SANTA MONICA, Calif.--(BUSINESS WIRE)--Sierra Investment Management today announced that David C. Wright, Co-Founder and Portfolio Manager of Sierra Investment Management, has been named to the 2020 Forbes list Best-In-State Wealth Advisors, a ranking of financial advisors based on both qualitative and quantitative measures rated as important to clients.
Forbes spotlights more than 4,000 top advisors across the country who were nominated by their firms—and then researches, interviews and assigns a ranking within their respective states and markets. According to R.J. Shook, president and founder of SHOOK Research, which created the list, "Our research has found that the very best advisors are laser focused on having a positive impact on their clients' lives."
The full methodology behind the Best-In-State Wealth Advisors can be found here.
“I am delighted that Sierra is included among Forbes’ of ‘Best-In-State Wealth Advisors’,” said Mr. Wright, co-founder and Managing Director of Sierra. “Since Ken Sleeper and I founded the firm back in 1987, Sierra has been focused on achieving a true partnership with our clients by providing investment strategies that help to build and preserve wealth, but also cultivate peace of mind by limiting downside risk. It is this fundamental philosophy that has fueled our growth with both direct clients and investors across the US. We are grateful to be recognized by the Forbes.”
About The Sierra Companies
The Sierra 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, by reflecting Sierra’s current market and manager views. Using decades of strategic research and proven risk management disciplines, Sierra strives to help its clients meet their specific investment goals.
As of December 31, 2019, Sierra and manages or advises over $4.5 billion in assets for conservative investors.
About the 2020 Forbes’ Best In-State Wealth Advisors list
The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients.