LPL advisor teams receiving this recognition, and their respective ranking, include:
- #3 - Sheridan Road Financial, Northbrook, Ill.
- #4 - Retirement Benefits Group, San Diego
- #30 - Moreton Retirement Partners, Denver
“On behalf of LPL, I congratulate Sheridan Road Financial, Retirement Benefits Group and Moreton Retirement Partners on being recognized by Barron’s as leaders in the institutional consulting space,” said David Reich, LPL executive vice president and head of Retirement Partners, High Net Worth and The Private Trust Company. “This honor demonstrates the commitment they have made to their clients to provide investment plans that can serve their retirement plan participants’ needs. LPL is honored to partner with these firms and we look forward to supporting them for years to come.”
The third annual list ranks firms that guide institutional investing for large organizations, such as pensions, endowments, foundations and defined-contribution plans. Firms were named to Barron’s Top Institutional Consultants list based on several criteria including institutional investment assets overseen by each team*, revenue generated by those assets, the number of clients served by the team, the number of team members, among other criteria.
* The Team Institutional Consulting Assets figure reported by Barron's includes advisory and brokerage assets serviced by the advisor team. Figures are as of 12/31/16.
LPL Financial and Barron's are not affiliated.
LPL Financial and the advisor firms referenced are all separate entities.