CHARLOTTE, N.C. – July 30, 2020 – Independent Advisor Alliance (IAA) is pleased to announce it has been named to the 2020 edition of the Financial Times 300 Top Registered Investment Advisers.
This year’s list represents an impressive cohort of RIA firms, with a median AUM of
$1.9 billion and representing 39 different states and Washington, D.C.
“We’re honored to be included among the top 300 registered investment advisors,” said Robert Russo, CEO and Founder of IAA. “From the very beginning we’ve dedicated ourselves to being advocates for our advisors. I am so proud of our team’s hard work and thankful for our advisors who choose to partner with us. This recognition would not be possible without them.”
RIA firms eligible for consideration were graded on six factors: assets under management (AUM); AUM growth rate; years in existence; advanced industry credentials of the firm’s advisers; online accessibility; and compliance records.
Now in its seventh year of publication, this merit-based list is produced independently by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times. Ignites Research provides business intelligence on investment management.
Based in Charlotte, N.C., Independent Advisor Alliance (IAA) is strategically focused on building a community of successful independent advisors serving the financial and retirement needs of individuals and businesses. IAA provides its affiliated advisors with customized support services designed to optimize efficiencies, reduce expenses, attract and retain clients, and boost revenue. Founded in 2013, today IAA serves 212 independent financial advisors in 22 states,
servicing more than $10.1 billion of client assets of which $6.2 billion are assets under management as of July 2020. For more information, visit www.whyiaa.com.
About Financial Times 300
The Financial Times 300 Top Registered Investment Advisers is an independent listing produced annually by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times (July 2020). The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT’s research. The listing reflected each practice’s performance in six primary areas: assets under management, asset growth, compliance record, years in existence, credentials and online accessibility. Over 750 qualified firms applied for the award, 300 of which were selected (40%). This award does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300.
LPL Financial provided service to approximately $670 billion in brokerage and advisory assets as of March 31, 2020. LPL is the nation’s largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2020). The Company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to more than 16,763 financial advisors and over 700 financial institutions. LPL Financial and its affiliates have primary offices in Boston, Fort Mill, and San Diego. For more information, visit www.lpl.com.
Independent Advisor Alliance and the Financial Times are separate entities from LPL Financial. Securities offered through LPL Financial. Member FINRA/SIPC. Investment advice offered through Independent Advisor Alliance, a registered independent advisor.