Named to 2016 Financial Times 300 Top RIAs
June 16, 2016 – Los Angeles-based Aspiriant, one of the nation’s leading independent wealth management firms with more than $9 billion of assets under management and advisement, has been named to the Financial Times 300 Top Registered Investment Advisers, as of June 16, 2016. The list recognizes top independent RIA firms from across the U.S.
“Being named one of the top Registered Investment Advisers in the country by the Financial Times is quite an honor for Aspiriant and a testament to the strength of the firm, the expertise of our advisors, and our dedication to the clients we serve,” said Aspiriant Chief Executive Officer Rob Francais. “Aspiriant’s deep bench of wealth managers across the country, coupled with the firm’s robust in-house research and strategy team, form a strong foundation that is helping to create clarity and peace of mind for the families we serve today and for generations to come.”
More than 1,500 pre-screened RIA firms were invited to apply for consideration, based on their assets under management (AUM). Applicants that applied were then graded on six criteria: AUM; AUM growth rate; years in existence; advanced industry credentials of the firm’s advisors; online accessibility; and compliance records. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300.
Aspiriant, which manages or advises on more than $9 billion in assets, has grown both organically and through mergers with other independent wealth managers and today operates nine offices from coast-to-coast serving more than 1,300 client families.
Los Angeles-based Aspiriant is a leading independent wealth management firm with more than $12 billion of assets under management and advisement. The firm provides a full range of wealth management services for more than 1,300 individual and family office clients throughout the country. Unlike many other wealth management firms, Aspiriant is 100 percent owned by current and former employees, which ensures its long-term stability and independence. It has offices in Los Angeles, San Diego, San Francisco, New York, Orange County, Austin, Mountain View, Boston, Cincinnati, Milwaukee and Minneapolis.
Disclosure: Neither Aspiriant nor its employees paid a fee in exchange for inclusion in this award. An RIA firm must submit an application in order to be considered for the ranking. Applicants are run through award proprietary scoring methodology where they are graded on the 6 factors below. AUM accounts for an average of 70 to 75 percent of each adviser’s score. Also, asset growth accounted for an average of 15 percent. Judging factors include: AUM, AUM growth rate, companies’ years in existence, compliance record, industry certifications (CFA, CFP, etc) of staff and online accessibility.