An industry publication honored a local financial planning firm for its best practices.
InvestmentNews recognized Grand Rapids-based Rinvelt & David with a 2019 Best Practices award last fall at a ceremony in Chicago, the fourth time the firm received the award after participating in a national study.
“It is truly an honor to be recognized by InvestmentNews with this award again and to be ranked among some of the best firms in the country,” said Rob Rinvelt, senior member for Rinvelt & David.
“This award isn’t the result of any one person’s efforts but rather a reflection of the cumulative dedication and talents of every member of our team. Each and every one of them have made a commitment to excellence and have served our clients in a manner that exceeds industry standards.”
Rinvelt & David was one of 17 financial advisory firms honored out of 557 participating companies nationwide and the only one in Michigan to be recognized.
The award recognized companies for “their methodologies, client communication and education, human capital management and technology integration,” as well as their revenue and cost structure in 2019.
After an initial examination of rates of growth, profitability and productivity levels, finalists like Rinvelt & David that ranked in the top quartile of all participants also were interviewed by the InvestmentNews Best Practices Committee prior to being selected as winners.
The full list of winners is online.