Harrisburg, PA, Oct. 22, 2013 (GLOBE NEWSWIRE) -- Roof Advisory Group received unprecedented national recognition by InvestmentNews for best practices in human capital management and overall use of technology among investment advisory firms.
Twelve firms nationwide were selected to be recognized in each of the two categories; with Roof Advisory Group being the only firm to be honored in both categories. The firm was the sole winner from Pennsylvania, with only one other firm from the surrounding states of New York, New Jersey, Maryland, Delaware and Virginia being selected.
National recognition is certainly not new for the firm. E. Jeffrey Roof states, "Roof Advisory Group has built a national reputation as a top-tier investment advisory firm and receiving this prestigious recognition among an elite group of peers confirms the benefits our clients receive from our ongoing focus on professional excellence."
"Roof Advisory Group was the only firm among our Best Practices to be recognized as a Top Performer in both categories: human capital management and technology excellence," said Mark Bruno, director of digital and data strategy at InvestmentNews. "This affirms that the management of personnel and technology go hand-in-hand to drive growth and superior business results, and we are thrilled to acknowledge how Roof Advisory Group's success has underscored this important characteristic of Top Performers."
E. Jeffrey Roof was also invited to participate on an expert panel in Chicago, Illinois at the InvestmentNews Best Practices Awards & Workshop in September. He was selected to speak in a segment highlighting how top-performing and innovative investment firms successfully use their human capital strategies to achieve favorable business results.
The award winners were chosen from data gathered in the 2013 InvestmentNews/Moss Adams Adviser Compensation & Staffing Study and the 2013 InvestmentNews Adviser Technology Study. Individual firm performance was scrutinized and measured by growth, profitability and productivity. To be chosen as a Best Practices winner, the firm first had to rank in the top-quartile of all 413 participating firms, followed by the finalists being interviewed by the InvestmentNews Best Practices Committee.
This rigorous study allowed InvestmentNews "to recognize top-performers and innovators on an individual (firm) level", said Mark Bruno. "Their accomplishments and stories will help educate, inform and influence the growth of this industry."
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Roof Advisory Group, Inc. is an independent, Registered Investment Adviser with the United States Securities & Exchange Commission. The sole mission of the firm is delivering the highest quality investment management and financial advice on a fee-only basis.
EDITORS NOTE: For more information about the 2013 InvestmentNews/Moss Adams Adviser Compensation and Staffing Study, visit www.Investmentnews.com/advisercomp
A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=21713