We spotlight Envestnet portfolio managers with strategies
that produce consistently strong results.
By Ginger Szala and Janet Levaux
The Asset Managers and
U.S. LARGE CAP EQUITY
Strategist of the Year
Award winners for 2020
are (by category):
• Brown Advisory — Large Cap Growth• Parnassus Investments — Core Equity Fund
U.S. SMALL/SMID/MID-CAP EQUITY
• Wells Fargo Asset Management —
GLOBAL, INTERNATIONAL AND
Special Mid Cap Value
• The London Co. — SMID Managed
• ClearBridge Investments — InternationalGrowth ADR SMA
• Breckinridge Capital Advisors —Intermediate Sustainable Tax Efficient SMA
• Eaton Vance — Global Macro AbsoluteReturn Strategy
• Capital Group — American Funds Core Models
FIXED INCOME & MANAGER OF THE YEAR
• T. Rowe Price Investment Management —Floating Rate Fund/Bank Loan Strategy
Envestnet and Investment Advisor magazine are pleased to pres- ent the winners of the 2020 Asset Managers and Strategist of the Year Awards. Now in its 16th year, this recognition program shines a spotlight on the work of high-conviction portfolio managers who demonstratebest practices of investment management.
As in previous years, the selection committee picked winners in each category using a systematic, proprietary and multi-factor methodology developedby Envestnet’s Portfolio Management Consultants group, Envestnet | PMC.
The qualitative and quantitative criteria used in the final selectionincludes firm profile, performance, tax efficiency, investment process andstyle, composite and customer service.
To be eligible for one of the Asset Managers and Strategist of the YearAwards, managers need $200 million in assets under management or moreand three years of experience. Also, the strategies they lead must be broadlyavailable on the Envestnet platform and open to new investors.
“In partnership with Investment Advisor, we are providing industryintelligence that empowers advisors to identify top-performing managers whose strategies can potentially bring their clients closer to achievingoverall financial wellness,” said Tim Clift, chief investment strategist ofEnvestnet | PMC.
“Giving advisors a clear idea of what to look for when evaluating activemanagers is key to helping them improve outcomes for their clients,”Clift explained.
Due to the coronavirus, this year’s winners are receiving their awardsas part of Envestnet’s Advisor Summit On-Demand. Envestnet also is honoring the winners of the fourth-annual Essential Advisor Awards at thisvirtual event.
Given to advisors who embody the values outlined in “The EssentialAdvisor” by Bill Crager and Jay Hummel, these 2020 awards are going to:Garret S. Wong of Ameriprise Financial in Anchorage, Alaska; Emmy Masteland Jeff Benson of Prudential Advisors in St. Louis Park, Minnesota; andMartin James of Martin James CPA, PC/Martin James Investment & TaxManagement in Mooresville, Indiana.