Month: October 2020

This is the second consecutive year Bailard has been honored in the industry ranking

FOSTER CITY, Calif.  – October 6, 2020 – Bailard, a wealth and investment management firm based in California, is pleased to announce it has been recognized by CNBC in their 2020 Financial Advisor 100 list, which works to identify the top advisory firms in the country for a variety of factors including comprehensive offerings and the longevity of the firm.

“2020 has brought change to all aspects of our business, from how we communicate with and support our wealth management clients to the way we connect as a team,” said Sonya Thadhani Mughal, Chief Operating Officer and Chief Risk Officer of Bailard. “While it is always an honor to be recognized by the industry, it’s a special honor to be recognized during this tough year. I’ve been proud of our team’s commitment to excellence, even in the hardest times.”

The CNBC FA 100 selects 100 advisors from a universe of thousands of firms through close analysis of data representing several factors that together create the full list. A few of the factors considered include disclosures, average account size, the ratio of investment advisors to total number of employees, and total AUM. Each section was weighted according to specific criteria created by CNBC and AccuPoint, CNBC’s data provider.

“Bailard’s place on the CNBC FA 100 list is a testament to the dedicated team in our wealth management practice,” said Michael Faust, Bailard’s Executive Vice President and Director of Wealth Management. “We pride ourselves on being a values-driven firm, and the CNBC FA 100 shows we are living up to our values: we remain independent and committed to delivering excellence to our clients.”

This recognition is the latest of a series of industry wins for Bailard, who was named a best place to work by InvestmentNews and in a joint Best Places to Work ranking by San Francisco Business Times and Silicon Valley Business Journal. Bailard is positioned to continue leading the industry in 2021 with recent talent acquisitions. To maintain Bailard’s commitment to excellence in client results and team support, this spring the firm welcomed David Jones as Director of Estate Strategy and recently named Kyle Berkley as Vice President of Human Resources.

About Bailard, Inc.
With over 50 years of experience, Bailard is an independent wealth and investment management firm that combines proven, proprietary methodologies with innovative new strategies to drive success for clients. For individuals and institutions alike, Bailard proudly serves as a trusted partner focused on achieving long-term results aligned with client values and goals. An independent firm since our founding in 1969, we stand committed to our values and, most importantly, our clients. With $4.0 billion in AUM as of September 2020, Bailard’s high-touch client service and proven track record are grounded in the firm’s core values of openness, fairness, excellence, and courage. To learn more about Bailard, please visit: https://bailard.com/.

About the CNBC FA 100 Methodology
CNBC enlisted data provider AccuPoint Solutions to assist with delivering the CNBC FA 100 ranking of registered investment advisors. The methodology consisted of first analyzing a variety of core data points from AccuPoint’s database of financial services firms. This analysis started with an initial list of 37,369 RIA firms. AccuPoint then applied weighted categories to further refine and rank the firms, ultimately creating the list of the top 100. The primary data points used in the analysis were reviewed, either as a minimum baseline or within a range, eliminating those firms that did not meet our requirements. Once the initial list was compiled, weightings were also applied accordingly. These data points included: disclosures; number of RIAs employed by each firm; number of employees; number of investment advisors registered with the firm; the ratio of investment advisors to total number of employees; total assets under management; percentage of discretionary assets under management; total accounts under management; number of states where the RIA is registered; and country of domicile. Bailard ranked #86. This award does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. Neither the RIA firms nor their employees pay a fee to CNBC in exchange for inclusion in the FA 100.

About InvestmentNews
InvestmentNews is the leading source for news, analysis and information essential to the financial advisory community. Since 1998, their standard of editorial excellence and deep industry knowledge has allowed InvestmentNews to educate, inform and engage the most influential financial advisers. Through their weekly newspaper, website, newsletters, research, events, videos and webcasts, InvestmentNews provides exclusive and up-to-the-minute news, as well as actionable intelligence, that empowers financial advisers to serve their clients and run their businesses more effectively whenever, however and wherever they need it. Headquartered in New York, with offices in Chicago and Washington D.C., InvestmentNews is part of London-based Bonhill Group plc. Learn more at www.InvestmentNews.com.

About 2020 InvestmentNews Best Places to Work for Financial Advisers
This award does not evaluate the quality of services provided to clients and is not indicative of Bailard’s future performance. There was no cost for Bailard to enter. InvestmentNews partnered with the Best Companies Group, an independent research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees. The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies. To have been eligible for consideration, companies must meet the following criteria: have a minimum of 15 full and/or part-time employees working in the United States; must be in business a minimum of one year; and be a registered investment adviser (RIA), affiliated with (but not an employee of) an independent broker dealer (IBD), or a hybrid/dually-registered firm affiliated with an IBD and doing business through an RIA. This year, a total of 75 firms were placed on the 2020 InvestmentNews Best Places to Work for Financial Advisers list. 25 advisers were recognized in Bailard’s category of Large Employer (50 or more U.S. employees) and Bailard was ranked fourth.

About The Business Journals
The San Francisco Business Times and the Silicon Valley Business Journal are both publications of The Business Journal. The Business Journal’s 43 business publications represent the largest publisher of metropolitan business newsweeklies in the United States, reaching 3.6 million readers each week from Washington, D.C., to San Francisco, and from Austin, Texas, to Albany, N.Y. Bizjournals features local people and decision makers who are leaders in their business communities. They report on local and national issues that impact subscribers’ businesses and assist them in growing their companies.

About Best Places to Work in the Bay Area 2020
This award does not evaluate the quality of services provided to clients and is not indicative of Bailard’s future performance. There was no cost for Bailard to enter. The San Francisco Business Times and Silicon Valley Business Journal partnered with Quantum Workplaces, an independent survey program administrator. All Best Places to Work winners are determined exclusively on the basis of their employees’ responses to the Best Places to Work Survey. Employee responses from the 30 standard survey questions, along with the number of employees that respond to the survey, are calculated to determine the company’s overall score and ranking. Employees with 5% or greater company stock ownership were prohibited from participating in the survey. Employees completed one survey for the Best Places to Work in the Bay Area 2020 program and, as a result of Bailard’s two Bay Area offices (Foster City and San Francisco), garnered rankings in both the San Francisco Business Times and Silicon Valley Business Journal lists. This year, 125 firms appeared in the San Francisco Business Times and the Silicon Valley Business Journal list. 25 firms were recognized in Bailard’s category of Small Employer (50-99 employees) and Bailard was twelfth.

* All investments involve a risk of loss. There is no guarantee any strategy will achieve its objectives. Bailard will not offer advice in any jurisdiction where it is prohibited from doing so.