July 30, 2020 – Dowling & Yahnke Wealth Advisors is honored to announce they are included as one of the 300 top registered investment advisers across the nation as published by Financial Times. “This seventh edition of the FT 300 assesses registered investment advisers based on desirable traits for investors. We present the FT 300 as an elite group, not a competitive ranking of one to 300. This is the fairest way to identify the industry’s elite advisers while accounting for the companies’ different approaches and specializations,” says Loren Fox, of FT. The firms included on this prestigious list, on average, have over 23 years of experience; Dowling & Yahnke will be celebrating 30 years of service in early 2021. Dowling & Yahnke has been included on this list every year since its inception.
To access the full report, including the list of FT 300 RIAs, please click the link below:
2020 FT 300 Top Registered Investment Advisors
Financial Times disclosures: This seventh edition of the FT 300 assesses registered investment advisers (RIAs) on traits desirable to investors. To ensure a list of established companies with substantial expertise, we examined the database of RIAs registered with the US Securities and Exchange Commission and selected those that reported $300m or more in assets under management (AUM). The Financial Times and Ignites Research, the FT’s sister title, invited more than 2,000 qualifying RIA companies to complete a lengthy application that gave us more information about them. We added this to our own research into their practices, including data from regulatory filings. Some 760 RIA companies applied and 300 made the final list. The formula the FT uses to grade advisers is based on six broad factors and calculates a numeric score for each adviser. Areas of consideration include adviser AUM, asset growth, the company’s age, industry certifications of key employees, SEC compliance record and online accessibility. The reasons for these are as follows: • AUM signals experience managing money and client trust. • AUM growth rate can be a proxy for performance, as well as for asset retention and the ability to generate new business. • Companies’ years in existence indicates reliability and experience of managing assets through different market environments. • Compliance record provides evidence of past client disputes; a string of complaints can signal potential problem. • Industry certifications (CFA, CFP, etc.) show the company’s staff has industry knowledge and signals a professional commitment to investment skills. • Online accessibility demonstrates a desire to provide easy access and transparent contact information. AUM accounted for an average of 72 per cent of each adviser’s score. Also, asset growth accounted for an average of 15 per cent. The research was conducted on behalf of the Financial Times by Ignites Research, a Financial Times sister publication.
Additional disclosures: Dowling & Yahnke did not solicit for the listing. The information for the ranking was compiled by FT. The award should not be viewed as representative of any one client’s experience and should not be taken as an indication of performance by Dowling & Yahnke and any of its clients. While Dowling & Yahnke did not pay a fee to apply for the award, the firm may purchase goods or services from the publisher of the award (such as subscriptions to the publication).