Back to Back: Snowden Lane Partners Named to Elite Financial Times 300 Top RIAs for Second Straight Year
NEW YORK, June 16, 2016 – Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, today announced it has been named to the Financial Times (FT) 300 Top Registered Investment Advisers for the second straight year. The ranking recognizes the top independent RIA firms in the U.S.
With a national footprint, including offices in California, New York, Connecticut, Maryland and Pennsylvania, Snowden Lane oversees roughly $2.5 billion in domestic and international client assets across individual, high-net-worth, ultra-high-net-worth and institutional segments.
“In our business, this ranking has become a significant distinction and we’re proud to be listed among such elite industry peers,” said Rob Mooney, Snowden Lane’s Managing Partner and CEO. “Our rapid growth, in only five years since our founding, has been driven by our delivery of a client-focused boutique experience to our clients, our partners and our employees. Building a successful advisory firm for the future requires us to operate differently than our industry has in the past, and we’re fully committed to creating an environment that will continue to attract the best talent in the business.”
This is the third annual FT 300 list, produced independently by the Financial Times Ltd. in collaboration with Ignites Research, a subsidiary of the FT. The average FT 300 firm has been in existence for 23 years and manages $2.6 billion in assets. The 300 top RIAs are from 34 states and Washington, D.C.
The FT invites more than 1,500 pre-screened RIA firms to apply for consideration, based on 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 FT in exchange for inclusion in the FT 300.
About Snowden Lane Partners
Snowden Lane is a nationally branded, open-architecture, hybrid registered investment advisor and broker-dealer that provides wealth advisory services to high net worth individuals, families, and institutional clients.
Snowden Lane is led by an experienced team of industry executives, including Lyle LaMothe, Chairman of the Board of Directors, Rob Mooney, Managing Partner and CEO, and Greg Franks, Managing Partner and President, who are dedicated to building a client-focused, nationally branded, boutique wealth advisory partnership.
Snowden Lane is headquartered in New York City and operates an SEC registered investment adviser and affiliated broker-dealer. Snowden Lane provides a multi-custodian, multi-currency platform, with aggregated performance reporting and leading analytical tools for clients and advisors. It further provides full operational, finance, compliance, human resources and financial advisor transition support to its financial advisors.