True North Advisors » awards

Financial Advisor Magazine ranks True North 87th of 454 Advisory Firms

admin — Tue, 05 Jul 2011 21:29:53 +0000

July, 2011 - DALLAS, TX. – True North Advisors ranks among the largest advisors in the nation according to Financial Advisor Magazine’s annual ranking. Ninety-one firms across the USA are reported with greater than $1 Billion in Assets Under Management. True North is ranked #79. The rankings are based on both discretionary and non-discretionary assets under management as reported on the firm’s Form ADV.

Wood and Gehlbach named among “Best Wealth Managers” in Dallas 2010

admin — Mon, 04 Jul 2011 21:40:01 +0000

September 22, 2010 – DALLAS, TX. – Both Scott Wood and Mark Gehlbach, the co-founders of True North Advisors, were selected for D Magazine’s “Best Wealth Managers and Financial Planners in Dallas 2010″. Advisors were nominated by submission to D Magazine, who evaluated each advisor on a number of criteria. “These are the top financial services professionals in the city” states D Magazine in their October 2010 edition.

Each nominee had to have a minimum of five years financial services experience, practiced a minimum of three years with the same firm, and have at least $60MM in assets under management. D Magazine further checked with FINRA and the SEC to ensure that nominees had acceptable compliance records. Investment performance was not a criterion and none of the firms paid to have their wealth managers on the list.

Barron’s names True North among the Top 100 Independent Advisors

admin — Tue, 12 Jan 2010 02:36:42 +0000

August 31, 2009 - DALLAS, TX. – For the first time, True North Advisors was named by Barron’s on their “Top 100 Independent Financial Advisors 2009” list, published on August 31, 2009.

The ranking is based on a composite score from factors of assets under management, revenues generated for the firm, and quality of the advisors’ practices. Less weight was given to assets and revenues from institutional clients. This was True North’s first year to make the list, scoring 82.5 points compared to the top score of 100. Advisors who made the list are based all across the United States. True North was among a group of only 5 advisors that made the list, two others based in Dallas, and two others based in Houston.

“I am just excited to have True North included on this Top 100 List,” says Scott Wood, Founder of True North. “We have had our heads down, taking care of clients for the last 10 years…it’s good to see that the strong foundation we’ve laid is starting to get noticed.”

True North Advisors is an independent wealth management firm serving high net worth clients and institutions, differentiating itself with its objective, disciplined system to carefully steward client assets. Based in Dallas, Texas, True North is in its 9^th year of operations with a full-time team of 22 people and over $1 Billion in client assets under management.

Wealth Manager Magazine ranks True North 150th in top 500

admin — Mon, 11 Jan 2010 02:38:50 +0000

July, 2009 – DALLAS, TX. – Wealth Manager Magazine released its 9^th Annual “Top Wealth Managers” List for 2009, with True North Advisors capturing the 150^th position among 407 firms that made the list. Rankings were done based on average AUM per client.

Analysis of wealth managers was done Wealth Manager’s practice management columnist Philip Palaveev, who is president of Fusion Advisor Network in Elmsford, N.Y., and a former Moss Adams principal. His deep knowledge of practice management for RIAs is legendary, and his full report on the survey and rankings can be found at wealthmanagerweb.com.

“We have emphasized with our clients that by having a view of their entire financial picture, we can provide better advice,” says Mark Gehlbach, Principal and Co-Founder at True North. “That, plus our focus now on clients with>$1MM in investible assets, has helped us increase our average AUM for our 500+ clients.”

True North Advisors ranked #17 in DBJ Book of Lists

admin — Sun, 10 Jan 2010 02:40:21 +0000

May 15, 2009 – DALLAS, TX. – True North Advisors was ranked 17^th out of 25 Financial Asset Management Firms by the Dallas Business Journal’s annual publication, the “Book of Lists 2010.” Researchers Jerry Gunter and Helen Roth screened firms by the value of the assets under local management as of December 31, 2008. Citing about $860 million in assets under management, True North Advisors was recognized as one of the largest firms in its category in the Dallas-Ft. Worth metroplex area.

The list included a broad range of different types of financial advisors: large banks’ advisory units, large brokerage firms, money managers, and independent advisory firms. “Although we are honored to be included on the Book of Lists for asset management firms, “ says Scott Wood, Founder of True North Advisors, “it’s important for clients to know that we are very different than most of the other firms on the list. We are a truly independent wealth management firm, free from any conflicts-of-interest that plague the traditional bank and brokerage firms.”

True North Advisors named in “Top 50 Fast Movers” by Investment News

admin — Sat, 09 Jan 2010 02:44:21 +0000

November 20, 2008 - DALLAS, TX. – True North Advisors was named in the Top 50 fee-only registered investment advisors “Fast Movers” list, based on growth in discretionary assets under management. This is an annual list determined by Investment News. True North was included due to its rapid growth from 2006-2008. True North was #37 on the Top 50 list.

The criteria to be considered for the were: 1) A majority of their business must come from serving retail clients; 2) the firm must provide financial planning, portfolio management and or do due diligence on money managers; 3) the firm must not be a broker/dealer, bank or insurance entity; 4) the firm must not earn any commissions or have registered broker/dealer representatives at the firm; and 5) the largest portion of their investments should not be invested in proprietary products.

True North Advisors is an independent wealth management firm serving high net worth clients and institutions, differentiating itself with its objective, disciplined system to carefully steward client assets. Based in Dallas, Texas, True North is in its 8^th year of operations with a full-time team of 22 people and over $1 Billion in client assets under management.