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NEW YORK, 19 November 2014: Today the FT launches its inaugural Financial Times 100 list which recognises the top women financial advisers across the US. The FT 100 was developed in collaboration with Ignites Research, a subsidiary of the FT that provides specialised content on asset management.
The top advisers hail from 25 states and Washington, D.C.The average adviser has 24 years experience and manages $1.8 billion worth of assets. This elite group embodies some of the leading trends in the investment management industry: 40 per cent work in the fast-growing independent Registered Investment Adviser sector; 19 per cent are based in New York City, the nation’s top wealth center; and 56 per cent offer holistic financial planning services.
To qualify for the list, advisers had to manage at least $200 million in assets under management (AUM) and have 10 years of experience. Qualified advisers were then scored on six attributes: AUM, AUM growth rate, compliance record, experience, industry certifications and online accessibility.
“It’s clear that women, who make up 51 per cent of the US population, are under-represented in the ranks of financial advisers. That is why we decided it was time to celebrate their achievements,” said Loren Fox, Director of Research for Ignites Research and head of the FT 100 project. “This inaugural edition of the FT 100 highlights the tremendous success of many women financial advisers in the US, achieved through a variety of business models.”
Other findings from the FT 100:
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For further information please contact:
Kristina Eriksson, FT,
T: +44 20 7873 4961
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About Ignites Research
Ignites Research delivers original research and analysis on the retail mutual fund market from experienced analysts. With fresh content delivered straight to inboxes every week, its research covers the distribution and product topics that asset managers must understand to improve their business. Ignites Research is a sister site to the popular online newsletter Ignites, and is a subsidiary of the Financial Times.