Alesco Advisors, an independent, employee-owned investment advisory firm which serves institutional and individual investors through team members based in Rochester and Buffalo, N.Y., and San Francisco, Calif., has been named to the 2017 Financial Times 300 Top Registered Investment Advisors (RIAs).
This year’s list — Financial Times’ fourth annual edition — includes financial advisory firms from 37 states and Washington, D.C. The average firm on the list has been in business for 24 years and manages $2.7 billion in assets.
According to the Financial Times report, “To ensure a list of established companies with substantial expertise, we examine the database of RIAs registered with the U.S. Securities and Exchange Commission and select those that reported to the SEC that they had $300 million or more in assets under management.”
This led to a group of more than 2,000 firms from which the final 300 were determined. The research was conducted by Ignites Research, a Financial Times sister publication.
“We are very pleased to be included on Financial Times’ list,” said Alesco Advisors President Jim Gould. “We are proud of the steady growth Alesco Advisors has achieved by delivering great service, integrity and value to our clients through independent, conflict-free asset management. It’s rewarding to see this work recognized on a national level.”
The formula used to grade advisors was based on six broad factors used to calculate a numeric score for each. Areas of consideration include assets under management, asset growth rate, company age, industry certifications of key employees, SEC compliance record, and online accessibility.
The Financial Times presents its list as a collective elite group, not as a competitive ranking from one to 300, and presents them alphabetically by state to eliminate comparative bias and account for the companies’ different approaches and different specializations.
About Alesco Advisors
Alesco Advisors is an SEC-registered investment advisory firm in Pittsford, N.Y. (a suburb of Rochester). Independent and employee-owned, Alesco serves the needs of institutions and high-net-worth individuals. Our expertise centers on developing and managing index-centric investment s that are designed to meet the unique and specific needs of each client. Founded in 2000, Alesco advises on over $3.5 billion in assets for foundations, endowments and retirement plans, as well as trusts, IRAs and individual taxable accounts. To learn more, visit www.alescoadvisors.com.
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