PHOENIX (MAY 21, 2013) – The Phoenix Business Journal recently published its annual Independent Investment Adviser ranking for the 2013 Book of Lists and ranked Miller/Russell & Associates as the No. 3 independent investment adviser by assets under management. The firm managed $1.71 billion in assets at the time the list was compiled, but has grown since that point and currently has $1.8 billion in assets under management.
Miller/Russell is a Phoenix-based registered investment adviser providing wealth management, investment management, and tax compliance and consulting services to high and ultra-high net worth individuals and families, corporate retirement plans, endowments, sovereign nations and foundations throughout the Western United States.
“In the financial services industry, third party validation that our firm is one of the leading independent investment advisors in the Phoenix area is not only important to our clients and to us, but it also represents an industry standard,” said Mark Feldman, CEO and managing partner of Miller/Russell. “Miller/Russell is the first on the list to exclusively serve institutions and private clients with no product affiliation. We pride ourselves on utilizing a team approach to servicing clients and assisting them in achieving their unique financial goals.”
In addition, Miller/Russell is the only investment advisory on the list that has earned the prestigious CEFEX certification, an independent assessment that recognizes that the firm adheres to the industry’s best fiduciary practices.
The firm has experienced consistent growth year-over-year, with the largest increase in assets under management occurring last year. The firm ended 2011 with $1.08 billion in assets under management and wrapped up 2012 with $1.5 billion in assets under management. Miller/Russell has attracted many of the top tier professionals in the industry, adding nine new members to their team since year-end 2012.
About Miller/Russell & Associates
Miller/Russell is one of the Southwest’s largest wealth management and registered investment advisory firms with offices in Arizona and Nevada. Headquartered in Phoenix since 1991, the firm employs 40 professionals and support staff. Miller/Russell provides investment, wealth management and tax compliance and consulting services to individuals and families, corporate retirement plans, endowments and foundations and sovereign nations throughout the Western United States.
Additional information about Miller/Russell can be found at www.miller-russell.com.
The Independent Investment Advisers List may not be representative of any one client’s experience because the ranking reflects a quantitative and/or qualitative analysis of factors that may or may not include a sample of the experience of MRA’s clients. The rating is not indicative of future performance. MRA did not pay a fee to participate.
According to Phoenix Business Journal: The Top Independent Investment Advisers list was ranked by assets under management locally.