McAdams Wright Ragen (MWR), a Seattle-based wealth management firm that oversees more than US$100 billion in client assets, has agreed to merge with Baird, an employee-owned wealth management firm in the US.
MWR offers investment advisory, brokerage, equity research, bond and equity trading, asset management, institutional sales, and investment banking through seven offices in the Pacific Northwest.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
MWR employs 180 people including more than 85 financial advisors. Terms of the deal were not disclosed.
McAdams, president and CEO of MWR, said: "Baird’s independent, employee-owned model and its deep expertise and capabilities, along with its commitment to being a great place to work and putting clients’ needs above all else, make our decision to join forces the best next step for our business and our clients."
Brooks Ragen, chairman of McAdams Wright Ragen, said: "With our reputation and capital on the line every day, we manage conservatively and are extraordinarily focused on how well we perform for our clients and on how we best serve them."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
