STANDARD PRESS RELEASE
CONTACT INFORMATION:
Greenspring Advisors
Erin McCabe
443-564-4600 | erin.mccabe@greenspringadvisors.com
RELEASE DATE:
August 4th, 2023
FOR IMMEDIATE RELEASE
Greenspring Advisors Listed in Financial Advisor (FA) Magazine’s 2023 RIA Ranking
Towson, MD – August 4th, 2023 – Greenspring Advisors is proud to announce that they have been ranked 80th in FA Magazine’s RIA Ranking for 2023.
Greenspring Advisors ranked 80th in FA Magazine’s RIA Ranking for 2023, up from 86th in 2022. They are ranked 2nd in Maryland, 4th in New Jersey, and 5th in Pennsylvania, where the firm has its offices. Out of 521 RIA firms ranked, Greenspring Advisors fell into the asset category of over $1 Billion, which accounted for just over 300 firms. Greenspring Advisors had $6 billion in assets under management at the end of 2022, with an average assets per client being around $5.28 million. Greenspring Advisors saw an increase in the number of clients by 83.68% from 2021 to 2022 and continues to see growth within its firm.
“Watching Greenspring continue to grow has been an incredibly rewarding process” said Pat Collins, Partner & CEO of Greenspring Advisors. “We are proud of our clients and the trust that they have in us. We have continued to instill in our clients that during turbulent times, they should stay the course and stick to their investment plans. Our team has put in a lot of hard work so this ranking is exciting news, and we look forward to what the future holds for us”.
In the 2023 ranking, FA Magazine ranked a total of 521 RIA firms based on their assets under management (AUM) for the year-end of 2022. This list is created annually and utilizes a survey of the firms for consideration. To be eligible, firms must be independent RIAs who file their own ADV with the SEC and provide financial planning/related services to individual clients. Firms are ranked from largest to smallest based on AUM.
See the list here.
Established in 2004, Greenspring Advisors was built on the fiduciary principle that the client comes first. Greenspring is an independent, fee-only firm that specializes in holistic, progressive, and unbiased investment advisory services to retirement plan fiduciaries, foundations, and endowments; and comprehensive wealth management services including financial planning for private investors. The firm has offices in MD, NJ, and PA.
Financial Advisor Magazine's RIA Survey Listing was created on 7/14/2023, based on the year prior. This was awarded by Financial Advisor Magazine and Greenspring Advisors did not pay for consideration.
