NEW YORK, Aug. 2, 2016 /PRNewswire/ -- Heron Financial Group | Wealth Advisors, a New York-based Registered Investment Advisor, has been named to Financial Advisor magazine's 2016 Top RIA Rankings. Founded in 1996 by President David Edwards, Heron is an independent, fee-only financial advisory and investment management firm that counsels individuals and families on investments, asset allocation, executive compensation, 401(k) planning for individuals and businesses, life insurance and annuities, college funding, retirement, estate and divorce planning.
"We are extremely proud to be included in this national list of top independent advisory firms," said Edwards. "As a fiduciary to our clients, we always act in their best interests, recommending strategies that we believe will help most effectively meet their short- and long-term financial goals. Our growth over the last five years has been remarkable, and we owe that to the relationships that we foster with our clients and to the cutting edge technology we employ."
TECHNOLOGY, RELATIONSHIPS FUEL GROWTH
"We use a high tech, high touch digital advice platform to compile all components of a client's financial life into a single repository, accessible on their computers and mobile devices," said Edwards. "Clients access this data – investments, 401(k) and other retirement plans, checking accounts and credit cards, real estate and mortgages, as well as life insurance policies – in one easy-to-access location. "From good data comes good decisions! We replace fear of the future with joy. Joy because the client now controls their financial life, not the other way around!"
Financial Advisor magazine's annual RIA ranking is based on the percentage of growth in assets under management (AUM) from the previous year. However, an accompanying article in Financial Advisor magazine points out that among the 612 RIA firms surveyed, more than one-third reported a decline in AUM last year. Two years of poor market conditions and increasing regulatory burdens were cited as possible contributors to reduced growth. Bucking the trend, Heron Financial experienced tremendous growth over that same time period, rising from less than $100 million in asset as of January 2011 to $250 million through July 2016.
ABOUT HERON FINANCIAL
David Edwards is president and founder of Heron Financial Group | Wealth Advisors. The company was founded in 1993 and provides financial planning, investment management and estate planning to individuals and families across the United States and overseas in Europe.
Edwards is a graduate of Hamilton College and holds an MBA in General Management from Darden Graduate School of Business at the University of Virginia. Edwards was a guest contributor of over 100 columns to TheStreet.com, and is a frequent guest commentator on Bloomberg, Reuters, InvestmentNews, Money magazine and many other financial news sources. Edwards is also a member of the New York Society of Security Analysts and the Investment Adviser Association. Prior to founding Heron Financial, Edwards was associated with Morgan Stanley, JP Morgan and Nomura Securities where he developed investment products and quantitative trading models.
Learn more at www.HeronFinancialGroup.com.
*source: Financial Advisor Magazine, July 2016
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SOURCE Heron Wealth