October 31, 2016 | InvestmentNews
Tolleson Wealth Management was recognized as one of the 12 firms in the nation for excellence in practice management and financial performance. InvestmentNews considers this award “an important initiative that recognizes the top-performing and most innovative firms in the financial advice industry.” Tracie Klein, CFO, and John Scheibe, CTO, accepted the award in New York in late October.
The 12 winners of the InvestmentNews Best Practices Awards were identified through their participation in the 2016 Financial Performance Study of Advisory Firms, and recognized at The Best Practices Award and Workshop, hosted at the New York Athletic Club. This is the fourth consecutive year that InvestmentNews has recognized the industry’s top-performing firms as part of the Best Practices program. The data collected was analyzed and assessed by teams at InvestmentNews Research and The Ensemble Practice. In total, qualified data was used from 222 firms who supplied financial information for their organizations in addition to providing fee structure, marketing and business development, staffing, strategy, and management on their practice. The “Best Practices” were those who ranked among the top-quartile of all participants; in addition, the final firms were selected after qualitative interviews conducted by the InvestmentNews Best Practices Committee. To view additional disclosures about rankings, awards and recognition, please click here.