ROCHESTER, New York - Alesco Advisors LLC (Alesco), an independent and employee-owned...
Alesco Advisors LLC Ranked one of the Top 100 ETF Power Users by RIA Channel
ROCHESTER, New York - Alesco Advisors LLC (Alesco), an employee-owned, SEC-Registered Investment Advisor, was ranked #22 on the list of Top 100 ETF Power Users by RIA Channel for 2021. Founded in 2000, the Rochester-based firm now tallies more than $5 billion in assets under advisement (AUA) across approximately 500 institutional and high-net-worth clients.
RIA Database, the leading provider of advisor data for the financial services industry, identified and ranked RIA wealth management firms using the most exchange traded funds (ETFs). In order to be considered for this ranking, firms must provide comprehensive wealth management services, including family office services and wealth planning services.
Alesco Advisors’ clients’ 97 ETF holdings totaled $2.7 billion across 25 market segments, as of June 30th, 2021.
“ETFs are widely understood to be flexible, low-cost investment vehicles which provide portfolio diversification and meaningful tax benefits,” says Chris Mirrione, chief investment officer for Alesco Advisors. “The investment marketplace offers many options, and through Alesco’s rigorous research methodology, we find ETFs are often the best investment choices for the firm’s clients. We are thankful for this recognition and will continue in our efforts to construct portfolios that give our clients the highest likelihood of meeting their investment objectives.”
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