ROCKVILLE, Md., June 2, 2014 (GLOBE NEWSWIRE) -- Burt Wealth Advisors, Inc., a leading Washington, D.C. metropolitan wealth management firm with over $500M in assets, is pleased to announce that it ranked 4th in the nation in the inaugural CNBC list of the Top 100 Fee-Only Wealth Management Firms.
The list's ranking methodology was developed by the CNBC Digital editorial team and Meridian-IQ and is based on a proprietary formula of the following weighted metrics: assets under management, professional designations among staff, third-party professional utilization, average account size, client segmentation, growth of assets, business tenure, client total, and provision of insurance advice.
"Our goal is to create highly-personalized wealth plans that are integrated with our clients' other professional advisors and that cover life-long relationships across generations," said President and CEO of Burt Wealth Advisors, Fred Cornelius, CFA, CFP®. "It's gratifying to be recognized for the comprehensive services we offer and the talent of our advisory team."
As a firm, Burt Wealth Advisors employs a conservative and balanced approach to investing supported by personalized service, disciplined portfolio construction, rigorous oversight and detailed reporting. Lawrence Attanasio, CFP® and Vice President also explained, "Beyond our primary role of managing money, we aim to be a financial concierge' for our clients, providing advice and direction on a broad array of financial issues."
Another firm-wide guiding principle is continual training and skill-building for all staff as well as utilizing technology to improve productivity and increase the amount of face-time that can be spent with clients. "All aspects of our business are designed to provide the best possible client service," said Vice President, Todd Growney, CFP®.
Executive Vice President, Maria Cornelius, CFP® added, "We are especially proud of our expertise in addressing the distinct needs of women. Our overall mission is to be a trusted partner for each client, serving their unique needs."
Prior to the CNBC ranking, Burt Wealth Advisors has been recognized locally and nationally as a leading wealth management firm in various publications including: Bloomberg Wealth Manager Magazine, Washington Business Journal, Financial Advisor Magazine, Forbes, Medical Economics, Northern Virginia Magazine, Washingtonian Magazine and Worth.
About Burt Wealth Advisors
For more than 25 years, Burt Wealth Advisors has served as a trusted partner of high net worth individuals and families wishing to protect and grow their assets. We pride ourselves on our individualized approach to asset management as well as our commitment to putting our clients' interests first and foremost. We take an objective and proactive approach, bringing proven expertise to bear on every aspect of a client's wealth from accumulation and growth through preservation and distribution.
Fred Cornelius, CFA, CFP®, president and CEO, joined the firm in 1991. Our other lead advisors, Maria Cornelius, Todd Growney, and Larry Attanasio, are all CFPs® with between 15 and 25 years of experience in the financial industry and all are members of the Investment Committee, led by Fred Cornelius. Our Research Analyst, Brendan Feury, MSF, also plays an integral role with the Investment Committee by monitoring the portfolio and trends in the economy while working with the planners to guide the investment strategy.
Chris Cortezi Director of Public Relations Harborside Group 410-812-3784
