BrightScope, which is getting into the business of helping consumers find RIAs, today announced its ranking of the 25 Registered Investment Advisors in the Philadelphia area that are serving individuals and have the greatest amount of assets under management.
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BrightScope, which has gained recognition by rating 401(k) plans based on publicly available data, has created a product called Advisor Pages aggregating public information about advisors.
"Our goal in creating BrightScope Advisor Pages is to significantly increase transparency in the broader wealth management industry by displaying publicly available data on financial advisors in a consumer-friendly manner," said Shaloha Aires of BrightScope in a press release.
The largest 25 RIAs in Philadelphia ranked by AUM, according to BrightScope, are shown below.