August 10, 2020
Adviser Investments’ President and CEO Dan Silver, Chairman Dan Wiener and Chief Investment Officer Jim Lowell
Adviser Investments announced today that it has been selected for Financial Advisor magazine’s “2020 RIA Ranking,” an annual list of independent registered investment advisers, ranked by assets under management.
“It’s especially meaningful to be acknowledged this year in light of the challenges many other businesses have faced in transitioning employees to remote work,” said Adviser Investments Managing Director Dick Veidenheimer. “As a forward-looking firm, we had the technological resources in place, allowing us to seamlessly adapt to social distancing measures.”
Adviser Investments appeared in the media for its commitment to turning down a Paycheck Protection Program (PPP) loan from the federal government. In May, Chairman and Co-founder Dan Wiener’s CityWire op-ed on why investment advisers shouldn’t accept PPP loans made him a sought-after voice in the national press.
This honor from Financial Advisor is only the latest industry accolade for Adviser Investments in 2020. Earlier this month, Boston Business Journal recognized the firm among Massachusetts’ top-25 independent investment advisers, and RIA Channel placed Adviser Investments at #18 of its 2020 “Top 100 Wealth Managers.” In March, Barron’s ranked Adviser Investments as the #5 “Top Wealth Adviser in Massachusetts.” In April, the firm was named a “Best Place to Work for Financial Advisers” by InvestmentNews. RIA Channel alongside Forbes selected Adviser Investments as one of their “Top ETFA type of security which allows investors to indirectly invest in an underlying basket of financial instruments (these may include stocks, bonds, commodities or other types of instruments). Shares in an ETF are publicly traded on an exchange, and the price of an ETF’s shares will fluctuate throughout the trading day (traditional mutual funds trade only once a day). For example, one popular ETF tracks the companies in the S&P 500, so buying a share of the ETF gets an investor exposure to all 500 companies in the index. Power Users.”
The firm also recently garnered praise for its commitment to employee wellness. It was named among “The Nation’s Best and Brightest for Wellness” for 2019 and the company also earned a 2020 “Best Wellness Employer Bronze Certification” from Wellness Workdays, awarded in collaboration with experts from Harvard Medical School.
# # #
Adviser Investments and its subsidiaries operate as an independent, professional wealth management firm with particular expertise in Fidelity and Vanguard funds, actively managed mutual funds, exchange-traded fundsA type of security which allows investors to indirectly invest in an underlying basket of financial instruments (these may include stocks, bonds, commodities or other types of instruments). Shares in an ETF are publicly traded on an exchange, and the price of an ETF’s shares will fluctuate throughout the trading day (traditional mutual funds trade only once a day). For example, one popular ETF tracks the companies in the S&P 500, so buying a share of the ETF gets an investor exposure to all 500 companies in the index., fixed-income investing, tactical strategies and financial planning.
With more than 3,500 clients and over $5 billion under management, Adviser Investments is one of the nation’s largest registered investment advisers. Our wealth management professionals focus on helping individual investors, trustsA legal document that functions as an instruction manual to how you want your money managed and spent in your later years as well as how your assets should be distributed after your death. Assets placed in a trust are generally safe from creditors and can be sold by the trustee in short order, avoiding the lengthy and costly probate process., foundations and institutions meet their investment goals. Adviser Investments’ minimum account size is $350,000.
For more information, please visit www.adviserinvestments.com or call 800-492-6868.
Disclaimer: All investments and investment strategies are subject to risk of loss. There is no guarantee that investment goals or objectives will be achieved.
“2020 Financial Advisor Magazine RIA Survey & Ranking” comes from Financial Advisor magazine—a publication covering the investment advisory industry— surveys and publishes an annual list of independent registered investment advisers, ranked by assets under management. To be eligible to participate, firms must be registered investment advisers and provide financial planning and related services to individual investors. Only advisers that complete and submit Financial Advisor magazine’s survey are included in the rankings. In 2020, 551 firms were ranked. Financial Advisor magazine has not disclosed how many firms were invited to participate. In prior years, this ranking publication was referred to as “FA Magazine Top RIAs.” For more information and complete rankings, visit https://www.fa-mag.com/ria-survey-2020-form.
RIA Channel® Top 100 Wealth Managers ranks wealth managers “based on a proprietary set of criteria and data. The ranking is based on both size and growth in assets as of June 30, 2020, as reported to the SEC. RIA Database (RIADatabase.com) was used for regulatory data, organic research, and advisor surveys.” (See https://www.riachannel.com/2020-top-100-wealth-manager-list-methodology/.) Adviser Investments did not verify any data—nor were we asked to—prior to ranking or publication. Regulatory Assets Under Management (“RAUM”) displayed on RIA Channel’s website is calculated by RIA Channel, not Adviser Investments. We did not independently calculate our RAUM as of June 30, 2020, nor do we know RIA Channel’s RAUM calculation methodology. RIA Channel has not published information on how many firms were considered for ranking, nor did it publish criteria used for inclusion for consideration on this ranking. Adviser Investments did not submit any information to RIA Channel regarding this ranking, request to be considered for the ranking or pay any fee in connection with this recognition. For more information and a complete list of recipients and rankings, visit https://www.riachannel.com/top-100-wealth-manager-list-2020/.
Boston Business Journal’s “Largest Investment Advisers in Massachusetts” ranking is based on each participating firms’ assets under management as of June 1, 2020. Only firms that choose to participate are ranked and included on the top 25 list. The award sponsor has not disclosed how many firms were in the survey or considered for this recognition, nor the percentage of total participants that ultimately received recognition. Award is not indicative of future investment performance nor represents client experience. For more information and a complete list of recipients, visit https://www.bizjournals.com/boston/subscriber-only/2020/07/16/largest-independent-investment-advisers.html.
The Barron’s Top Advisor Rankings by State (Massachusetts) (also referred to as Barron’s Top 1,200 Financial Advisers) considers factors such as assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. According to Barron’s, “around 4,000” advisory firms were considered for this recognition in 2020; with about 1,200 firms receiving recognition. For more information and a complete list of recipients visit https://www.barrons.com/report/top-financial-advisors/1000/2020?mod=article_inline.
InvestmentNews’ Best Places to Work for Financial Advisers Award (2020) is based on responses to surveys voluntarily completed by the owners and employees of participating firms. Firms do not pay a fee to participate. Best Companies Group conducts the survey. InvestmentNews evaluates participating firms’ ability to attract and retain talented employees and then ranks the firms. To be eligible for the award firms must be a registered investment adviser or broker-dealer; be in business for at least one year and have at least 15 full-time employees. In 2018, 50 firms were named to its list; in 2019 and 2020, 75 were named. Visit https://bestplacesforadvisers.com/ for more information.
Adviser Investments received the Best Wellness Employer Bronze Certification. Sponsored by Wellness Workdays, participating organizations complete a survey covering how the organization assesses its employee wellness initiatives and programs, and how the organization strategizes, implements and evaluates such initiatives and programs. Surveys are reviewed and scored. Then participants are ranked in the Best Wellness Employer Score Index and may receive either Gold, Silver or Bronze Certification or an Honorable Mention. Organizations pay a $99 participation fee. The award sponsor has not disclosed how many firms were surveyed or considered for this recognition, nor the percentage of total participants that ultimately received recognition. This award is not indicative of client experience or future investment performance. Visit https://www.wellnessworkdays.com/best-wellness-employer-program for more information.
RIA Channel® Top 100 ETF Power Users ranks wealth management firms using exchange traded funds (ETFs) based on aggregate dollar value held as reported on the firm’s September 30, 2019 Form 13F filing with the U.S. Securities & Exchange Commission (“SEC”). Firms are ranked from greatest to least based on total dollar value of ETFs managed on a discretionary basis. Data was collected by RIA Channel affiliate RIA Database, www.riadatabase.com, and final ranking results issued by RIA Channel and Forbes. Ranking does not analyze how ranked firms utilize ETFs or performance. To be considered for the rankings, firms must be domiciled in the United States; be registered with the SEC; primarily manage assets for retail individual clients; and provide comprehensive wealth management and financial planning services. The award is not indicative of client experience or future investment performance. Adviser Investments did not submit any information to RIA Channel regarding in this ranking, request to be considered for the ranking, or pay any fee in connection with it. For more information and a complete list of recipients visit https://www.riachannel.com/top-100-etf-firms-power-user-ranking/.
The Nation’s Best and Brightest Companies in Wellness® Program—in conjunction with their scoring partner SynBella—surveys and evaluates each participating organization’s culture, programs, employee participation, corporate leadership, and company benefits with respect to employee physical and mental wellbeing. Participants pay a fee of $99 to participate—although the sponsor may waive the fee at its discretion. In 2019, 2,000 organizations participated with 115 organizations receiving recognition. For more information and a complete list of recipients, visit https://thebestandbrightest.com/events/the-nations-best-and-brightest-in-wellness-2019/.
Awards referenced above do not consider client experience and are not indicative of such. Nor are awards indicative of future performance. Unless otherwise noted, Adviser Investments does not pay a fee to participate in any of these awards. Additionally, awards typically only consider and recognize participants that choose to participate; and are often based on information supplied by the participants—such information should not be assumed to be verified by the sponsor of the award.
For additional information on awards and recognition received, visit https://www.adviserinvestments.com/awards-and-recognitions/.
Polaris Wealth Advisory Group and Adviser Investments are now under one new brand, RWA Wealth Partners.
Over the next few months, we are transitioning to a new website under our new brand. For you, this means a better experience and more access to valuable education, insights and advice. It also means you gain access to expanded wealth management solutions such as tax¹ and legal services², alternative investments and more. Explore this site for additional information on these new services and call your advisor with any questions at 833-RWA-PLAN.
¹Personalized tax advice and tax return preparation is available through a separate, written engagement agreement with RWA Tax Solutions, LLC.
²Legal services can be obtained through a separate, written engagement via our relationship with Hall & Diana, LLC