Los Angeles, CA (PRWEB) October 29, 2012
L&S Advisors, Inc. (http://www.lsadvisors.com), an independent, fee-only registered investment advisor (RIA), was recognized on the 2012 AdvisorOne Top Wealth Manager List as one of the top 100 participating RIA firms, ranked by average assets under management (AUM) per client. Founded by financial industry veteran Sy Lippman and former Securities Exchange Commission (SEC) attorney Rick Scott, L&S Advisors employs a tactical, active investment strategy to managing portfolios for high-net worth individuals and families, as well as institutional accounts, endowments and family offices.
“We are honored by this recognition for our leadership within the RIA community,” commented Sy Lippman, CEO and managing director of L&S Advisors. “Our primary goal is, and always has been, to provide portfolio management services that focus on risk management and capital preservation in an effort to not only help clients achieve successful market gains on the upside, but also protect their assets on the downside.”
This is the 12th year that AdvisorOne and Investment Advisor magazine (and its predecessor publications, notably Wealth Manager magazine) have surveyed wealth managers across the U.S., creating from the survey the Top Wealth Managers list and ranking.
To qualify among the 100 Top Wealth Managers for 2012, wealth managers were required to be investment advisory firms registered with the SEC that provide wealth management services to high-net worth individuals. Top Wealth Manager firms must also have client AUM of at least $100 million and file a Form ADV. Rankings by total AUM and average AUM per client of the 280 firms that participated and met these criteria can be found on AdvisorOne’s website, along with past rankings, additional analysis and data, and full qualifying criteria.
About L&S Advisors, Inc.
L&S Advisors, Inc. is a registered investment advisor (RIA) headquartered in Los Angeles that specializes in investment advisory services for high net worth investors, as well as institutional accounts, endowments and family offices. The firm's investment philosophy centers on risk management, capital preservation, and risk-adjusted returns for clients. As an independent, fee-only RIA dedicated exclusively to managing assets, L&S Advisors provides objective and unbiased investment advice. The firm is defined by its client-focused, flexible investment strategies and its complete commitment to objectivity, independence, and transparency in all areas of its business.
AdvisorOne.com is the ultimate online destination for advisors, featuring all the news, in-depth analysis, market data, tools and networking opportunities advisors need to transform their business – and their bottom lines. Responding to the needs of advisors for a single site source of information, the website delivers original content and data assets from Summit Business Media’s Investment Advisory Group, combined with contributions from industry experts and relevant content aggregated from across the web.
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JB Communications|Public Relations