Wakefield Asset Management Named 2022 Envestnet and Investment Advisor Asset Manager of the Year

MEDIA & AWARDS

    Englewood, CO, May 17, 2022 – Wakefield Asset Management, LLLP, is pleased to announce the Wakefield Large Cap Equity Strategy received the award for Manager of the Year by Envestnet, Inc. (NYSE: ENV) and Investment Advisor magazine in the U.S. Equity Large Cap category. The Large Cap Portfolio is managed by G. Todd Gervasini, the Managing Partner and Chief Investment Officer for Wakefield Asset Management, LLLP. Wakefield also received the same Manager of the Year award in 2018, making them one of the few to have ever received the award twice.

    “It’s an honor to be recognized by Envestnet’s highly respected research team”, said G. Todd Gervasini, Founder and Managing Partner. “Receiving the Manager of the Year award means a great deal to our investment team and our entire staff.”

    The award, now in its 18th year, recognizes high-conviction portfolio managers that go above and beyond in setting a positive example for others in the industry to emulate – from outperforming the markets, to serving investors and everything in between. Envestnet | PMC developed a systematic, proprietary, and multi-factor methodology for selecting award winners, taking many qualitative and quantitative criteria into consideration. These criteria include investment process and style, composite, customer service, tax efficiency, performance, and firm profile. Eligible managers must be broadly available on the Envestnet platform and open to new investors—and must have at least three years of experience, and $200 million in assets under management.

    Wakefield Asset Management, LLLP is a bottom-up research driven firm offering a unique investment strategy that stands apart from the mainstream investment community. Focusing on proprietary investment techniques, Wakefield captures inefficiencies over time using a highly disciplined and technologically advanced process for research, security selection, implementation, and monitoring. Headquartered near Denver, Colorado, Wakefield is a 100% employee-owned SEC registered investment advisor managing separately managed accounts, primarily for high-net worth individuals, family offices, and institutions.

    Past performance is not indicative of future results. Investing involves multiple risks, including but not limited to the risk of the permanent loss of capital. Adviser makes no guarantees or promissory representations as to the performance of any investment. Composite returns are used in the PSN investment manager questionnaire. Actual results may differ from the composite results depending on the size of the account, investment objectives, restrictions, transaction and related costs, the inception and date of the account and other factors.

    Inclusion of any firm in the Asset Manager and Strategist of the Year Awards does not constitute a recommendation to make, hold or seek an investment in any fund. Nor does exclusion of any firm in the Asset Manager and Strategist of the Year Awards constitute a recommendation to make, hold or seek redemption in any fund. This recognition is not indicative to Wakefield Large Cap Equity’s future investment performance. Four award finalists were chosen out of the over 50 Large Cap Equity separate accounts currently covered by Envestnet | PMC. Wakefield did not pay to participate in the Asset Manager and Strategist of the Year Awards.

    The information, analysis and opinions expressed herein are for informational purposes only and do not necessarily reflect the views of Envestnet. These views reflect the judgment of the author as of the date of writing and are subject to change at any time without notice. Nothing contained in this piece is intended to constitute legal, tax, accounting, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type.

    WAKEFIELD ASSET MANAGEMENT

    7887 East Belleview Avenue Suite 800
    Englewood, CO 80111

    (303) 771-0630

    customerservice@wakefieldinc.com