First annual WSR Wealth Exemplar Awards recognize exemplary contributions to the wealth management industry, forward-thinking companies and transformative M&A transactions
NEW YORK, December 6, 2022 /PRNewswire/ — Wealth Solutions Report (WSR) – the fast-growing B2B digital media platform providing insights, insights and analysis focused on wealth management – today named the winners of the inaugural WSR Wealth Exemplar Awards. Announced in mid-November, the invitation-only awards recognize companies and individuals who have made exemplary contributions to the wealth management industry.
larry rothFounder and CEO of Wealth Solutions Report, said, “After several weeks of reviewing exceptional companies, impactful M&A deals and truly exemplary leaders, we are thrilled to announce the winners of the WSR Wealth Exemplary Awards. This year’s Wealth Exemplar winners are testament to the spirit of innovation, vision for growth and commitment to aligning wealth management with a broader mission that exist across our industry. . My editorial team and I congratulate the winners and wish them the best of success in 2023 and beyond.”
WSR Wealth Exemplar Award Winners
The winners in each category of the WSR Wealth Exemplar Awards are:
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Hybrid RIA of the Year – This award is given to the top three RIA companies that offer paid solutions as well as commissionable services in affiliation with a broker, through W-2 or independent financial advisors, or both. Minimum $250 million in assets.
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Paid RIA of the Year – This award is given to the top three SEC-registered RIA companies that primarily focus on fee-based solutions for clients, working through W-2 or Independent Financial Advisors, or both. Minimum $250 million in assets.
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Private Equity Backed Company of the Year – This award is given to the top three wealth management companies that have received significant or majority equity investment from private equity, venture capital or other institutional investors for expansion and growth. Minimum $1 billion in assets.
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Alternative Investments Platform of the Year – This award is given to the top three companies that provide a platform to help financial advisors align alternative assets with their retail investor clients. Minimum $10 billion in assets.
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Asset Manager Platform of the Year – This award is given to the top three companies that have a significant presence in the wealth management industry and operate as third-party asset managers that service B2B wealth management platforms. Minimum $10 billion in assets.
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Offer of the year – This award recognizes the best wealth management M&A deals of the year across five asset size categories, with one winner for each asset size segment as follows:
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Mega offer of the year ($20 billion and more)
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Big Deal of the Year ($7 billion at $20 billion)
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Larger-to-medium size supply of the year ($2 billion at $7 billion)
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Average deal size of the year ($500 million at $2 billion)
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Shop offer of the year ($200 million at $500 million)
Offerings are selected based on their impact and importance to the industry, as well as how they reflect current industry trends. Asset size ranges are approximate.
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Family office of the year – This award is given to the top three financial advisory firms that have a majority or significant focus on families of ultra-high net worth clients and engage (either themselves or through affiliates) in sophisticated and generally tailored services. offered to this clientele, such as concierge services, tax and estate planning services and artistic investment advice. Minimum $500 million in assets.
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Pension Consulting Firm of the Year – This award is given to the top three wealth management firms that have a majority or significant focus on pension advice under ERISA. Minimum $1 billion in assets.
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Wealthtech Company of the Year – This award is given to the top three companies providing technology solutions to companies that operate in the field of non-institutional wealth management. Minimum $250 million assets served.
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Practice Management Platform the year – This award recognizes the top three practice management platforms, either in-house within a wealth management firm or via a consulting firm or third-party solution provider, with offerings that may include, among others, the consulting, operational efficiency, succession planning or marketing advisor.
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Retirement Revenue Solutions Provider of the Year – This award is given to the top three companies that specialize in helping financial advisors align their clients with retirement income planning and retirement income-generating vehicles. Minimum $250 million assets served.
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person of the year – Someone who, on an individual level, has demonstrated exemplary vision to transform the wealth management industry and has taken significant concrete steps to achieve it. This award also recognizes outstanding distinction of the year as part of a broader career that has demonstrated consistent vision and boldness.
“I’ve worked in this industry for decades, and based on our review of this year’s winners, I’m more optimistic than ever about the future of the wealth management space,” Roth concluded. .
WSR’s Wealth Exemplar Awards series builds on the success of its Pathfinder Awards series, which contributes to diversity and inclusion in the wealth management industry. The Pathfinder Awards honor outstanding executives during Black History Month, Women’s History Month, Asian American and Pacific Islander Heritage Month, and National Hispanic Heritage Month, their giving a platform to engage the industry on improving diversity.
Launched by larry roth in April 2021WSR has grown rapidly, with its two to three weekly e-blasts reaching nearly 100,000 registered readers, 50,000 to 60,000 weekly LinkedIn impressions generated directly by WSR (not including shares and re-shares from businesses and individuals in Wealth Management space), and an average of 75,000 unique monthly visitors to the website.
About the Wealth Management Solutions Report
Wealth Solutions Report (WSR) is a digital platform of information, analysis and expert commentary provided by leaders in the wealth management industry, for players in the wealth management industry. Its team of expert writers, research analysts and columnists deliver content that inspires, engages and entertains industry audiences by highlighting actionable growth strategies while demystifying complex issues. WSR delivers each week’s content through its flagship website, e-blasts to registered readers, and via social media, with a focus on LinkedIn. For more information, please visit https://wealthsolutionsreport.com/.
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Contact and editorial submissions
james miller
Editor-in-Chief and Research Analyst
Wealth Management Solutions Report
[email protected]
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SOURCE Wealth Management Solutions Report