Crestone Capital, an independent firm, 100% employee-owned, that provides wealth management services to high-net-worth entrepreneurs, families and business owners, is pleased to announce it has been named to the 2020 edition of the Financial Times 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms from across the U.S.
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 leading RIA firms, as the median AUM of this year’s group is $1.9 billion. The FT 300 Top RIAs represent 39 different states and Washington, D.C.
FT 300: Top Registered Investment Advisers
Disclosures: The FT 300 list is a compilation of investment advisers registered with the U.S. Securities and Exchange Commission (RIAs) that have at least $300M in assets under management (AUM) that the Financial Times (FT) believes has desirable traits for investors. The Financial Times and Ignites Research, the FT’s sister company, invited more than 2,000 qualifying RIAs to complete an application to provide the FT more information about their firm, of which 760 RIAs applied. Information from each RIA’s application was augmented by the FT’s own research, including data from regulatory filings. The FT “graded” advisers based on six broad factors as detailed above, and calculated a numeric score for each adviser. Among the top factors in the FT’s scoring, AUM accounted for an average of 72% of each adviser’s score. Their growth rate accounted for an average of 15%. The FT placed a cap on the number of advisers from any one state, corresponding to the distribution of millionaires across the U.S. The FT 300 is presented as a list, not a competitive ranking. Ratings may not be representative of any one client’s experience and are not indicative of future performance. Please see additional information regarding the FT’s rating methodology here.