The winners were chosen from hundreds of best-in-breed performers in several asset classes, including alternatives. To be nominated as a finalist, the asset managers must have a management team with at least three years of experience leading a portfolio with $200 million or more in assets available to advisors on Envestnet's platform.
"The strategies and products from this year's award winners exemplify sound, forward-looking investment management, particularly in the volatile market we've seen, and they further demonstrate that active management shines," Clift explained.
The Asset Manager Award winners for 2019 (by category) are:
U.S. Large-Cap Equity
- Brown Advisory — Large Cap Growth
- Federated Investors — Strategic Value Dividend
U.S. Small- and Mid-Cap Equity
- Baird Investment Management — Mid Cap Growth
- Copeland Capital Management — Small Cap Dividend Growth
International/Global Equity
- WCM Investment Management — Focused Growth International ADR
Liquid Alternative
- Westchester Capital Management — Merger Fund
Taxable or Tax-Exempt Fixed Income
- Segall Bryant & Hamill — Short-Term Taxable Bond
Impact Investing
- Trillium Asset Management — All Cap Core Strategy
Fund Strategist Portfolio
- Frontier Asset Management — Fund Strategist Model
Manager of the Year
- Frontier Asset Management — Fund Strategist Model
In addition to recognizing the top asset managers, Envestnet also named the following three individuals as recipients of the firm's Essential Advisor Awards, which recognize professionals who embody values detailed in the book "The Essential Advisor," co-authored by Envestnet President Bill Crager:
- Christopher G. Frank of FTB Advisors;
- Traci Garnett-Froscheiser of Garnett Investment Strategies; and
- Matthew B. Schechner of Essential Advisory Services.
The firm also named its Invest in Others grant program recipients:
- Beau Bryant of Resolute Wealth Advisor supporting Findlay Hope House;
- Nadine Burns of A New Path Financial supporting Safe House Center; and
- Bryan Lester of Alpha Capital Management supporting Helping Hand Home for Children.
— More from the Envestnet conference:
Frontier Asset Management's Robert Miller (center) and Gary Miller receive the Strategist of the Year award from Investment Advisor Editor in Chief Janet Levaux on May 1 at the Envestnet Advisor Summit in Austin, Texas. (Photo: Ginger Szala/ALM) 
