BIRMINGHAM, Ala.--(BUSINESS WIRE)--RFG Advisory, one of the nation’s leading and fastest-growing RIA firms, is pleased to announce it has been named to the 2020 Financial Times 300 Top Registered Investment Advisers. Now in its seventh year, the FT 300 list recognizes top independent RIA firms from across the U.S.
RFG Advisory was selected out of a pool of 12,993* RIAs based on performance in six primary areas: assets under management, asset growth, compliance record, years in existence, credentials and online accessibility. This year’s impressive cohort of elite RIA firms represents nearly 40 different states and Washington, D.C. and has a median AUM of $1.9 billion.
“We’ve spent the past several years hyper-focused on creating a best-in-class, frictionless experience for our clients and advisors,” said Bobby White, Chairman and CEO of RFG Advisory. “The great honor of being named as one of the top 300 RIA firms by the Financial Times, alongside the positive feedback from advisors who are actively utilizing our platforms, underscores the value of prioritizing an exceptional client experience over everything else.”
This prioritization is evident through the turnkey state-of-the-art integrated platform that RFG Advisory offers, all engineered specifically for independent advisors and validated by Wealth Management.com naming RFG a Finalist for Non-Custodial Support Platform of the Year. This nomination highlighted one example of RFG’s innovative approach to serving independent advisors and driving practice growth and client acquisition through StrongHer Money, an educational and prospecting program focused on women. StrongHer gives women access to a network of financial information, support and knowledge, while simultaneously serving as a marketing tool for client acquisition opportunities at scale.
This year’s FT 300 announcement comes amid a global pandemic that has led to uncertainty in the industry.
“No one could’ve predicted the state of the world in 2020,” stated Shannon Spotswood, President of RFG Advisory. “However, by investing millions into building a state of the art fintech platform that is fully scalable, modular, and built for the future – we are positioned to continuing providing our advisors with operational efficiencies, sustained growth and stability even in this volatile market so they in turn can deliver to their clients a truly impactful and personalized experience.”
The FT 300 is one in series of rankings of top advisers by the Financial Times, including the FT 401 (DC retirement plan advisers) and the FT 400 (broker-dealer advisers).
Additional details on the Financial Times 300 Top Registered Investment Advisers can be found at https://www.ft.com/reports/300-top-investment-advisers.
*2019 Evolution Revolution report is an annual joint study by the Investment Adviser Association (IAA) and National Regulatory Services (NRS), https://www.investmentadviser.org/news/newsreleases/september-12-2019
FT Disclosure
The Financial Times 300 Top Registered Investment Advisers is an independent listing produced annually by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times (July 2020). The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT’s research. The listing reflected each practice’s performance in six primary areas: assets under management, asset growth, compliance record, years in existence, credentials and online accessibility. Over 750 qualified firms applied for the award, 300 of which were selected (40%). This award does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300.
About RFG Advisory
RFG Advisory is an innovator in the wealth management industry. Passionately committed to serving independent financial advisors and their clients, RFG Advisory prides itself on being a service company first, a technology company second and a hybrid-RIA third. RFG Advisory delivers a turn-key integrated platform that provides Advisors all of the tools and resources they need to be the CEO of their practice, not the COO, including turn-key technology, institutional-caliber investment management, marketing, compliance, business consulting and operational support. Focused on amplifying independence, Advisors who affiliate with RFG Advisory maintain all of the equity in their business and pay a basis point fee for access to RFG’s investment and technology platform. Additionally, through RFG Capital, the firm buys stakes in advisor practices to facilitate succession planning and provide loans to advisors to enable the move to full independence.
