The national award recognizes the top-performing and most innovative firms in the financial advisory profession.

Berman McAleer, an independent financial planning and wealth management firm, was one of only 12 winners nationwide to receive the InvestmentNews 2016 Best Practices Award. The initiative recognizes top-performing, innovative firms in the financial advisory profession.

“The firms that have seen the most growth are those that have been the most strategically managed,” said Mark Bruno, associate publisher of Investment News. “Berman McAleer is one of those firms. Its leaders executed on their strategic plans more effectively than most firms in the industry. They are an excellent example of how – and why – professionally run wealth management firms are out-performing and well-positioned for long-term success.”

The winners of the InvestmentNews Best Practices Awards were identified through their participation in the 2016 Financial Performance Study of Advisory Firms. Among the 12 winners two were from the Baltimore area as Berman McAleer shared the stage with their friends at WMS Partners, recognized at an awards event last Tuesday in New York City.

“We don’t set out to win awards. We strive every day to put into place practices that help our clients and team succeed,” said David Berman, Berman McAleer co-founder and CEO. “To win an award that recognizes this hard work on a national scale is humbling.”

About Berman McAleer

Berman McAleer, LLC is an independent financial advisory and wealth management firm with a history dating back to 1988. Located in Timonium, Maryland, Berman McAleer focuses on working with high-net-worth individuals and their families, as well as closely-held businesses. The firm currently has over 400 client relationships and manages $660 million in individual assets. Their retirement plan affiliate, Justin Retirement Services, oversees an additional $400 million of 401(k) assets. For more information about Berman McAleer, visit www.bmcplanning.com.