July, 2009 – DALLAS, TX. – Wealth Manager Magazine released its 9th Annual “Top Wealth Managers” List for 2009, with True North Advisors capturing the 150th 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 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 9th year of operations with a full-time team of 22 people and over $1 Billion in client assets under management.
