01 Legal Disclaimer
Proprietary papers and writings are the opinions of Pathstone. Other articles, links, and information presented on this site are obtained from sources believed to be reliable, but they are for informational purposes only and Pathstone does not guarantee their timeliness or accuracy.
02 No Offer, Investment Advice, or Performance Guarantees
All written content is for informational purposes only and may not constitute a complete description of available investment services or performance. Neither the information nor any opinion expressed on this Site constitutes an offer by Pathstone to buy or sell any securities or financial instruments, or to provide any investment advice or service. The services, securities and financial instruments described on this Site may not be available to or suitable for you, and not all strategies are appropriate at all times. The value and income of any of the securities or financial instruments mentioned on this Site can fall as well as rise, and an investor may get back less than he or she invested. Foreign-currency denominated securities and financial instruments are subject to fluctuations in exchange rates that could have a positive or adverse effect on the value, price or income of such securities and financial instruments. Clients should consult their advisor with regard to any questions they may have. Nothing on this web site should imply that past results are an indication of future performance. Past performance does not guarantee future performance. Independent advice should be sought in all cases.
03 Copy Rights
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04 Links to Third Party Websites
This Site may contain links to other websites, including links to the websites of companies that provide related information, products and services. Such external Internet addresses contain information created, published, maintained, or otherwise posted by institutions or organizations independent of Pathstone. These links are solely for the convenience of visitors to this Site, and the inclusion of such links does not necessarily imply an affiliation, sponsorship or endorsement. Pathstone does not endorse, approve, certify, or control these external Internet addresses and does not guarantee or assume responsibility for the accuracy, completeness, efficacy, timeliness, or correct sequencing of information located at such addresses. Use of any information obtained from such addresses is voluntary, and reliance on it should be undertaken only after an independent review of its accuracy, completeness, efficacy, timeliness, and sequencing. Reference therein to any specific commercial product, process, or service by trade name, trade mark, service mark, manufacturer or otherwise does not constitute or imply endorsement, recommendation or favoring by Pathstone.
05 Third Party Rankings
Third party rankings and recognition from ratings services are no guarantee of future investment success. Working with a highly rated adviser does not ensure that a client or prospective client will experience a higher level of performance or results. Ratings should not be considered an endorsement for the adviser by any client nor are they representative of any one client’s evaluation. Generally, rankings are based on information prepared and submitted by the adviser, or the amount of assets under management by the adviser. Please refer to the more thorough disclosure and additional information about the criteria used in making these rankings via the website of the publication and/or organization granting such recognition.
The information contained in the rankings is for informational purposes only and the views and opinions expressed are the author’s own and not necessarily those of PATHSTONE. Awards and accolades are given by non-affiliated third parties that are independent of Pathstone. None of the information provided is an indication of any client’s experience, past or present, with Pathstone and the services offered by the firm. Pathstone makes no warranties with regard to the information or results obtained by its use (or lack thereof) and disclaims any liability arising out of the use of, or reliance on, the information. Past performance is not indicative of future returns. For additional information and disclosures about Pathstone, please review Pathstone’s Form ADV at http://www.adviserinfo.sec.gov/.
06 Third Party Ranking Criteria
ATLANTA BUSINESS CHRONICLE
The list is compiled to provide a snap-shot of the largest companies in a particular industry, ranked by either a dollar figure or employee count. Factors considered include company size, assets under management, number of professionals, number of clients in the metro-Atlanta area, number of offices, and others.
To qualify for the Top 100 Independent Advisor ranking, advisors must: (1) have seven years’ experience as an advisor (2) have at least one year tenure at your current firm (3) have a clean compliance record, free of criminal violations (4) meet the minimum AUM of $300 million (5) be registered and in good standing with the SEC. Advisors who wish to be ranked fill out a 102-question survey about their practice. We then apply our rankings formula to that data to generate a ranking. The formula features three major categories of data: (1) Assets (2) Revenue (3) Quality of practice. In each of those categories we do multiple sub-calculations. For instance, we take into account not just an advisor’s AUM, but also the type of assets he/she manages—are they retail assets or institutional? If they’re institutional, are they for a foundation or an endowment or are they corporate assets? What is the YOY asset growth? Revenue is handled similarly, and the Quality of Practice component includes LOS, charitable and philanthropic work and a complex scoring system for regulatory violations, including a threshold for automatic disqualification.
Barron’s’ overall goal in publishing these rankings is to shine a spotlight on the best advisors, with an eye towards raising standards in the industry. The rankings serve two distinct types of Barron’s readers. For wealth management professionals (who make up about 20-25% of Barron’s readership), they serve as an industry scorecard. For investors (who make up over 70% of Barron’s readership), the rankings are a tool that can help in the process of finding financial guidance.
To be eligible for our rankings, firms must be registered investment advisors and provide financial planning and related services to individual clients. Firms must complete the questionnaire, which collects data that is already prepared for the firm’s Form ADV. The data is analyzed to rank the firms based on assets under management. Corporate RIA firms and investment advisor representatives (IARs) are not eligible for this survey.
FINANCIAL PLANNING MAGAZINE
Discovery Data compiled the rankings based on discretionary and nondiscretionary assets under management listed on SEC Form ADV as of November 2016. To capture independent fee-only planning firms, every effort is made to exclude firms with broker-dealer and insurance company affiliations, and those with substantial outside ownership stakes held by private equity firms and some outside investors. The list does not include roll-ups, aggregators or turnkey asset management programs. To capture firms that provide true, holistic financial advice to individuals, only firms with more than 50% individual clients, as can be determined through Form ADVs, are included. Review of unusual cases may result in inclusion or exclusion, based on unique factors. As the RIA sector evolves, so do the criteria.
This fourth edition of the FT 300 assesses registered investment advisers (RIAs) on desirable traits for investors. To ensure a list of established companies with substantial expertise, FT examines the database of RIAs registered with the US Securities and Exchange Commission and selects those that reported to the SEC that they had $300m or more in assets under management (AUM). The Financial Times’ methodology is quantifiable and objective. The RIAs had no subjective input. The FT invited qualifying RIA companies — more than 2,000 — to complete a lengthy application that gave us more information about them. FT added this to their our own research into their practices, including data from regulatory filings. Some 725 RIA companies applied and 300 made the final list. The formula the FT uses to grade advisers is based on six broad factors and calculates a numeric score for each adviser. Areas of consideration include adviser AUM, asset growth, the company’s age, industry certifications of key employees, SEC compliance record and online accessibility. The reasons these were chosen are as follows:• AUM signals experience managing money and client trust.• AUM growth rate can be a proxy for performance, as well as for asset retention and the ability to generate new business. FT assessed companies on one- and two-year growth rates.• Companies’ years in existence indicates reliability and experience of managing assets through different market environments.• Compliance record provides evidence of past client disputes; a string of complaints can signal potential problems.• Industry certifications (CFA, CFP, etc) shows the company’s staff has technical and industry knowledge, and signals a professional commitment to investment skills.• Online accessibility demonstrates a desire to provide easy access and transparent contact information. AUM comprised roughly 65 to 70 per cent of each adviser’s score, while asset growth accounted for an additional 10 to 15 percent. Additionally, the FT caps the number of companies from any one state. The cap is roughly based on the distribution of millionaires across the US. FT 300 is presented as an elite group, not a competitive ranking of one to 300. This is the fairest way to identify the industry’s elite advisers while accounting for the companies’ different approaches and different specializations. The research was conducted on behalf of the Financial Times by Ignites Research, a Financial Times sister publication.
The “Top 100 women financial advisers of 2014” is granted by the Financial Times, an independent association unaffiliated with Pathstone. To qualify for the list, advisers had to manage at least $200 million in assets under management (AUM) and have 10 years of experience. Qualified advisers were then scored on six attributes: AUM, AUM growth rate, compliance record, experience, industry certifications and online accessibility. Additional information on the factors involved for inclusion in this ranking can be found at the following location: http://aboutus.ft.com/2014/11/19/financial-times-announces-top-100-us-women-financial-advisers-of-2014/#axzz46TE2byQs.
PRIVATE ASSET MANAGEMENT
- 2017 Best Multi-Family Office– Overall—Over $2bn
- Financial Progress: candidates must be able to demonstrate a performance track-record over the course of the last twelve months
- Growth: client numbers, internal hires and geographic expansion
- Client Satisfaction: provide evidence of client satisfaction, including anecdotes and direct client statements
- Production Innovation: details of new services and products launched over the course of 2012
Pathstone’s accolade was based upon the information provided on Growth and Product Innovation
The “Rising Stars in the wealth management and family office industry” is granted by Private Asset Management magazine (PAM), an independent association unaffiliated with Pathstone. PAM’s wealth advisory editorial board nominated a list of its leading peers, based on a criteria of leadership abilities, educational initiatives and philanthropy. The advisory board’s final decision was also based on individuals’ levels of influence in their respective fields. Additional information on the factors involved for inclusion in this ranking can be found at the following location: http://fundintelligence.global/privateassetmanagement/news/rising-stars-wealth-management-and-family-office-industry/
Washingtonian Magazine compiled the list by surveying local financial experts asking: Whom would you trust with your own money? The Washingtonian also did their own research and consulted industry publications. The professionals on the list received the strongest recommendations from all sources. Third party rankings and recognition from ratings services are no guarantee of future investment success. Working with a highly rated adviser does not ensure that a client or prospective client will experience a higher level of performance or results. Ratings should not be considered an endorsement of the adviser by any client nor are they representative of any one client’s evaluation.
BOSTON CHAMBER OF COMMERCE: TEN OUTSTANDING YOUNG LEADERS
Ten Outstanding Young Leaders award recognizes next-gen leaders who show professional, personal and civic commitment to improving the quality of life for all.
07 Our Rights in this Site
08 Disclaimer of Representations and Warranties
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09 Contacting Us
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