CHICAGO–(BUSINESS WIRE)–RMB Capital (“RMB”), an independent investment advisory firm with approximately $9.4 billion in assets under management1 (estimated as of June 30, 2019), announced that it was once again named by Barron’s magazine as one of the Top 50 Independent Advisory Firms in the nation. The magazine’s Sept. 16, 2019 issue featured its fourth annual ranking of independent advisory firms as a complement to its annual Top 100 Independent Advisors ranking. This is the fourth consecutive year that RMB has been included in the firm rankings, and RMB’s third consecutive year appearing in the top 30 on this growing list.
“Barron’s is known for its extensive research on the advisory industry and for closely reporting on many issues that are top-of-mind for advisors today, so we are proud to have been recognized once again among our peers in this increasingly competitive environment,” said Richard M. Burridge, RMB Capital founding partner, CEO, and co-chief investment officer. “I appreciate and give a lot of credit to our hard-working team, who is aligned behind our ‘client-first’ mentality. This shared mindset helps us rally together—not only to deliver the services and solutions that our clients need today, but also to anticipate tomorrow’s challenges and opportunities and be prepared to meet them head-on.”
According to Barron’s, firms were ranked to help investors find quality financial guidance based on a number of qualitative and quantitative components, including assets under management, the size and experience of their advisory teams, and the regulatory records of the firms and their advisors. The firm rankings expanded to 50 spots in 2019 (from 40 in 2018 and 30 in 2017) because “the independent-advisory business is simultaneously growing and consolidating,” Barron’s wrote.
Barron’s introduced its independent firm ranking in 2016, in response to industry trends including investor demands for a fiduciary standard of care, the rigorous and complex regulatory environment, and the increasing need for cutting-edge technology.
About RMB Wealth Management
For high-net-worth individuals and families, RMB Wealth Management provides holistic financial planning services as well as asset allocation recommendations and investment implementation. Its goal is to pilot a personalized financial plan designed with each client’s best interests, unique needs, and long-term objectives in mind.
About RMB Capital
RMB Capital is an independent investment advisory firm. Its businesses include wealth management, family office services, asset management, and retirement plan consulting. Headquartered in Chicago, RMB also has offices in Denver; Jackson Hole, Wyo.; Lake Forest, Ill.; Milwaukee; Minneapolis; New York; Oakbrook Terrace, Ill.; St. Joseph, Mich.; and Washington D.C. To learn more about RMB, visit www.rmbcap.com.
1 Total assets under management (“AUM”) presented here differs from regulatory assets under management (“RAUM”) reported on RMB Capital’s Form ADV. AUM reflects net assets under management for private funds and mutual funds managed by RMB Capital, while RAUM reflects gross assets under management. AUM also includes RMB West’s assets under advisement, which are not included in RMB Capital’s RAUM. AUM estimated as of 6/30/19.
Contacts
MEDIA CONTACT:
Shawn Malayter
Senior Associate
Greenhouse Partners
T | 872-267-2636
E | [email protected]
RMB CONTACT:
Kate Demet
Partner, Chief Marketing Officer
RMB Capital
T | 312-784-3203
E | [email protected]
