Mission Wealth is pleased to announce it has been named to the 2019 edition of the Financial Times 300 Top Registered Investment Advisers, which was released today. The list recognizes top independent RIA firms from across the U.S.
This is the fifth time Mission Wealth has made the 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.
Mission Wealth manages over $2.2 billion in assets, is headquartered in Santa Barbara, CA and has fifteen other offices located in the states of California, Arizona, Texas, Illinois, Indiana, Oregon, Washington, Arizona and Colorado.
“We are proud to be included in the FT300 for the fifth time,” said Brad Stark, Mission Wealth’s founder and Chief Compliance Officer. “Our success is all due to our clients and our dedicated associates. These long-standing, trusted relationships are the true awards we cherish every day.”
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).
The Financial Times 300 Top Registered Investment Advisers is an independent listing produced annually by the Financial Times (June 2019). The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT’s research. The listing reflected each practice’s performance in six primary areas: assets under management, asset growth, compliance record, years in existence, credentials and online accessibility. This award does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300.