SageView buys retirement plan practice of Oregon firm
![SageView](https://s32566.pcdn.co/wp-content/uploads/2021/04/handshake-partnership-951x634.jpg.optimal.jpg)
Arnerich Massena is shedding retirement assets to focus on private wealth management, endowments and foundations.
SageView Advisory Group, a Newport Beach, California-based registered investment advisory firm specializing in retirement plans and overseeing about $134 billion in assets, has acquired the retirement plan services practice of Arnerich Massena, an advisory firm in Portland, Oregon.
As part of the move, Luka Arnerich, who had spent 8 years at Arnerich Massena, will join SageView as a retirement plan consultant.
The sale will allow Arnerich Massena to concentrate on private wealth management, endowments and foundations, Bryan Shipley, the firm’s Co-CEO and chief investment officer, said in a press release.
Learn more about reprints and licensing for this article.