Press release: InvestmentNews names the financial advice industry's 2016 “Best Practices”

Fourth annual awards program recognizes firms for excellence in practice management, financial performance

Oct 18, 2016 @ 8:00 am

New York, N.Y. – InvestmentNews today named the winners of the 2016 Best Practices Awards, an important initiative that recognizes the top-performing and most innovative firms in the financial advice industry.

The 12 winners of the InvestmentNews Best Practices Awards were identified through their participation in the 2016 Financial Performance Study of Advisory Firms, and recognized today at The Best Practices Award and Workshop, hosted at the New York Athletic Club.

"The Best Practices winners truly think about their practices and businesses as CEOs and not just as advisers," said Mark Bruno, associate publisher at InvestmentNews and head of InvestmentNews Research. "All of these firms are run by people with a long-term vision for their organization — and an ongoing commitment to improving and enhancing their businesses Their accomplishments and stories will help educate, inform and influence the growth of this industry.”

To identify the 2016 Best Practices Award winners, InvestmentNews Research created composite scores that examined the rate of growth, profitability and productivity levels for all of the participants in the 2016 InvestmentNews Financial Performance Study. The “Best Practices” were those who ranked among the top-quartile of all participants; in addition, the final firms were selected after qualitative interviews conducted by the InvestmentNews Best Practices Committee.

The 2016 Best Practices Award Winners are:

Balentine LLC

Berman Mcaleer LLC

Botsford Financial Group

Capital Advisors, Ltd.

Financial Development Systems, LLC

HTG Investment Advisors Inc.

LBMC Investment Advisors

Rinvelt & David, LLC

Sage Financial Group

Singer Xenos Wealth Management

Tolleson Wealth Management

WMS Partners, LLC

About InvestmentNews

Since 1998, InvestmentNews has been delivering news, analysis and research essential to the business of financial advisers. Readers have come to rely on InvestmentNews for up-to-date information on the stories and events affecting their clients' investments, their industry and their practices, making it the number one source of news and information to the financial adviser community. The InvestmentNews main office is located in New York, with bureaus in Boston, Irvine, Chicago, San Francisco and Washington, DC. InvestmentNews is part of Crain Communications.

For more information, please contact:

Mark Bruno, Associate Publisher, InvestmentNews

mbruno@investmentnews.com

0
Comments

What do you think?

View comments

Recommended for you

Featured video

INTV

Regional brokerages are picking up assets, advisers from wirehouses

Senior columnist Bruce Kelly discusses with deputy editor Bob Hordt the impact of big brokerage houses pulling back on recruiting and regionals promising recruits less bureaucracy.

Latest news & opinion

3 big reasons to do a Roth conversion right now

The time is ripe for many to convert a pretax IRA to a Roth.

10 must-know facts about today's 401(k) plans

Here are the latest changes in 401(k) plans across areas such as investments, fees, contributions, investment advice and more.

Questions abound as Ohio National stops commission payments this week

Advisers are grappling with how to proceed, with their clients and their businesses, as the insurer's new annuity trail policy takes effect.

Top 10 RIAs in the South

These are the largest registered investment advisory firms in the Southern U.S., based on AUM.

Top 10 RIAs in the Midwest

These are the largest registered investment advisers in terms of AUM in the Midwestern U.S.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print