Delegate Advisors Recognized by Financial Advisor Magazine

Jul 18, 2017 | Awards, News/Media

Delegate Advisors has been ranked number 123 on Financial Advisor Magazine’s Registered Investment Advisor Survey and Ranking for 2017, which is based on assets under management (AUM). The list ranks more than 600 independent RIA firms across the country. This is the second year Delegate has been named to the list, moving up nine spots from last year’s ranking.

This year’s Financial Advisor special report explores the impact of market conditions on investors’ perception of the need for trusted financial advice.

“In times of sluggish market growth, people are scared and want help,” the Financial Advisor Magazine report states. “In 2016, however, the S&P 500 grew by just shy of 10%…in good markets with robots offering a lot of investment management services and low-cost passive indexes available, people think they might not need help at all.”

Yet despite the perceived ease of generating returns, the RIA channel still saw growth. According to Financial Advisor, the average number of client relationships rose more than 12% and the average number of employees rose 8% for the firms on the list*, demonstrating the continuing increase in demand among investors for independent financial advice.

“We are honored to be named on this year’s Financial Advisor list” comments Delegate Advisors Managing Partner Andy Hart. “Our relationships with client families remain our focus through the best and worst of market conditions. We are grateful to be recognized for our commitment and applaud the growth of the other independent advisors who join us on this list.”

The complete Financial Advisor Magazine list is available here.

To be eligible for the Financial Advisor Magazine RIA ranking, firms must be independent Registered Investment Advisors, file their own ADV statement with the SEC, provide financial planning and related services to individual clients, and respond to a Financial Advisor Magazine survey. Eligible firms are ranked by total assets under management.

 Source: Financial Advisor Magazine:—ranking-2017-33401.html?section=47