Money Management Institute Announces Finalists for 2021 MMI/Barron’s Industry Awards

Thursday, October 14, 2021

NEW YORK, NY, October 14, 2021 – The Money Management Institute (MMI) today announced the finalists for the 2021 MMI/Barron’s Industry Awards, which recognize innovation and leadership in the investment advisory solutions industry.

“In partnering with Barron’s in presenting these awards,” said Craig Pfeiffer, MMI President and CEO, “we are celebrating some of the most remarkable accomplishments in our industry. Today, as in the past, the focus of the MMI/Barron’s Industry Awards is on firms delivering truly innovative investment advisory solutions and programs that best serve financial advisors and investors.”

“We at Barron’s are once again proud to co-sponsor these awards,” said Jack Otter, Global Head of Wealth & Asset Management at Dow Jones, the publisher of Barron's. “They recognize accomplishments made during a demanding period of volatility and shifting investor behaviors.”

Winners in the following twelve categories will be announced on November 11 at a special virtual 2021 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

  • AllianceBernstein – AllianceBernstein Digital CoachSM
  • Bank of America Merrill Lynch – Merrill Lynch Investment Advisory Program – Digital Wealth Overview
  • FLX Distribution – FLX Distribution
  • Morningstar – ByAllAccounts with Financial Wellness Tools
  • Refinitiv – House Views and Market Insights (HVMI)

Doing Good: Honoring programs that support a deserving cause or give back to the communities we serve

  • Invest in Others – Grants for Change
  • Lord Abbett – Lord Abbett Funds a New Home for Hudson Pride Center
  • Morgan Stanley Wealth Management – Historically Black Colleges and Universities (HBCU) Scholars Program

Social Justice: Honoring exemplary commitment and progress in embracing and advocating social justice in the investment advisory solutions industry

  • Cetera Financial Group – Caring Cetera
  • Nuveen – Commitment to Cultivating a Diverse and Inclusive Environment
  • Raymond James – Diversity and Inclusion Program

Sustainable & ESG Investing: Honoring programs that support awareness and adoption of sustainable and ESG investing

  • Envestnet | PMC – Due Diligence Updates & New Impact Overlay Screens
  • Fidelity – ESG Pro
  • RBC Wealth Management – RBC Wealth Management

Distribution Excellence: Honoring firms that provide exemplary and innovative advisor sales support both in the field and from the home office

  • Allianz Life – Allianz Advisory Channel Expansion Team
  • Clark Capital Management Group – A Winning Approach: Helping Advisors Attract and Retain HNW Clients
  • Practice Management Consultants – Black Financial Advisors Network Exclusive Coaching Programs

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

  • BNY Mellon | Pershing – Driving Growth Through Multigenerational Relationships
  • iCapital Network – AltsEdge
  • Putnam Investments – Putnam Sustainable Investing

Disruption: Honoring a groundbreaking new product, technology, or process that will fundamentally alter the future delivery of advisory solutions

  • Andes Wealth Technologies – Andes Wealth Platform
  • Envestnet – Envestnet Trust Services Exchange powered by Trucendent
  • Franklin Templeton – Goals Optimization Engine (GOE)

Wealth Manager Platform of the Year: Honoring a wealth manager platform that exemplifies innovation in delivering better outcomes for investors and financial advisors

  • Bank of America Merrill Lynch – Merrill Lynch Investment Advisory Program – Tax Efficient Management Overlay Services
  • LPL Financial – Model Wealth Portfolios (MWP)
  • Morgan Stanley Wealth Management – Expansion of Advice Delivery and Portfolio Management Capabilities

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 Syndication Services
  • Horizon Investments – Horizon Goals-Based Solutions
  • IDX Insights – Direct Indexing/Crypto Currency

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

  • Clark Capital Management Group – Employee-Owned Firm Celebrates 35 Years with Double Digit Growth
  • KraneShares – KraneShares Global Carbon ETF (KRBN)
  • Thornburg Investment Management – Thornburg Investment Management

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

  • Ark Investments – Ark Investments
  • Envestnet | PMC – Envestnet | PMC
  • J.P. Morgan Asset Management – Empowering Change
  • Lord Abbett – Collaboration to Help Advisors Thrive in a Remote/Hybrid Environment

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

  • Broadridge Financial Solutions – Broadridge Wealth Platform
  • Envestnet – Envestnet’s Financial Wellness Ecosystem
  • iCapital Network – Global Alternative Investing Infrastructure

Nominations for the 2021 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 voted 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. MMI is driven by our promise of increasing connections, knowledge, and growth for our members. We are dedicated to fostering professional relationships, sharing experiences, and expanding the industry’s influence through advocacy and education. MMI offers premier professional development programs, specialized curriculums, and facilitates peer-to-peer connections through our communities and conferences. As part of our longstanding commitment to diversity and inclusion, the Gateway Foundation provides clear pathways to entry and career advancement in the financial services industry for historically excluded and underrepresented groups. MMI member firms include wealth manager, asset manager and solutions provider firms of all sizes and professionals representing all functional areas. 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, the Wealth & Asset Management Group’s annual series of exclusive conferences for financial advisors band investors is dedicated to identifying, enhancing, and expanding best practices in wealth management. 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