Industry Leaders Theder & Malamed To Help Select Winners Of Hybrid RIA / Independent FA Group Of The Year Award From WSR
The newly-launched WSR awards program recognizes the firms and individuals delivering impactful strategies with transformative potential for the broader wealth management space. Each quarter will spotlight a specific category, with the first quarter focused on the Hybrid RIA / Independent Financial Advisor Group of the Year award.
Earlier this week, Wealth Solutions Report named Susan Theder, Chief Marketing & Experience Officer of FMG Suite, the leading provider of digital marketing solutions for independent financial advisors, and Adam Malamed, CEO of Ajax Investment Partners, the merchant bank and venture fund, as judges for this award category.
Previously, Theder served as Chief Marketing Officer at Advisor Group, and prior to that, Chief Marketing Officer of Cetera Financial Group, two of the largest networks of independent wealth management firms in the country.
Malamed was previously Chief Operating Officer of Ladenburg Thalmann, a New York Stock Exchange-traded network of independent wealth management firms with over 4,500 financial advisors.
A veteran dealmaker, Malamed reportedly played a pivotal role in facilitating the sale of Ladenburg Thalmann in a transaction valued at roughly $1.4 billion to Advisor Group. The acquisition was announced in late 2019 and completed in early 2020.
In a press release announcing this move, Larry Roth, CEO of Wealth Solutions Report, said, “I’m thrilled to welcome Susan Theder and Adam Malamed, two widely known and highly respected wealth management industry leaders, as judges in our inaugural Growth & Innovation Awards.”
“Over the decades, Susan and Adam have worked with many hundreds of independent hybrid RIA and other financial advisor groups, getting to know some of the most successful and innovative firms in this unique segment of our industry. I cannot think of better judges for this award, and I look forward to collaborating with them in the coming weeks and months in the selection process.”
Further details on the Hybrid RIA / Independent FA Group of the Year as follows:
- The award is open to independent FA groups – either with or without their own hybrid RIA entities – that recruit, retain and help grow the businesses of independent financial advisors who are conducting both brokerage and fee-based advisory business.
- To be considered for this award category, firms must have at least $1 billion in total assets (any combination of advisory, brokerage and insurance assets are acceptable).
- The awards are open now, firms can nominate themselves, and all submissions are due by no later than March 15, 2022.
- Two winners and three honorable mentions will be announced the week of April 11. More information on the award submissions process can be found here.
Michael Madden, Contributing Editor & Research Analyst, can be reached at email@example.com