--News Direct--
SpiderRock Advisors (“SpiderRock”), a leading provider of customized options strategies in the U.S. wealth market, today announced it had been named a Finalist in the WealthManagement.com 2023 Industry Awards for Thought Leadership Advisor Education.
SpiderRock Advisors provides customized option overlays to registered investment advisors, family offices, national broker/dealers, and institutional clients, with a focus on risk management, yield enhancement, and strategies for concentrated positions. SpiderRock has more than $3 billion in assets under management.
SpiderRock has been named a Finalist based on its work in evangelizing volatility as an asset class among financial advisors.
“This recognition is especially meaningful for us because advisor education on the role of options strategies to both protect and enhance portfolios is vital to our strategy,” said Eric Metz, founder and CEO of SpiderRock Advisors. “Many financial advisors have avoided options largely because they’ve feared the complexity and the perceived challenge of scaling them through their clients’ portfolios. We are honored that our approach in making it easier for advisors to manage and integrate option overlays into their clients’ portfolios is being recognized in our industry.”
Now in its ninth year, the WealthManagement.com Industry Awards, known as the Wealthies, is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support financial advisor success. A panel of judges made up of top names in the industry, led by WealthManagement.com director of editorial strategy and operations David Armstrong, chose the finalists and will determine the winners, which each year recognizes the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors.
Winners will be announced at a gala and awards ceremony in New York City on September 7th.
“The Industry Awards are a beacon, illuminating the trailblazers and innovators who are shaping the future of the financial services industry,” said David Armstrong, director of editorial strategy and operations at WealthManagement.com. “They serve as a leading indicator of future activity, and as a barometer for the dynamic ecosystem of companies and organizations that empower, support and enable advisor success who are driving the industry forward.”
About SpiderRock Advisors
Founded in 2015, SpiderRock Advisors, LLC is a Chicago-based asset management firm focused on providing customized option overlay strategies to investors. SpiderRock Advisors is making it easy for financial advisors and institutions to add option strategies to their portfolios. BlackRock (NYSE:BLK) took a minority investment in July 2021. As of March 2023, SpiderRock manages more than $3 billion for firms in the RIA, family office, national broker/dealers, and institutional clients. For more information, please visit the SpiderRock Advisors website and follow us on LinkedIn.
About WealthManagement.com
WealthManagement.com, an Informa business, provides everything wealth professionals need to know to stay knowledgeable about the industry, build stronger relationships, improve their practice, and grow their business. WealthManagement.com offers financial services organizations a broad array of marketing services designed to help them influence the industry’s leading audience of wealth management professionals.
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