MEMPHIS, Tenn., October 17, 2019 – Century Wealth Management, a financial advisory firm providing family office and wealth management services, today announced it was selected as a Future 50 RIA by Citywire USA. The 50 firms represent a group of independent finance advisors who are collectively creating a new landscape of registered investment advisors.
“We are honored to be acknowledged as a leader within the investment community, ranking in the first ever Future 50,” said Jay Healy, president and founder of Century Wealth Management. “We set a high standard for how we serve our clients and operate our business, and it is a pleasure to be recognized as an up and coming industry leader.”
Firms were evaluated using a proprietary scoring system based on their degree of independent ownership; assets under management (AUM) growth; percentage of fee-based business; approaches to sustainability, including sustainability programs and diversity initiatives; processes in place for attracting and maintaining talent; succession planning; staff credentials; investment offerings and capabilities; client education and charitable work; and firm service offerings.
According to Citywire, the chosen RIAs are an example of what the advisory industry will look like in the near future. Firms will be more diverse, more sustainable and more forward-thinking. They will change the dynamic of the advisor-client relationship and promote company cultures that reflect the diversity of life experience of their clients.
For firms to qualify, they must be registered by the Securities and Exchange Commission as an RIA with between $250 million and $2 billion in AUM. Century Wealth Management currently manages over $300 million across approximately 60 family relationships.
Founded in 1999, Citywire employs around 240 people with offices around the world in London, New York, Munich, Milan and Singapore. The company publishes its own news, analysis and unique fund manager performance information to help professional investors – from financial advisers, wealth managers to fund selectors – make the best decisions about where to place their clients' money.
About Century Wealth Management
Century Wealth Management was founded in 2000 as a single-family office after the sale of a Memphis-based business. Over time, the firm grew into a multi-family office working with several high-net-worth families. Today, Century Wealth offers private client wealth management and family services. The firm is led by president and founder Jay Healy.
For more information about Century Wealth Management, please call (901) 850-5532 or visit us online at www.centurywealth.com.
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