Algonquin Advisors Receives Recognition from Private Asset Management for the Fifth Year in a Row

December 18, 2017

 

Algonquin Advisors has been recognized by Private Asset Management (PAM) for the fifth year in a row. For the second time, Algonquin was shortlisted (nominated) in three categories for PAM’s 2018 Awards. 

  • Best Registered Investment Advisor for High Net Worth Clients 
  • Best New Product for High Net Worth Advisory 
  • Best Fund Product for High Net Worth Clients

Now in their 8th year, the PAM Awards are a much sought-after industry accolade. Winners will be announced at a ceremony in February 2018. The Awards recognize top investment professionals, wealth advisors, legal firms, consultants and other key service providers operating within the private asset management industry. Annually, PAM invites firms to participate and an independent panel of industry experts, as well as the PAM editorial team, conducts the judging process. The process is based on a mixture of qualitative and quantitative performance indicators to select the winners of the 2018 awards. “Successful candidates must demonstrate: 1. Financial progress: candidates must be able to demonstrate a performance track record over the course of the last twelve months; 2. Growth: client numbers, internal hires and geographic expansion; 3. Client satisfaction: provide evidence of client satisfaction, including evidence of exceptional service and direct client statements; 4. Product innovation: details of new services and products launched over the course of 2016/2017.”

While shortlisted in certain categories for the last five years, Algonquin was recognized by PAM as the 2015 winner of the Best Private Wealth Manager – New Product category. “We are honored to be recognized in three categories. As Algonquin enters its 20th year in business, we believe this recognition reflects the high-quality investment advisory service that we offer to our clients while providing differentiating solutions, including the 2017 launch of the Algonquin Private Market Investments program,” said Firm Founder and Chief Investment Officer, George Hubbard. “We are thrilled to be included, for the fifth year in a row, among the roster of impressive, industry leading firms such as OppenheimerFunds, Eaton Vance Investment Counsel, Bank of the West's Family Wealth Advisors and Fiduciary Trust Company shortlisted by PAM,” commented firm CEO, John Hyman.  

Algonquin Advisors LLC – Founded in 1998, Algonquin Advisors is based in Greenwich, Connecticut. The firm has a national wealth management practice focused on high net worth individuals and foundations. Specific services include asset allocation, portfolio construction, and investment manager selection across traditional and alternative asset classes, with an expertise in private market investments. The firm is well regarded for its family of Algonquin Funds. The firm’s mission is to deliver a superior investment experience to our clients, provide rewarding career opportunities for our team, and contribute meaningfully to our community.

Private Asset Management (PAM) – focuses on how high-net-worth and ultra-high-net-worth individuals and families invest, spend and save their fortunes. Private Asset Management strives to be the industry’s leading media provider covering the vast scope of the wealth management industry through local, national and international developments within the space as well as thought leadership events and content. PAM is published by Pageant Media, a leading provider of business information and insight.

For more information regarding Algonquin please visit the firm’s website at http://algadv.com or contact Ms. Jessica Nelson, at (203) 629-2114, or e-mail her at jnelson@algadv.com.

Any reference to a ranking, a rating or an award provides no guarantee of future performance results, and is not necessarily indicative of any particular client’s experience and is not constant over time. The shortlisting by PAM should not be construed as a guarantee that clients of Algonquin will experience a certain level of results if a client engages or continues to engage Algonquin. It should not be construed as a current or past endorsement by any of Algonquin’s clients. Lists and rankings including those prepared for PAM generally base their selections exclusively on information prepared and submitted by the recognized advisor. Rankings are generally limited to participating advisors. The specific criteria PAM uses to determine the short list is considered proprietary and could not be obtained, and decisions by PAM should be unanimous, but a majority will suffice. The judges are carefully selected for their wealth of experience and expertise, as well as their absence of conflicts of interest. PAM states that “the judging process is rigorous and thorough to ensure that all the entries receive full consideration and that the most deserving winners are chosen.” Judges have discretionary power to move submissions into alternative categories that they think may be more suitable. All judges are required to sign a disclaimer form to keep information about entries and the final winners confidential. Judges cannot judge any categories that their company has submitted for and are obliged to declare that they have no conflicts of interest prior to judging. For more information about PAM and the Awards, please click here and here.