Peter Bermont Named To The 2019 Financial Times 400 Top Financial Advisers

CORAL GABLES, Fla., April 18, 2019 /PRNewswire/ -- Peter Bermont, a Managing Director with Raymond James & Associates, Inc., member New York Stock Exchange/SIPC, was recently named to the Financial Times Top 400 Financial Advisors list. The list recognizes top financial advisers at national, independent, regional and bank broker-dealers from across the U.S. 

"Comprehensive wealth management encompasses far more than simply the managing of investments," Bermont said. "First and foremost, we work to do what's in the best interest of our clients."

This is the seventh annual FT 400 list, produced independently by the Financial Times in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on investment management.

Bermont, who manages over $1.9 billion in client assets, specializes in wealth management for high net worth individuals, companies, not-for-profit corporations and endowments.

The FT 400 was developed in collaboration with Ignites Research, a subsidiary of the FT that provides specialized content on asset management. To qualify for the list, advisers had to have 10 years of experience and at least $300 million in assets under management (AUM) and no more than 60% of the AUM with institutional clients. The FT reaches out to some of the largest brokerages in the U.S. and asks them to provide a list of advisors who meet the minimum criteria outlined above. These advisors are then invited to apply for the ranking. Only advisors who submit an online application can be considered for the ranking. In 2019, roughly 960 applications were received and 400 were selected to the final list (41.7%). The 400 qualified advisers were then scored on six attributes: AUM, AUM growth rate, compliance record, years of experience, industry certifications, and online accessibility. AUM is the top factor, accounting for roughly 60-70 percent of the applicant's score. Additionally, to provide a diversity of advisors, the FT placed a cap on the number of advisors from any one state that's roughly correlated to the distribution of millionaires across the U.S. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of advisor's future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. The FT is not affiliated with Raymond James.

About Raymond James & Associates
Raymond James Financial, Inc. RJF is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 7,800 financial advisors throughout the United States, Canada and overseas. Total client assets are $725 billion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com.

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SOURCE Raymond James & Associates, Inc.