SAN ANTONIO, Texas – July 7, 2016 – Jeanie Wyatt, CFA®, CEO and Chief Investment Officer of South Texas Money Management (STMM) has been named by Barron’s magazine to their national list of Top 100 Women Financial Advisors (2016). Wyatt was one of ten named from Texas. South Texas Money Management also announced that it was listed to Financial Times Magazine’s national list of Top 300 RIAs. STMM was one of 12 firms in Texas named to the FT 300.
Wyatt said, “These rankings are a reflection of the dedication and hard work of our team at South Texas Money Management which is made up of 60 people in our five offices around the state. It is a special honor to be named to the Barron’s list, as women have long been a minority in the asset management industry, but we continue to make progress by serving clients in a consistent and professional manner.”
The national ranking by Barron’s reflects the volume of assets overseen by the advisors and their teams, revenues generated for the firms and the quality of the advisors' practices.
The Financial Times used a formula to grade advisors who submit data based on six broad factors and calculated a numeric score for each advisor. Areas of consideration include advisor AUM, asset growth, the company’s age, industry certifications of key employees, SEC compliance record, and online accessibility. Assets under management and asset growth combined comprised roughly 80-85 percent of each advisor’s score. The FT invited more than 1500 qualifying RIA companies to complete a lengthy application providing information about them and some 520 companies applied for this distinction. This information was combined with FT’s research into the companies’ practices, including regulatory findings. FT capped the number of companies from any one state that made the list.
STMM President and Chief Economist, Jim Kee, Ph.D. said, “This is what we do, this is what our investment process intended to accomplish. It is always gratifying to be acknowledged for achieving our goals.”
About South Texas Money Management, Ltd.
South Texas Money Management (STMM) is a registered investment advisory firm that helps clients build wealth over time so they can accomplish important goals. Founded in 2000 by Wyatt, STMM provides investment advisory services to individuals, trusts, retirement plans, estates, institutions, charitable foundations and endowments. As of March 31, 2016, STMM managed approximately $2.8 billion in assets. STMM is based in San Antonio with additional offices in Austin, Houston, Dallas and Corpus Christi.
About Barron’s Magazine
Barron’s is a premier financial magazine, renowned for its market-moving stories. Barron’s provides concise analysis and advice on how to invest in stocks, bonds, ETFs, options, emerging markets, commodities, and more each week in Barron’s magazine and daily on Barrons.com. Published by Dow Jones & Company since 1921, it reaches an influential audience of senior corporate decision makers, institutional investors, individual investors and financial professionals.
About the The Financial Times
The Financial Times, one of the world’s leading business news organizations, is recognized internationally for its authority, integrity and accuracy. Providing essential news, comment, data and analysis for the global business community, the FT has a combined paid print and digital circulation of 780,000. Mobile is an increasingly important channel for the FT, driving almost half of total traffic.
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Posted on Mon, July 11, 2016
by Danny Aleman