Barron’s, a leading investing publication, is best known for comprehensive advice and analysis of the financial world. It releases four individual advisor rankings each year to highlight the nation’s finest financial advisors and help investors research the RIAs they can trust.
Churchill Management Group, a Los Angeles-based investment firm, boasts over 6,000 clients across the nation. Our advisors prioritize clients’ unique financial goals. We dedicate ourselves to building trusting relationships with our clients with effective communication at the heart.
Barron’s Criteria To Be Ranked As One of the Top RIA Firms
Barron’s ranks RIA’s based on a 102-question survey which considers the firms’ assets (amount and type), revenue, and quality. An advisors’ experience, degrees, and industry designations also affect the ranking. Barron’s takes into account the size, shape, and diversity of a firm’s team, charitable and philanthropic work, and compliance records.
This year, Barron’s adapted their criteria to include three essential metrics: technology spending, diversity across staff, and succession planning.
Incorporating technology continues to grow in importance in the financial world. Particularly with COVID-19, investment firms must consider how they gain clients, understand clients’ needs and improve daily client interactions from a distance. Adopting new technology encourages the survival of independent firms. This ranges from upgrading their videoconferencing systems to enhancing a website’s user experience, encouraging independent firms’ survival. With modern technological advances, Churchill Management Group achieves unprecedented levels of efficiency and reinforces strong relationships with clients. While our technology interprets incredible amounts of data, our advisors can focus on the clients themselves.
The people within an investment firm define the personality and vision of the company. Talented people come from everywhere, introducing new perspectives, strengths, and experiences to a firm. Recent studies show that 47% of millennials actively search for employers who prioritize diversity and inclusion in their companies. However, achieving true diversity means financial leaders must commit themselves to hiring and promoting a variety of staff. Churchill Management Group understands that, in a relationship-focused environment, connecting with a wider client base means including a diverse team of employees who can address each client’s specific needs.
To maintain people’s trust in a company, the management team must prioritize succession planning. However, only 35% of organizations create a concrete approach to succession planning. Succession planning informs clients that even when leadership shifts, the company will run smoothly. Companies grow stronger fostering future leaders, which can lead to increased diversity. It also opens up the opportunity to mentor employees on the necessary expertise they need to advance. For Churchill Management Group, succession planning means nurturing employees who understand our client-centric focus. Our ideal people provide stellar wealth management and considerate experiences for clients who trust us.
Speak to a Churchill Wealth Advisor
Churchill Management Group has grown as a company and advanced with the rest of the world since our foundation in 1963 to become one of the top RIA firms. Our holistic investing approach incorporates a top-down and bottom-up perspective.
Using this philosophy, we manage our clients’ wealth effectively and aim to ensure careful consideration for their futures. Clients can rest assured that trusting Churchill Management Group means setting themselves up to aim to achieve their financial goals.
*Barron’s Top 100 RIA Firms (2020)
Ranking is for Churchill Management Group (“CMG”). The rating may not be representative of any one client’s experience because the ratings reflects a quantitative and qualitative analysis of factors that may include only a sample of the experience of CMG’s clients. The rating is not indicative of future performance. CMG did not pay a fee to participate in the Rankings, but may purchase reprints of the Barron’s article. According to Barron’s: The formula Barron’s uses to rank advisors is proprietary. Participating firms are evaluated and ranked on a wide range of quantitative and qualitative data, including: assets overseen by the firm, revenue generated by the firm, level of technology spending, number of clients, size of staff, diversity across staff, and placement of a succession plan. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved.