MORRISTOWN, NJ (September 23, 2024) — Private Advisor Group, one of the largest and fastest-growing independent wealth management firms in the country*, was named a finalist in three categories for ThinkAdvisor’s 2024 Luminaries Awards. Now in its fourth year, ThinkAdvisor’s Luminaries Awards redefine excellence in financial services, shining a spotlight on outstanding contributions from both organizations and individuals.
Private Advisor Group was named a finalist for Excellence in Marketing/PR. The firm’s marketing team plays a pivotal role in supporting the growth of both the firm as a whole and of the individual, independent advisors. Through innovative marketing campaigns and engaging events, the team fosters a vibrant and connected advisor community.
Beyond the firm’s recognition, two Private Advisor Group affiliated advisors also secured finalist positions in the Luminaries Awards.
- William Hoffman, president of Hoffman Wealth Management: Finalist in the Luminaries with Heart category for his advocacy on behalf of those with neurofibromatosis (NF), a progressive genetic condition. His dedication to this cause has had a profound impact, both personally and within the broader community.
- Kyle Malavasi, partner and wealth management advisor at Main Street Wealth Management: Finalist in the Next-Gen Rising Star category. Kyle’s leadership and commitment to innovation exemplify the future of wealth management, consistently driving progress for his clients and firm.
“I’m truly honored that our team’s dedication and passion have been recognized by ThinkAdvisor. said Kelly Coulter, head of marketing for Private Advisor Group. “This award is a testament to the collective brilliance and innovation of our marketing team and the inspiring business partners we serve. Will and Kyle exemplify the very best of our profession, advocating for their communities and driving positive change.”
Private Advisor Group gained recognition as a 2023 Luminaries Awards finalist for Community Impact, Executive Leadership, and Financial Investment Innovation. The firm was also recently recognized by WealthManagement.com, with Frank Smith named a finalist in the Chief Executive Officer of The Year ($20Bn+ AUM) category, and Head of Marketing Kelly Coulter named a finalist in the Chief Marketing Officer of the Year category.
A panel of independent judges made up of distinguished industry professionals will determine the 2024 winners, who will be recognized during an awards event at the Fontainebleau Las Vegas on December 11-12, 2024.
Private Advisor Group extends a heartfelt congratulations to all the finalists. To view the full list of award finalists and learn more about the award program, visit ThinkAdvisor.
About Private Advisor Group
Founded in 1997 in Morristown, NJ, Private Advisor Group is one of the nation’s leading financial services firms. With over $31.5 billion in assets under management as of December 31, 2023, the firm leverages its resources to deliver strategies positioned to improve financial outcomes for individual investors and to inspire growth, fiduciary adherence, succession, and a client-centric approach for independent financial advisors’ practices. Barron’s has recognized Private Advisor Group as a top 10 registered investment advisory firm every year since 2019.
*Barron’s “Top 100 RIA Firms” is based on assets managed, technology spending, staff diversity, succession planning and other metrics. Investor experience and returns are not considered. Neither Private Advisor Group nor its financial advisors pay a fee to Barron’s in exchange for the ranking. Barron’s publishes these rankings annually, most recently in September 2023.
*ThinkAdvisor Luminaries is an annual award. Nominations are open to firms and individuals from across the financial services industry who demonstrate exemplary leadership, groundbreaking innovation, and outstanding community impact. Neither Private Advisor Group nor its financial advisors pay a fee in exchange for the ranking. The 2024 finalists were publicly announced on September 5, 2024.