BIRMINGHAM, Mich., June 20, 2016 /PRNewswire/ -- Schechter Investment Advisors is pleased to announce it has been named to the Financial Times 300 Top Registered Investment Advisers, as of June 16, 2016. The list recognizes top independent RIA firms from across the U.S.
"We are proud to be recognized as one of the top RIA firms in the country, said Bernie Kent, J.D., CPA, PFS, Chairman of Schechter Investment Advisors. We have built a platform that can offer institutional-quality investment advisory with a high level of service in a boutique environment."
This is the third annual FT 300 list, produced independently by the Financial Times Ltd. in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on the investment management industry.
The "average" FT 300 firm has been in existence for 22 years and manages $2.6 billion in assets.
More than 1,500 pre-screened RIA firms were invited to apply for consideration, based on their assets under management (AUM). Applicants that applied were then graded on six criteria: AUM; AUM growth rate; years in existence; advanced industry credentials of the firm's advisors; online accessibility; and compliance records. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300.
The FT 300 is one in series of rankings of top advisers the FT produces in partnership with Ignites Research, including the FT 401 (DC retirement plan advisers) and the FT 400 (financial advisers from traditional broker-dealer firms).
ABOUT SCHECHTER INVESTMENT ADVISORS, LLC
Schechter Investment Advisors is a subsidiary of Schechter Wealth which is a boutique, third generation wealth advisory firm headquartered in Birmingham, Michigan. For over 75 years, a multi-disciplined team consisting of one or more JDs, CPAs, LLMs, CLTCs, CLUs, PFSs, CAPs, MBAs, CIMA participants®, CFP® practitioners and CFA® charter holders has been quietly advising wealthy families on financial matters including institutional quality investment advisory services, advanced life insurance planning, income and estate taxes, business succession and charitable planning.
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SOURCE Schechter Wealth