Budros, Ruhlin & Roe, Inc. Named to 2018 Financial Times 300 Top Registered Investment Advisors for the Fifth Consecutive Year

Columbus, Ohio-based Budros, Ruhlin & Roe, Inc, one of the nation’s leading independent wealth management firms with over $2.6 billion in assets under management and advisement, has been named one of the Financial Times 300 Top Registered Investment Advisors as of June 28, 2018. The list recognizes top independent RIA firms from across the U.S. This is the fifth consecutive year that Budros, Ruhlin & Roe has been named to the list.

“We are very honored,” said Peggy Ruhlin, Chief Executive Officer of Budros, Ruhlin & Roe, Inc. “This is the fifth consecutive year we’ve been named to Financial Times list. This speaks volumes about the expertise of our wealth managers, the strength of our firm and our commitment to provide clients with an exceptional experience and personalized approach to managing their wealth and investments.”

The list is produced independently by the Financial Times (FT) in collaboration with Ignites Research, a subsidy of the FT that provides business intelligence on the investment management industry. They invited 1,500 pre-screened RIA firms to apply for consideration. Applicants that applied were graded on six criteria which included: assets under management (AUM); AUM growth rate; years in existence; advance industry credentials of the advisors; online accessibility; and compliance records. These qualifiers signal experience managing money, technical expertise and client trust.

The “average” FT 300 firm has been existence for 22 years and manages $4 billion in assets. The 300 top RIAs hail from 37 states and Washington D.C. The list also caps the number of firms in each state that make the list. Budros, Ruhlin & Roe is one of 13 firms from the state of Ohio.

“For the last 40 years, our team has worked to form a strong foundation that provides clarity and peace of mind for the families and institutions we serve,” added Ruhlin.

Budros, Ruhlin & Roe board members will be honored along with others who made the list on Thursday, June 28 in New York City.

FT 300 Disclosure
The Financial Times 300 Top Registered Investment Advisers is an independent listing produced annually by the Financial Times (June 2018). The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT’s research. The listing reflected each practice’s performance in six primary areas: assets under management, asset growth, compliance record, years in existence, credentials and online accessibility. This award does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300.

Please Note: Limitations: Neither rankings and/or recognition by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any designation or certification, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Budros, Ruhlin & Roe, Inc. is engaged, or continues to be engaged, to provide investment advisory services. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser. Rankings are generally limited to participating advisers. Unless expressly indicated to the contrary, Budros, Ruhlin & Roe, Inc. did not pay a fee to be included on any such ranking or to receive any such recognition. No ranking or recognition should be construed as a current or past endorsement of Budros, Ruhlin & Roe, Inc. by any of its clients. ANY QUESTIONS: Budros, Ruhlin & Roe, Inc.’s Chief Compliance Officer remains available to address any questions regarding rankings and/or recognitions, including providing the criteria used for any reflected ranking.

Budros, Ruhlin & Roe has been nominated to Columbus CEO’s Best of Business List!

Budros, Ruhlin & Roe has been nominated for Columbus CEO magazine’s 2018 Best of Business List in the category of Private Wealth Management Company! This is the eleventh year that Columbus CEO has published the Best of Business list.

The initial list of participating companies is produced by the Columbus CEO Magazine’s editorial team. The winners are selected through an online voting process by Columbus CEO readers. Online voting begins June 11th and will run through July 27th.  Readers can cast their ballots by visiting Columbus CEO’s website.  (BRR is listed under the Financial button, then Private Wealth Management Company.)

We are thrilled to have been nominated to the Best of Business List again. The nomination reflects our dedication to provide our clients with the best-in-class service.  The list highlights the great organizations that make up the Columbus business community. We’ve been number 2 on the list for the last couple of years and hope this year we’ll be number one!

Disclosure

Budros Ruhlin & Roe and Columbus CEO Magazine are unaffiliated entities. No compensation or fees were exchanged for the participation in the Columbus CEO Magazine’s Best in Business list. Participating companies are selected by the editorial staff at Columbus CEO Magazine. Winners are selected through an online voting process.

Please Note: Limitations: Neither rankings and/or recognition by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any designation or certification, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Budros, Ruhlin & Roe, Inc. is engaged, or continues to be engaged, to provide investment advisory services. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser. Rankings are generally limited to participating advisers. Unless expressly indicated to the contrary, Budros, Ruhlin & Roe, Inc. did not pay a fee to be included on any such ranking or to receive any such recognition. No ranking or recognition should be construed as a current or past endorsement of Budros, Ruhlin & Roe, Inc. by any of its clients. ANY QUESTIONS: Budros, Ruhlin & Roe, Inc.’s Chief Compliance Officer remains available to address any questions regarding rankings and/or recognitions, including providing the criteria used for any reflected ranking.

Fact or Fiction: 401(k) plans don’t have any fees?

Do you know exactly how much you are paying in fees for your 401(k)? According to a recent Forbes.com article, 27% of Americans who participate in a 401(k) think they know how much they are paying in fees and 37% mistakenly think they are paying no fees!

The reality is all 401(k) plans have fees. There are three major categories of fees on typical 401(k)plans—investment fees, participant fees and administration fees. How do you find this information and what can you do about the fees? By law, the administrator of your 401(k) is required to send you quarterly statements with fees and expenses clearly disclosed. These documents may be sent electronically and easily overlooked, however with some digging, you can find them.

Investment Fees

If you have money in a 401(k), you are paying investment fees. These fees cover the management of the investments in your plan and are usually the largest portion of the overall fees you pay. For example, if you choose a mutual fund with a 1 % expense ratio, you would be paying annual fees of approximately $180 if your account balance was $18,000.  We are not advocating picking funds based exclusively on fees, but you should be aware of the costs of each investment option.

Administrative and Participation Fees

It is estimated that 95% of plan participants pay participant fees. Sometimes these are listed as “administrative” fees. These fees cover the plan’s costs such as record keeping, accounting and legal fees. In some cases, these fees can be tied to how much you have invested in the plan, or can be a flat fee.

Expenses are just one factor of the operation of your retirement plan. Fees will vary from plan to plan, but this is something that you should look at each year. If you have concerns regarding the fees you are being assessed, speak to your plan administrator.

 

Learn more about how Budros, Ruhlin & Roe’s Retirement Plan Services team could help your employer manage the fees that are assessed for your 401(k).