MORRISTOWN, N.J., July 8, 2019 /PRNewswire/
This is the sixth annual FT 300 list, produced independently by the Financial Times in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on the asset management industry.
“It has always been our goal to provide excellent support services to our advisors, so they have more time to spend focused on their clients,” said Pat Sullivan, managing director and co-founder, Private Advisor Group. “This recognition is a testament to the quality of our 650 plus independent advisors, staff and leadership team,” said John Hyland, managing director and co-founder, Private Advisor Group. This is the fifth year Private Advisor Group has been selected for this award.
RIA firms applied for consideration, having met a minimum set of criteria. Applicants were then graded on six factors: assets under management (AUM); AUM growth rate; years in existence; advanced industry credentials of the firm’s advisers; online accessibility; and compliance records. There are no fees or other considerations required of RIAs that apply for the FT 300.
The final FT 300 represents an impressive cohort of elite RIA firms, as the “average” practice in this year’s list has been in existence for over 22 years and manages $4.6 billion in assets. The FT 300 Top RIAs hail from 37 states.
The FT 300 is one in series of rankings of top advisers by the Financial Times, including the FT 401 (DC retirement plan advisers) and the FT 400 (broker-dealer advisers).