June 2, 2016
Cornerstone Advisors Asset Management, LLC., a Bethlehem, Pa.-based investment consulting firm, has been ranked No. 8 in Barron’s 2016 ranking of the nation’s best institutional consultants and is the top-ranking independent firm on the list. Cornerstone has $4.1 billion in institutional assets under management.
The ranking was based on a range of criteria, including institutional investment assets managed by the company’s financial advising team; revenue generated by those assets; the number of clients the team serves; the number of team members and their regulatory records; and the advanced, professional designations and accomplishments of the team.
“We are extremely excited and honored to have been selected by Barron’s for this national recognition,” said Thomas J. Scalici, chief executive officer. “We are especially pleased because of the methodology used to select the firms on the list. We have a very dedicated team of professionals who are challenged to bring their A game to work every day. Our clients benefit as a result of this cumulative effort.”
Over the past several years, Cornerstone has been named on multiple lists as a top investment consultant including those from Forbes, Financial Times and Pensions & Investments.
Cornerstone Advisors Asset Management, LLC., serves sophisticated financial market participants and works to positively impact their financial futures by utilizing a fiduciary decision-making process. Cornerstone’s seven core principles: Alignment of Interests, Transparency, True Open Architecture, Innovative Technology, Culture of Achievement, Thought Leadership and Commitment to Client Service allow them to negotiate and implement solutions that help benefit their clients.
For more information, visit www.cornerstone-companies.com.