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Bridgewater Wealth & Financial Management Named in Financial Advisor’s Top 50 Fastest Growing Firms
  • USA - English


News provided by

FTI Conslting

Aug 14, 2014, 12:00 ET

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Bethesda, MD (PRWEB) August 14, 2014 -- Focus Financial Partners, LLC, the largest international partnership of independent wealth management firms, congratulates Bridgewater Wealth & Financial Management, a Bethesda, Maryland-based Partner firm, for being recognized as a “Top 50 Fastest-Growing Firms” by the Financial Advisor, a leading financial industry magazine. In the same publication, Bridgewater was included in the “FA’s 2014 RIA Ranking”.

Bridgewater’s assets grew by approximately 110%, landing it as the 10th fastest growing firm on the list. According to the Financial Advisor report, the RIA industry as a whole grew by 20%. In addition to increasing assets, Bridgewater has added talent to its team of advisors. In January Stephen Schuler, former President of Maryland Capital Management, joined the Bridgewater team as Partner and Chief Investment Officer. Schuler brought more than $200 million in client assets as well as 14 years of experience heading the Maryland Capital Management investment committee.

“We are very excited to have our firm recognized for its accomplishments,” said Ron Rubin of Bridgewater. “This ranking is evidence of our deep commitment to serving a wide range of clients and growing our firm. We look forward to more successes in the future.”

"Focus is incredibly proud of Bridgewater for being recognized as a Top 50 Fastest Growing Firm and we celebrate their achievement," said Vamsi Yadlapti, Managing Director at Focus. "This ranking is another testament of the Bridgewater team’s commitment to clients and growth, and to the overall growth of the independent wealth management industry as a whole."

The ranking of the Top 50 Fastest-Growing Firms was based on the percentage growth in assets between 2012 and 2013. The overall ranking of top RIAs, appearing in the same edition of the Financial Advisor magazine, was based on total assets.

About Bridgewater Wealth & Financial Management
Bridgewater Wealth & Financial Management is an Independent Registered Investment Advisor and provides comprehensive customized investment consulting, tax advisory services and financial management to high-net worth individuals, organizations and institutions across the U.S. Based in the Washington, D.C. area, Bridgewater’s seasoned staff of investment professionals, certified public accountants and financial managers work with each family and institution to help them achieve their financial goals. For more information regarding Bridgewater Wealth & Financial Management, please visit bridgewaterwealth.com.

About Focus Financial Partners
Founded in 2006, Focus Financial Partners, LLC, is the leading international partnership of independent, fiduciary wealth management firms. With approximately $300 million in annual run rate revenues, Focus provides unrivaled access to best practices, resources, and continuity planning for its partner firms who serve individuals, families, employers and institutions with wealth management, benefit and investment consulting services. Focus partner firms maintain their entrepreneurial independence, while they benefit from the synergies, scale, economics and best practices of the market leader to achieve their business objectives. Focus was included on Inc. magazine’s 5000 ranking of the nation’s fastest-growing private companies in 2011 and 2010. In 2012, Focus was named a Crain’s New York Business “Fast 50” growth firm in New York City. For more information about Focus Financial Partners, please visit http://www.focusfinancialpartners.com.

Disclosure:
Financial Advisor magazine invites all independent registered investment advisors to participate who meet the following criteria. Financial Advisor verifies submitted data based on ADV statements filed with the SEC and direct contact with the firms if necessary. Firms are ranked based on assets under management.

To be eligible for the ranking, firms must be independent registered investment advisors and file their own ADV statement with the SEC and provide financial planning and related services to individual clients. Corporate RIA firms and investment advisor representatives (IARs) are not eligible for this survey.

A corporate RIA is a registered investment advisor most often formed by a broker-dealer that files an ADV with the SEC. Advisors who are affiliated with the broker-dealer or other entity's corporate RIA may offer investment advice. They are considered Investment Advisor Representatives (IARs) of the corporate RIA. All of the assets under management of the IARs are included in the corporate RIA's ADV filed with the SEC.

Raina Gajjar, FTI Conslting, +1 (212) 850-5724, [email protected]

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