MORRISTOWN, N.J., April 18, 2024 /PRNewswire/ -- Private
Advisor Group, one of the largest and fastest-growing independent
wealth management firms in the country*, is pleased to announce
that Frank Smith has been
named as one of Charlotte Business Journal's Most Admired
CEOs for 2024.
The Most Admired CEO Award recognizes established local leaders
who have a strong vision for their companies, have shown commitment
to culture in the workplace and made significant contributions to
the Charlotte community. Smith's
dedication to both Private Advisor Group and the community has been
instrumental in earning this prestigious recognition.
Under Smith's leadership, Private Advisor Group has experienced
unprecedented growth, earning recognition as a Top-10 RIA Firm by
Barron's for five consecutive years. His strategic vision
has led to the early success of innovative initiatives like the
Alignment & Equity Program, showcasing the firm's commitment to
advisor success and industry leadership.
Smith's contributions emphasize Private Advisor Group's
commitment to community involvement. Noteworthy initiatives include
driving Private Advisor Group's support for the Invest in Others
Foundation, with the firm collectively contributing over
$75,000 to aid financial advisors in
maximizing their philanthropic impact nationwide. His philanthropic
endeavors with Private Advisor Group also extend to organizations
like The Covenant House, Good Grief, and Defend the Fatherless.
Locally, he is an active supporter of educational and athletic
programs at Lake Pointe Academy in York,
SC.
"Frank's leadership is a beacon of inspiration, steering us
through challenges with grace and resilience," said Adam Schorr, Chief Financial Officer at
Private Advisor Group. "His unwavering commitment to our team's
success fosters a culture of excellence – and taking our work
seriously, but not ourselves – making him truly deserving of
recognition as one of Charlotte's
Most Admired CEOs."
The award ceremony will take place on Thursday, June 13, at The Westin Charlotte, where
Smith and other esteemed CEOs will be honored for their outstanding
leadership.
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" ranking is based upon quantitative
and qualitative criteria including: regulatory records, client
retention reports, assets managed, revenue generated, technology
spending, number of clients, size and diversity of staff, placement
of a succession plan, and more. 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.
Media Inquiries:
Laura
Marvin
JConnelly
privateadvisorgroup@jconnelly.com
973 349 2959
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SOURCE Private Advisor Group