Barron’s has released their 2019 Top 50 RIA Firms to recognize industry leaders across the nation, and Wetherby Asset Management is proud to be recognized among this strong business community that, held to a fiduciary duty, are putting client interests first.
The 2019 Top 50 RIA Firms list includes a diverse range of firms who manage as much as $42 billion in assets under management. In his article “Are RIA Firms Growing Too Fast? The Story Behind the Trend”, Barron’s author Steve Garmhausen notes that “The RIA industry’s growth has been driven by three streams—organic, acquisitions, and mergers and strategic partnerships.”
Wetherby Asset Management remains rooted in our founding values of independence, integrity and a strong commitment to client service. Our growth continues organically, often from new clients that find our firm values are aligned with their own, and we currently manage over $5 billion in assets under management as of June 30, 2019.
“It’s an honor to be recognized on this list,” noted CEO and Founder, Deb Wetherby. “What I’m most proud of at our firm is not the amount of money we manage or our profits – it’s our team, our culture and how we care for our clients. We choose to grow at an intentional rate where we can maintain these priorities.”
For the 2019 Top RIA Firms ranking, Barron’s invited approximately 200 Registered Investment Advisory firms with a minimum of $1.5 billion in assets under management to submit survey responses for consideration. Barron’s evaluates surveys for both qualitative and quantitative characteristics such as the ratio of employees to assets and clients, technology spending, professional designations, assets under management, revenue and others. Of the 98 firms that applied, 50 were recognized on the ranking, representing approximately 50%.
Congratulations to the Wetherby team!
This accolade is presented for informational purposes only; no warranty is either expressed or implied by its presentation. The accolade may not be representative of actual or specific client experiences and should not be considered an endorsement. Wetherby Asset Management (Wetherby) acknowledges the rating reflects an average of all, or sample of all, of an advisor’s or the firm’s clients and thus may not be representative of any single client’s experience. Wetherby’s receipt of accolades should not be considered a guarantee of future performance results. While Wetherby did not pay a fee to participate in consideration of this accolade, Wetherby does pay Barron’s for subsequent enhanced advertising and promotion of the accolade.
The Top 50 RIAs list is produced annually by Barron’s. For the 2019 Top RIA Firms ranking, Barron’s invited approximately 200 Registered Investment Advisory firms with a minimum of $1.5 billion in assets under management to submit survey responses for consideration. Barron’s evaluates surveys for both qualitative and quantitative characteristics such as the ratio of employees to assets and clients, technology spending, professional designations, assets under management, revenue and others. Of the 98 firms that applied, 50 were recognized on the ranking, representing approximately 50%. For additional details and methodology please visit https://www.barrons.com/articles/are-ria-firms-growing-too-fast-the-story-behind-the-trend-51568420132.