Money Management Institute Announces Finalists for 2020 MMI/Barron’s Industry Awards

Tuesday, October 13, 2020

NEW YORK, NY, October 13, 2020 – The Money Management Institute (MMI) today announced the finalists for  the 2020 MMI/Barron’s Industry Awards, which recognize innovation and leadership in the investment advisory solutions industry. 

“We are pleased to once again partner with Barron’s to recognize the outstanding work being done across our  industry,” said Craig Pfeiffer, MMI President and CEO. “For twelve years, these awards have recognized firms that  deliver innovative investment advisory solutions and programs for financial advisors and investors. We look forward to  celebrating their exceptional achievements.” 

“During a time of so much uncertainty, we are pleased to present the 2020 MMI/Barron’s industry awards to firms that  have embraced the changes and new challenges this year has presented,” said Sterling Shea, Global Head of Wealth &  Asset Management at Dow Jones, the publisher of Barron's. “Congratulations to all the finalists for providing the  highest quality solutions to our industry.” 

Winners in the following twelve categories will be announced during the 2020 MMI Annual Conference on Thursday,  October 22 at a special 2020 MMI/Barron’s Industry Awards ceremony. 

Digital Innovation: Honoring a new technological innovation (or specific enhancement to an existing platform or tool) that enhances the investor or advisor experience with advisory solutions 
- Advisor Credit Exchange – Advisor Credit Exchange 
- Envestnet – Envestnet Connect 
- Morgan Stanley – Goals Planning System  

“Doing Good”: Honoring programs that support a deserving cause or give back to the communities we serve - Community Capital Management – COVID-19 Relief Initiative 
- John Hancock – John Hancock | MLK Scholars Program 
- MyVest – MyVest Summer of Giving 
- RFG Advisory – StrongHER Money 

Social Justice: Honoring exemplary commitment and progress in embracing and advocating social justice in the investment advisory solutions industry 
- Advisor Group – Women Forward Enhancements 
- Morgan Stanley Wealth Management – Institute of Inclusion 
- Raymond James – Diversity & Inclusion: Pledge to the Black Community

Sustainable & Impact Investing: Honoring programs that support awareness and adoption of sustainable and ESG Investing 
- Community Capital Management – Minority Community Advancement Racial Empowerment Strategy (Minority CARES) 
- Envestnet – Impact @ENV 
- Schroder Investment Management - SustainEx 

Distribution Excellence: Honoring firms that provide exemplary and innovative advisor sales support both in the field and from the home office 
- Bank of America Merrill Lynch – Investment Manager Model Portfolios 
- Clark Capital – Live from Philly: New Asset Growth Through a Crisis 
- Nuveen – Distribution Model Reorganization 
- Primerica – Advisor and Sponsor Sales Support 

Thought Leadership/Education: Honoring new programs, research, educational campaigns, or content that meaningfully advance industry knowledge and understanding of topics key to the future of advisory solutions - ARK Invest – Disruptive Innovation Research 
- Carillon Tower Advisers – Wealth in Transition: Retaining Multigenerational Assets 
- INVESCO – Invesco Global Consulting: “What Matters Most Right Now”  

Disruption: Honoring a groundbreaking new product, technology, or process that will fundamentally alter the future delivery of advisory solutions 
- Capital Group | American Funds – North American Distribution Intelligence Augmentation - Bank of America Merrill Lynch – Digital Wealth Overview 
- FLX Distribution – FLX Distribution 
- Proteus – Proteus Platform 

Wealth Manager Platform of the Year: Honoring a wealth manager platform that exemplifies innovation in delivering better outcomes for investors and financial advisors 
- Advisor Group – Advisor Group UMA 
- LPL Financial – Model Wealth Portfolios 
- Morgan Stanley Wealth Management – Advisory Platform Expansion Efforts 

Asset Manager of the Year (AUM of $10 billion or less): Honoring a smaller asset manager that exemplifies innovation in delivering better outcomes for investors and financial advisors 
- Calvert Impact Capital – Community Investment Note and Syndications Services 
- Community Capital Management – Community Capital Management 
- Just Invest – Tax-Aware Household Rebalancing 

Asset Manager of the Year (AUM between $10-$50 billion): Honoring a mid-size asset manager that exemplifies  innovation in delivering better outcomes for investors and financial advisors 
- ARK Invest – Disruptive Innovation Funds, Including ARK ETF Suite 
- Clark Capital – Helping Advisors Attract and Retain HNW Investors Through a Crisis 
- Russell Investments – Tax-Managed Investing & Helping Advisors

Asset Manager of the Year (AUM of more than $50 billion): honoring a larger asset manager that exemplifies  innovation in delivering better outcomes for investors and financial advisors 
- Columbia Threadneedle Investments – Client Focus 
- JP Morgan – JP Morgan Hedged Equity Fund 
- Putnam Investments – Client Acquisition using LinkedIn and the Ultra-Short FI Sales 
- T. Rowe Price – T. Rowe Price Active ETFs 

Solutions Provider of the Year: Honoring a solutions provider (technology or service provider) that exemplifies innovation in delivering better outcomes for investors and financial advisors 
- Envestnet – MoneyGuideElite 
- iCapital Network – Alternative Investing Industry Infrastructure 
- Refinitiv – Refinitiv Workspace for Wealth Advisors 
- Tegra118 – Tegra118 Wealth Platform 

Nominations for the 2020 MMI/Barron’s Industry Awards were submitted in an open nomination process, and finalists  were selected by a special review committee representing all segments of MMI’s membership. MMI member firms will  vote to determine the winners in each category. 

About Money Management Institute (MMI): Established in 1997, the Money Management Institute (MMI) is the  industry association representing financial services firms that provide financial advice and investment advisory  solutions to investors. Through conferences, educational resources, and thought leadership, MMI facilitates peer-to peer connections, fosters industry knowledge and professionalism, and supports the development of the next  generation of industry leadership. MMI member firms are dedicated to helping individual and institutional investors, at  every level of assets, plan for and fulfill their financial goals. For more information, visit 

About Barron’s: Barron’s ( is America’s premier financial magazine, known for its market-moving  stories. Published by Dow Jones since 1921, it reaches an influential audience of professional fund managers, financial  advisors, affluent individual investors, financial-services professionals and senior corporate executives. With new  content available every business day in digital form and every week in print, Barron’s provides readers with an  intelligible recap of recent market action coupled with insights on what’s likely to happen in the market in the days and  weeks to come. In addition, its annual series of exclusive conferences for financial advisors and investors is dedicated  to identifying, enhancing and expanding best practices in investing. As a result of these initiatives, Barron’s is the  trusted financial-publishing brand that people active in the market turn to for information, ideas and insights they can  use to increase their professional success and enhance their personal, financial well-being.

Kelly Caporale, Money Management Institute,, (646) 868-8514 
Paul Merchán, Peppercomm,, (212) 931-6172