Financial advisors rank among Barron's 'Top 50' in US
Editor’s note: This article has been updated to include a fourth local financial advisor who also made the ranking.
Four Grand Rapids wealth advisors have been ranked among the top 50 institutional consultants in the country by Barron’s.
The investment-focused publication owned by Dow Jones & Company named Michael Rosloniec, James Veldheer, Timothy Long and William Mackay to its 2018 ranking of the “Top 50 Institutional Consultants” in the nation.
The ranking was published April 23.
Rosloniec is a financial advisor at the Grand Rapids office of Graystone Consulting, a Morgan Stanley firm.
He placed at No. 9 on this year’s ranking, compared to No. 13 last year.
The other three advisors are managing partners at Grand Rapids-based Veldheer, Long, Mackay & Bernecker Group, a Merrill Lynch firm.
They placed at No. 37 on the ranking this year, compared to No. 20 last year.
The “Top 50 Institutional Consultants” were evaluated on institutional investment assets overseen by the advisor and their team, revenue generated by those assets, number of clients served and number of team members and their regulatory records.
Barron’s also considered teams’ advanced professional designations and accomplishments.
Rosloniec is an institutional consulting and family wealth director at Graystone Consulting.
He serves institutional and family office clients in portfolio construction, wealth management and inter-generational planning.
Rosloniec earned a B.A. in economics from the University of Michigan and an M.B.A. in finance from Grand Valley State University.
He holds CIMA, CFA, CFP and CAIASM designations.
Veldheer concentrates on pensions, foundations, endowments and managing high net worth families’ investment portfolios.
A graduate of Aquinas College, Veldheer attended Grand Valley State University for post-grad studies and joined Merrill Lynch in 1990.
He was also one of Barron’s “Top Institutional Consultants” in 2015 and 2017 and named to Barron’s “Top 1,200 Financial Advisors” ranking in 2017.
He holds a CIMA designation sponsored by the Investment Management Consultants Association at the University of Pennsylvania’s Wharton School and a CRPC designation from the College for Financial Planning.
Long has worked with Merrill Lynch since 1994. He concentrates on the financial and estate needs of institutions and individuals of high net worth.
He attended Hope College and was a Baker Scholar. He graduated from the University of Michigan’s Ross School of Business and then earned an M.B.A. from St. John’s University in New York.
Long holds a CIMA designation and was also named one of Barron’s “Top Institutional Consultants” in 2015 and 2017 and one of Barron’s “Top 1,200 Financial Advisors” in 2017.
He was named to Financial Times' 2018 ranking of the “Top 400 Financial Advisors.”
Mackay joined Merrill Lynch in 1993.
He offers institutional and high net worth investment strategies.
Mackay graduated from the University of Notre Dame with a B.A. and studied law at the University of Michigan.
He holds the CIMA designation, was also named one of Barron’s “Top Institutional Consultants” in 2015 and 2017 and appeared on Barron’s 2018 ranking of the “Top 1,200 Financial Advisors.”