Industry Excellence & Achievement Recognition
The annual MMI/Barron's Industry Awards recognize innovation and leadership in the investment advisory solutions industry. Now in their 16th year, the Awards celebrate outstanding achievement and honor firms that have raised the bar by delivering superior solutions for financial advisors and investors over the past year.
An impressive number of nominations were received this year which is indicative of all the great work being done in the advisory solutions space.
Winners will be determined by an online vote of designated contacts at each MMI member firm. This process ensures that all member firms are equally represented in the final voting process.
Congratulations to the finalists and all the firms that were nominated!
2024 Open Award Categories
DISRUPTION
This category honors a groundbreaking new product, service or process that will fundamentally alter the future delivery of advisory solutions.
Finalists:
BNY Mellon's Pershing X - Wove
Calamos Investments - Structured Protection ETFs
Franklin Templeton - Franklin Templeton Digital Assets
DISTRIBUTION EXCELLENCE
This category honors firms that provide exemplary and innovative advisor sales support both in the field and from the home office.
Finalists:
Blackstone - Global Business Intelligence Platform and Client Servicing
Halo Investing - Using Partnership to Help Clients Create New Revenue Streams
Morgan Stanley - Pressing Our Advantage: Field Engagement Initiative
UBS Advisory Sales & Consulting - Activate Your Assets with Analytics (AAA)
DOING GOOD
This category honors firm-wide initiatives that actively contribute to the betterment of our communities and address specific needs within them.
Finalists:
Franklin Templeton - DEI Symposium: Changing Faces of Wealth
Macquarie - Economic Mobility Initiative
Osaic - Launch of the Osaic Foundation
THOUGHT LEADERSHIP/EDUCATION
This category honors new programs, research, educational campaigns, or content that meaningfully advance industry knowledge and understanding of topics key to the future of advisory solutions.
Finalists:
Blue Owl Capital - Private Wealth Site, Private Markets Education Toolkit, and Private Markets Leadership Series
Franklin Templeton - Alternative Investment Content and Education
iCapital - Beyond 60/40
Russell Investments - Direct Indexing Education Product and Education
VALUES-BASED INVESTING
This category honors programs that support awareness and adoption of Values-Based Investing.
Finalists:
Domini Impact Investments - The Domini Funds: Harnessing the Power of Finance
Raymond James - Real Stories: Aligning Wealth and Values
YourStake - Values-Aligned Direct Indexing Solutions (VADIS)
2024 Wealth Managers (Sponsor Firms) Award Categories
DIGITAL INNOVATION - WEALTH MANAGER
This category honors a new technological innovation (or specific enhancement to an existing platform or tool) by a wealth management firm that enhances the investor or advisor experience with advisory solutions.
FInalists:
LPL Financial - ClientWorks Rebalancer
Bank of America Merrill Lynch - Merrill Digital Presence: A Robust Ecosystem for Client Acquisition
Wells Fargo Wealth and Investment Management - Lifesync
WEALTH MANAGER PLATFORM OF THE YEAR
This category honors a wealth manager platform that exemplifies innovation in delivering better outcomes for investors and financial advisors.
Finalists:
CapIntel - CapIntel Platform
Bank of America Merrill Lynch - CRM: Unlocking Business Value for Merrill Advisors
Morgan Stanley Wealth Management - Morgan Stanley Wealth Management (MSWM) Select UMA Platform
2024 Asset Managers Award Categories
ASSET MANAGER OF THE YEAR - AUM OF LESS THAN $25 BILLION
This category honors a smaller asset manager that exemplifies innovation in delivering better outcomes for investors and financial advisors.
Finalists:
BondBloxx Investment Management - BondBloxx ETF family expansion and innovation
North Square Investments, LLC - North Square Funds
StepStone Private Wealth - StepStone Private Infrastructure Fund (STRUCTURE)
ASSET MANAGER OF THE YEAR - AUM BETWEEN $25 BILLION - $100 BILLION
This category honors a mid-size asset manager that exemplifies innovation in delivering better outcomes for investors and financial advisors.
Finalists:
Amundi US - Pioneer CAT Bond Fund
Calamos Investments - Alternative Funds Expansion
Clark Capital Management Group - Employee-Owned, Independent Asset Manager Defies Industry Trends
ASSET MANAGER OF THE YEAR - AUM OF MORE THAN $100 BILLION
This category honors a larger asset manager that exemplifies innovation in delivering better outcomes for investors and financial advisors.
Finalists:
Blackstone - Blackstone Private Wealth Solutions
Blue Owl Capital- GP Stakes Fund VI and International expansion of Real Estate and Credit offerings
Federated Hermes - Federated Hermes Total Return Bond ETF (FTRB)
Fidelity Investments - Fidelity Investments grows and enhances ETF lineup
DIGITAL INNOVATION - ASSET MANAGER
This category honors a new technological innovation (or specific enhancement to an existing platform or tool) by an asset management firm that enhances the investor or advisor experience with advisory solutions.
Finalists:
Cohen & Steers - Cohen & Steers Real Assets Compass
Franklin Templeton (Subsidiary: O'Shaughnessy Asset Management) - Canvas
2024 Technology/Solution Provider Firms Award Categories
DIGITAL INNOVATION - TECHNOLOGY/SOLUTIONS PROVIDER
This category honors a new technological innovation (or specific enhancement to an existing platform or tool) by a solutions provider firm that enhances the investor or advisor experience with advisory solutions.
Finalists:
Adhesion Wealth Advisor Solutions - Adhesion Model Marketplace
Advisor 360° - Advisor Oversight
Brooklyn Investment Group - Industry-first multi-asset direct indexing platform for advisors
IMTC - IMTC Investment Management System
TECHNOLOGY/SOLUTIONS PROVIDER OF THE YEAR
This category honors a solutions provider firm (technology/service provider) that exemplifies innovation in delivering better outcomes for investors and financial advisors.
Finalists:
BNY Mellon's Pershing X - Wove
E78 Partners - E78 Partners
Nitrogen - Nitrogen
SMArtX Advisory Solutions - SMArtY
Key Dates and Selection Process
- April: Nominations Open: Be on the lookout for the launch of the nomination process on MMI’s website and through email communications
- June: Nominations Close
- July: Finalists Announced
- August: Voting on Finalists: Each MMI Member Firm has an opportunity to vote on the finalists
- October: Winners Announced at the MMI Annual Conference
Frequently Asked Questions
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