InvestmentNews selected five firm winners for its fifth annual Icons & Innovators Awards. The winners were selected based on their ability to shape and transform the financial advice profession, along with their implementation of new advances and initiatives.
Winners were announced online on Thursday. Due to Covid-19-related restrictions, the InvestmentNews Innovation Summit and award ceremony was cancelled this year.
Each of these firm honorees set unprecedented standards and has been inventive in their methods of creating products, processes or platforms that help advisers better serve their clients. The approaches used by these firms allow financial advice businesses to run more efficiently and effectively.
The winners were chosen from several hundred nominations by a committee of InvestmentNews representatives. The judges recognized firms for their novel systems and improvements within the finance industry.
The firms were selected in four categories: adviser fintech (large firms), adviser fintech (small firms), innovative practice management and innovative advice.
The firm winners are Orion Portfolio Solutions for the adviser fintech (large firms) category, Vanilla and Ethic for the adviser fintech (small firms) category, Raymond James for the practice management category and Miracle Mile Advisors for the innovative advice firm category.
In addition to the firms honored, InvestmentNews previously announced 11 ambitious individual winners of its 2021 Icons & Innovators Awards — Sallie Krawcheck, selected as the 2021 icon, and 10 innovators.
If you would like to nominate an incredible individual or firm making advances within the finance industry, please submit their name for the InvestmentNews 2022 Icons & Innovators and Innovation Awards online in April 2022.
The financial advice industry has been facing inquiries into its cash sweep programs for years now.
Investor money allegedly went to strip clubs, exotic cars, and landscaping
Procyon adds $415 million in assets under management in New Jersey while Savant picks up a $213 million Southern California planning firm
With a growing number of real estate-rich Baby Boomers aging into retirement, some advisors may be failing to consider all the options available for those clients' assets.
Cornerstone Advisors study reveals compliance bottlenecks stall campaigns weeks after customer opportunities close.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
