ST GEORGE — Soltis Investment Advisors, a fee-only SEC registered investment advisory firm in St. George, announced Tuesday that it has been named among the 2016 Financial Times “401 Top Retirement Plan Advisers” for the second consecutive year.
To be considered for the Financial Times list, a firm must manage at least $75 million in plan assets, which must represent at least 25 percent of the firm’s total assets under management or advisement.
“We are pleased to be included on the Financial Times list,” Kim Anderson, AIF®, the firm’s vice president of retirement plan services, said. “Since 2012, Soltis has doubled in size, and much of our growth has come from the increase in the number of plans we serve. We are dedicated to helping our plan clients meet their fiduciary responsibilities while providing their employees with tools and resources to meet their retirement goals. Our commitment to independence and fee transparency allows us to act in the best interest of our clients as we provide unbiased advice and recommendations.”
In addition to the minimum criteria, Soltis was evaluated on total plan AUM, growth in plan business, plan expertise and experience, participation rate, industry certifications and compliance record. The firm is also among the first investment advisers globally to successfully complete the independent certification process of the Centre for Fiduciary Excellence, or CEFEX. This certification independently analyzes the trustworthiness and best practice processes of investment fiduciaries.
In addition to serving as plan fiduciary under ERISA 3(21) and 3(38), Soltis also provides investment management, plan design, plan benchmarking and vendor searches, as well as participant education and communication, advice, financial wellness programs and executive financial planning.
About Soltis Investment Advisors, LLC
Soltis Investment Advisors, LLC is an SEC registered investment advisory firm based in St. George, Utah. With more than $1.7 billion in assets under management/assets under advisement, Soltis is one of the largest independently owned and operated wealth management firms in Utah.
Soltis provides comprehensive financial planning and investment management services to individuals and families. In addition, the firm offers investment advice and consultation services to retirement plan sponsors (primarily small to medium sized businesses that have experienced a significant level of success).
As a fee-only firm, all compensation comes directly from clients; no commissions or third-party compensation is ever accepted. The firm’s fiduciary status provides a legal framework within which clients enjoy professional financial advice and investment options driven by their best interests, goals and objectives.
Soltis has been recognized by the Financial Times (top RIA and top Plan Sponsor lists) and Barron’s (the only Utah investment advisory firm on the 2015 top independent advisors list). The firm, founded in 1993, is one of the few in Utah to have been recognized across multiple rankings in multiple years.
At Soltis, the mission is to create, build, and manage wealth so clients are free to pursue life’s most important endeavors. For more information, visit Soltis Investment Advisors online.
Email: [email protected]