NEW YORK--(BUSINESS WIRE)--Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, today announced it has been named to the Financial Times (FT) 300 Top Registered Investment Advisers list for the fourth straight year. The ranking recognizes the top independent RIA firms in the U.S.
With nine offices in California, New York, Connecticut, Maryland, Texas and Pennsylvania, Snowden Lane has a growing national footprint and oversees more than $4 billion in client assets across individual, high-net-worth, ultra-high-net-worth and institutional segments.
“When we were privileged to receive this honor last year, we were about a quarter-size smaller than we are today,” said Rob Mooney, Snowden Lane’s Managing Partner and CEO. “For us, it’s never been about expansion for the sake of it. We’re growing strategically, in a way that makes sense for our advisors and their clients. We want to be a difference-maker in the independent advisory world, and while it’s humbling to be recognized because of what we’ve achieved together, I know I speak for all of us in saying I’m excited for what’s yet to come.”
This is the fifth annual FT 300 list to be produced independently by the Financial Times in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on the asset management industry. The average FT 300 firm has been in existence for 22 years and manages $4 billion in assets. The 300 list includes top RIAs spanning 38 states and Washington, D.C.
The FT reviewed more than 800 applicants for this year’s list, all RIA firms pre-screened based on assets under management (AUM). Applicants that applied were graded on six criteria: AUM, AUM growth rate, years in existence, advanced industry credentials of the firm’s advisors, online accessibility and compliance records. Neither the RIA firms nor their employees pay a fee to the FT in exchange for inclusion in the FT 300.
About Snowden Lane Partners
Snowden Lane is a nationally branded, open-architecture, hybrid registered investment advisor and broker-dealer that provides wealth advisory services to high net worth individuals, families, and institutional clients.
Snowden Lane is led by an experienced team of industry executives, including Lyle LaMothe, Chairman of the Board of Directors, Rob Mooney, Managing Partner and CEO, and Greg Franks, Managing Partner and President, who are dedicated to building a client-focused, nationally branded, boutique wealth advisory partnership.
Snowden Lane is headquartered in New York City and operates an SEC registered investment adviser and a broker-dealer. Snowden Lane provides a multi-custodian, multi-currency platform, with aggregated performance reporting and leading analytical tools for clients and advisors. It further provides full operational, finance, compliance, human resources, and financial advisor transition support to its financial advisors.
For more information about Snowden Lane, please visit www.snowdenlane.com.
References to “Snowden Lane” and “Snowden Lane Partners” are references to Snowden Capital Advisors LLC, an investment adviser registered with the U.S. Securities and Exchange Commission, and its affiliated entities.