Portland, Oregon-headquartered investment consulting firm Arnerich Massena & Associates has taken on David Reichle as director of its wealth management unit, according to Plan Adviser.

The firm said Mr Reichle will direct the growth and strategic direction of the practice, in addition to his role as consultant to client portfolios. He will also be a member of the investment committee.

Prior to joining Arnerich Massena, Mr Reichle was president of Pacific Investment Advisors, a Portland-based wealth management firm he founded in 1997, according to a news release. He also previously served as a vice president in the commercial group of Banc of America in Portland.

Arnerich Massena & Associates is a West Coast-based investment management and education consulting firm that offers services to corporations, institutions, state and local governments, charitable organisations, trusts and estates, corporate pension and profit-sharing plans, and private clients. The firm has $12 billion in assets under advice.