Strategy

Seattle-Based Wealth House Reportedly Expanding Into San Francisco Market

Tom Burroughes Group Editor May 2, 2017

Seattle-Based Wealth House Reportedly Expanding Into San Francisco Market

The Northwest-based firm is reportedly pushing further south.

Seattle-based Columbia Pacific Wealth Management has expanded its reach to San Francisco, according to the Puget Sound Business Journal. 

The firm has reportedly hired staff to bring in clients with as much as $500 million in assets, bringing the firm's assets under management to nearly $3 billion, the publication said. Family Wealth Report could not obtain further details at the time of going to press. It has contacted the business and may update in due course.

In May 2015 CPWM acquired Kibble & Prentice Private Investment Advisory Group. 

CPWM was formed by parent firm Columbia Pacific Management about 25 years’ ago; in 2006, it launched Columbia Pacific Wealth Advisors, an alternative investment platform specifically for the Baty family and a number of outside investors. In 2011, CPWM was formed.

 

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