InvestmentNews names the financial advice industry's 2016 “Best Practices”

New York, N.Y. – InvestmentNews today named the winners of the 2016 Best Practices Awards, an important initiative that recognizes the top-performing and most innovative firms in the financial advice industry. The 12 winners of the InvestmentNews Best Practices Awards were identified through their participation in the 2016 Financial Performance Study of Advisory Firms, and recognized today at The Best Practices Award and Workshop, hosted at the New York Athletic Club. "The Best Practices winners truly think about their practices and businesses as CEOs and not just as advisers," said Mark Bruno, associate publisher at InvestmentNews and head of InvestmentNews Research. "All of these firms are run by people with a long-term vision for their organization — and an ongoing commitment to improving and enhancing their businesses Their accomplishments and stories will help educate, inform and influence the growth of this industry.” To identify the 2016 Best Practices Award winners, InvestmentNews Research created composite scores that examined the rate of growth, profitability and productivity levels for all of the participants in the 2016 InvestmentNews Financial Performance Study. The “Best Practices” were those who ranked among the top-quartile of all participants; in addition, the final firms were selected after qualitative interviews conducted by the InvestmentNews Best Practices Committee. The 2016 Best Practices Award Winners are: Balentine LLC Berman Mcaleer LLC Botsford Financial Group Capital Advisors, Ltd. Financial Development Systems, LLC HTG Investment Advisors Inc. LBMC Investment Advisors Rinvelt & David, LLC Sage Financial Group Singer Xenos Wealth Management Tolleson Wealth Management WMS Partners, LLC About InvestmentNews Since 1998, InvestmentNews has been delivering news, analysis and research essential to the business of financial advisers. Readers have come to rely on InvestmentNews for up-to-date information on the stories and events affecting their clients' investments, their industry and their practices, making it the number one source of news and information to the financial adviser community. The InvestmentNews main office is located in New York, with bureaus in Boston, Irvine, Chicago, San Francisco and Washington, DC.