SANTA MONICA, Calif.--(BUSINESS WIRE)--Sierra Investment Management is proud to announce that the firm has once again been named to the 2020 Financial Times’ list of the top US Independent Registered Advisors in the US. The list recognizes the top independent RIA firms, assessed on traits desirable to clients. This is the third consecutive year that the firm has been acknowledged by the Financial Times.
The seventh edition of the FT 300 is presented as an elite group, not a competitive ranking of one to 300, and areas of consideration include adviser AUM, asset growth, the company’s age, industry certifications of key employees, SEC compliance record and online accessibility. The formula the FT uses to grade advisers is based on these six broad factors and calculates a numeric score for each firm. Over 2000 registered investment advisor (RIA) firms are invited to apply and the final group was chosen from more than 760 applications.
”For over three decades, Sierra has been a pioneer in tactical, global, multi-asset-class portfolio management,” said Ken Sleeper, co-founder and Managing Director of Sierra. “We pursue positive results through market cycles and are laser focused on limiting downside risk.”
“Sierra Investment Management’s focus is on what can be controlled,” added David Wright, also co-founder and Managing Director of Sierra. “Volatility will always be an element of investing in the stock and bond markets, but Sierra’s investment strategies are engineered to navigate periods of volatility, with a systematic disciplined approach that seeks to limit the impact of any sustained declines on your overall portfolio.”
The research for the FT 300 was conducted by Ignites Research, an FT sister publication.
About The Sierra Companies
The Sierra Group of Companies ("Sierra") comprises Sierra Investment Management, Inc., Ocean Park Asset Management, Inc., and Wright Fund Management, LLC, which manages the Sierra Mutual Funds.
Since 1987 Sierra has been helping retirees and other conservative investors preserve and grow their wealth. Through the years, Sierra has fine-tuned an investment approach specifically designed to try to limit downside risk and to provide satisfying returns over a market cycle. Using decades of strategic research and proven risk management disciplines, Sierra strives to help its clients meet their specific investment goals.
As of June 30, 2020, Sierra manages or advises more than $5.9 billion in assets for conservative investors.
About the 2020 FT 300
The Financial Times 300 Top Registered Investment Advisers is an independent listing produced annually by the Financial Times (June 2018). 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. 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. According to its website, the Financial Times “is one of the world’s leading news organizations, recognized internationally for its authority, integrity and accuracy. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.
Past performance does not guarantee future results and there is no assurance that any investment strategy will achieve its investment objective. Investors should carefully consider the investment objectives, risks, charges, and expenses of the Sierra Mutual Funds. This and other information about the funds is contained in the prospectuses and should be read carefully before investing. The prospectus can be obtained on our website www.sierramutualfunds.com or by calling toll free 1-800-729-1467. The Sierra Mutual Funds are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC.
Neither Sierra Investment Management, Inc., Ocean Park Asset Management, Inc. nor Wright Fund Management LLC are affiliated with Northern Lights Distributors, LLC.
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