FALLS CHURCH, Va., June 16, 2016 (GLOBE NEWSWIRE) -- Socially responsible registered investment adviser Azzad Asset Management announced today that it has been named one of the Financial Times's 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms across the U.S.
The firm said in a statement:
"Azzad Asset Management is honored to receive this distinction from the Financial Times, a globally recognized leader in financial data and information. The FT 300 has quickly become an essential resource for savvy investors in search of an unbiased listing of top registered investment advisers in the United States."
This is the third annual FT 300 list, produced independently by the Financial Times Ltd. in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on the investment management industry.
The average FT 300 firm has been in business for 22 years and manages $2.6 billion in assets. The 300 top RIAs hail from 34 states and Washington, D.C.
More than 1,500 pre-screened RIA firms were invited to apply for consideration, based on their assets under management (AUM). Applicants were then graded on six criteria: AUM, AUM growth rate, years in existence, advanced industry credentials of the firm's advisors, online accessibility, and compliance records. Neither the RIA firms nor their employees pay a fee to the Financial Times in exchange for inclusion in the FT 300.
The FT 300 full report is available for viewing at:
Azzad Asset Management, investment advisor to the Azzad Funds and sponsor of the Azzad Ethical Wrap Program, is committed to providing investment services designed to help people enjoy optimum performance without compromising their values. Azzad is a member of the Forum for Sustainable and Responsible Investment, the Interfaith Center on Corporate Responsibility, and the Accounting and Auditing Organization for Islamic Financial Institutions. The firm, based outside Washington, DC, is a registered investment adviser with the U.S. Securities and Exchange Commission.
About the Financial Times
The Financial Times, one of the world's leading business news organizations, is recognized internationally for its authority, integrity and accuracy. Providing essential news, comment, data and analysis for the global business community, FT has a combined paid print and digital circulation of 720,000. Mobile is an increasingly important channel for FT, driving almost half of total traffic. FT education products now serve two thirds of the world's top 50 business schools.
About Ignites Research
Ignites Research delivers original research and analysis on the retail mutual fund market from experienced analysts. With fresh content delivered straight to inboxes every week, its research covers the distribution and product topics that asset managers must understand to improve their business. Ignites Research is a sister site to the popular online newsletter Ignites, and is a subsidiary of the Financial Times.
FT 300 Disclosure
The 2016 Financial Times 300 Top Registered Investment Advisers is an independent listing produced by the Financial Times (June 2016). The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT's research. As identified by the FT, the listing reflected each practice's performance in six primary areas, including assets under management, asset growth, compliance record, years in existence, credentials and accessibility. Neither the RIA firms nor their employees pay a fee to the Financial Times in exchange for inclusion in the FT 300.
CONTACT: Azzad Investment Communications Director Joshua Brockwell 703-207-7005, ext. 109, email@example.com; Azzad Marketing Associate Amina Rubin, 703-207-7005, ext. 120, firstname.lastname@example.orgSource: Azzad Asset Management