March 30, 2017: Today, the FT publishes the 2017 edition of the Financial Times 400 Top Financial Advisers, which recognises the leading professionals at broker-dealers across the US. The FT 400 was developed in collaboration with Ignites Research, a subsidiary of the FT that provides specialised content on asset management.

The top advisers hail from 38 states and Washington, D.C., and represent 20 different brokerage firms, including Morgan Stanley and Merrill Lynch, which have the most advisers on the list. The average financial adviser in the FT 400 has 27 years of experience and, despite heightened uncertainty regarding crucial issues such as interest rates and government fiscal policy, manages around $1.7 billion worth of assets, up 14 percent from the prior year.

This elite group reflects leading trends in the investment management industry, such as the focus on lower costs and efficiency. For instance, 26 percent of the assets they manage in mutual and exchange traded funds are in index-tracking products, up from 20 percent the previous year. Three-quarters of FT 400 advisers provide online, interactive tools for their clients.

To qualify for the list, advisers had to have 10 years of experience and at least $300 million in assets under management (AUM). Qualified advisers were then scored on six attributes: AUM, AUM growth rate, compliance record, experience, industry certifications and online accessibility.

“Investor needs are shifting, and with them the nature and delivery of advice,” said Loren Fox, director of research for Ignites Research and head of the FT 400 project. “The fifth annual edition of the FT 400 highlights not only the number of successful financial advisers but also how much these elite advisers are evolving to keep up with the times.”

The full report is available for viewing at this link.

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For further information please contact:
Christopher Chafin

About the Financial Times:
The Financial Times is one of the world’s leading business news organisations, providing a broad range of information, news and services for the global business community. It is recognised internationally for its authority, integrity and accuracy. The FT has a combined paid print and digital circulation of 845,000 and makes 60% of revenues from its journalism.

About Ignites Research:
Ignites Research delivers original research and analysis on the retail mutual fund market from experienced analysts. 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.


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