We are pleased to announce that our firm has been named to the Financial Times 300 Top Registered Investment Advisers of 2015.
Capital Investment Advisors is pleased to announce that it has been named to The Financial Times 300 Top Registered Investment Advisers of 2015. The list recognizes top independent RIA firms from across the U.S.
“It is an honor to be identified as a top RIA firm by such a distinguished publication as The Financial Times,” says Mitch Reiner, COO of Capital Investment Advisors. “It is a global news source that maintains a pristine reputation, and to be associated with them is humbling. Also, we appreciate the due diligence that was done by The Financial Times to ensure that the resulting firms were all fiduciaries acting in their clients’ best interests.”
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 RIA firms were invited to apply for consideration, based on their assets under management (AUM). The 630 RIA firms that applied were then graded on 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.
The 300 top RIAs hail from 34 states and Washington, D.C., and, on average, saw their total AUM rise by 18% in 2014.
Read the original article here.
View the Financial Times Top 300 List.