The winners of the 15th annual Envestnet | PMC & Investment Advisor Asset Manager Awards were in the spotlight during the 2019 Envestnet Advisor Summit in Austin, Texas, held in early May.
"We extend our congratulations to Frontier [Asset Management] and the other winners who are truly raising the bar for managers in their respective categories," according to Tim Clift, chief investment strategist of Envestnet | PMC, Envestnet's Portfolio Management Consultants group.
This year's 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.