SAN RAFAEL, Calif.--(BUSINESS WIRE)--Private Ocean, a West Coast based wealth management firm, congratulates CEO and Co-Founder Greg Friedman on his recent nomination as a finalist in the WealthManagement.com Industry Awards for “CEO of the Year.” The newly-created category was established to recognize individual chief executive officers (CEOs) of independent Registered Investment Advisory (RIA) firms who have demonstrated courage, vision, integrity and high performance in leading their firms through new challenges and opportunities this past year.
Under Friedman’s leadership, Private Ocean acquired Seattle-based RIA, Lakeview Financial, in January, moved past the $1B AUM mark, created an ownership strategy that reflects his commitment to the next generation of owners, expanded its diversity (50% of staff is female and/or minority), implemented a mentoring leadership program for employees, and launched an ESG investing initiative to meet the growing needs of socially conscious investors.
“I believe that true success comes from thoughtful and proactive evolution,” Friedman said. “Our strength as a team at Private Ocean comes from our collaborative culture and our willingness to embrace positive change. Everyone plays a leadership role in helping us achieve growth, and I am honored to be nominated on their behalf for this incredible recognition.”
Now in its 4th year, the 2018 Industry Awards recognizes the companies and organizations that support financial advisor success. Nearly 500 nominations were received from more than 300 companies in 2017, and 127 organizations were selected as finalists.
By recognizing outstanding achievement in the industry, the WealthManagement.com Industry awards strives to inspire innovation and leadership among industry participants, creating an environment that enables the industry to better support advisors in their roles as leaders to their clients and communities.
The winners will be announced at an awards ceremony on September 13, 2018 at the Ziegfeld Ballroom in New York City.
About Private Ocean
Private Ocean is a wealth management firm deliberately structured to give clients the intimate experience of a small firm, while harnessing the power, depth and discipline of a much larger one. Formed in 2009, Private Ocean (www.privateocean.com) combined two of the oldest privately-held wealth management firms in the San Francisco Bay Area – Salient Wealth Management and Friedman & Associates. Founded by Richard Stone and Greg Friedman, the firm has over $1.6 billion in assets under management. Private Ocean works with senior executives, business owners and other affluent individuals with a minimum of $2 million to invest.