Award Recognizes Efforts to BE GREATER in Today’s Marketplace
PHILADELPHIA, November 10, 2015 — Wescott Financial Advisory Group, a wealth management firm with more than $2.3 billion in assets under management and offices in Philadelphia, South Florida and San Francisco, has received the 2015 Fidelity Be Greater Award, which recognizes financial services organizations that have innovated their firms into successful businesses.
Wescott was honored for its strategic innovations in the financial services industry, including its proprietary PerfectScore tracking system; Entrada platform to engage with strategic clients who have important financial planning needs though not meeting the firm’s core investment portfolios size of $2 million; and MyWescottVault, an interactive and secure electronic “vault” that allows for the exchange and storage of client financial documents, personal and business-oriented materials, and the PerfectScore tracking system. The firm’s focus on digital marketing, as well as its entrepreneurial, collegial and collaborative culture were also recognized as key to Wescott’s impressive growth over its near 30-year history.
“To be distinguished in the financial industry for our forward-looking ethos and initiatives is a tremendous honor,” said Grant Rawdin, Wescott founder and CEO. “The entire Wescott team works passionately toward making our firm an innovator and leader, and to be honored by Fidelity in this manner inspires us to be even greater.”
Receiving the Be Greater Award complements Wescott’s recent hiring of Matthew Regan as its new chief operating officer. Regan, recognized as a trailblazer in the financial services industry, was brought in to further Wescott’s innovations in the next frontier of the quickly evolving financial services industry.
“In today’s competitive marketplace, we think firms need to set their sights higher to ensure they’re building lasting organizations,” said Bob Oros, executive vice president and head of the RIA segment, Fidelity Clearing & Custody. “After we published Be Greater last year, we saw a terrific response from advisors who said that our message resonated with them. We launched the Be Greater Awards this year to celebrate those firms that are taking their businesses to the next level.”
Wescott was chosen for the award by a panel of prominent industry professionals who reviewed more than 90 nominations. Panelists were Karen Barr, Investment Adviser Association; Joel Bruckenstein, Technology Tools for Today; Mindy Diamond, Diamond Consultants; Beverly Flaxington, The Collaborative; Brian Hamburger, MarketCounsel; and Philip Palaveev, The Ensemble Practice.
The award was presented at Fidelity’s Inside Track event in New York on October 29, 2015. This is the first year that Fidelity has issued the Be Greater Award, which honors excellence in business models, planning, technology, client engagement, and teams and partnerships.
As part of the Be Greater Award, Fidelity will make a donation to the charities of Wescott’s choice, which are Temple University School of Law Foundation, the Urban Affairs Coalition and the Center for Grieving Children.
About Wescott Financial Advisory Group LLC
Wescott Financial Advisory Group LLC is a relationship-driven, empathetic, independent wealth management firm committed to providing individuals and institutions with unmatched caring and expertise to achieve their goals. The company’s diverse team members are experts in investments, law, accounting and business, and hold a wide range of industry-acclaimed credentials that enable them to offer thoughtful and personal advice to their clients. With more than $2 billion in assets under management, Wescott is one of the top wealth management firms in the nation, as ranked by Barron’s, Forbes, CNBC, Financial Times and Financial Advisor. Founded in 1987, Wescott has offices in Philadelphia, Boca Raton, Miami and San Francisco. For more information, visit wescott.com and follow them on Twitter @WescottFin and LinkedIn.
About Fidelity Investments
Fidelity’s goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. With assets under administration of $5.3 trillion, including managed assets of $2.1 trillion as of July 31, 2015, we focus on meeting the unique needs of a diverse set of customers: helping more than 24 million people invest their own life savings, nearly 20,000 businesses manage employee benefit programs, as well as providing nearly 10,000 advisory firms with technology solutions to invest their own clients’ money. Privately held for nearly 70 years, Fidelity employs 42,000 associates who are focused on the long-term success of our customers. For more information about Fidelity Investments, visit https://www.fidelity.com/about-fidelity/overview.
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Fidelity Investments® is an independent company, unaffiliated with Wescott Financial Advisory Group LLC. Fidelity Investments® is a service provider to Wescott Financial Advisory Group LLC. The 2015 Be Greater Awards were open to current clients of Fidelity Investments who met certain eligibility requirements, including but not limited to (1) at least $50 million in assets under management (2) more than two full-time employees (3) in business for four years or more prior to January 1, 2015 (4) completing the program application, and acknowledged and agreed to the terms and conditions set forth in the program rules and regulations.
There is no form of legal partnership, agency affiliation, or similar relationship between your financial advisor and Fidelity Investments®, nor is such a relationship created or implied by the information herein. Fidelity Investments® has not been involved with the preparation of the content supplied by Wescott Financial Advisory Group LLC and does not guarantee, or assume any responsibility for its content. Fidelity Investments is a registered mark of FMR LLC. 742358.1.0