Bailard selected from thousands of RIA firms considered across the nation

Bailard is proud to announce we have again been selected for the CNBC Financial Advisor 100 list, which ranks the top firms across the nation providing advice and support as clients work towards their financial goals. This is the fourth edition of the CNBC FA 100, and we are incredibly honored to be recognized each year since the list’s inception.

The registered investment advisors (RIAs) recognized this year were selected from nearly 40,000 firms considered from the SEC’s regulatory database. From this initial list, 904 were given the opportunity by CNBC to complete an application for the CNBC FA 100 ranking. This data-driven selection process included considerations like the ratio of investment advisors to total number of employees, the total assets under management, and number of years in business.

“For the past four years, this recognition by CNBC has been a point of pride across Bailard, and we are always honored to be in the company of these industry-leading RIAs across the country,” said Sonya Mughal, CEO of Bailard. “This year, as we are supporting clients through an increasingly volatile market, this distinction is especially gratifying. We pride ourselves on bringing not only prudent advice in today’s changing times, but also values-driven guidance that fits our clients’ needs and goals for their financial future.”

Bailard ranked ninety-eighth on CNBC’s list. This ranking is the latest of a series of recognitions for Bailard’s role as an industry-leading workplace and commitment to supporting their community. This summer, Bailard made the San Francisco Business Times’ 2022 Top 100 Bay Area Corporate Philanthropists List, and at the start of the year the firm was named by InvestmentNews as one of the 2022 Best Places to Work for Financial Advisers.

“Our Wealth Management team demonstrates Bailard’s values each day, and this recognition by CNBC is another proof point of our commitment to excellence and independence in not only a changing market but also the evolving wealth management industry,” said Michael Faust, CFA, President of Wealth Management. “I am consistently humbled by the tremendous work from across our Wealth Management group, and I am excited for how we will continue to serve clients in the year ahead.”

To learn more about the method for CNBC FA 100 ranking, read below; this year’s full list is available here.

About Bailard, Inc.
Founded in 1969, Bailard is an independent asset and wealth management firm serving individuals, families, and institutions alike. Bailard has built a long‐term asset management track record across domestic and international equities, fixed income, and private real estate, as well as robust, in‐house ESG expertise. Through it all—and in line with its core principles and strong ESG mindset—Bailard works with clients to align their financial goals with their values. With $4.8 billion in assets under management as of 9/30/2022, Bailard is a majority employee‐owned and women‐led firm, and a Principles of Responsible Investing (PRI) signatory. A values‐driven firm based in the San Francisco Bay Area, Bailard has its own private charitable foundation and is deeply committed to its core values of accountability, compassion, courage, excellence, fairness, and independence.

About the CNBC FA 100 methodology
This year’s list was announced on October 4, 2022 by CNBC; there was no cost to enter. NBC enlisted data provider AccuPoint Solutions to assist with the ranking of registered investment advisors for this year’s FA 100 list. The methodology consisted of first analyzing a variety of core data points from AccuPoint Solutions’ proprietary database of registered investment advisors. This analysis started with an initial list of 39,818 RIA firms from the Securities and Exchange Commission regulatory database. Through a process, the list was eventually cut to 904 RIAs, with those firms meeting CNBC’s proprietary criteria. CNBC staff sent an extensive email survey to all those firms that met the initial criteria to gather more details. In turn, those advisory firms wishing to be ranked filled out the comprehensive application in regard to their practice. The CNBC team verified that data with those firms and with the SEC regulatory database. AccuPoint once again applied CNBC’s proprietary 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 CNBC’s requirements. Once the initial list was compiled, weightings were also applied accordingly. These data points included: Advisory firm’s regulatory/compliance record (editor’s note: Any firm that had a disclosure on its SEC ADV was automatically disqualified from the ranking); number of years in the business; Number of certified financial planners; 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 98 out of 100 in 2022, 97 out of 100 in 2021, 86 in 2020, and 54 in 2019. This award does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance.

About the 2022 Best Places to Work for Financial Advisers by InvestmentNews
This year’s list was announced on February 7, 2022 by InvestmentNews; there was no cost to enter. Currently in its fifth year, the InvestmentNews 2022 Best Places to Work for Financial Advisers program recognizes financial advice businesses that create meaningful work experiences for all their professionals. These firms value a commitment of excellence to both their employees and clients. It is from these encouraging foundations that advice firms can provide high quality and personalized investment and financial planning for clients. Each year, this project is conducted in partnership with employee survey firm Best Companies Group. Winners are selected from a two-part survey completed by employers and employees. Employers report their organization’s workplace policies, practices and demographics, and employees complete a survey designed to measure the employee experience. Scores from the employee survey represent three-quarters of the weight of the final rankings. To qualify as one of InvestmentNews Best Places to Work for Financial Advisers, an advice firm must have at least 15 employees and have been in business for one year. This year, a total of 75 firms were placed on the InvestmentNews 2022 Best Places to Work for Financial Advisers list. 21 managers were recognized in Bailard’s category of 50+ employees, where Bailard ranked #6. This award does not evaluate the quality of services provided to clients and is not indicative of Bailard’s future performance.