Brighton Jones Acquires Blueprint Capital Services

Tuesday, July 10, 2018

Two Washington Leaders Join Forces in Innovative, Trendsetting Partnership

Seattle, WA – Brighton Jones, the largest Registered Investment Advisor (RIA) in Washington, has acquired a majority interest in Blueprint Capital Services, the manager of Seattle’s leading real estate investment trust (REIT). The extraordinary growth and now combination of these two businesses is notable given their respective impact on the Seattle business community. The deal also solidifies Brighton Jones’ position as the most comprehensive resource for high net-worth individuals in the Pacific Northwest.

“Through our acquisition of Blueprint, we gain access to exclusive investment opportunities in private real estate and private credit for our clients,” said Jon Jones, co-founder and CEO of Brighton Jones. “Not only does this acquisition open the door to attractive investment opportunities, but we are also bringing in brilliant real estate minds who can help us add more value when advising clients on personal real estate transactions.”

What’s more, the acquisition signifies an innovative growth strategy for Brighton Jones, as the broader RIA industry has long been marked by growth via inorganic consolidation. In this transaction, Brighton Jones has sought to acquire a company that helps extend its areas of expertise. The company prides itself on being the industry leader in providing holistic advice around their clients’ entire balance sheet.

“We’ve spent nine years growing Blueprint in Seattle and watched the industry and the community experience huge change. As a leader in this space, we are thrilled to partner with another notable leader to offer more to our REIT investors, to Brighton Jones clients, and to the Seattle community,” said Mark Knoll, CEO of Blueprint Capital Services.

The news isn’t just a win for Brighton Jones and Blueprint clients—it’s also a win for the Seattle community and beyond. Both organizations have long been philanthropic leaders who continue to invest extensively in the Pacific Northwest and abroad. Brighton Jones, a recipient of both the 2017 Corporations for Communities Award from Washington Secretary of State Kim Wyman and the 2018 Governor’s Volunteer Service Award, recently celebrated the opening of a volunteer guesthouse in Kajiado, Kenya. The project, made possible through the contributions and creativity of Brighton Jones employees and clients, serves as a place of learning, connection, and refuge for children in need. For their part, Blueprint believes that quality housing is fundamental to stronger families and communities. In that spirit, the firm partnered with Seattle’s Union Gospel Mission—donating $500,000 in land, labor, and materials in the process—to create more than a dozen units of transitional housing for at-risk women and children.

“By combining the time, talent, and treasure of two companies with such rich histories of focusing on causes and organizations near and dear to the hearts of our employees and clients alike, I can only begin to imagine the impact we can have on those in need,” said Jones. “There’s nothing more rewarding as an individual or an organization than to help others, and I am excited to see the good we can do by bringing our passionate teams together under one roof.”

About Brighton Jones
Brighton Jones is a nationally-recognized Registered Investment Advisor based in Seattle. The firm, a “100 Best Companies to Work For” honoree 11 years running, provides wealth management services to executives, entrepreneurs, and other individuals and families of substantial income or assets. Brighton Jones fills the role of their clients’ Personal CFO, advising them on all aspects of their financial picture. The firm’s expertise includes investments, insurance, estate and tax planning, philanthropic strategy, and retirement, to name a few. After getting its start as a two-person shop less than two decades ago, Brighton Jones now has more than 150 employees and has opened additional offices in San Francisco, Portland, Washington, D.C., and Scottsdale.

About Blueprint Capital Services, LLC
Blueprint Capital Services, LLC, a majority-owned subsidiary of Brighton Jones, serves as the external manager of Blueprint Capital REIT, Inc., Seattle’s leading real estate investment trust which provides construction financing to small-scale builders and develops income producing property for long-term value. Blueprint guides the REIT’s business strategy, sources and manages its real estate assets and oversees investor relations. Since 2010, Blueprint has originated over $1 billion in loans and has developed over 2,500 units for its customers and the REIT portfolio.

This press release was originally published by PR Newswire.


Puget Sound Business Journal: Washington’s largest wealth management firm buys into Seattle housing lender (subscriber-access only)

New on Our Blog

IMPORTANT DISCLOSURE INFORMATION

Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Brighton Jones LLC), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained on this blog serves as the receipt of, or as a substitute for, personalized investment advice from Brighton Jones LLC.

To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Brighton Jones LLC is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Brighton Jones LLC’s current written disclosure statement discussing our advisory services and fees is available for review upon request.

Brighton Jones is not affiliated with Facebook, Twitter, LinkedIn, Google+, YouTube or other social media websites and we have no control over how third-party sites use the information you share. Please remember that you should never communicate any personal or account information through social media and it is important to familiarize yourself with their respective privacy and security policies.

Pin It on Pinterest