Wealth management firms Laird Norton and Filament merged and became the largest wealth management firm in the Pacific Northwest last week.

The two privately held firms will continue under the Laird Norton name with Kristen Bauer serving as CEO. Bauer was previously the CEO of Laird Norton Wealth Management (LNWM).

Filament’s senior leaders and co-founders Scott Butterfield, Conrad Gehrmann, and John Goodwin will continue in executive management roles as well as on the LNWM board of directors. Together, the newly merged LNWM will manage $6 billion in client assets.

“Filament is a company to be admired. They have built an incredible firm with deep and lasting client relationships. Our organizations have similar DNA for providing holistic, conflict-free advice,” Bauer said in a press release.

The newly merged LNWM will serve clients on the West Coast and beyond. Advisory services include investment advice, trust services, philanthropy advising, and financial and tax planning. 

Filament was founded in 2006 and LNWM in 1967. The merged firm will be located at LNWM’s current Seattle headquarters. 

“When it comes to a partner, Laird Norton Wealth Management checked all of the boxes for us,” co-founder Gehrmann said in the release. “An independent, fee-only, fiduciary advisor, the company is staffed and led by skilled advisors with deep industry experience and a passion for putting clients first.”