Barron’s Names Wescott Top Financial Advisor in Pennsylvania
Philadelphia wealth management firm rises from No. 3 spot in annual state-by-state ranking
PHILADELPHIA, March 4, 2015 — Wescott Financial Advisory Group and its founder and CEO, Grant Rawdin, have been named by Barron’s, one of the top financial publications, as the No. 1 advisor in Pennsylvania for 2015. Wescott is listed at No. 22 on Barron’s annual list of the Top 100 Wealth Advisors in the United States.
Barron’s bases its annual state-by-state ranking of advisors at both Wall Street and independent firms on assets under management, revenues produced for their firms and the quality of the practices. It also examines regulatory records, internal company documents and extensive questionnaires completed by the advisors.
“We are thrilled to be recognized for the work that we do every day for our clients,” Rawdin said. “We look forward to building on this honor, maintaining our focus on our clients’ financial goals to ensure that each ranks us at the top of their lists, too. This accolade serves as additional inspiration for us to serve them at our utmost ability.”
Wescott is responsible for $2.2 billion in assets under management from clients with a typical net worth of approximately $25 million. Rawdin and Wescott moved up to the top spot this year from a ranking at No. 3 in 2014, when the firm had $1.8 billion in assets under management
As one of the No. 1 advisors, Rawdin was asked by Barron’s for some insight into his business. He told them it’s his job to help his clients avoid risky behaviors and direct them toward smarter investments.
“Our improved ranking reflects the accomplishments of the entire Wescott team throughout the country,” Rawdin said. “I thank all of them for their dedication to the needs of our clients.”
About Wescott Financial Advisory Group LLC
Wescott Financial Advisory Group LLC is a relationship-driven, empathetic, independent wealth management firm committed to providing individuals and institutions with unmatched proficiency and multi-disciplined expertise to cultivate their best possible well-being. The company’s diverse team members are experts in investments, law, accounting and business, and hold a wide range of industry-acclaimed credentials that enable them to offer thoughtful and personal advice to their clients. With more than $2 billion in assets under management, Wescott is one of the top wealth management firms in the nation, as ranked by CNBC, Barron’s and Financial Advisor magazine. Founded in 1987, Wescott has offices in Philadelphia, Boca Raton, Miami and San Francisco. For more information, visit wescott.com and follow them on Twitter @WescottFin.
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