Named to 2017 Financial Times 300 Top RIAs
June 22, 2017 – Aspiriant is pleased to announce it has been named one of the 2017 Financial Times 300 Top Registered Investment Advisers for the second year in a row. As one of the nation’s leading independent wealth management firms with more than $10 billion assets under management and advisement, Aspiriant is proud to be recognized by the Financial Times.
“Being named one of the top Registered Investment Advisers in the country by the Financial Times for the second time is quite an honor for Aspiriant and a true 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.
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 24 years and manages $2.7 billion in assets. The FT 300 Top RIAs hail from 37 states and Washington, D.C.
Aspiriant, which manages or advises on more than $10 billion in assets, has grown both organically and through mergers with other independent wealth managers and today operates 10 offices across the nation serving more than 1,600 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, Austin, Mountain View, Orange County, 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 — 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.