SOURCE: BrightScope

BrightScope

October 09, 2012 10:00 ET

BrightScope Issues Top 15 San Antonio Area-Based RIA Firms

South Texas Money Management, Ltd. Takes 1st Place With Nearly $2B in Total Assets Under Management, While Covenant Multi-Family Offices, LLC Comes in 2nd With More Than $1B

SAN DIEGO, CA--(Marketwire - Oct 9, 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 San Antonio 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.

"Like all significant life decisions, due diligence and research should be performed when it comes time to choose a financial advisor. However historically, it's been difficult and time consuming to find all the relevant information required to make an informed decision," said Mike Alfred, CEO and co-founder of BrightScope. "That is where BrightScope Advisor Pages comes in -- by creating an industry standard and providing access to easily understandable data, investors feel confident and assured of their options when choosing the best financial advisor."

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 San Antonio area-based advisors by total assets under management:

Company - Total assets under management:

1. South Texas Money Management, Ltd. - $1.8B

2. Covenant Multi-Family Offices, LLC - $1.3B

3. Intercontinental Consultants, L.L.C. - $348.2M

4. Optima Capital Management, Inc. - $227.0M

5. San Antonio Capital Management, LLC - $177.7M

6. Netting & Pace, Incorporated - $128.1M

7. Crossvault Capital Management LLC - $118.5M

8. The Mutual Fund Store - $104.1M

9. Sawtelle Financial Management - $93.1M

10. Sunport Capital, LLC - $90.6M

11. Glass Management Company - $72.0M

12. Black Swan Advisors, Lp - $61.7M

13. Robinson Value Management, Ltd. - $55.9M

14. Eggerss Capital Management - $45.0M

15. Sipco - $34.7M

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.

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