grateful for the financial stability provided by LNWM’s unique combination of ownership by a multigenerational family business (the Laird Norton Co.) and our employees. Going forward, a private and independent ownership structure will work best for all our stakeholders: our clients but also our employees, owners and the communities in which we operate. Clients can trust that the advice we provide is objective and geared to help them achieve important financial, life, and legacy goals.
