SOURCE: BrightScope

BrightScope

October 23, 2012 10:00 ET

BrightScope Issues Top 15 Birmingham Area-Based RIA Firms

Arlington Partners LLC Takes 1st Place With More Than $2B in Total Assets Under Management, While Johnson Sterling, Inc. Comes in 2nd With More Than $1B

SAN DIEGO, CA--(Marketwire - Oct 23, 2012) - BrightScope (www.brightscope.com), a leading provider of independent financial information and investment research, today announced the Top 15 Registered Investment Advisor (RIA) firms in the Birmingham 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.

"Successful research and due diligence is achieved only when pertinent information is easily accessible to help enable an informed decision," said Mike Alfred, CEO and co-founder of BrightScope. "We created BrightScope Advisor Pages to make sure those looking for the best financial advisor can find one easily, quickly and confidently, without searching through massive amounts of information from multiple resources."

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 15 Birmingham area-based advisors by total assets under management:

Company - Total assets under management:

1. Arlington Partners LLC - $2.1B

2. Johnson Sterling, Inc. - $1.3B

3. Warren, Averett, Kimbrough and Marino Wealth Management, LLC - $864.7M

4. Kinsight, LLC - $469.8M

5. The Welch Group, LLC - $441.0M

6. Birmingham Capital Management Co Inc. - $237.9M

7. Money Management Services Inc. - $141.5M

8. Professional Asset Strategies, LLC - $119.2M

9. Asset Management Services LLP - $99.9M

10. Fee-Only Planning Professionals, LLC - $81.5M

11. Strauss Financial Group, Inc. - $70.0M

12. Wesban Financial Consultants, P.C. - $40.9M

13. The Mutual Fund Store - $34.4M

14. Fidelis Capital, LLC - $24.4M

15. Clark Planning & Investment Advisory - $19.5M

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 nearly 45,000 advisory firms are available for free at www.brightscope.com.

Contact Information

  • Jen Harding
    Atomic PR for BrightScope
    415-593-1400
    Email Contact