SOURCE: BrightScope

BrightScope

July 13, 2012 10:00 ET

BrightScope Highlights Top 10 Oklahoma City Area-Based RIA Firms

Tom Johnson Investment Management, LLC Is the Largest Firm in the Area With $555.3M in Total Assets Under Management, Followed by Retirement Investment Advisors Inc. With $332.8M

SAN DIEGO, CA--(Marketwire - Jul 13, 2012) - BrightScope (www.brightscope.com), a leading provider of independent financial information and investment research, today announced the Top 10 Registered Investment Advisor (RIA) firms in the Oklahoma City area, focused on individual money management, with the greatest amount of assets under management. This list is part of the series that BrightScope regularly issues to highlight data contained within its Advisor Pages™, a breakthrough way for people to discover, research, and select a financial advisor.

"We created BrightScope Advisor Pages to give people an un-biased, reliable and convenient resource to help them find the best advisor to meet their unique financial needs," said Mike Alfred, CEO and co-founder of BrightScope. "By making comprehensive, accurate information on advisors easily accessible, BrightScope is at the forefront of the movement for transparency within the wealth management industry, ultimately benefiting financial professionals and investors."

By aggregating hard-to-discover but publicly available information on advisors, BrightScope has created a free, easy-to-use database that is searchable from multiple dimensions. BrightScope's Advisor Pages™ features the data most critical to investors tasked with making an informed decision on which financial professional best meets their needs, including location, qualifications, amount and types of assets under management, area of specialty, legal disputes, formal complaints and more.

Top 10 Oklahoma City area-based advisors by total assets under management:

Company - Total assets under management:

1. Tom Johnson Investment Management, LLC - $555.3M

2. Retirement Investment Advisors Inc. - $332.8M

3. Covenant Financial Services, LLC - $325.8M

4. Asset Management Advisors, LLC - $104.9M

5. Comprehensive Financial Planning Inc. - $102.1M

6. Hughes Warren, Inc. - $54.1M

7. Mark I Asset Management, Ltd - $51.2M

8. G. Dewayne Mcanally - $42.4M

9. The Mutual Fund Store - $37.4M

10. L & M Wealth Management and Retirement Solutions, LLC - $33.9M

BrightScope obtains its data directly from publicly available sources, including required regulatory filings from the Securities and Exchange Commission. Financial advisors can augment these primary sources by claiming their BrightScope Advisor Page™. By analyzing and interpreting this data, BrightScope now provides unparalleled insight into the financial management industry.

For more information about BrightScope Advisor Pages™ or to find information on a financial advisor, please visit http://www.brightscope.com/financial-planning/find/advisor/.

About BrightScope
BrightScope is a financial information company that brings transparency to opaque markets through independent research and analysis. Delivered through web-based software, BrightScope data drives better decision-making for individual investors, corporate plan sponsors, asset managers, broker-dealers, and financial advisors. The BrightScope Rating™, developed in partnership with leading independent 401k fiduciaries, reviews more than 200 unique data inputs per plan and calculates a single numerical score which defines plan quality at the company level. In April 2011, the company launched BrightScope Advisor Pages™, the first comprehensive and publicly available directory of financial advisors designed to help consumers discover information and conduct due diligence on wealth management professionals. BrightScope also markets a suite of data analytics software products to Fortune 1000 companies, asset managers, broker-dealers, financial advisors, and other market participants. Public ratings for more than 46,000 retirement plans as well as rating definitions, criteria and methodologies, and information on more than 770,000 financial advisors and 45,000 advisory firms are available for free at www.brightscope.com.

Contact Information

  • Katie Carlson
    Atomic PR for BrightScope
    415-593-1400
    Email Contact