InvestmentNews is proud to introduce the 2018 Best Places to Work for Financial Advisers.
This new recognition program, which included a fantastic awards luncheon in Chicago on May 15, honors financial advisory firms that empower employees to provide clients with the best possible investment and financial planning advice.
This is by far one of the most exciting and ambitious initiatives ever launched by InvestmentNews in partnership with the employee survey firm Best Companies Group.
The 50 organizations that made the cut scored the highest all around when we evaluated their internal practices and surveyed their employees. We focused our assessment on a number of key areas, including the quality of leadership, pay and benefit practices and work-life balance issues. We also looked at how firms valued diversity and inclusion among their ranks.
Even though this is the first year we have produced our list, it's possible to discern certain patterns that define a superior work environment. For example, it's clear that the leadership teams of the firms on our list have done an exemplary job conveying their long-term strategy to employees. That, in turn, has led to a high degree of trust and confidence in those leadership teams.
Sure, the firms being honored here pay well and offer great benefits, but they also empower employees to make decisions and allow them to maintain a reasonable balance between work and their personal lives.
It's our hope that our list of the top 50 organizations to work at as a financial adviser will become a go-to resource for those looking for a superior work environment and those who want to see how their firms' practices stack up against other firms.
The future of the financial advice profession hinges upon our ability to create a great work environment not just for existing employees, but for the next generation of financial advisers as well. InvestmentNews is proud to highlight the efforts of those that are leading the way in this direction.
-- Frederick P. Gabriel Jr.