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January 14, 2022
Laird Norton Wealth Management and Wetherby Asset Management have merged. The combination establishes a national presence with offices in Seattle, San Francisco, Los Angeles and New York City. The new enterprise manages over $15 billion in client assets. Kristen Bauer, Laird's CEO, is now CEO of the combined firms. Debra Wetherby maintains the role of managing partner of WAM and serves on an expanded Laird board of directors. Senior leadership teams are working together to integrate operations. The combined company retains both the Laird and Wetherby names, and continues to serve high and ultra-high net worth families. Financial details associated with the merger were not disclosed. Founded in 1990, WAM is headquartered in San Francisco with offices in Los Angeles and New York. Headquartered in Seattle, Laird Norton Co. is a seventh-generation, family-owned enterprise with investments in real estate and operating companies. Laird Norton Co. is the majority owner of Laird Norton Wealth Management, and wholly owns Laird Norton Properties, a Seattle-based real estate investment firm.