Kayne Anderson Rudnick Ranked No. 1 in Barron's "Top 100 Independent Financial Advisors" List for the Second Consecutive Year

LOS ANGELES, Oct. 9, 2018 /PRNewswire/ -- Spuds Powell, Managing Director for Kayne Anderson Rudnick, has ranked No. 1 on Barron's nationwide "Top 100 Independent Financial Advisors for 2018" list, for the second year in a row. Powell and his team have been ranked among the top ten on Barron's "Top 100 Independent Financial Advisors" list for the last six years.

"Our Executive Committee congratulates Spuds Powell and his team for being recognized by Barron's six years in a row, ranking number one the last two," said Stephen A. Rigali, Kayne Anderson Rudnick Executive Managing Director and Member of the Executive Management Committee. "We are incredibly proud of the professionals who belong to our KAR community and follow our founder, John Anderson's mantra of "Do the Right Thing" while serving our clients."

The Barron's "Top 100 Independent Financial Advisors" ranking measures the growth of the team's practice and client retention including their experience, advanced degrees and industry designations, the size and shape of the team, their charitable and philanthropic work and their compliance records.

The list is also determined by a rigorous and objective vetting process, based on the volume of assets overseen by the fiduciary advisors, revenue generated for the firm and the quality of the advisor's practice including its investment philosophy, business practices and contributions to the community and profession. To view the full list, visit: https://www.barrons.com/articles/top-independent-financial-advisors-1536974606.

Kayne Anderson Rudnick's wealth management team also appeared on Barron's 2018 lists of the Top 1,200 Advisors by State; Forbes' 2018 lists of Top Wealth Advisors and Best-In-State Wealth Advisors; Financial Times' 2018 FT 300; and Institutional Investors' America's Top 300 Money Managers.

About Kayne Anderson Rudnick
Kayne Anderson Rudnick is an investment and wealth advisory firm founded in 1984 by John Anderson (a Forbes 400 billionaire and the benefactor of UCLA's Anderson School of Management). Based in Los Angeles, the firm has $27 billion in assets under management as of September 30, 2018. The company manages assets for corporations, endowments, foundations, public entities and high net worth individuals. With over 30 years of experience, the firm is known for its commitment to high quality in its business practices, investment strategies and wealth solutions.

SOURCE Kayne Anderson Rudnick