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Sierra Named in 2018 Financial Times “300 Top Registered Investment Advisers in the US”
The firm has been recognized for the second time
Santa Monica, CA (July 24, 2018) -- The Sierra Group of Companies today announced that Sierra Investment Management has again been named to the 2018 FT 300, Financial Times’ list of the top U.S. registered independent investment advisors, assessed on traits desirable to clients.
The fifth edition of the FT 300 is presented as an elite group, not a competitive ranking of one to 300, and areas of consideration include adviser AUM, asset growth, the company’s age, industry certifications of key employees, SEC compliance record and online accessibility. The formula the FT uses to grade advisers is based on these six broad factors and calculates a numeric score for each firm. Over 2000 registered investment advisor (RIA) firms are invited to apply and the final group was chosen from more than 760 applications.
“We at Sierra Investment Management are honored to be included among the advisory firms selected as the FT 300,” said David Wright, co-founder and Managing Director of Sierra. “It’s an incredible accomplishment to be part of such and esteemed group, and a testament to our focus on client service and our conservative, thoughtful approach to investing and financial advice.”
The research for the FT 300 was conducted by Ignites Research, an FT sister publication.
About The Sierra Companies
The Sierra Group of Companies (“Sierra”) comprises Sierra Investment Management, Inc., Ocean Park Asset Management, Inc., and Wright Fund Management, LLC, which manages the Sierra Mutual Funds, which include the Sierra Tactical All Asset Fund and Sierra Tactical Core Income Fund.
Since 1987 Sierra has been helping retirees and other conservative investors preserve and grow their wealth. Through the years, Sierra has fine-tuned an investment approach specifically designed to try to limit downside risk and to provide satisfying returns over a market cycle, by reflecting Sierra’s current market and manager views. Using decades of strategic research and proven risk management disciplines, Sierra strives to help its clients meet their specific investment goals.
As of June 30, 2018, Sierra manages or advises nearly $3.4 billion in assets for conservative investors.
Neither Sierra Investment Management, Inc., Ocean Park Asset Management, Inc. nor Wright Fund Management LLC are affiliated with Northern Lights Distributors, LLC.
About the 2018 Financial Times 300
The Financial Times 300 Top Registered Investment Advisers is an independent listing produced annually by the Financial Times (June 2018). The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT’s research. The listing reflected each practice’s performance in six primary areas: assets under management, asset growth, compliance record, years in existence, credentials and online accessibility. This award does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. Neither the RIA firms nor their employees pay a fee to the Financial Times in exchange for inclusion in the FT 300. According to its website, the Financial Times “is one of the world’s leading news organizations, recognized internationally for its authority, integrity and accuracy. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.
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Tucker Hewes, (212) 207-9451