FAIRFAX, Va., June 20, 2016 /PRNewswire/ -- Edelman Financial Services has been named to the Financial Times 300 Top Registered Investment Advisers for 2016. It's the third time FT has produced the annual list, and the third time Edelman Financial has appeared on it.
The average FT 300 firm for 2016 is 22 years old and manages $2.6 billion in assets. Edelman Financial was founded 30 years ago and manages $16 billion for more than 30,000 clients.1
"We are honored to be included on the Financial Times list of the nation's top independent advisors," said Ric Edelman, Founder and Executive Chairman of Edelman Financial. He noted that, according to an analysis of the 300 firms, 80% of the average top advisory firms' clients have invested more than $1 million, and that 25% of the top 300 advisory firms do not accept clients who have less than $1 million to invest.
"In our firm," Edelman said, "it's the opposite: 85% of our clients have invested less than $1 million. Although we have more than 5,000 high net worth clients, we are equally happy to serve people who aren't wealthy and simply want to make sure they will have a secure financial future." He added that Edelman Financial's household account minimum is just $5,000.
"We'll help anyone willing to accept our advice," Edelman said.
About Ric Edelman
Ric Edelman is Founder and Executive Chairman of Edelman Financial Services. Providing financial advice for 30 years, Ric hosts radio and television shows that air weekly nationwide. He is also a #1 New York Times best-selling author who has published eight books on personal finance.
About Edelman Financial Services
Edelman Financial Services provides financial planning and investment management services to more than 30,000 individuals and families and manages $16 billion in assets. The firm also provides 401(k) plans and institutional investment management for businesses. EFS has won more than 100 financial, business, community and philanthropic awards.2 For investment advice and other financial planning services, or to speak with an advisor, call 888-PLAN-RIC (888-752-6742) or visit www.RicEdelman.com.
Ric Edelman is an Investment Advisor Representative who offers advisory services through Edelman Financial Services, LLC, a Registered Investment Advisor. He is also a Registered Representative and Registered Principal of, and offers securities through, EF Legacy Securities, LLC, an affiliated broker/dealer, member FINRA/SIPC.
The 2016 Financial Times 300 Top Registered Investment Advisors is an independent listing produced by the Financial Times (June, 2016). The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT's research. As identified by the FT, the listing reflected each practice's performance in six primary areas, including assets under management, asset growth, compliance record, years in existence, credentials and accessibility. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300. Investor experience/returns were not considered.
1As of 3/31/16
2Throughout the firm's 30 year history, EFS and Ric Edelman have been presented with more than 100 business, advisory, communication and community service awards. A complete list of awards won can be requested by contacting the firm at (888)-PLAN-RIC.
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SOURCE Edelman Financial Services