Barron's Names Sierra’s David Wright to 2020 "Top 100 Independent Financial Advisors" Rankings for Fifth Time

SANTA MONICA, Calif.--(BUSINESS WIRE)--Sierra Investment Management today announced that managing director and co-founder David Wright has been named to Barron’s Top 100 Independent Financial Advisors for a fifth time. The Barron's rankings formula is based on three general categories: assets, revenue, and quality of practice. There are multiple factors and calculations within each of these categories. The rankings, published once a year, reflect the volume of assets under management, revenues, and quality of the advisors’ practices as of June 30, 2020.

“Since Dr. Ken Sleeper and I founded Sierra over thirty years ago we have focused on helping clients to grow their assets, but just as importantly, to manage volatility and limit downside risk,” said Mr. Wright. “The recent market volatility has posed unique challenges to advisors, and it speaks to the quality of our entire team that we continue to help our clients reach their long-term goals. I am honored to be once again be named to this list.”

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.

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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