“I am honored to be recognized by the Place With No Ceiling Awards,” Reegan responds. “As a CEO in the investment industry, where only 15% of advisors and only 6% of CEOs are women, I am committed to helping other women find success in our industry and particularly in helping young women and girls find their way to fulfilling careers in finance.”

Jessica Getman, Portland Metro Chamber Board Chair Emeritus and President of Brown & Brown, says, “Each year we celebrate those that lead with equity and support the advancement of women – both individual women as well as large and small companies. From the first female CEO of a business to organizations elevating women to the highest positions, we recognize the great work being done in the Pacific Northwest to foster a vision of a place with no ceiling.” The company award winners include Lane Powell, one of the Pacific Northwest’s oldest law firms, and Quinn Thomas, a world class marketing communications agency. 

“We are very appreciative of Portland Metro Chamber for recognizing and elevating women in business, and I am so pleased to see Reegan recognized for her efforts,” says Arnerich Massena Chief Operating Officer Shelly Kapoor. “Reegan is committed to encouraging, supporting, and elevating women in the financial services industry. She has built a culture of inclusion — including a leadership team that is thirty percent female — and launched the company’s sponsorship of Rock the Street, Wall Street, a non-profit organization that provides financial and investment education to high school girls to spark their interest in careers in finance.” 

Honorees are selected based on a specific set of judging criteria determined by a committee of Portland Metro Chamber members. Winners of the Sandra K. McDonough Leadership Award are decided based on their mentorship of women in the business community, level of community engagement, and leadership in business. View Portland Metro Chamber’s press release at https://portlandmetrochamber.com/resources/2023aplacewithnoceiling/   

Place With No Ceiling honorees will be celebrated on September 28, 2023 at the Oregon Museum of Science and Industry.

ABOUT ARNERICH MASSENA – Founded in 1991, Arnerich Massena is a Portland-based independent investment advisory firm focused on building lasting legacies by servicing endowments, foundations, charitable organizations, private clients, and trust and estates. The firm provides traditional portfolio management and investing, as well as multi-family office services, for clients, and is also widely known for successfully investing in high-impact areas like water resources, sustainable agriculture, fisheries, healthcare, and clean energy technology. Arnerich Massena strives to be a business that exemplifies both corporate citizenship and professional service, and has received awards for its innovations in corporate philanthropy.  More information is available at www.arnerichmassena.com.

In a statement regarding her appointment, Bahramian said, “I am truly honored to join the Board of Directors of the Oregon Arab Iranian Bar Association. I am deeply committed to fostering an environment of inclusivity and collaboration within the legal community. OAIBA’s mission personally resonates with me, and I am excited to contribute to the advancement of Arab and Iranian legal professionals and the promotion of justice for our communities.” Bahramian will serve on the board alongside Tonkon Torp partner Parna Mehrbani, an OAIBA founding board member.

Bahramian is an associate in Tonkon Torp’s Business Department where she works with clients as part of the firms’ Real Estate & Land Use, Mergers & Acquisitions, Entrepreneurial Services, and Cannabis groups. Outside of work, she pursues her love for travel and family, and for studying foreign language and linguistics; she is fluent in Farsi and is learning Turkish.

About Tonkon Torp – Tonkon Torp LLP is a leading business and litigation law firm serving public companies, substantial private enterprises, entrepreneurial businesses, and individuals throughout the Northwest. For more information, visit tonkon.com.

Currently, as of July 1st, 2023, Oregon minimum wage is $14.20 per hour (standard minimum wage rate).

Other wage rates for special locations in Oregon have also increased as follows:

• Portland Metro Minimum Wage: $15.45 per hour
• Non-Urban Minimum Wage: $13.20 per hour 

Under Oregon law, Oregon minimum wage will update each year, and each year such update will be calculated and announced no later than April 30th.

The calculation is based on “any increase in the U.S. City Average Consumer Price Index (“CPI”) for All Urban Consumers for All Items from March of the preceding year to March of the year in which the calculation is made. This amount is required to be rounded to the nearest five cents” per the Oregon Bureau of Labor and Industries (BOLI).

The minimum wage update comes as the second major wage update for the state of Oregon this year, the first being centered around agricultural overtime in Oregon, which stated that as of January 1st, 2023 employers must start paying out overtime to agricultural workers that work 55 hours in one workweek.

“Businesses should look at modern payroll solutions and software, as well as compliance services such as labor law poster subscriptions to ensure that they manage compliance. These types of updates to legislation are quite frequent in Oregon, so an adaptable solution that can keep up is crucial in order to avoid legal trouble,” said the president of GNSA, Katharina Fink.

Businesses looking for more information on Oregon payroll software or other questions regarding Oregon payroll laws and processing should contact GNSA today. 

See Original Source.

About GNSA – Residing in the heart of the Pacific Northwest for over 20 years, GNSA has established a customer portfolio that extends beyond our Portland, OR headquarters to include every state in the continental U.S. With over 175 years of combined experience, we have found that what really sets GNSA apart from our competitors is our people! Our motto consists of the never-ending belief that the customer experience is what is most important. For us to ensure this to our clients, we must have a staff that consists of Caring, Responsive, Exceptionally Bright individuals and, most importantly, Happy Employees! Meet the Team.

“Businesses across the state have now been thrust into offering retirement and 401(k) planning. Yet, most have no idea where to begin, even if they are looking to get started with the most basic of offerings, OregonSaves” said the president of GNSA, Katharina Fink. 

Back in March of 2023, businesses with at least three employees became required to offer a qualified retirement plan or otherwise sign up for OregonSaves. Now all businesses with at least one employee as well as those utilizing a Professional Employer Organization (PEO) or Leasing Agency must offer a qualified retirement plan or OregonSaves.

“The biggest issue we find is that all these employers who are new to managing 401(k) and retirement get started with OregonSaves, and then most have trouble manually administering their retirement plans as well as keeping the information updated in both their payroll and 401(k) systems, again manually.” Said Fink.

To avoid manual 401(k) and retirement plan administration, businesses have the option of turning to an integrated retirement and 401(k) plan, instead of OregonSaves, which eliminates the need for things such as manual deduction and contribution updates through a 360 integration with your payroll software.

With plans starting at just $120 per month and $4 per employee, employers who get started with 401(k) retirement planning can satisfy their OregonSaves compliance requirements without forcing themselves to use OregonSaves.

Oregon businesses that are unsure of what they should do or how to proceed regarding the new retirement plan requirements of the state should contact GNSA today.

See Original Press Release on the OregonSaves Update.

About GNSA – Residing in the heart of the Pacific Northwest for over 20 years, GNSA has established a customer portfolio that extends beyond our Portland, OR headquarters to include every state in the continental U.S. With over 175 years of combined experience, we have found that what really sets GNSA apart from our competitors is our people! Our motto consists of the never-ending belief that the customer experience is what is most important. For us to ensure this to our clients, we must have a staff that consists of Caring, Responsive, Exceptionally Bright individuals and, most importantly, Happy Employees! Meet the Team.

Sortun became a Tonkon Torp partner in 2014. She has built a reputation as a tenacious litigator, handling high-stakes cases across various industries. Her deep understanding of the federal and state legal systems and thoughtful advocacy have earned her the respect of clients and peers alike. As a member of the Managing Board, she aims to focus on the strategic direction of the firm, and explore avenues to expand the reach and impact of the firm’s significant community focus. Sortun recently concluded an impactful tenure as Co-Chair of the firm’s Litigation Department.

Cronn became a Tonkon Torp partner in 2000. He is widely regarded for his exceptional legal acumen in corporate law, mergers and acquisitions, and equity ownership disputes. Clients seek his counsel on navigating complex business transactions that can involve significant dollars. As a member of the Managing Board, he plans to prioritize investments in social and technical innovation to enhance the firm’s capabilities and deliver even greater value to clients. Cronn recently concluded 15 years of successful service as Chair or Co-Chair of Tonkon Torp’s Business Department.

The addition of Sortun and Cronn to the Managing Board comes at a time of continued growth for Tonkon Torp, which is entering its 50th year in 2024. The firm has consistently demonstrated its commitment to providing top-notch legal services across many practice areas. Tonkon Torp remains well-positioned to continue its tradition of excellence in serving clients throughout the Pacific Northwest and beyond. Sortun and Cronn will serve on the Managing Board with Kurt Ruttum and partners Paul Conable, Bob Carey, and Christopher Pallanch.

About Tonkon Torp – Tonkon Torp LLP is a leading business and litigation law firm serving public companies, substantial private enterprises, entrepreneurial businesses, and individuals throughout the Northwest. For more information, visit tonkon.com.

At question in both cases is whether compulsory membership in the Oregon State Bar violates individual rights to free speech and free association under the First and Fourteenth Amendments to the United States Constitution. After Judge Simon of the U.S. District Court granted the OSB’s motions to dismiss in both cases, the plaintiffs appealed and the cases were argued at the U.S. Court of Appeals for the Ninth Circuit in May, 2020.

In its February 2021 opinion, the Ninth Circuit affirmed claims regarding free speech and remanded a single question on freedom of association back to the district court for consideration. The plaintiffs also filed unsuccessful petitions for writs of certiorari asking the U.S. Supreme Court to overturn Keller v. State Bar of California (which establishes the constitutional guardrails for an integrated state bar) because it was based on Abood v. Detroit Board of Education (regarding compelling non-union members to pay their fair share of collective bargaining costs), which was reversed by the Supreme Court’s 2018 decision Janus v. AFSCME.

Litigation associate Paul Balmer joined Steven Wilker in spring 2021 to defend the remaining freedom of association claims in District Court. In February 2023, Judge Simon granted the OSB’s motion for summary judgment on the plaintiffs’ surviving claims. The plaintiffs have again appealed to the Ninth Circuit.

The basis of these two cases threatens the existence of the Oregon State Bar and is part of a nationwide effort to eliminate integrated state bars, which both regulate admission to practice law and provide additional services to and for attorneys. In 2019, in recognition of his work on the case, Steven was one of four attorneys presented with the Oregon State Bar President’s Special Award of Appreciation.

About Tonkon Torp – Tonkon Torp LLP is a leading business and litigation law firm serving public companies, substantial private enterprises, entrepreneurial businesses, and individuals throughout the Northwest. For more information, visit tonkon.com.

Traditional economic theories hinge on modeling a hypothetical individual who is perfectly rational and self-interested, but it turns out human beings are messier, with often-flawed reasoning and illogical decision-making. Over the last few decades, behavioral economists have been studying the mental shortcuts — or heuristics — humans use, and the ways emotions can warp our thinking to better understand how to anticipate where people fall short of rational judgment and what we can do to overcome our “bounded rationality,” a term coined by economist and psychologist Herbert A. Simon. Arnerich Massena’s paper outlines some of the most common heuristics — from availability and anchoring to status quo bias and the sunk cost fallacy — discussing how they operate and affect investors.

“Volatility can be an emotional experience for investors, particularly younger investors who grew up during a time of a historic bull market,” explains Co-CEO and Chief Investment Officer Bryan Shipley, CFA, CAIA. “For some investors, it helps to give context to their experience and solutions for making rational and logical decisions in the face of discomfort. Volatility is an innate aspect of investing, and actually contributes to long-term returns; our goal with this paper is to help investors manage that experience without letting it run their portfolio.”

Senior Investment Advisor and co-contributor Dave Janec, FRM, adds, “Ultimately, we want our clients to become better investors. An understanding of behavioral economics is important for anyone making financial decisions, but particularly for those working to build a long-term investment portfolio.”

The paper closes with ideas for maintaining discipline in an investment strategy, offering readers practical actions that can guide their investment decisions using rational facts, data, and analysis. Click here to read and/or download the white paper.

ABOUT ARNERICH MASSENA – Arnerich Massena is an independent, fully employee-owned investment firm based in Portland, Oregon. Dedicated to building lasting legacies to serve a higher good for its clients, the company has been around for three decades and has an AUM of about $2B (as of 12/31/22). With a focus on serving wealth management clients and endowments & foundations, the firm is distinguished by its exceptional client service, unbiased, proprietary research, and a long history of providing creative, high-quality investment advice. For more information about Arnerich Massena, please visit https://arnerichmassena.com/.

Pallanch is a partner in Tonkon Torp’s Litigation Department and co-chairs the firm’s Financial Services & Investment Management Practice Group. He has a wide-ranging practice that centers on finding solutions and offering strategic guidance for complex business disputes. In addition to trying cases in federal and state court, Pallanch represents businesses in enforcing and defending their trade secrets and trade dress, responding to regulatory investigations (at the federal, state, and agency levels), and helping to minimize risks while maximizing returns.

About Tonkon Torp – Tonkon Torp LLP is a leading business and litigation law firm serving public companies, substantial private enterprises, entrepreneurial businesses, and individuals throughout the Northwest. For more information, visit tonkon.com.

The mine has a full 43-101 and is made up of 5 parcels with 54 acres, with an additional 10 acre state mining claim for 64 acres, all selling as one. Excavating equipment, a processing plant and supporting infrastructure including tailing and settling ponds are in place and will convey. There is also a commercial water well with water rights, pipeline/pumps and electric. Employee housing is also on site.

The auction will be conducted onsite at 40981 Spaulding Ridge Rd in Sumpter, OR at 12pm PT on Tues June 6^th. Simultaneous online bidding will be available at https://AuctionNetwork.com. Fontana Fitzwilson, Executive Vice President of Williams & Williams, said public inspections of the site and equipment will be available on May 5 & 19. She stated these dates will be the only times the buildings will be open for walk throughs, and the mining operation will be demonstrated during the open inspections.

The mine is actively producing although it is closed until the season opens in mid-May. A full due diligence package is available for prospective buyers by contacting Williams & Williams. The high bidder at the auction will go under contract immediately and will have 30 days to close. Please visit https://www.williamsauction.com/GoldMine for terms, disclosures and photos, or call 800.801.8003. 

Williams & Williams is a worldwide real estate auction firm and the leader in global live and interactive auctions. A full-service brokerage with an operating footprint in all 50 United States and U.S. Territories, the company is part of the Insight One Solutions family of companies. Williams & Williams also cooperatively partners with residential, commercial and land brokers to auction property throughout the United States and abroad.

“A growing number of non-profit organizations are switching to a discretionary approach to investment services,” notes Terri Schwartz, managing director of business development and contributor to the paper. “We want to help organizations understand why the shift is happening and what it may mean for them.”

In a discretionary model, the investment advisor has discretion over some investment decisions within defined parameters, which differs from a traditional advisory relationship, in which the advisor makes recommendations and the committee is responsible for all final decisions. Why the move to discretion? Increasingly complex markets, resource constraints, risk management, timely decision-making, and fiduciary oversight are just a few of the reasons organizations are finding a discretionary model helpful. “Organizations are beginning to see significant advantages to a discretionary model, depending on their size and needs, the committee’s makeup, and the long-term goals of the organization,” the paper explains.

“A discretionary model helps the committee focus on governance rather than management, can improve the effectiveness and efficiency of the investment process, and more closely aligns authority for portfolio decisions with the results.” Arnerich Massena’s research explores each of these topics individually, providing a discussion about how discretionary services differ from a traditional model as it relates to each point. The paper also helps organizations understand how to evaluate discretionary services and build a relationship with their advisor that will best serve their mission. “Even more so than with traditional investment advisory services, the fit between the advisor and the organization can have a tremendous impact on the long-term success of the program.”

“We think the discretionary approach to investment services can offer tremendous benefits, and want to share that information with our clients and the public,” says Dave Nute, CEO. “This paper outlines our thinking on why a non-profit organization should consider discretionary investment advisory services.”

A downloadable version of Putting Your Mission First: Why non-profits are choosing discretionary advisory services is available at http://www.am-a.com/about/research.htm.

About Arnerich Massena: Founded in 1991, Arnerich Massena is a Portland-based independent investment advisory firm servicing endowments, foundations, private clients, charitable organizations, trusts and estates, and corporate retirement and profit sharing plans. The firm provides traditional portfolio management and investing for clients, and is also widely known for successfully investing in high-impact areas like water resources, sustainable agriculture, fishing, healthcare, and clean energy technology. Arnerich Massena strives to be a business that exemplifies both corporate citizenship and professional service, and has received awards for its innovations in corporate philanthropy.  More information is available at www.arnerichmassena.com.