Asset Management Tips

Marran Ogilvie is a Partner, Chief Operating Officer and General Counsel of Ramius Capital Group, LLC. Ms. Ogilvie is also a member of the Senior Management Committee. Ms. Ogilvie joined Ramius in 1994, was appointed as its General Counsel in 1997 and as its Chief Operating Officer in 2007. She oversees the Firm's infrastructure areas which include legal, compliance, accounting, operations, technology and human resources. She is also involved in the strategic decision-making for Ramius products and its business. Ms. Ogilvie is NASD licensed as a Financial and Operations Principal, General Securities Principal, Municipal Securities Principal, Registered Options Principal, General Securities Representative, Commodity Futures Representative and Registered Equity Trader. In addition, she is a member of the American Bar Association and the New York State Bar Association. read more

Local investment firm The Sienna Group will pay $40 million for a stake in Freestone Capital Management, a Seattle-based wealth and asset manager, the two companies said.

Freestone, which ranks among the 30 largest independent U.S. wealth-management firms, plans to add a second West Coast office and look at other expansion options.

It manages investments for individuals and families with liquid assets of $2 million to $100 million.

Freestone's management team and employees will remain. Founder Gary Furukawa will continue to own a significant stake in the firm and serve as its chairman and chief investment officer.

Costco

New call center slated for Yakima

Issaquah-based Costco Wholesale, the warehouse-club giant, will open a telephone call center in the former HouseValues building in Yakima, Costco CEO Jim Sinegal said Thursday. read more