WealthManagement.comthe leading resource for advisors and estate planners, announced the winners for 2024 WealthManagement.com Industry prices (“The Rich”) on Thursday night during a black-tie awards gala at the Ziegfeld Ballroom in New York City.
Now in its 10th year, WealthManagement.com The Industry Awards is the only awards program to honor outstanding achievements by companies, organizations and individuals that support the success of financial advisors. This year, 92 awards were given to 84 companies from a pool of 287 finalists.
See the list of winners
“A record number of nominations were submitted in 2024, with over 1,000 entries received this year from more than 400 companies—132 of which participated in the awards process for the first time,” said David Armstrong, director of editorial strategy and operations. , Wealth Management Group-Informa Connect. “The Industry Awards program has expanded significantly in scope in the 10 years since its inception, but the mission remains the same: to recognize and celebrate the outstanding initiatives undertaken by companies and individuals that contribute to the success of financial advisors in their businesses and to drive improved outcomes for their clients. This year's winners come from different types of firms, yet they all share one thing in common—they are the architects behind the programs, tools and platforms that empower financial advisors to grow their businesses, improve client service and to raise the financial prospects and quality of life for millions of investors.”
The winners were determined by a panel of independent judgeswhich included top names in the industry and was led by Armstrong.
The 2024 Awards event program kicked off with senior executives from the finalist companies participating in CEO and CTO panel sessions throughout the day, followed by technology roundtable discussions and networking. The evening's red carpet, cocktail reception and black-tie awards ceremony in the Ziegfeld Ballroom was attended by more than 500 industry leaders and team members from leading asset management firms, RIAs, B/D , custodians, technology providers and other industry-related companies. .
Several notable companies were recognized in multiple categories, including Apex Fintech Solutions, Cambridge Investment Research, Envestnet, Jump, MyVest, Nitrogen, Orion and Summit Wealth Systems. In the Technology Providers – Artificial Intelligence category, introduced for the first time in 2022, 21 nominations were submitted, showing how AI is expanding its influence to help adviser businesses succeed, with CogniCor Technologies taking the take home the trophy. Individual CEOs, CMOs, CTOs, Innovators, M&A Executives and Thought Leaders were also recognized.
A full list of Industry Awards 2024 finalists, winners and their initiatives can be found on a separate WealthManagement.com The Best of the Best Digital Edition.. Winners were selected based on quantitative measures of their initiatives – including scope, scale, adoption and feature set – along with qualitative measures such as innovation, creativity and new delivery methods.
The awards program was expanded in 2024 to recognize organizations pioneering innovation in Philanthropy platforms and RIA Client Initiatives. Once again, individual awards were honoured for young people in RIA firms.
During the evening's gala, Mark Tibergien, a longtime executive, consultant, prolific columnist, thought leader and author, received a lifetime achievement award in recognition of his wisdom, principles and guidance that have helped define of industry contours.
“We couldn't be more excited to honor Mark at our 10th anniversary celebration,” said Armstrong. “Mark has done more than almost anyone to define this industry and plot where it's going. Its influence on the way registered investment advisers think about what they do and how they do it extends to the very foundations of the business. No one is as articulate about the details and nuances of this corner of financial services.”