Boca Raton, FL (PRWEB) August 21, 2008
Robert Levitt, Founder and Chief Investment Officer of Levitt Capital Management LLC, based here, has been named as one of the country's top 100 independent financial advisers by Barron's magazine in its annual rankings just out in its August 16, 2008 issue.
Commenting on being selected as a top adviser two years running, Mr. Levitt said, "We are proud to have made the list of the top 100 independent financial advisers in the country, and particularly pleased with our ranking as only one of a handful from Florida and the only one from Palm Beach County. It's an honor to be chosen among the thousands of financial advisers in the country by such a prestigious financial magazine as Barron's."
According to the Barron's article, independent advisers' assets under management jumped 19% last year, to $2.5 trillion, the result of both new business and handsome returns. The annual roster was prepared for Barron's by the Winner's Circle, a securities-industry research concern in Boca Raton, Fla. Scores are based on each adviser's assets under management, his or her contribution to the firm's revenues and profits, and indications of service quality. In the article, R.J. Shook, the research firm's chief notes that an adviser certainly must perform well to attract and retain clients.
Levitt Capital Management LLC, headquartered in Boca Raton, Florida, with a representative office in Paris, France, is a boutique wealth manager dedicated exclusively to offering discretionary investment management and cross border wealth management in the United States and Switzerland. The firm also offers onshore and offshore (Cayman Island) limited partnerships through various affiliated companies. The firm is regulated by the US Securities and Exchange Commission and various offshore regulatory agencies.
Founded in 2000 by Robert Levitt, the firm is completely independent and provides client driven service. It manages $450 million, with a $3 million (€2 million) minimum exclusively for private wealth. It specializes in designing and managing global portfolios, focused on investment performance, for clients invested in global equities purchased on foreign and domestic stock exchanges, as well as fixed income investments, commodities and currencies, with the goal of absolute positive returns. For more information, see http://www.lcmadvisors.com.
For 86 years, Barron's has been the source that America's business and financial leaders turn to every week for authoritative market analyses and insights on companies, industries, sectors, the economy and financial markets in the U.S. and around the world. Barron's has served the stewards of this nation's wealth by delivering information they need to make astute, profitable decisions about money. Barron's delivers comprehensive statistics on the preceding week's trading and financial activities that are unmatched by any other publication, and its feature stories and columns look ahead at what's likely to happen to companies and to the market.