The fourth quarter of 2009 was a relief to many wealth managers and their clients in lots of ways. The results of Wealth Manager’s Top Wealth Manager Pulse Survey show that not only did assets increase via market returns, but because of additional assets from existing clients, and new clients as well. How does your firm compare? The Top Wealth Manager Quarterly Pulse surveys, rankings and analysis by Philip Palaveev provide a more frequent, timely glimpse at what is happening in many of the top wealth management firms in the country.
The 50 Largest firms shown in the Top Wealth Manager Quarterly Pulse are ranked by assets under management (AUM). Assets at these firms total more than $72 billion as of December 31, 2009, with an average AUM of $1.4 billion. For the fourth quarter of 2009, GenSpring Family Offices tops the list with nearly $18.9 billion in assets, while Capital Fiduciary Advisors rounds out our 50 Largest with $151 million.
Wealth Manager’s Top Wealth Manager Quarterly Pulse is one of our new quarterly research surveys of the top firms in wealth management in the U.S. This is in addition to our annual survey and ranking of wealth management firms by average AUM per client. Watch our Web site, WealthManagerWeb.com, and this newsletter, to participate in the 2010 Top Wealth Manager Annual Survey and Rankings, coming soon. It’s the only way to be included in the 2010 Top Wealth Manager Rankings by average AUM per client. How will your firm compare?
The best way to be notified about participating in any of our surveys is to sign up for our weekly eNewsletter, Wealth Manager Insights (there’s no cost), here.
See Philip Palaver’s exclusive analysis of the Top Wealth Manager Quarterly Pulse for Q 4 2009, below:
Growth in Winter: Top Wealth Manager Pulse Q 4 2009–Part 1
The data from 75 of the top wealth management firms in the country shows us both the dramatic nature of the recovery as well as the renewed desire and vigor to grow….
Growth Ambitions: Top Wealth Manager Pulse Q 4 2009–Part 2
Philip Palaveev analyzes Part 2 of Top Wealth Managers Pulse Survey data for the Fourth Quarter of 2009: Growth Ambitions…
Who Will Help Us Grow? Top Wealth Manager Pulse Q 4 2009–Part 3
Philip Palaveev reports on how firms are refining the ways in which they bring in new clients….
Marketing Methods and Initiatives: Top Wealth Manager Pulse Q 4 2009–Part 4
There is increased interest in proactive marketing strategies and firms are testing different methods of reaching outside of their current sphere of influence….
Comments? Please send them to [email protected]. Kate McBride is editor in chief of Wealth Manager and a member of The Committee for the Fiduciary Standard.