Neuberger Berman Places Five Wealth Advisors on Barron's "Top 100 Financial Advisors" List
NEW YORK, April 24, 2018 /PRNewswire/ -- Neuberger Berman, a private, independent, employee-owned investment manager, announced that five of the firm's wealth advisors were named among Barron's 2018 "Top 100 Financial Advisors." The Neuberger Berman advisors on the annual, nation-wide list include Seth Finkel and William Peterson of New York and Richard Szelc of Texas, who are repeat honorees, having been named to the list for four consecutive years. Joining them in the ranking this year are Brian Hahn of Illinois and Holly Newman Kroft of New York.
Barron's ranked Ms. Kroft, a managing director at Neuberger Berman with $1.7 billion in client assets, #88. She joined Neuberger Berman in 2005 as a wealth advisor and focuses on providing tailored solutions to the unique investment needs of ultra-high net worth clients, endowments, and foundations. Ms. Kroft has previously appeared on Barron's top 1,200 Financial Advisors list and is #9 on the 2017 Top Women Financial Advisors list. She holds a bachelor's degree from the University of Michigan.
Mr. Finkel, a managing director at Neuberger Berman who joined the firm in 1990, returns to the Barron's ranking for the fourth year in a row, at #19. He leads a wealth advisory team that advises $3.1 billion in assets for high net worth individuals, closely held businesses, fiduciaries, and non-profit organizations. Mr. Finkel holds a bachelor's degree from Lehigh University, a JD from Fordham University, and an LLM in Tax from the New York University School of Law. In 2018 Barron's ranked him #6 in the state of New York.
Mr. Peterson, ranked #49 nationally by Barron's, is a managing director at Neuberger Berman advising on $1.8 billion in client assets. He joined the firm in 1992 as a wealth advisor and has been ranked by Barron's in the Top 100 for the fourth year in a row and is currently ranked #15 in the state of New York by Barron's in 2018. Mr. Peterson and his team specialize in designing customized investment solutions for high-net-worth families and non-profit clients. This holistic approach to wealth management has enabled them to develop a client base that now spans three generations. He holds a bachelor's degree from Fairfield University.
Mr. Hahn returns to Barron's national ranking at #77 and placed #8 in the state of Illinois for 2018. A managing director at Neuberger Berman, he joined the firm in 1995 and now advises $1.7 billion in client assets. He and his team specialize in the design and implementation of comprehensive wealth management solutions for private clients. He holds a bachelor's degree from Kansas State University, and a master's in international business from the University of Edinburgh, in Scotland, which he attended as a Rotary International Scholar.
Mr. Szelc, a managing director at Neuberger Berman, is ranked #54 on the Barron's list. He advises on $1.8 billion in client assets, which include high-net-worth individuals. Mr. Szelc applies his investment banking background and global perspective to create bespoke investment strategies to help guide his clients through ever-changing investment landscapes. He holds a bachelor's degree from Lawrence Technological University and an MBA from The University of Texas at Austin. Mr. Szelc was also ranked as the #1 financial advisor in Texas by Barron's in 2018, for the third year in a row.
"Our advisors represent five percent of this year's list, which is a testament to their commitment to clients and ability to offer an individually tailored solution in a complex investing environment," said Kenneth Rende, Head of Wealth Management at Neuberger Berman. "Holly, Seth, Bill, Rick, and Brian are excellent representatives for the level of client care our organization aims to maintain. I'm really happy for them all."
Barron's used a number of factors to determine the rankings including: assets under management, revenue generated for the advisors' firms, and the quality of the advisors' practices.
About Neuberger Berman
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 20 countries, Neuberger Berman's team is more than 1,900 professionals. For five consecutive years, the company has been named to Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $299 billion in client assets as of March 31, 2018. For more information, please visit our website at www.nb.com.
All information is as of March 31, 2018 unless otherwise indicated and is subject to change without notice. Firm data, including employee and assets under management figures, reflects collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman Group LLC. Firm history/timeline includes the history of all firm subsidiaries, including predecessor entities and acquisitions. Barron's rankings are based on a proprietary formula that considers various factors including: assets under management, revenues generated for the advisors' firms, and the quality of the advisors' practices. Investment performance is not an explicit criterion as performance is often a function of each client's appetite for risk. Awards referenced do not reflect the experiences of any Neuberger Berman client and readers should not view such information as representative of any particular client's experience or assume that they will have a similar investment experience as any previous or existing client. Awards are not indicative of the past or future performance of any Neuberger Berman product or service.
Neuberger Berman Investment Advisers LLC is a registered investment adviser. The "Neuberger Berman" name and logo are registered service marks of Neuberger Berman Group LLC. © 2018 Neuberger Berman Group LLC. All rights reserved.
Media Contact: Alex Samuelson, 212 476 5392, [email protected]
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