Barron's Ranks Wescott Financial in Top 25 for “America's Top 100 Independent Financial Advisors”
Wescott Jumps to No. 22 in the Rankings
Philadelphia, August 26, 2014 – Wescott Financial Advisory Group, an SEC-registered wealth management firm serving high-net-worth individuals and institutions, was named to Barron’s list of the “Top 100 Independent Financial Advisors.” At #22, Wescott rises 20 spots from last year’s list.
“We are passionate about our business and the industry in which we operate,” said Grant Rawdin, Wescott’s founder and CEO. “Making Barron’s Top 100 list for the sixth consecutive year is an honor and part of a long tradition of excellence to which we remain firmly committed. This is high praise for our expanding, stellar team.”
In Barron’s accompanying article, “Scaling the Heights”, Rawdin discusses Wescott’s roots in the legal community and its emphasis on a client-centric approach. The firm has a diverse make-up of staff including certified financial planners, attorneys, CPAs, insurance specialists and an organizational psychologist, offering clients a unique and comprehensive range of services.
This is the financial magazine’s eighth annual ranking of top independent advisors. The editors at Barron’s focus on total assets under management and revenue generated by the advisor’s team, as well as the overall quality of the practice. Investment performance is not an explicit criterion, because clients’ investment goals vary. In many cases, the objective is preservation of wealth, rather than market-trouncing returns.
“Barron’s goal in publishing its rankings is to shine a spotlight on the best advisors,” said Ed Finn, editor and president of Barron’s, “with an eye toward raising standards in the industry. The rankings serve two types of Barron’s readers. For wealth management professionals, who comprise about one-quarter of our readership, they serve as an industry scorecard. For individual investors, who make up about three-quarters of our readership, our advisor rankings are a tool to help them in the process of finding financial guidance.”
Founded in 1921, Barron’s is published by Dow Jones, which is owned by News Corp.
Wescott is one of the nation’s largest registered independent advisors with more than 400 clients and over $2 billion in assets under management. The firm is managed from offices in Philadelphia, PA; Boca Raton and Miami, Florida; and San Francisco, CA.
About Wescott Financial Advisory Group LLC
Founded in 1987, Wescott Financial Advisory Group LLC is an SEC-registered, fee-only investment advisory and wealth management firm. Wescott’s clients are high-net-worth individuals, families, trusts, foundations, pension plans and institutions who have entrusted the firm to manage over $2 billion of their assets. The firm’s investment philosophy is a uniquely disciplined, tax sensitive and opportunistic “open architecture, multi-manager (passive and active management)” approach that has been maintained for over 25 years. This approach allows Wescott to control risk while creating portfolios with a combination of complementary styles, diversifications and enhanced returns. Wescott is rated one of the top investment management firms in the United States. The firm is ranked third nationally on CNBC’s list of Top 100 Wealth Management Firms, is positioned in the top 25 nationally by Barron’s, and its Investment Research Group was named one of the top five investment research teams in the country by Financial Advisor magazine. Wescott is also proud to be named a Best Place to Work by the Philadelphia Business Journal. With offices in Philadelphia, Boca Raton, Miami and San Francisco, Wescott’s mission is “Achieving Client Goals.” For additional information, please visit the firm’s digital press kit on its website, wescott.com.
Barron’s (www.barrons.com) is America’s premier financial brand, known for its market-moving stories. Published by Dow Jones & Company since 1921, it reaches an influential audience of professional fund managers, financial advisors, affluent individual investors, financial-services professionals and senior corporate executives. With new content available every business day in digital form and every week in print, Barron’s provides readers with an intelligible recap of recent market action coupled with insights on what’s likely to happen in the market in the days and weeks to come. In addition, its annual series of exclusive conferences for financial advisors and investors is dedicated to identifying, enhancing and expanding best practices in investing. As a result of these initiatives, Barron’s is the trusted financial-publishing brand that people actively in the market turn to for information, ideas and insights they can use to increase their professional success and enhance their personal financial well-being.
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