SOURCE: BrightScope

BrightScope

August 21, 2012 10:00 ET

BrightScope Releases Top 25 St. Louis Area-Based RIA Firms

Buckingham Asset Management, LLC Takes 1st Place With More Than $3B in Total Assets Under Management, While Financial Management Partners Comes in 2nd With More Than $2B

SAN DIEGO, CA--(Marketwire - Aug 21, 2012) - BrightScope (www.brightscope.com), a leading provider of independent financial information and investment research, today announced the Top 25 Registered Investment Advisor (RIA) firms in the St. Louis 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.

"One of the principal objectives of BrightScope Advisor Pages is to create a community of users by redefining the way investors and advisors engage with each other," said Mike Alfred, CEO and co-founder of BrightScope. "With BrightScope Advisor Pages we are revolutionizing the investor-advisor relationship and dramatically increasing the accessibility of financial information, which results in better financial decisions to help millions retire in dignity."

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 25 St. Louis area-based advisors by total assets under management:

Company - Total assets under management:

1. Buckingham Asset Management, LLC - $3.2B

2. Financial Management Partners - $2.1B

3. Plancorp, LLC - $1.6B

4. Confluence Investment Management LLC - $1.4B

5. Argent Capital Management LLC - $1.3B

6. Zemenick & Walker Inc - $1.2B

7. Ascent Investment Partners, LLC - $845.2M

8. Acropolis Investment Management, L.L.C. - $747.9M

9. Hm Capital Management, LLC - $678.3M

10. Lowenhaupt Global Advisors, LLC - $654.0M

11. Terril & Company - $515.0M

12. Cortland Associates Inc - $416.0M

13. Brand Asset Management Group, Inc. - $315.9M

14. Fiduciary Advisors, Inc. - $266.8M

15. Wealthtrust-Dunckerstreett - $265.4M

16. Anderson Hoagland & Co - $253.6M

17. Ahm Asset Management, LLC - $215.4M

18. Droms Strauss Advisors Inc - $212.0M

19. Bush O'Donnell Investment Advisors, Inc - $201.7M

20. Trinity Wealth Advisors LLC - $199.0M

21. Mason Road Wealth Advisors, L.L.C. - $189.8M

22. Amd Financial Services LLC - $179.7M

23. Foundation Wealth Management, LLC - $150.2M

24. Philip Vongontard, CFA, LLC - $138.7M

25. Greenway Family Office, LLC - $129.1M

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 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