WE Family Offices Recognized by InvestmentNews

January 7, 2021

We are pleased to announce that WE Family Offices has been recognized as the second-largest registered investment advisor (RIA) in the South by InvestmentNews. For its annual review of RIAs, InvestmentNews divided participating firms into four regions: The Northeast, West, Midwest and South. InvestmentNews then ranked the top fee-only firms in each region by assets under management (AUM).

“Our firm is honored to have our commitment to our clients recognized by InvestmentNews, especially during a time when the industry is evolving and innovating in response to the COVID-19 pandemic,” WE Family Offices Managing Partner Michael Zeuner said in response to the firm’s achievement.

This achievement comes at a time when competition among RIAs is heating up in the southern part of the United States. According to InvestmentNews, RIAs in the South experienced an average growth rate of 14.1%, while firms based in and around major metropolitan areas of New York, Boston and Philadelphia shrunk at an average annual rate of 0.6%. While numerous factors contributed to this regional discrepancy, the COVID-19 pandemic’s impacts on business opportunities in the North, combined with the South’s lower state taxes and warm weather, seem to play a significant role.

Click here to view the entire RIA ranking and its corresponding article in the December issue of InvestmentNews.

 

Important Disclosure: This material includes references to financial media firms and awards pertaining to third-party ratings and rankings of WE Family Offices LLC (“WE Family”), that may be public information in the ordinary course of its business, and such firms are not affiliated or related to WE Family.  These firms may have independently provided WE Family with a questionnaire or survey as structured by the firms and used in the preparation of the third-party rating or ranking and not designed or prepared to produce any predetermined result. WE Family does not compensate directly or indirectly such firms in connection with obtaining or using the third-party rating or rankings. This rating was confirmed in December of 2020 based on data within a 12-month period. InvestmentNews created and tabulated the rating; judging panels made decisions based on award-specific methodology.