NEW YORK, Sept. 14, 2018 /PRNewswire/ -- WealthManagement.com, the leading resource for wealth advisors and planners, announced the winners for the 2018 Annual WealthManagement.com Industry Awards yesterday during a black-tie awards gala at The Ziegfeld Ballroom in Manhattan. View the full list of winners.
Now in its fourth year, the WealthManagement.com Industry Awards is the only awards program to honor outstanding achievements by companies and organizations that support financial advisor success. This year, 67 awards were presented to 59 companies from a pool of 156 finalists.
"The sheer number of nominations submitted this year demonstrates the importance of innovation and creativity throughout the advisory industry," said William O'Conor, Managing Director of WealthManagement.com. "By recognizing the outstanding achievements of these firms and bringing these companies together for the awards event, we help facilitate a dialogue that will benefit financial advisors, their clients and the industry overall."
This year, the WealthManagement.com Industry Awards expanded to include categories such as model marketplaces, alternative investment platforms and industry research providers. The 2018 WealthManagement.com Industry Awards also recognized individual RIA firm leaders — including CEO, innovator, M&A leader and thought leader of the year for the first time.
Morningstar was the big winner of the night, receiving 3 awards, while AdvicePeriod, Advisor Group, BNY Mellon's Pershing, ECHELON Partners, Guggenheim Investments and Nationwide each walked away with two. Among the other well-known names receiving awards were Charles Schwab, Fidelity Investments, John Hancock Investments, Raymond James, State Street Global Advisors, TD Ameritrade Institutional and Voya Financial Advisors.
A panel of eight judges from top names in the industry determined the 2018 WealthManagement.com Industry Awards. Winners were judged based on quantitative measures of their initiatives—such as scope, scale, adoption and feature set—along with qualitative measures such as innovation, creativity and new methods of delivery.
"The WealthManagement.com Industry Awards provide us with the opportunity to recognize excellence among vendors and suppliers serving the final advisor community," said David Armstrong, Editor-In-Chief of WealthManagement.com. "Congratulations to this year's winners, we look forward to seeing you next year."
A record number of nominations were submitted this year—nearly 600 entries were received from 156 companies. By recognizing the success and creativity of this year's winners, the WealthManagement.com Industry Awards continue to inspire innovation and leadership among industry participants, creating an environment that will enable the industry to better support advisors in their roles as leaders to their clients and communities.
Thank you to the sponsors of the 2018 WealthManagement.com Industry Awards, which include Agreement Express, Riskalyze, InvestCloud, Snappy Kraken, and AdvisoryWorld Financial Technology.
WealthManagement.com, an Informa business, provides everything wealth professionals need to know to stay knowledgeable about the industry, build stronger relationships, improve their practice, and grow their business—all from one site. Learn more about the WealthManagement.com Industry Awards here: https://events.wealthmanagement.com/about/
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William O'Conor, Managing Director