Program managers: Categorically the best

Published
  • May 03 2017, 11:26am EDT
For our signature rankings, we use use more than one statistic. With this year's program managers, we used four: the number of advisers they oversee, team assets under management, percentage growth in team production, and production per adviser.

Here we show the program managers who topped the list in each of those individual categories. We also added two more metrics here that we didn't use in the overall ranking (percentage growth in team assets, and tenure in the wealth management industry.)

Multiple metrics: Best by category

For our signature rankings, we use use more than one statistic. With this year's program managers, we used four: the number of advisers they oversee, team assets under management, percentage growth in team production, and production per adviser.

Here we show the program managers who topped the list in each of those individual categories. We also added two more metrics here that we didn't use in the overall ranking (percentage growth in team assets, and tenure in the wealth management industry.)

All content from this year's Top Program Managers:
Top 25 program managers
Program managers: Categorically the best
Voices Is the branch-based adviser model dead?
Program managers bridging gap in new world
Program managers across the country give their insights and advice

Highest production per adviser: Karen Benedict

Karen Benedict
Institution: Northwest Federal Credit Union
Location: Herndon, Virginia
TPM: LPL Financial
Number of FAs on team: 10
2016 Total team AUM: $1.1 billion
2015 Total team AUM: $1.1 billion
2016 Team production: $10 million
2015 Team production: $9.9 million
Production per adviser: $1 million
Is the nominee a producing manager? No
Number of years in current job: 3
Number of years in wealth management: 10

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Percentage increase in team production: Chris Nardone

Chris Nardone
Institution: United Bank
Location: Glastonbury, Connecticut
TPM: Infinex
Number of FAs on team: 10
2016 Total team AUM: $342 million
2015 Total team AUM: $181 million
2016 Team production: $4 million
2015 Team production: $2 million
Production per adviser: $530,000
Is the nominee a producing manager? No
Number of years in current job: 2
Number of years in wealth management: 14

Team AUM: Ken Ellspermann

Ken Ellspermann
Institution: Old National Bank
Location: Evansville, Indiana
TPM: LPL Financial
Number of FAs on team: 55
2016 Total team AUM: $3.2 billion
2015 Total team AUM: $2.4 billion
2016 Team production: $20 million
2015 Team production: $22.6 million
Production per adviser: $402,000
Is the nominee a producing manager? No
Number of years in current job: 16
Number of years in wealth management: 30

Number of FAs on team: Craig Snyder

22. Craig Snyder
Institution: America Group
Location: Southfield, Michigan
TPM: LPL Financial
Number of FAs on team: 71
2016 Total team AUM: $2.1 billion
2015 Total team AUM: $2.1 billion
2016 Team production: $16.8 million
2015 Team production: $17.1 million
Production per adviser: $242,000
Is the nominee a producing manager? No
Number of years in current job: 20
Number of years in wealth management: 35

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Team production: Scott Jenner

This metric was not used in determining the official ranking, although Jenner was our overall top program manager.

Scott Jenner
Institution: First Tech Federal Credit Union (Addison Avenue Investment Services)
Location: Rocklin, California
TPM: Raymond James
Number of FAs on team: 28
2016 Total team AUM: $3.2 billion
2015 Total team AUM: $2.9 billion
2016 Team production: $21 million
2015 Team production: $20.5 million
Production per adviser: $723,000
Is the nominee a producing manager? No
Number of years in current job: 11
Number of years in wealth management: 34

Tenure in wealth management industry: Craig Snyder

This metric was not used in determining the overall ranking.

Craig Snyder
Institution: America Group
Location: Southfield, Michigan
TPM: LPL Financial
Number of FAs on team: 71
2016 Total team AUM: $2.1 billion
2015 Total team AUM: $2.1 billion
2016 Team production: $16.8 million
2015 Team production: $17.1 million
Production per adviser: $242,000
Is the nominee a producing manager? No
Number of years in current job: 20
Number of years in wealth management: 35