We are honored to once again be named to this prestigious list as it is a testament to the quality of our high touch services and the performance of our investment team led by our Chief Investment Officer, Bob Haber,” said Matthew Wosk, Proficio Founder and Chief Executive Officer.
BOSTON (PRWEB) July 30, 2020
Proficio Capital Partners, a multi-family office servicing as a high touch manager of both liquid and illiquid assets, is pleased to announce it has been named to the 2020 edition of the Financial Times 300 Top Registered Investment Advisers for the third consecutive year. Proficio continues to be counted among the top independent RIA firms in the U.S. with record growth in both assets under management and assets under advisement.
“We are honored to once again be named to this prestigious list as it is a testament to the quality of our high touch services and the performance of our investment team led by our Chief Investment Officer, Bob Haber,” said Matthew Wosk, Proficio Founder and Chief Executive Officer. “Bob and his team recognized a shift in the market early in 2020 and reacted quickly to position our clients to weather the economic impact of COVID.”
“Our focus on highly tax efficient investment strategies has enabled us to expand our value-added offering beyond families and high net worth individuals, to the management of corporate/institutional portfolios for the benefit of family entities,” said Sheldon Hanau, Proficio’s Chief Strategy Officer. “And to meet our client’s growing needs, we have continued to add to our talented team and have almost doubled the size of our physical space.”
Proficio was an early adopter to the insurance dedicated fund (IDF) market by establishing its own IDF in 2017. The fund invests in a multi-asset portfolio of both internally and externally managed investment vehicles from a diversified group of asset classes with the goal to generate highly competitive risk-adjusted returns. As a leader in this growing IDF market, Proficio has been devoting more resources into its IDF portfolio where it consistently ranks in the top quartile of all funds.
This is the seventh annual FT 300 list, produced independently by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times. Ignites Research provides business intelligence on investment management.
RIA firms applied for consideration, having met a minimum set of criteria. Applicants were then graded on six factors: assets under management (AUM); AUM growth rate; years in existence; advanced industry credentials of the firm’s advisers; online accessibility; and compliance records. There are no fees or other considerations required of RIAs that apply for the FT 300.
The final FT 300 represents an impressive cohort of elite RIA firms, as the median AUM of this year’s group is $1.9 billion. The FT 300 Top RIAs represent 39 different states and Washington, D.C.
The FT 300 is one in series of rankings of top advisers by the Financial Times, including the FT 401 (DC retirement plan advisers) and the FT 400 (broker-dealer advisers).
About Proficio Capital Partners
Proficio Capital Partners is a multi-family office located just outside Boston, Massachusetts. Founded five years ago by Bob Haber (CIO; previously at Fidelity) and Matthew Wosk (CEO; previously at Credit Suisse and Goldman Sachs), Proficio serves as a high-touch manager of both liquid and illiquid financial assets operating with high transparency to families, trustees, and administrators. The firm follows a service delivery model holding themselves as an objective provider of advice that places the interests of their clients first with a focus on wealth preservation and after-tax, after-fee, risk adjusted returns. For more information go to: http://www.proficiocap.com .