Best ETF Advisor: Oakeson Steiner Wealth & Retirement
Awarded to an individual financial advisor or advisor team that is using ETFs to deliver high-quality portfolios to clients in an innovative way. This year’s winner is Oakeson Steiner Wealth & Retirement.
The firm, headquartered in Hastings, Nebraska, has been increasingly using ETFs to manage some $650 million in assets. Known for its one-on-one focus on clients, Oakeson Steiner has found that combining ETFs with customized tactical overlays is a winning recipe for lowering costs and delivering results.
· Chudom Hayes Wealth Management – Morgan Stanley, Oak Brook, IL
· Efficient Market Advisors
· Miracle Mile Advisors
· Nottingham Advisors
Best Institutional ETF User: Employees Retirement System of Texas
Awarded to an institutional investor that is using ETFs to deliver high-quality portfolios in an innovative way. This year’s winner is the Employees Retirement System of Texas.
ERST has been a vocal and significant adopter of ETFs, particularly fixed-income ETFs. The firm showed how the liquidity that ETFs offer allowed it to efficiently migrate capital to adjust for a changing fixed-income environment.
· Arizona State Retirement System
· Lazard Asset Management
· State of New Jersey Common Pension Fund
Best New ETF Ticker: CRAK
Awarded to the ETF with the best new ETF ticker. The ETF must have launched in 2015 to qualify.
The winner is CRAK—the Market Vectors Oil Refiners ETF. It’s a clever moniker that clearly explains what the exposure is all about.
· BITE: The Restaurant ETF
· IPAY: PureFunds ISE Mobile Payments ETF
· JETS: U.S. Global Jets ETF
ETF.com Award winners were selected in a three-part process designed to leverage the insights and opinions of leaders throughout the ETF industry.
The awards process began with an open nominations process, which started Dec. 1 and closed Dec. 31. Interested parties were invited to submit nominations. Self-nominations were accepted.
Following the open nominations process, the ETF.com Awards Nominating Committee—made up of senior leaders at ETF.com and senior members of the FactSet ETF team (whose data powers the ETF.com website)—voted to select up to five finalists in each category. Votes were cast on a majority basis, and ties broken, where possible, with head-to-head runoff votes. If ties could not be broken, more than five finalists were allowed. The nomination voting was completed on Jan. 11, 2016.
Members of the 2015 ETF.com Awards Nominating Committee:
Matt Hougan, CEO, ETF.com (Chair)
Paul Britt, Senior Analyst, FactSet
Dave Nadig, Director, ETFs, FactSet
Drew Voros, Editor-in-Chief, ETF.com
Winners among these finalists were selected by a majority vote of the ETF.com Awards Selection Committee, a group of independent ETF experts from throughout the ETF community. Committee members recused themselves from voting in any category in which they or their firms appeared as finalists. Ties were decided, where possible, with head-to-head runoff votes.
ETF.com Awards Selection Committee Members:
Kim Arthur, Founding Partner, Main Management
Benjamin Blaisdell, Managing Director & Investment Solutions Executive, US Trust
Rob Glownia, Fixed Income Analyst, RiverFront Investment Group
Phil Mackintosh, Managing Director, KCG
Tyler Mordy, President & Chief Investment Officer, Forstrong Global Asset Management
Jason Nicastro, Senior Research Analyst, LPL Financial
Jim Wiandt, Founder, ETF.com
Voting was completed by Jan. 18, and the results were kept secret until tonight's ETF.com Awards Dinner.
Contact Cinthia Murphy at [email protected].