May 1, 2013
(NYSE: ENV), a leading provider of unified wealth management technology and services to investment advisors, recognized managers today who have done exemplary work on behalf of their clients, announcing the winners of the 2013 Separately Managed Account (SMA) Managers of the Year Awards with
magazine at "The 2013 Envestnet Advisor Summit: A New Perspective," which runs
May 1-3, 2013
at the Hyatt Regency in
Now in their ninth year, the SMA Awards were established by Prima Capital and
to honor best-in-class SMA managers. Prima Capital, a provider of investment manager due diligence, research applications, asset allocation modeling and multi-manager portfolios to the wealth management and retirement industries, was acquired by Envestnet in
and has aligned its services as Prima Premium Research under Envestnet |PMC, Envestnet's Portfolio Management Consultants group. This year marked the first time the sponsors presented an overall SMA Manager of the Year Award.
"Each of these candidates has undergone a rigorous due diligence review, and emerged as a superior money manager in everything from performance to investment process and style," said J. Gibson "Gib"
, III, CIMA
, Vice Chairman, Envestnet. "We congratulate the winners and hope this recognition will play a role in empowering SMA managers to meet the highest quality standard of service for their clients."
In order to qualify for consideration as an SMA Manager of the Year, a strategy must report to the PrimaGuide research application, contain at least
in assets and have management with tenure of at least three years.
The 2013 SMA Award winners are:
A New Perspective
- Large Cap Equity Awards: Wedgewood Partners, Inc. - Large Cap Focused Growth, Robeco Boston Partners - Large Cap Value Equity
- Mid Cap Equity Award: EARNEST Partners - Mid Cap Core
- Small to Mid Cap Equity Award: GW&K Investment Management - Small/Mid Cap Equity Strategy
- International Equity Award: Thomas White International, Ltd. - International ADR
- Fixed Income Award: GW&K Investment Management - Enhanced Core Bond Strategy
- Manager of the Year: Wedgewood Partners, Inc. - Large Cap Focused Growth
The 2013 Advisor Summit brings together leaders from across the financial industry and advisors from practices around the country to discuss many of the most critical issues advisors face today. The event showcases Envestnet's innovative technology as well as offering breakthrough portfolio and practice management ideas that help empower advisors to achieve greater client success and business growth.
Day One of the Summit opened following the second annual celebration of Women Leaders in Finance. This exclusive event focused on powerful tools and tactics to help women sharpen leadership skills, while offering networking opportunities with other influential women in the financial community. Presentations at the event included, "Creating Your Best Life: A Scientific Approach to Success and Happiness," and "You Are the Expert: Sharing Secrets for a Great Career."