Pure Financial Advisors Redmond
Pure Financial Advisors has acquired fee-only Registered Investment Advisor (RIA) firm, Personal Investment Management, Inc. (“PIM”). As part of this transaction, the team at PIM has since joined Pure Financial, where they continue serving their existing clients while also assisting in the expansion of the combined business presence in the Redmond, Washington area. Read the full press release.
For nearly 40 years, PIM, a respected financial advisory firm, served clients within the Washington state university system. The integration of Personal Investment Management’s client base, located predominantly in Seattle and the surrounding areas, enhances Pure’s presence in this key market and represents a continued commitment for growth and expansion in the Pacific Northwest for Pure. As of December 31, 2024, PIM had roughly $567 million in regulatory assets under management.
“We set upon this journey under no particular pressure to change anything but with two goals in mind: to enhance our technical capacity to serve our clients and to provide greater opportunities for career advancement and enrichment for our staff,” said Christopher Reedy, CEO of PIM. “Through a competitive process involving deep discussions with many prospective partners, Pure emerged as the clear best choice for us, being the firm most aligned with our investment management and client service philosophies as well as having the leadership and infrastructure to integrate our staff in exciting new ways.”