Gurtin Municipal Bond Management Wins 2017 Pacesetter IMPACT AwardTM from Charles Schwab & Co., Inc.
The award pays tribute to industry leaders who are raising the bar in the field.
SAN DIEGO (November 27, 2017) — Gurtin Municipal Bond Management (Gurtin), an asset manager specializing in high-grade municipal bond portfolios and funds for high net worth individuals, received Charles Schwab & Co., Inc.’s 2017 Pacesetter IMPACT Award™. Schwab Advisor Services recognized Gurtin for their unique specialization in municipal bonds, pioneering work in fundamental municipal credit research and socially responsible municipal investing, and strategic investment in proprietary technology. The firm, which works with a network of more than 100 wealth managers and independent advisors nationwide, received the award on the main stage at Schwab IMPACT®, the nation’s largest and longest-running annual gathering of independent advisors.
“We founded the firm nine years ago with a singular goal of building the premier municipal bond management firm in the industry: a firm our clients and peers respect for our intellect and intense focus on the best interests of our clients; a firm valued by our employees ‘as more than just a job’; a community of likeminded individuals with the highest integrity who are intensely passionate about and proud of their firm,” said Bill Gurtin, CEO and chief investment officer. “We are humbled and honored to receive the Pacesetter IMPACT Award™; it is a wonderful validation of the collective hard work and focus that has gone in to building the firm.”
The IMPACT Awards®, whose categories include the Pacesetter IMPACT Award™, Trailblazer IMPACT Award™, Best-in-Business IMPACT Award™, and Best-in-Retirement Business IMPACT Award™, are given based on the decision of an independent judging panel of industry experts and veterans each year. Granted to independent advisor firms that have demonstrated excellence through leadership, innovative business practices, client dedication, and fresh thinking, the Pacesetter IMPACT Award™ pays tribute to a firm in business 10 years or less that has shown initiative, growth, and promise as well as a focused use of technology to extend its reach. A 400% growth in its client base, a 25% annualized growth rate in municipal bond assets under management, and a 97% client retention rate, since inception demonstrate the firm’s excellence in these areas.
“As has been the case since the creation of the firm, our employees remain our most important asset,” said Michael Johnson, co-CEO and chief risk officer. “With some of the best and brightest in the industry working for us, we’ve been able to build a vast infrastructure of proprietary technologies that enable us to operate and manage innovative strategies at a level that we haven’t seen elsewhere in the municipal bond management industry, even amongst significantly more seasoned firms.”
Schwab will make a donation of $15,000 on behalf of Gurtin to Feeding America, the nation’s largest domestic hunger-relief organization. Having partnered with Feeding San Diego in the past for philanthropic activities, Gurtin is proud to support the effort to end hunger in America.
About Gurtin Municipal Bond Management:
As an industry leader in municipal bond portfolio management, with $14 billion in discretionary assets under management as of October 31, 2017, Gurtin is committed to investors’ complete comfort in their municipal bond investments.
For more information about Gurtin, please visit:
About IMPACT Awards®:
The Charles Schwab & Co., Inc.’s IMPACT Awards® program recognizes excellence in the business of independent financial advice. A panel of prominent leaders from both the business world and the financial services industry evaluate and select nominees.
For more information on the IMPACT Awards® program and criteria, visit http://impact.schwab.com/awards/.
The Pacesetter IMPACT Award™ is not based on Gurtin’s investment performance or any one or more client experience or opinion. Based upon the information provided by Charles Schwab & Co., Inc., to be eligible for consideration an investment adviser must use Charles Schwab, Charles Schwab Advisor Services™, or Charles Schwab Bank to custody client assets and must apply for the award. Advisors are selected based on an application process detailed on the link above, with Gurtin being awarded the sole Pacesetter IMPACT Award™ for 2017. Neither Gurtin nor its employees paid a fee to Charles Schwab & Co., Inc. in exchange for consideration for the award but Gurtin and some of its employees do use Charles Schwab & Co., Inc. for investment services and custody client assets. Third party rankings and recognition are no guarantee of future investment success. Working with an advisor award recipient does not ensure that a client or prospective client will experience a higher level of performance or results. Awards and ratings should not be considered an endorsement of the advisor by any client or third party.
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Gurtin Municipal Bond Management (“Gurtin”) and its employees are independent of and are not employees or agents of Charles Schwab & Co., Inc. (“Schwab”). Schwab does not prepare, verify or endorse information distributed by Gurtin. The Pacesetter IMPACT Award™, part of Schwab’s IMPACT Awards® program, is not a referral to, endorsement or recommendation of, or testimonial for the advisor with respect to its investment advisory or other services.