SOURCE: BrightScope


June 26, 2012 10:00 ET

BrightScope Releases Top 15 Memphis Area-Based RIA Firms

Highland Capital Management Corp Takes the No.1 Ranking With $1.2B in Total Assets Under Management, While Green Square Capital, LLC Follows Closely at No.2 With $1.1B

SAN DIEGO, CA--(Marketwire - Jun 26, 2012) - BrightScope (, a leading provider of independent financial information and investment research, today announced the Top 15 Registered Investment Advisor (RIA) firms in the Memphis 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.

"Since launching BrightScope Advisor Pages more than a year ago, we have nearly doubled the number of advisors in our database, further establishing BrightScope at the forefront of data transparency for the financial market," said Mike Alfred, CEO and co-founder of BrightScope. "Not only is BrightScope Advisor Pages a comprehensive and reliable resource for investors searching for the best financial advisor, it is the go-to platform for financial advisors looking to take advantage of the accelerating migration to social media."

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 Memphis area-based advisors by total assets under management:

Company - Total assets under management

1. Highland Capital Management Corp - $1.2B

2. Green Square Capital, LLC - $1.1B

3. Legacy Wealth Management Inc. - $865.1M

4. Waddell & Associates Inc. - $559.3M

5. Delta Asset Management, LLC - $507.3M

6. Summit Asset Management LLC - $419.4M

7. Pope Asset Management, LLC - $417.7M

8. Fsg Investment Management, LLC - $413.7M

9. Td Capital Management LLC - $383.7M

10. Private Wealth Management, Inc. - $314.2M

11. Dorian Eason Asset Management, LLC - $190.7M

12. Century Wealth Management, LLC - $155.1M

13. Compass Financial Advisors LLC - $150.1M

14. William Howard & Co Financial - $126.2M

15. The Mutual Fund Store - $57.1M

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

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

Contact Information

  • Katie Carlson
    Atomic PR for BrightScope
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