It’s great to read that 6 Meridian was ranked so highly in the recent industry survey by the Wichita Business Journal! It’s a testament to the hard work and dedication of the team. Josh Witt of the WBJ, reached out to Andrew Mies, CIO, and Margaret Dechant, CEO, to discuss current market conditions.
Andrew addressed recent market declines and the impact of rising interest rates. Market declines can be concerning for investors, but it’s important to remember that they are a natural part of the market cycle. By staying focused on long-term goals and having a well-diversified portfolio, investors can weather market downturns.
“What made it uniquely bad was the fact that it didn’t matter which asset class, generally speaking, you owned — they all were down,” said Andrew Mies, chief investment officer and co-founder at Wichita’s 6 Meridian.
Witt, Josh. List analysis: ICT investment, securities firms stay proactive coming off Wall Street’s tough 2022. (April 10, 2023) Wichita Business Journal, https://www.bizjournals.com/wichita/news/2023/04/07
Continue reading the news article and view the rankings at bizjournals.com/wichita.
Hightower Advisors, LLC is an SEC-registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. Securities are offered through Hightower Securities, LLC, Member FINRA/SIPC. This recognition by the Wichita Business Journal was awarded in April 2023.
The Wichita Business Journal ranks the wealth management lists (Securities Brokerages and RIAs) by number of licensed advisors. #63 on the securities brokerage side, #65 or 66 on the RIA side. Below are the various award methodologies:
Registered Investment Advisors list is a new list as of 2022. This list was made to distinguish the differences between financial advisors identifying as “broker/dealers” and those following “fiduciary” standards. This list contains those identifying as fiduciary advisors. “Fiduciary” is a term indicating the advisor puts the investing party’s best interests ahead of their own. The Wichita Business Journal uses licensing to determine which list best suits each financial advising firm. For the Registered Investment Advisor (RIA) list, we used series 65 licensing. This is the most common license held by fiduciary-based advisors.
Information was obtained from firm representatives. Information on The List was supplied by individual companies through questionnaires and could not be independently verified by the Wichita Business Journal. Only those that responded to our inquiries were listed. In case of ties, companies are ranked by number of series 65 licensed advisors, then alphabetically.
Wichita-area securities brokerages. Information was obtained from firm representatives. through questionnaires and could not be independently verified by the Wichita Business Journal. Only those that responded to our inquiries were listed. In case of ties, companies are listed by highest total local employment.
The Wichita area includes Sedgwick, Butler, Harvey, and Sumner counties.
According to the state of Kansas’ insurance and securities website, a broker/dealer (or registered representative) in Kansas must obtain a passing score in either the Series 63 or series 66. Registered representatives and broker/dealers are governed by suitability standards and tend to be transaction-based.
No compensation has been provided to obtain this recognition. More information may be found at bizjournals.com/Wichita/.