The last FT 300 Ranking was published in June 2020, Financial Times is no longer conducting this annual list.
For the FT300, the FT examine the database of RIAs registered with the SEC and select those that reported $300M or more in AUM. The Financial Times’ methodology is quantifiable and objective. The RIAs had no subjective input. The FT invited qualifying RIAs – more than 2,000 – to complete a lengthy application. Some 760 RIA companies applied and 300 made the final list.
The formula the FT uses to grade advisers is based on six broad factors and calculates a numeric score for each company. Areas of consideration include adviser AUM, asset growth, the company’s age, industry certifications of key employees, compliance record and online accessibility. Additionally, the FT caps the number of companies from any one state based on the distribution of millionaires across the U.S. This award does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. The research was conducted by Ignites Research, a Financial Times sister publication. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300. https://www.ft.com/content/a31e1e08-4d54-11e8-97e4-13afc22d86d4