Peace of Mind

The Fastest-Growing-Fee-Only RIA’s award was issued on November 30, 2023. Harmony Asset Management did not directly or indirectly provide compensation for this award and is not affiliated with InvestmentNews. InvestmentNews selected the Fastest-Growing Fee-Only RIAs based on data reported to the Securities Exchange Commission on form ADV. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after July 1, 2022, (2) total AUM is at least $100M, (3) does not have employees who are registered representatives of a broker-dealer, (4) managed assets for individual clients during its most recently completed fiscal year, (5) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, and (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) not one who is an insurance company or agency. To be considered for the list of fastest-growing AUM, firms must have met the criteria in each year (ending July) between 2020 and 2023. In cases where a firm filed more than one annual update to their ADV, the latest filing for the year was used.