InvestmentNews honors firm best practices

Advisory businesses recognized for top growth and profitability, as well as superior technology use

Oct 25, 2017 @ 12:01 am

By Liz Skinner and Ellie Zhu

InvestmentNews recognized 21 financial advice firms with Best Practices awards on Oct. 17, at a ceremony held in Boston.

These firms rank among the top quartile of more than 700 independent advisory firms that participated in the 2017 Adviser Compensation and Staffing Study and the 2017 Adviser Technology Study.

The businesses range in size but have one feature in common.

"Their leaders have a clear plan and vision for growing their firms and managing elite organizations," said Mark Bruno, associate publisher at InvestmentNews and head of InvestmentNews Research.

The smallest firm has about $175 million in assets under management, while the largest is about $9 billion. They are located in most regions of the country.

Scroll down to see the firms that were 2017 winners of Best Practices awards.

Mapping the Best Practices winners

Compensation and Staff Best Performers

Adviser Technology Study Best Performers

Compensation and Staffing Best Performers

A dozen firms were recognized for their growth and profitability and were identified as having superior compensation and staffing practices.

ACG Wealth


$1.8 billion

CEO Greg Fink

*Accredited Investors Wealth Management

Edina, Minn.

$1.6 billion

CEO Ross Levin

*CJM Wealth Advisers, Ltd.

Fairfax, Virginia

$625 million

CEO David Greene

Dowling & Yahnke Wealth Management

San Diego

$3.4 billion

President Will Beamer

EisnerAmper Wealth Management & Corporate Benefits

Iselin, N.J.

$590 million

Managing Officer Marc Scudillo

Foster & Motley, Inc.


$1.1 billion

Portfolio Manager Zach Horn

JMG Financial Group, Ltd.

Downer's Grove, Ill.

$2 billion

Chief Operating Officer Yonhee Gordon

Johnson Investment Counsel


$9 billion

Director of Human Resources Steve Linder

Private Vista LLC


$1.2 billion

Partner Jim Weil

Roof Advisory Group Inc.

Harrisburg, Pa.,

$426 million

President Jeffrey Roof

*Sage Financial Group

West Conshohocken, Pa.

$1.6 billion

Co-founder Alan Cohn

Wacker Wealth Partners

San Luis Obispo, Calif.,

$750 million

Chief Operating Officer Brian Krill

Adviser Technology Study Best Performers

Nine firms were acknowledged for their superior technology practices.

Asset Management Group Inc.

Stamford, Conn.

$395 million

President LeGrand Redfield

*Balasa Dinverno Foltz

Itasca, Ill.

$3.3 billion

Co-founder Mark Balasa

Center for Financial Planning Inc.

Southfield, Mich

$948 million

Director of Investments Angela Palacios

Etesian Wealth Advisors Inc.

Lake Oswego, Ore.

$201 million

Client Service Associate Jesse Steele

Fierston Financial Group

West Hartford, Conn.

$600 million

Co-presidents Seth Fierston and Brian Fierston

Nvest Financial Group

Kennebunk, Maine

$175 million

President Nichole D. Raftopoulos

Sensible Financial Planning and Management

Waltham, Mass.

$383 million

Founder Frederick Miller

Strategic Wealth Management Group

Columbia, Maryland

$1.2 billion

CEO Jim DeCarlo and COO Patricia Achterhof

The Burney Company

Reston, Va.

$1.7 billion

Partner Pete Dabrowski

*Did not attend Oct. 17 awards event


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