Snowden Lane Partners Named to 2015 Financial Times 300 Top Registered Investment Advisers
NEW YORK, June 18, 2015 – 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. The ranking recognizes the top independent RIA firms across the U.S.
This is the second annual FT 300 list, produced independently by the FT in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on the investment management industry.
More than 2,000 elite RIA firms were invited to apply for consideration, based on their assets under management (AUM). The 630 RIA firms that applied were then graded six criteria: AUM; AUM growth rate; years in existence; advanced industry credentials; online accessibility; and compliance records. The “average” FT 300 firm has been in existence for 23 years and manages $2.6 billion in assets.
“It’s an honor to be included in such a prestigious group of wealth advisory firms,” said Rob Mooney, Snowden Lane’s Managing Partner and CEO. “When we launched Snowden Lane in 2011 we had a very clear vision to be a client-focused and values-driven boutique. Being recognized by the FT only four years after our founding is a testament to that vision. We look forward to continuing our strong growth and further building our brand as a leader in the independent wealth advisory marketplace.”
The 300 top RIAs hail from 34 states and Washington, D.C., and, on average, saw their total AUM rise by 18% in 2014.
The FT 300 is one in series of rankings of top advisers that the FT developed in partnership with Ignites Research: the FT 401 (DC retirement plan advisers); the FT 400 (financial advisers from traditional broker-dealer firms); and the FT 100 (women financial advisers).