Envestnet, Inc. and Investment Advisor magazine announced the winners of the 13th Annual Separately Managed Account (SMA) Manager and Strategist of the Year Awards during the 2017 Envestnet Advisor Summit, currently underway at the Gaylord Texan Resort & Convention Center in Texas (http://www.envestnet.com/advisorsummit).
Crystal statuettes were presented to winners in seven categories on the first day of the Summit.
Congress Asset Management was chosen from among the winners as the overall SMA Manager of the Year, an elite honor given to firms that embody excellence in investment management.
All award winners will be featured in the July 2017 issue of Investment Advisor.
“We congratulate Congress Asset Management and the other winners for achieving long-term outperformance, and for serving as industry role models in their quest to deliver consistent alpha to investors,” said Tim Clift, Chief Investment Strategist at Envestnet | PMC, Envestnet’s Portfolio Management Consultants group (http://www.investpmc.com). ”
Acknowledging the award winners, which were selected using our comprehensive research solutions, in partnership with Investment Advisor, offers an opportunity to help advisors understand how to identify high-conviction SMA strategies for their clients.”
The winners are:
U.S. Equity Large Cap
ClearBridge Investments—Large Cap Growth
SKBA Capital Management—ValuePlus
U.S. Equity Small or Mid Cap
Congress Asset Management—Mid Cap Growth
Kayne Anderson Rudnick—Small Cap Sustainable Growth
International or Global Equity
Lazard Asset Management—Emerging Markets Equity
Fixed Income
Pacific Income Advisers—Limited Duration MACS
Impact
Trillium Asset Management—Small/Mid Cap Core
Strategist
Clark Capital Management—Navigator Strategist Solutions
Specialty
Cushing Asset Management—Cushing MLP Alpha Total Return Strategy
To qualify for an SMA Manager and Strategist of the Year Award, a manager’s team is required to have at least three years of experience running a strategy with $200 million or more in assets.
Additionally, a manager’s product must be reported through Envestnet | PMC’s Premium Research solutions, which are leading sources of investment-manager due diligence and research for advisors.
Award winners and finalists were selected based on Envestnet | PMC’s proprietary, systematic, and multi-factor methodology for evaluating managers.
A variety of qualitative and quantitative criteria, such as firm profile, investment process and style, performance, tax efficiency, and customer service, are taken into consideration under this framework.
“The research team at Envestnet | PMC relies on a diverse range of criteria to assess SMA managers, and reading about the managers and strategies that meet these standards is very helpful for advisors,” said Janet Levaux, Investment Advisory Group Editor-in-Chief at ALM, which publishes Investment Advisor.
“We are committed to helping our readers learn how to effectively evaluate investment strategies and products that can potentially improve outcomes for their clients.”
Mr. Clift and Jamie Green, an ALM representative, presented the SMA Manager and Strategist of the Year Award winners with their awards at the Summit.
The presentation followed the announcement of the winners of the first annual Essential Advisor Awards, and a panel discussion on how the Essential Advisor Award recipients are evolving their practices to enhance the value of their client relationships.
