Awards and Recognition

We are proud to be recognized as a team and individually. Please see our Important Disclosures page for award methodology.


 2018

  • Barron's recognizes Erik Morgan as the #1 Advisor in Washington State

"While many advisors view the world through the lens of publicly traded securities, Erik Morgan, 48, of Seattle’s Freestone Capital Management, takes a broader view. He believes both stocks and bonds are fully priced. Today, his model portfolio might consist of 30% to 40% in private equity, real estate and hedge funds. The idea resonates, especially with clients who are business owners and executives who don’t want plain-vanilla portfolios. ‘They understand that there are other ways to make money besides buying a broad basket of securities,’ he says. While some may question the safety of such portfolios, the objective is to reduce risk with investments that aren’t correlated to stocks or bonds. One area he’s looking at is a hybrid of private equity and real estate that invests in the assisted-living industry. ‘The demographies are compelling, and some have been poorly managed over the years, so there are opportunities for turnarounds,’ he says.” – C.W.M

  • Barron's recognizes Bob Mellon as one of the top advisors on Washington State
  • Financial Advisor's RIA Survey & Ranking 2018

Freestone is ranked #69 (out of 707) RIAs in the United States 

  • Five Star Professional Wealth Management Awards

Congratulations to the following Advisors for their recognition as a 2018 Five Star Wealth Manager: Andrew Erisman, Bob Mellon, Christopher Odem, Pete Forras, Peter, Wicklund and Robb Carter

 2017

  • Barron's recognizes Erik Morgan as a Top 100 Independent Financial Advisor

Erik Morgan is recognized by Barron's as a Top 100 Independent Financial Advisor. He ranked #20 out of 100 advisors in the United States

  • Barron's journalist Steve Garmhausen details how Freestone's Erik Morgan was able to ride the technology-industry wave early on and provides a look at Freestone’s investment strategy in the current investor landscape. Please click here to view the full story: http://bit.ly/2vtnSB6
  • Barron's recognizes Erik Morgan as the #1 Advisor in Washington State

"One of Erik Morgan's clients, with a net worth north of $10 million, wasn't getting much respect at a Ferrari dealership; his cargo shorts and ZZ Top beard might have been the problem. So Morgan, 47, of Seattle's Freestone Capital Management, became his (successful) negotiator. Morgan's willingness to tackle the unusual extends to the investments he puts in his clients' portfolios. Recently, they included a $300 million portfolio of trailer parks, mainly in Alabama, Michigan, and Ohio. The starting rate was a return of 7%, but it could be boosted by higher occupancy and rent increases. Morgan says he looks for ways to provide returns that aren't correlated to stocks. Lately, that has included some master limited partnerships, REITs, and business-development companies. In equities, international stocks offer better value than domestic shares, he contends. He's bullish on Asia but cautions that investors there must make a significant financial commitment and 'be willing to endure the ups and downs.' "- Charles Keenan

  • Barron's recognizes Bob Mellon as one of the top advisors on Washington State
  • Financial Times 300 Top Registered Investment Advisors

Freestone has been named to the Financial Times 300 Top Registered Investment Advisors. The list recognizes top independent RIA firms from across the U.S. The "average" FT 300 firm has been existence for 24 years and manages $2.7 billion in assets. The 300 top RIAs hail from 34 states and Washington, D.C. We are proud to be a part of this distinguished list.

  • Financial Advisor's RIA Survey & Ranking 2017

Freestone is ranked #64 (out of 638) RIAs in the United States 

  • Five Star Professional Wealth Management Awards

Congratulations to the following Advisors for their recognition as a 2017 Five Star Wealth Manager: Andrew Erisman, Bob Mellon, Erik Morgan, Gary Furukawa, Kimberlee Hansen, Pete Forras, Peter, Wicklund and Robb Carter

2016

  • Big Climb Best New Team Award

We are honored to receive this year's Best New Team Award. This award is presented to the top fundraising new team to the Big Climb Event. We would like to thank our clients, business partners and everyone at Freestone for their tremendous support. In all, we raised $32,000 for leukemia and lymphoma research. To everyone that so generously donated, we are incredibly grateful.

  • Financial Times 300 Top Registered Investment Advisors 2016

Freestone has been named to the Financial Times 300 Top Registered Investment Advisors. The list recognizes top independent RIA firms from across the U.S. The "average" FT 300 firm has been existence for 22 years and manages $2.6 billion in assets. The 300 top RIAs hail from 34 states and Washington, D.C. We are proud to be a part of this distinguished list.

  • Barron's Top 100 Independent Wealth Advisors

Erik Morgan is recognized by Barron's as a Top 100 Independent Advisor. He ranked #30 out of 100 advisors in the United States

  • Barron's Top 1,200 Advisor Rankings: Washington

Erik Morgan and Bob Mellon is recognized by Barron's as the #3 Advisor and #30 Advisor respectively

  • Financial Advisor's RIA Survey & Ranking 2016

Freestone is ranked #67 (out of 610) RIAs in the United States 

  • WealthManagement.com's Top 100 Retail RIAs of 2016

Freestone is ranked #88 (out of 100) RIAs in the United States

  • Puget Sound Business Journal's Wealth Management Firms

Freestone is ranked #3 (out of 25) based on 2015 assets under management

2015

  • Gary Furukawa is awarded UW's Distinguished Leadership Award

At the University of Washington's Foster School of Business' Annual Business Leadership Dinner, our founder Gary Furukawa was awarded the Distinguished Leadership Award. Past award recipients include John and Bruce Nordstrom, Orin Smith and Bill Gates.

On making mistakes: "Well I think what they don't teach you in school is getting back up after getting kicked down over and over. This is a very debilitating business in the sense that everything is measured. For what I do where I'm actually managing money, it's measurable so there is no hiding behind anything. I can't wear a better suit and cover up something. It's all out there. We do what we call a dissection of our mistakes, and you go through the thought process. We have a saying in our family, 'hardship creates memories'. And we think about all our family vacations and whenever everything went right, it was a fun trip, but you don't really remember anything. But I remember the trips where something went wrong and you never forget that. So I think that's how learning from failures works as well is that you learn so much from failure, you don't really learn when everything is going great.  And I think about the failures we have here, investment mistakes. I made a mistake on a big client relationship a long time ago. And then you play it back over and over and that's really where you learn, but you have to be willing to face it and you have to be willing to dissect it and go through it and do an autopsy on the mistake. And it's painful, it's masochistic, but it's a great learning experience."

  • Barron's recognizes Erik Morgan as the #1 Advisor in Washington State

Erik Morgan is recognized as the #1 Advisor in Washington State by Barron's according to the 1,200 Top Advisors. 

"In managing clients' money, Morgan takes a page from the country's top universities. 'We've borrowed what schools like Yale, Harvard, and Stanford have done [in managing their endowments] and tweaked it so it works for our clients, ' he says. Like many endowments, Morgan, 45, invests not just in stocks and bonds but in asset classes such as hedge funds, private equity, and directly owned real estate. The result is returns that are more consistent and less volatile, he says. Morgan broke into the industry in 1992 with a small firm after cold-calling for a position. By the late 1990s, he was leading an expansion into the Pacific Northwest of accounting firm Arthur Andersen's high-net-worth advisory business. He helped start his current firm, Freestone Capital Management, in 1999. Freestone's approach may not capture all the upside of the bull market, he says. 'But we've also side-stepped a lot of the [market crash] disasters.' "- Steve Garmhausen

  • Puget Sound Business Journal's Wealth Management Firms

Freestone Capital Management is ranked #3 (out of 25) based on 2014 assets under management

  • Financial Advisor's RIA Survey & Ranking 2015

Freestone is ranked #69 (out of 562) RIAs in the United States 

  • InvestmentNews Top fee-only RIAs by State

Freestone is ranked #3 in Washington State

  • WealthManagement.com's Top 100 Retail RIAs of 2015

Freestone is ranked #51 (out of 100) RIAs in the United States

2014

  • Barron's Top 100 Financial Advisors

Erik Morgan is recognized by Barron's as a Top 100 Financial Advisors. He ranked #13 out of 100 advisors in the United States

  • Barron's recognizes Erik Morgan as the #1 Advisor in Washington State

Erik Morgan is recognized as the #1 Advisor in Washington State by Barron's according to the 1,200 Top Advisors 

  • Financial Times 300 Top Registered Investment Advisors 2014

Freestone has been named to the Financial Times 300 Top Registered Investment Advisors

  • Puget Sound Business Journal's Wealth Management Firms: 

Freestone Capital Management is ranked #4 (out of 25) based on 2014 assets under management

  • WealthManagement.com's Top 100 Retail RIAs of 2014

Freestone is ranked #30 (out of 100) RIAs in the United States

  • Five Star Professional Wealth Management Awards

2013

  • Barron's recognizes Erik Morgan as the #1 Advisor in Washington State

Erik Morgan is recognized as the #1 Advisor in Washington State by Barron's according to the 1,200 Top Advisors

"Morgan, like his clients, has benefited from a long run of wealth-creation in the Seattle area; think Amazon.com and Microsoft. He enjoys helping those with new wealth navigate its 'softer' but still challenging aspects--to be good stewards of wealth--but his main goal, of course, is wise investing. And in this tricky economic and political environment, it's far more complicated than a 60/40 split of stocks and bonds, he says. Morgan, 43, recommends a portfolio of about 20% fixed-income investments, about 40% equities, 15% hedge funds, and the rest in direct investments into distressed real estate and private equity, where, he says, there are still 'fantastic values.' Even though Morgan missed much of the run-up in stocks in the past two years, he still feels that 'the more compelling opportunities are in the more illiquid assets." - Hilary Johnson

  • Barron's Top 100 Independent Wealth Advisors

Erik Morgan is recognized by Barron's as a Top 100 Financial Advisors. He ranked #16 out of 100 advisors in the United States

  • Financial Advisor's RIA Survey & Ranking 2013

Freestone is ranked #61 (out of 522) RIAs in the United States 

  • Puget Sound Business Journal's Corporate Philanthropists - Small Firms

  • 5 Star Professional Wealth Management Awards

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